Pinduoduo Inc. (PDD)
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...]
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.
News
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Why Alibaba, Bilibili, and Pinduoduo Are Falling Today
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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
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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...
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...
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.
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?
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.
BABA, PDD, BIDU, DIDI: Why Are Chinese Stocks Up Today?
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Chinese tech ADRs rise as end of Didi probe raises hope of easing crackdowns
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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.
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.
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.