PDD Holdings Inc. (PDD)

NASDAQ: PDD · IEX Real-Time Price · USD
+1.85 (1.46%)
At close: Feb 27, 2024, 4:00 PM
+0.61 (0.48%)
After-hours: Feb 27, 2024, 7:59 PM EST
Market Cap 168.04B
Revenue (ttm) 27.31B
Net Income (ttm) 6.35B
Shares Out 1.33B
EPS (ttm) 4.40
PE Ratio 28.49
Forward PE 16.72
Dividend n/a
Ex-Dividend Date n/a
Volume 6,109,326
Open 127.55
Previous Close 126.48
Day's Range 126.20 - 130.79
52-Week Range 59.67 - 152.99
Beta 0.68
Analysts Strong Buy
Price Target 123.83 (-3.51%)
Earnings Date Mar 18, 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 12,992
Stock Exchange NASDAQ
Ticker Symbol PDD
Full Company Profile

Financial Performance

In 2022, PDD Holdings's revenue was 130.56 billion, an increase of 38.97% compared to the previous year's 93.95 billion. Earnings were 31.54 billion, an increase of 305.96%.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for PDD stock is "Strong Buy." The 12-month stock price forecast is $123.83, which is a decrease of -3.51% from the latest price.

Price Target
(-3.51% downside)
Analyst Consensus: Strong Buy
Stock Forecasts


Could Temu Displace Amazon?

The U.S. market is closely watching Chinese company Temu as it aggressively pursues global expansion.

12 days ago - Forbes

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Tiger Global has slashed its positions in four of the five Magnificent Seven tech stocks that account for almost half of its portfolio, while upping its stake in Amazon.com and piling into semiconduct...

12 days ago - Market Watch

Wall Street is surprisingly most bullish on these 3 Nasdaq stocks

NVIDIA is the best example. After soaring 239% last year, the semiconductor leader is up almost 50% year-to-date.

13 days ago - MarketBeat

Here's why Temu dropped $21M on 3 Super Bowl ads, offered $15M in promos

Chinese-owned e-commerce giant Temu dropped tens of millions of dollars on three Super Bowl commercials and offered $15 million in giveaways in hopes of getting a major leg up with US shoppers.

14 days ago - New York Post

PDD Holdings stock: will Temu be the next Wish (ContextLogic)?

PDD Holdings (NASDAQ: PDD) stock price has moved into a correction zone as concerns about Temu's growth rise. The shares have slipped by more than 14% from their highest point this year.

14 days ago - Invezz

Temu dropped tens of millions of dollars on its flurry of Super Bowl ads — and its big spending may pay off

Temu's Super Bowl ads sparked a surge in online searches despite recent downturn among users.  The e-commerce company splurged on three spots during Sunday's big game.

15 days ago - Business Insider

Temu's Super Bowl ads spark backlash over China-based firm's forced labor allegations

E-commerce platform Temu's Super Bowl ads drew the ire of lawmakers who called out the retailer's data protections and lack of safeguards to keep forced labor out of supply chains.

15 days ago - Fox Business

Temu's Super Bowl Ad Was Inescapable. What to Know About Its Parent Company—and Why It Is Spending So Much.

If you tuned into the Super Bowl on Sunday, you might have found it almost impossible to escape Temu's ads.

15 days ago - Barrons

PDD Holdings Stock Gets a Bump from Temu's Super Bowl Commercials

The Kansas City Chief may have been the big winners at Sunday's Super Bowl, but Chinese e-commerce company Temu apparently scored as well.

15 days ago - Investopedia

Temu sees fewer new users post Super Bowl compared to last year

CNBC's Courtney Reagan joins 'Power Lunch' to report on whether Super Bowl ads are still turning strong consumer interest for companies.

15 days ago - CNBC Television

What Temu's Billionaire Super Bowl Ad Says About Alibaba, Amazon, and PDD Stock

The budget-friendly online retailer has made inroads against U.S. and Chinese rivals alike.

Other symbols: AMZNBABA
15 days ago - Barrons

Temu returns to Super Bowl ad slate as lawmaker ire swells

Temu, the controversial Chinese retailer, skyrocketed to prominence last year after it ran a Super Bowl ad that invited customers to shop "like a billionaire."

18 days ago - CNBC

China e-commerce player Temu is about to run its second Super Bowl ad — and do $10 million in giveaways

It's rare for a Chinese firm to buy a Super Bowl ad spot, which costs millions of dollars, but Temu already ran its first Super Bowl commercial last year.

18 days ago - CNBC

Alibaba and Other China Stocks Surge. Beware of a Dead Cat Bounce.

Chinese stocks have bounced higher amid a flurry of signals of government support. It may not last.

Other symbols: BABAJDNIO
21 days ago - Barrons

Chinese stocks struggle as government tries to stabilize markets

China's stocks have endured serious declines, with the median stock down over 20% amid government missteps in stabilizing markets. Beijing has been pursuing a piecemeal strategy to inject stimulus int...

22 days ago - Yahoo Finance

Top 5 Consumer Stocks That Could Blast Off In Q1

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

22 days ago - Benzinga

Chinese stocks could benefit if U.S. tech cracks: Mizuho Americas

Farzin Azarm of Mizuho Americas says money has been sticking with U.S. tech and artificial intelligence related stocks given their continuous climb; but when these trades unwind, cheaper valuation com...

25 days ago - CNBC International TV

Alibaba and Other Chinese Stocks Slump as Stimulus Rally Loses Steam

Investors had seized on reports that a government stimulus effort is on the way, but the gains began to fade on Friday.

Other symbols: BABAJD
4 weeks ago - Barrons

Temu is planning to open up its marketplace to U.S. and European sellers

Temu, the online retailer owned by the parent of Chinese e-commerce company Pinduoduo, is opening its platform to U.S. and European sellers.

4 weeks ago - TechXplore

Temu's Most Loyal Shoppers Are Boomers and Gen Xers

Temu is attracting hordes of Boomer and Generation X shoppers, belying the Chinese e-commerce app's reputation as a destination for younger consumers, according to Chicago research firm Attain. Attain...

5 weeks ago - Bloomberg Technology

Temu Gains Following Among Older eCommerce Shoppers

Temu has reportedly defied expectations by attracting a significant number of baby boomers and Generation X shoppers in the United States.  Contrary to its reputation as a platform for younger consume...

5 weeks ago - PYMNTS

Alibaba, PDD, and JD.com Stocks Drop. China Economic Data Disappoint.

Major Chinese companies were falling on Wednesday. Latest economic figures from Beijing were a disappointment and the outlook this year doesn't look much better.

Other symbols: BABAJD
5 weeks ago - Barrons

Bullish chart pattern suggests upside potential for PDD

Shares of PDD Holdings NASDAQ: PDD, a global, multinational commerce group formerly Pinduoduo Inc., have sharply risen over the previous six months, up over 100%.

7 weeks ago - MarketBeat

There's a new buy signal flashing for these stocks, Dalio effect?

In every market, there are markers and yardsticks - or benchmarks as they like to call them - that attract investment dollars in and out of specific vehicles and asset classes. Focusing on stocks toda...

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7 weeks ago - MarketBeat

PDD stock: Temu growth and lessons from Wish.com

PDD Holdings (NASDAQ: PDD) stock price surged in 2023, helped by the growing popularity of Temu, the fast-growing e-commerce company. The shares jumped to $150, its highest level since March 2021.

7 weeks ago - Invezz