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PDD (PDD) Stock Forecast & Price Target

PDD logo
$99.51 -1.49 (-1.48%)
(As of 12/20/2024 05:45 PM ET)

PDD - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
3
Buy
10

Based on 13 Wall Street analysts who have issued ratings for PDD in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 3 have given a hold rating, 8 have given a buy rating, and 2 have given a strong buy rating for PDD.

Consensus Price Target

$173.40
74.25% Upside
According to the 13 analysts' twelve-month price targets for PDD, the average price target is $173.40. The highest price target for PDD is $272.00, while the lowest price target for PDD is $105.00. The average price target represents a forecasted upside of 74.25% from the current price of $99.51.
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PDD Analyst Ratings Over Time

TypeCurrent Forecast
12/24/23 to 12/23/24
1 Month Ago
11/24/23 to 11/23/24
3 Months Ago
9/25/23 to 9/24/24
1 Year Ago
12/24/22 to 12/24/23
Strong Buy
2 Strong Buy rating(s)
2 Strong Buy rating(s)
2 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
10 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$173.40$173.40$177.78$126.12
Forecasted Upside74.25% Upside73.28% Upside56.22% Upside-12.71% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Buy

PDD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PDD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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PDD Stock vs. The Competition

TypePDDMulti-Sector Conglomerates CompaniesS&P 500
Consensus Rating Score
2.92
2.65
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside74.25% Upside25.51% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent PDD News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/22/2024Dbs Bank
0 of 5 stars
S. Mittal
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DowngradeStrong-Buy ➝ Hold
11/22/2024Benchmark
2 of 5 stars
 Lower TargetBuy ➝ Buy$185.00 ➝ $160.00+59.03%
11/22/2024JPMorgan Chase & Co.
3 of 5 stars
 DowngradeOverweight ➝ Neutral$170.00 ➝ $105.00+4.54%
11/21/2024Jefferies Financial Group
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 Lower TargetBuy ➝ Buy$181.00 ➝ $171.00+64.28%
10/7/2024Macquarie
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E. Jiang
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UpgradeNeutral ➝ Outperform$126.00 ➝ $224.00+45.20%
8/27/2024Nomura Securities
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J. Shi
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UpgradeStrong-Buy
8/27/2024Daiwa America
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J. Choi
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UpgradeStrong-Buy
8/27/2024Barclays
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 Lower TargetOverweight ➝ Overweight$224.00 ➝ $158.00+62.43%
8/27/2024Sanford C. Bernstein
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 Lower TargetOutperform ➝ Outperform$235.00 ➝ $170.00+70.00%
8/27/2024Bank of America
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 Lower TargetBuy ➝ Buy$206.00 ➝ $170.00+70.00%
8/27/2024Citigroup
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A. Yap
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DowngradeBuy ➝ Neutral$194.00 ➝ $120.00+20.00%
5/24/2024The Goldman Sachs Group
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 UpgradeNeutral ➝ Buy$145.00 ➝ $184.00+19.77%
5/22/2024UBS Group
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 Boost TargetBuy ➝ Buy$248.00 ➝ $272.00+85.19%
8/30/2023HSBC
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 Boost Target$107.00 ➝ $126.00+35.16%
8/30/2023CLSA
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 Boost Target$95.00 ➝ $114.00+22.29%
8/29/2023Morgan Stanley
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 Boost Target$110.00 ➝ $120.00+28.73%
5/30/2023500.com
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 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:41 AM ET.


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 Thursday, December 12, 2024. Please send any questions or comments about these PDD pros and cons to contact@marketbeat.com.

PDD
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in PDD Holdings Inc.:

  • PDD Holdings Inc. has received multiple upgrades from analysts, including a "strong-buy" rating from Nomura Securities, indicating strong confidence in the company's future performance.
  • The stock has a current price of $100.16, which is significantly below its 12-month high of $164.69, suggesting potential for price appreciation as the market recovers.
  • Institutional investors own 29.07% of PDD Holdings Inc., which often indicates a level of confidence in the company's stability and growth prospects.
  • Recent analyst reports show a consensus rating of "Moderate Buy" with a price target of $173.40, suggesting that analysts expect the stock to rise in value.
  • Several investment firms, including Bank of America and Jefferies Financial Group, have set buy ratings, reflecting positive sentiment in the market regarding PDD's growth potential.

PDD
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in PDD Holdings Inc. for these reasons:

  • Citigroup recently downgraded PDD from a "buy" to a "neutral" rating, which may indicate concerns about the company's short-term performance.
  • JPMorgan Chase & Co. cut their price objective for PDD from $170.00 to $105.00, suggesting a potential decline in expected stock value.
  • Analysts have noted a significant drop in price targets from various firms, which could reflect a bearish outlook on the company's future earnings.
  • Despite the positive ratings, three analysts have rated the stock as a hold, indicating uncertainty about its immediate growth prospects.
  • The stock's recent trading volume was lower than its average, which may suggest reduced investor interest or confidence in the stock at its current price level.

PDD Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for PDD is $173.40, with a high forecast of $272.00 and a low forecast of $105.00.

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PDD in the last year. There are currently 3 hold ratings, 8 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PDD shares.

According to analysts, PDD's stock has a predicted upside of 74.25% based on their 12-month stock forecasts.

Over the previous 90 days, PDD's stock had 2 downgrades and 1 upgrade by analysts.

PDD has been rated by research analysts at Benchmark, Dbs Bank, Jefferies Financial Group, JPMorgan Chase & Co., and Macquarie in the past 90 days.

Analysts like PDD more than other "multi-sector conglomerates" companies. The consensus rating score for PDD is 2.92 while the average consensus rating score for "multi-sector conglomerates" companies is 2.65. Learn more on how PDD compares to other companies.


This page (NASDAQ:PDD) was last updated on 12/23/2024 by MarketBeat.com Staff
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