PDD Holdings Inc. (PDD)

NASDAQ: PDD · Real-Time Price · USD
105.57
+5.31 (5.30%)
At close: Jan 17, 2025, 4:00 PM
105.35
-0.22 (-0.21%)
After-hours: Jan 17, 2025, 7:59 PM EST
5.30%
Market Cap 146.61B
Revenue (ttm) 53.05B
Net Income (ttm) 15.43B
Shares Out 1.39B
EPS (ttm) 10.49
PE Ratio 10.06
Forward PE 9.35
Dividend n/a
Ex-Dividend Date n/a
Volume 11,656,003
Open 101.50
Previous Close 100.26
Day's Range 100.33 - 106.74
52-Week Range 88.01 - 164.69
Beta 0.65
Analysts Strong Buy
Price Target 173.40 (+64.25%)
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]

Industry Internet Retail
IPO Date Jul 26, 2018
Employees 17,403
Stock Exchange NASDAQ
Ticker Symbol PDD
Full Company Profile

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 Statements

Analyst 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 64.25% from the latest price.

Price Target
$173.4
(64.25% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

US Listed Chinese Stocks Rally on Strong Trade Data, Central Bank Support, Goldman Forecasts 20% Growth

US-listed Chinese stocks rise as China's 2024 trade hits $5.98T, with exports growing 7.1% and imports up 2.3%.

6 days ago - Benzinga

Bioptimus Hits $76M Funding Milestone and Prepares to Launch Groundbreaking Foundation Model for Biology

PARIS--(BUSINESS WIRE)--Bioptimus, the pioneering AI foundation model company, announced today that it has reached a significant funding milestone of $76 million. This total includes a $41 million cas...

Other symbols: WBX
6 days ago - Business Wire

Hong Kong Chinese stocks set to soar 21% in 2025, says HSBC

The Hong Kong-listed Chinese equities market is primed for a turnaround, with HSBC forecasting a 21% upside in the Hang Seng China Enterprises Index (HSCEI) for 2025. HSBC's strategists, including Her...

11 days ago - Invezz

PDD Holdings: Pushing Delivery Beyond Borders

PDD is expanding its free delivery to Japan, Singapore, Taiwan, Korea, and Macau, enhancing its global reach and offsetting domestic market weaknesses. PDD's low-cost leadership, superior supply chain...

13 days ago - Seeking Alpha

Goldman Sachs Backs Chinese Equities as Markets React to Economic Slowdown and Tariff Concerns

U.S. listed Chinese stocks, including Alibaba Group Holding BABA, Baidu, Inc BIDU, JD.com, Inc JD, PDD Holdings Inc PDD, Bilibili Inc BILI, NIO Inc NIO, XPeng Inc XPEV Li Auto Inc LI remained on inves...

14 days ago - Benzinga

Chinese Stocks Rebound In 2024 After 3-Year Slump: 3 ETFs To Watch

In 2024, Chinese stocks finally rebounded from challenges like the pandemic, property market struggles, and weak consumer confidence, ditching a three-year losing streak despite a slight dip on the fi...

Other symbols: BABABIDUFXIJDKWEBMCHI
17 days ago - Benzinga

PDD Holdings: A Top E-Commerce Growth Play For 2025

PDD Holdings' impressive revenue and earnings growth, driven by its discount e-Commerce platform Temu, supports a bullish investment case. The company's valuation is attractive, trading at a lower pri...

20 days ago - Seeking Alpha

Back To Fundamentals: 3 Picks For 2025

Fundamentals don't just matter - they are the only significant factors in long-term investing. Returning to fundamentals, I isolate three superior companies for 2025. Nvidia's Owner's Yield of 5.1% an...

Other symbols: NVDAPINS
4 weeks ago - Seeking Alpha

PDD's Temu app tops U.S. iOS downloads for second year running amid greater scrutiny of China companies

The latest ranking highlights the continued success Chinese apps are having in the U.S., with Bytdance's TikTok ranking third and Temu-competitor Shein coming in at number 12. Temu's success comes ami...

4 weeks ago - CNBC

US-Listed Chinese Stocks React To Underwhelming Consumption Data

U.S. listed Chinese stocks Alibaba Group Holding. BABA, JD.com, Inc. JD and Baidu, Inc. BIDU, NIO Inc. (NYSE: NIO), Li Auto Inc. (NASDAQ: LI), and XPeng Inc. (NYSE: XPEV) stocks are trading lower on M...

Other symbols: BABABIDUFXIJDKWEBMCHI
5 weeks ago - Benzinga

US-Listed Chinese Stocks Give Up Gains In Anticipation Of More Stimulus

On Thursday, Alibaba Group Holding. (NYSE: BABA), also known as China's tech barometer, traded upwards as China kicked off its annual economic work conference on Wednesday to outline its policies and ...

Other symbols: BABABIDUFXIJDKWEBMCHI
5 weeks ago - Benzinga

PDD Holdings: Great Business, Big Potential, Low Valuation

PDD Holdings' unique social e-commerce model and cost advantages are disrupting giants like Alibaba and JD, with the potential to become China's first consistent one trillion-dollar company. Pinduoduo...

5 weeks ago - Seeking Alpha

US Stocks Likely To Open Lower As Traders Await Slew Of Data: US-Listed Chinese Stocks In Focus Following Stimulus Pledge

U.S. stock futures declined on Tuesday in premarket hours and the dollar rose to 106.357 level.

Other symbols: BABABIDUFXIJDKWEBMCHI
5 weeks ago - Benzinga

US Listed Chinese Stocks Jump On China's Stimulus Measures, Looser Monetary Policy Assurances

On Monday, U.S.-listed Chinese stocks like Alibaba Group Holding. (NYSE: BABA), JD.com, Inc. (NASDAQ: JD), Baidu, Inc. (NASDAQ: BIDU), NIO Inc. (NYSE: NIO), Li Auto Inc. (NASDAQ: LI), and XPeng Inc. (...

6 weeks ago - Benzinga

Chinese stocks jumped. Here's the latest government statement and what it means.

Chinese stocks surged in late Hong Kong trade on Monday in the latest government announcement promising action to boost its stuttering economy.

Other symbols: BABABIDUFXIJDKWEBMCHI
6 weeks ago - Market Watch

Temu told to suspend Vietnam operations, state media reports

Chinese online retailer Temu has been told to suspend its operations in Vietnam after it failed to meet an end-November deadline for business registration in the Southeast Asian country, Vietnamese st...

6 weeks ago - Reuters

PDD Holdings: Cheap With A Christmas Catalyst (Rating Upgrade)

The last time I covered PDD Holdings I rated it a hold because of its decelerating growth. Now however the stock is a approaching deep value territory with the holiday season looming. Yesterday, Seeki...

7 weeks ago - Seeking Alpha

Temu and Shein Target Toy Sales While Growing in US and Europe

Temu and Shein reportedly are likely to account for a greater share of toy sales in America and Europe during this holiday shopping season. The two rival eCommerce sites are increasing their offerings...

7 weeks ago - PYMNTS

Alibaba Vs. PDD: A Grim Showdown In Chinese E-Commerce Stocks

Alibaba Group Holding Ltd BABA BABAF and PDD Holdings Inc PDD were once the shining stars of China's e-commerce universe, but recent performance metrics suggest they're caught in a gravitational pull ...

Other symbols: BABA
7 weeks ago - Benzinga

Top 3 Consumer Stocks That Are Set To Fly In Q4

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: HMCKSS
7 weeks ago - Benzinga

Stock Picks That Billionaires Love

Billionaire investors are scooping up mega-cap tech stocks amid the sector's red-hot rally.

Other symbols: AMZNMETANVDASBUX
2 months ago - Kiplinger

PDD Holdings: Significantly Undervalued, Great Value

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...

2 months ago - Seeking Alpha

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 ...

2 months ago - Seeking Alpha

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.

2 months ago - WSJ

PDD: Price Crash Despite Strong Growth

PDD Holdings reported strong Q3 growth, but results slightly missed expectations, leading to a double-digit share price drop despite a 40%+ sales increase. The company faces competition and macroecono...

2 months ago - Seeking Alpha