PDD Holdings Inc. (PDD)
| Market Cap | 138.20B |
| Revenue (ttm) | 53.05B |
| Net Income (ttm) | 15.43B |
| Shares Out | 1.39B |
| EPS (ttm) | 10.49 |
| PE Ratio | 9.48 |
| Forward PE | 8.82 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 12,044,206 |
| Open | 98.55 |
| Previous Close | 101.00 |
| Day's Range | 97.36 - 100.30 |
| 52-Week Range | 88.01 - 164.69 |
| Beta | 0.65 |
| Analysts | Strong Buy |
| Price Target | 173.40 (+74.25%) |
| Earnings Date | Nov 21, 2024 |
About PDD
PDD 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 form... [Read more]
Financial Performance
In 2023, PDD Holdings's revenue was 247.64 billion, an increase of 89.68% compared to the previous year's 130.56 billion. Earnings were 60.03 billion, an increase of 90.33%.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for PDD stock is "Strong Buy." The 12-month stock price forecast is $173.4, which is an increase of 74.25% from the latest price.
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PDD Holdings is a standout Chinese company, growing revenues above 20% and maintaining a unique, successful business model in the e-commerce space. The company is founder-managed, with significant ins...
PDD: Near-Term Correction Doesn't Deter Our Bullish Bargain Hunt
We remain bullish on PDD despite a 15% share price pullback, viewing it as an attractive entry point for growth-focused investors. PDD's cost leadership and Temu's global growth potential position it ...
Temu Owner PDD Misses Forecasts as Revenue Growth Slows
The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.
PDD: Price Crash Despite Strong Growth
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PDD Holdings Inc. (PDD) Q3 2024 Earnings Call Transcript
PDD Holdings Inc. (NASDAQ:PDD) Q3 2024 Earnings Conference Call November 21, 2024 7:30 AM ET Company Participants Lei Chen - Chairman & Co-Chief Executive Officer Jiazhen Zhao - Executive Director & ...
PDD Stock Tumbles as Quarterly Results Fall Short of Estimates
U.S.-traded shares in PDD Holdings (PDD) are plunging in premarket trading Thursday after the parent of the Temu discount marketplace posted quarterly results that fell massively short of analysts' es...
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PDD Stock Drops. The Temu Owner Sounds Alarm Over Fierce Competition.
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Temu-owner PDD misses market estimates for Q3 revenue on weak consumer spending
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PDD Holdings Announces Third Quarter 2024 Unaudited Financial Results
DUBLIN and SHANGHAI, Nov. 21, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the third quarter ended Se...