Top-Rated StocksTop-RatedNASDAQ:PDD PDD (PDD) Stock Price, News & Analysis $99.90 -0.08 (-0.08%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About PDD Stock (NASDAQ:PDD) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$98.71▼$101.0450-Day Range$89.17▼$151.1152-Week Range$88.01▼$164.69Volume9.00 million shsAverage Volume20.73 million shsMarket Capitalization$137.45 billionP/E Ratio13.23Dividend YieldN/APrice Target$177.78Consensus RatingBuy Company OverviewPDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. The company was incorporated in 2015 and is based in Dublin, Ireland.Read More… Are You Ready for a Small-Cap Rally? (Ad)Jeff Bezos has just made a bold move into Quantum Computing as a Service (QaaS), a technology set to disrupt industries worth over $46 trillion. What's even more intriguing?Click here to uncover how you can get in on the ground floor. PDD Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 97th PercentilePDD scored higher than 97% of companies evaluated by MarketBeat, and ranked 1st out of 24 stocks in the multi-sector conglomerates sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.5 / 5Analyst RatingBuy Consensus RatingPDD has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoveragePDD has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about PDD's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth11.76% Earnings GrowthEarnings for PDD are expected to grow by 11.76% in the coming year, from $11.05 to $12.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PDD is 13.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.80.Price to Earnings Ratio vs. SectorThe P/E ratio of PDD is 13.23, which means that it is trading at a more expensive P/E ratio than the Multi-Sector Conglomerates sector average P/E ratio of about 6.94.Price to Earnings Growth RatioPDD has a PEG Ratio of 0.24. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPDD has a P/B Ratio of 5.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about PDD's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.46% of the outstanding shares of PDD have been sold short.Short Interest Ratio / Days to CoverPDD has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PDD has recently increased by 8.65%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldPDD does not currently pay a dividend.Dividend GrowthPDD does not have a long track record of dividend growth. Sustainability and ESG2.2 / 5Environmental Score-1.41 Percentage of Shares Shorted2.46% of the outstanding shares of PDD have been sold short.Short Interest Ratio / Days to CoverPDD has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PDD has recently increased by 8.65%, indicating that investor sentiment is decreasing significantly. News and Social Media2.8 / 5News Sentiment0.10 News SentimentPDD has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Multi-Sector Conglomerates companies.News Coverage This WeekMarketBeat has tracked 46 news articles for PDD this week, compared to 20 articles on an average week.Search Interest149 people have searched for PDD on MarketBeat in the last 30 days. This is an increase of 122% compared to the previous 30 days.MarketBeat Follows31 people have added PDD to their MarketBeat watchlist in the last 30 days. This is an increase of 41% compared to the previous 30 days. Company Ownership0.0 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, PDD insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.70% of the stock of PDD is held by insiders.Percentage Held by InstitutionsOnly 29.07% of the stock of PDD is held by institutions.Read more about PDD's insider trading history. PDD Stock News HeadlinesBHP Stock: The Under-the-Radar Growth Story in CommoditiesBHP shares are little changed even after the company doubled its free cash flow over the year, secular tailwinds drew in institutional capital to the stockAugust 28, 2024 | marketbeat.comPDD Shares Plunge: Why This Could Be a Hidden Gem for Investors (PDD)PDD stock is selling off after the company announced its second quarter 2024 earnings results, though the financials show a stronger than expected businessAugust 27, 2024 | marketbeat.comNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …September 20, 2024 | Weiss Ratings (Ad)PDD Investors Have Opportunity to Lead PDD Holdings Inc. Securities Fraud LawsuitSeptember 20 at 5:15 PM | prnewswire.comPDD Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against PDD Holdings Inc. f/k/a Pinduoduo Inc.September 20 at 12:30 PM | prnewswire.comPDD (NASDAQ:PDD) Shares Up 0.1%September 20 at 8:31 AM | americanbankingnews.comInvestors in PDD Holdings Inc. f/k/a Pinduoduo Inc. Should Contact Levi & Korsinsky Before October 15, 2024 to Discuss Your Rights - PDDSeptember 20 at 5:45 AM | prnewswire.comPDD ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Notifies Investors of a Class Action Lawsuit Against PDD Holdings Inc. f/k/a Pinduoduo IncSeptember 19 at 6:05 PM | markets.businessinsider.comSee More Headlines PDD Stock Analysis - Frequently Asked Questions How have PDD shares performed this year? PDD's stock was trading at $146.31 at the start of the year. Since then, PDD shares have decreased by 31.7% and is now trading at $99.90. View the best growth stocks for 2024 here. How were PDD's earnings last quarter? PDD Holdings Inc. (NASDAQ:PDD) issued its earnings results on Monday, August, 26th. The company reported $23.24 EPS for the quarter, beating analysts' consensus estimates of $2.66 by $20.58. PDD's quarterly revenue was up 85.7% compared to the same quarter last year. When did PDD IPO? PDD (PDD) raised $1.5 billion in an initial public offering on Thursday, July 26th 2018. The company issued 85,600,000 shares at a price of $16.00-$19.00 per share. Credit Suisse, Goldman Sachs (Asia) and CICC acted as the underwriters for the IPO and China Renaissance was co-manager. Who are PDD's major shareholders? PDD's top institutional investors include Baillie Gifford & Co. (2.55%), Assenagon Asset Management S.A. (0.43%), Tairen Capital Ltd (0.39%) and Legal & General Group Plc (0.39%). How do I buy shares of PDD? Shares of PDD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of PDD own? Based on aggregate information from My MarketBeat watchlists, some other companies that PDD investors own include Alibaba Group (BABA), NVIDIA (NVDA), JD.com (JD), Advanced Micro Devices (AMD), Micron Technology (MU), Netflix (NFLX) and Block (SQ). Company Calendar Last Earnings8/26/2024Today9/20/2024Next Earnings (Estimated)11/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMulti-Sector Conglomerates Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:PDD CUSIPN/A CIK1737806 Webwww.pinduoduo.com Phone(531) 539-7938FaxN/AEmployees17,403Year Founded2015Price Target and Rating Average Stock Price Target$177.78 High Stock Price Target$272.00 Low Stock Price Target$120.00 Potential Upside/Downside+77.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$7.55 Trailing P/E Ratio13.24 Forward P/E Ratio9.05 P/E Growth0.24Net Income$8.45 billion Net Margins28.92% Pretax Margin34.43% Return on Equity48.14% Return on Assets26.86% Debt Debt-to-Equity Ratio0.02 Current Ratio2.11 Quick Ratio2.11 Sales & Book Value Annual Sales$341.59 billion Price / Sales0.40 Cash Flow$6.59 per share Price / Cash Flow15.16 Book Value$19.17 per share Price / Book5.22Miscellaneous Outstanding Shares1,375,873,000Free Float1,324,966,000Market Cap$137.56 billion OptionableOptionable Beta0.69 Social Links Should I Buy PDD Stock? PDD Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 11, 2024. Please send any questions or comments about these PDD pros and cons to contact@marketbeat.com. PDD Bull Case Here are some ways that investors could benefit from investing in PDD Holdings Inc.: PDD Holdings Inc. has shown consistent revenue growth, with a significant increase in revenue of 85.7% year-over-year. Analysts have set a consensus target price of $177.78 for PDD Holdings Inc., indicating potential for stock price appreciation. Institutional investors and hedge funds have been increasing their stakes in PDD Holdings Inc., signaling confidence in the company's future performance. PDD Holdings Inc. has a strong return on equity of 48.14%, indicating efficient use of shareholder funds to generate profits. The company's net margin of 28.92% showcases its ability to convert revenue into profit effectively. PDD Bear Case Investors should be bearish about investing in PDD Holdings Inc. for these reasons: Recent analyst downgrades and target price reductions may indicate potential challenges or uncertainties in the company's future performance. Market volatility and economic conditions can impact PDD Holdings Inc.'s stock price, leading to potential short-term fluctuations. Competition in the e-commerce sector, where PDD Holdings Inc. operates, is intense and could affect the company's market share and profitability. Investing in individual stocks like PDD Holdings Inc. carries inherent risks related to company-specific factors and industry dynamics. External factors such as regulatory changes or geopolitical events can influence PDD Holdings Inc.'s operations and financial results. 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