PDD Holdings Inc. (PDD)
NASDAQ: PDD · Real-Time Price · USD
116.49
-1.19 (-1.01%)
At close: Nov 20, 2024, 4:00 PM
113.40
-3.09 (-2.65%)
Pre-market: Nov 21, 2024, 5:50 AM EST
PDD Holdings Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for PDD Holdings stock have an average target of 182.4, with a low estimate of 120 and a high estimate of 272. The average target predicts an increase of 56.58% from the current stock price of 116.49.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 7, 2024.
Analyst Ratings
The average analyst rating for PDD Holdings stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 5 | 5 | 5 | 5 |
| Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Hold | 0 | 0 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Hold → Buy Upgrades $126 → $224 | Hold → Buy | Upgrades | $126 → $224 | +92.29% | Oct 7, 2024 |
| Barclays | Barclays | Buy Maintains $224 → $158 | Buy | Maintains | $224 → $158 | +35.63% | Aug 27, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $230 → $185 | Strong Buy | Maintains | $230 → $185 | +58.81% | Aug 27, 2024 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $194 → $120 | Strong Buy → Hold | Downgrades | $194 → $120 | +3.01% | Aug 27, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $206 → $170 | Strong Buy | Maintains | $206 → $170 | +45.94% | Aug 27, 2024 |
Financial Forecast
Revenue This Year
413.04B
from 247.64B
Increased by 66.79%
Revenue Next Year
528.67B
from 413.04B
Increased by 27.99%
EPS This Year
85.73
from 41.15
Increased by 108.34%
EPS Next Year
102.13
from 85.73
Increased by 19.14%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 531.3B | 693.7B | 1.0T | ||
| Avg | 413.0B | 528.7B | 633.7B | ||
| Low | 379.8B | 431.8B | 465.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 114.5% | 67.9% | 92.4% | ||
| Avg | 66.8% | 28.0% | 19.9% | ||
| Low | 53.4% | 4.5% | -12.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 102.01 | 129.92 | 155.60 | |
| Avg | 85.73 | 102.13 | 123.22 | |
| Low | 73.65 | 81.23 | 87.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 147.9% | 51.5% | 52.3% | |
| Avg | 108.3% | 19.1% | 20.6% | |
| Low | 79.0% | -5.2% | -14.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.