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PDD Holdings (PDD)
NASDAQ:PDD
PDD Holdings (PDD) Stock Price & Analysis
4,986 Followers
PDD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$66.40 - $164.69
Previous Close$149.78
Volume7.64M
Average Volume (3M)10.35M
Market Cap
$199.00B
Enterprise ValueN/A
Total Cash (Recent Filing)¥217.21B
Total Debt (Recent Filing)¥10.17B
Price to Earnings (P/E)19.8
Beta0.33
Next Earnings
Aug 22, 2024EPS Estimate
$2.79Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)7.57
Shares Outstanding1,375,872,787
10 Day Avg. Volume15,893,135
30 Day Avg. Volume10,350,012
Standard Deviation0.20
R-Squared0.03
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)1.12
Price to Sales (P/S)1.58
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$217.75Price Target Upside45.38% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
PDD Holdings News
Bulls Say, Bears Say
Bulls Say
Earnings GrowthAnalyst upgrades PDD to Buy from Neutral based on strong advertising revenue growth momentum.
Market ExpansionOverseas expansion a new catalyst. PDD launched its overseas marketplace platform Temu in North America.
ValuationAnalyst sees valuation as attractive, now aligned with industry peers, reflecting all prior concerns.
Bears Say
Management DecisionsDespite strong financial performance, management's reluctance to commit to capital reallocation to shareholders might disappoint investors.
Market CompetitionPotential risks include changes in government regulations, intensifying market competition, and the challenge to retain existing users.
Regulatory RisksGeopolitical risks with Temu’s US business, with US Congress passing the TikTok divestment-or-ban bill.
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Ownership Overview
0.00%
Insiders
4.06% Mutual Funds
16.06% Other Institutional Investors
79.88% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by PDD Holdings
Desktop Users
Mobile Users
PDD FAQ
What was PDD Holdings’s price range in the past 12 months?
PDD Holdings lowest stock price was $66.40 and its highest was $164.69 in the past 12 months.
What is PDD Holdings’s market cap?
Currently, no data Available
When is PDD Holdings’s upcoming earnings report date?
PDD Holdings’s upcoming earnings report date is Aug 22, 2024 which is in 82 days.
How were PDD Holdings’s earnings last quarter?
PDD Holdings released its earnings results on May 22, 2024. The company reported $2.861 earnings per share for the quarter, beating the consensus estimate of $1.449 by $1.412.
Is PDD Holdings overvalued?
According to Wall Street analysts PDD Holdings’s price is currently Undervalued.
Does PDD Holdings pay dividends?
PDD Holdings does not currently pay dividends.
What is PDD Holdings’s EPS estimate?
PDD Holdings’s EPS estimate is $2.79.
How many shares outstanding does PDD Holdings have?
PDD Holdings has 1,388,770,600 shares outstanding.
What happened to PDD Holdings’s price movement after its last earnings report?
PDD Holdings reported an EPS of $2.861 in its last earnings report, beating expectations of $1.449. Following the earnings report the stock price went up 1.128%.
Which hedge fund is a major shareholder of PDD Holdings?
Among the largest hedge funds holding PDD Holdings’s share is Appaloosa Management LP. It holds PDD Holdings’s shares valued at 244M.
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PDD Holdings Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$217.75 (45.38% Upside)
$217.75 (45.38% Upside)
Blogger Sentiment
Bullish
PDD Sentiment 86%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 2.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.0%
Last 30 Days ▲ 15.1%
Last 30 Days ▲ 15.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
129.30%
12-Months-Change
Fundamentals
Return on Equity
45.72%
Trailing 12-Months
Asset Growth
49.64%
Trailing 12-Months
Company Description
PDD Holdings
Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.
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PDD Earnings Call
Q1 2024
0:00 / 0:00
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PDD Stock 12 Month Forecast
Average Price Target
$217.75
▲(45.38% Upside)
Technical Analysis
Best Analysts Covering PDD
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+57.55%
reiterated a buy rating 9 days ago
Copying Jiong Shao's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +57.55% per trade.
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