Pinduoduo Inc. (PDD)

NASDAQ: PDD · IEX Real-Time Price · USD
49.62
+2.36 (4.99%)
At close: Aug 11, 2022 4:00 PM
47.30
-2.32 (-4.68%)
Pre-market: Aug 12, 2022 6:45 AM EDT
4.99%
Market Cap 62.74B
Revenue (ttm) 14.93B
Net Income (ttm) 2.07B
Shares Out 1.26B
EPS (ttm) 1.43
PE Ratio 34.70
Forward PE 22.57
Dividend n/a
Ex-Dividend Date n/a
Volume 8,983,446
Open 48.44
Previous Close 47.26
Day's Range 48.44 - 52.29
52-Week Range 23.21 - 109.79
Beta 0.77
Analysts Buy
Price Target 73.20 (+47.5%)
Earnings Date Aug 22, 2022

About PDD

Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverages, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pin... [Read more...]

Industry Internet & Direct Marketing Retail
IPO Date Jul 26, 2018
Employees 9,762
Stock Exchange NASDAQ
Ticker Symbol PDD
Full Company Profile

Financial Performance

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 45 analysts, the average rating for PDD stock is "Buy." The 12-month stock price forecast is 73.2, which is an increase of 47.52% from the latest price.

Price Target
$73.2
(47.52% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Are Chinese Stocks BABA, JD, IQ, PDD, TCEHY Down Today?

Source: Sean Pavone / Shutterstock Chinese stocks aren't doing so hot on Friday as a bevy of news bringing shares of companies from the country lower. The first bit of news pulling Chinese stocks down t...

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I don't want to own anything in China until October, says Safanad's John Rutledge

John Rutledge, Safanad CIO, and Jonathan Brodsky, Cedar Street Asset Management founder, join 'Power Lunch' to discuss the bull and bear case for investing in China.

Other symbols: BABABIDUBILIJD

Cathay Innovation Launches €1B Global Venture Capital Fund to Support the Transformation of Industries & Society

PARIS--(BUSINESS WIRE)--Cathay Innovation today announced the launch of its third venture capital fund, a €1B global fund investing in startups accelerating the sustainable transformation of industries ...

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Why Alibaba, Bilibili, and Pinduoduo Are Falling Today

The Chinese government made new moves to rein in technology companies.

Other symbols: BABABILI

Does Pinduoduo Inc. Sponsored ADR (PDD) Have the Potential to Rally 26% as Wall Street Analysts Expect?

The mean of analysts' price targets for Pinduoduo Inc. Sponsored ADR (PDD) points to a 26.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreem...

Why Pinduoduo Shares Are Getting Hammered Today

Pinduoduo Inc - ADR (NASDAQ: PDD) shares are trading lower by 11.55% to $53.78 Monday morning. Shares of several Chinese companies at large are trading lower amid a resurgence in COVID cases which has c...

Pinduoduo Inc. Sponsored ADR (PDD) Just Reclaimed the 20-Day Moving Average

When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?

Why Alibaba, Pinduoduo, and Bilibili Surged Double Digits In June

Some Chinese stocks got a reprieve as the government unveiled new stimulus measures.

Other symbols: BABABILI

Can Pinduoduo Inc. Sponsored ADR (PDD) Climb 27% to Reach the Level Wall Street Analysts Expect?

The consensus price target hints at a 27.4% upside potential for Pinduoduo Inc. Sponsored ADR (PDD). While empirical research shows that this sought-after metric is hardly effective, an upward trend in ...

Pinduoduo Inc. Sponsored ADR (PDD) Crossed Above the 200-Day Moving Average: What That Means for Investors

Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?

Chinese Stocks BABA, JD, PDD, NIO, BIDU Gain on Ant Group Revival

Chinese stocks are on the move Friday as investors react to news that Ant Group may finally be able to go public as regulations ease up. The post Chinese Stocks BABA, JD, PDD, NIO, BIDU Gain on Ant Grou...

Other symbols: BABAJDNIOBIDU

Pinduoduo Stock Is Surging Today: What's Going On?

Pinduoduo Inc (NASDAQ: PDD) shares are trading higher Tuesday alongside several Chinese companies in possible anticipation of the country's "618" holiday shopping event. China's annual mid-year "618" sh...

China Stocks Drop In U.S. Ahead Of Fed Action On Inflation; Alibaba, BiliBili Plunge 10%

Electric car maker NIO lost more than 11% of its value

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Three Stock Lunch: Roku, Dutch Bros. and Pinduoduo

Joanna Feeney, Advisors Capital Management partner and portfolio manager, joins 'Power Lunch' to give the portfolio manager's take on three stocks; Roku, Dutch Bros and Pinduoduo.

Other symbols: BROSROKU

Why Are Chinese Stocks BABA, JD, BIDU, PDD, BILI Up Today?

Chinese stocks are on the move Wednesday after the country took further steps to embolden tech companies and investors in the space. The post Why Are Chinese Stocks BABA, JD, BIDU, PDD, BILI Up Today?

Other symbols: BABAJDBIDUBILI

Why Alibaba, JD.com, and Pinduoduo Shares Surged Higher Today

Good news on the regulatory front with regard to other Chinese companies lifted these e-commerce stocks.

Other symbols: BABAJD

BABA, PDD, BIDU, DIDI: Why Are Chinese Stocks Up Today?

Covid-19 restrictions have been lifted in Beijing and tariffs are loosening. Now, Chinese stocks like BABA, PDD and BIDU are rallying.

Other symbols: BABABIDU

Chinese tech ADRs rise as end of Didi probe raises hope of easing crackdowns

U.S.-listed Chinese technology stocks rose on Monday after a report that regulators in China are concluding a probe into ride-hailing giant Didi Global raised expectations of easing crackdowns on the co...

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Pinduoduo: Profitability and Growth Continue

Once again, Pinduoduo is proving its skeptics wrong.

What's Going On With Pinduoduo Shares Today?

Pinduoduo Inc - ADR (NASDAQ: PDD) shares are trading higher by 6.86% at $52.36. Strength is possibly due to hopes of a Shanghai reopening.

Is Pinduoduo Stock a Buy Now?

The Chinese e-commerce company's growth is cooling off.

Alibaba and other Chinese stocks get a boost after Shanghai lifts COVID-19 restrictions and officials unveil stimulus...

Shanghai is offering tax incentives and subsidies to kickstart the local economy after two months of lockdowns to reduce the spread of COVID-19.

Other symbols: BABABIDUJD

China stocks enjoy big, broad rally as Shanghai moves toward lifting COVID-lockdown measures

The U.S.-listed shares of China-based companies traded broadly higher Tuesday, as investors were emboldened by the major steps to be taken to lift COVID-19-lockdown measures in Shanghai.

Other symbols: BABABEKENIOBILIIQJDTME

Pinduoduo is beginning a bullish move and investors could gain 45% in a month

Since the highs of $210 in February 2021, Pinduoduo Inc. (NASDAQ:PDD) has failed to replicate gains. The stock crashed to trade at $23 in March this year.

Why Pinduoduo Stock Popped Today

Better-than-expected first-quarter results sent the stock soaring.