PDD Holdings Inc. (PDD)
NASDAQ: PDD · IEX Real-Time Price · USD
133.88
+0.90 (0.68%)
At close: Jul 2, 2024, 4:00 PM
133.72
-0.16 (-0.12%)
After-hours: Jul 2, 2024, 7:59 PM EDT
PDD Holdings Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for PDD Holdings stock have an average target of 211.11, with a low estimate of 161 and a high estimate of 272. The average target predicts an increase of 57.69% from the current stock price of 133.88.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 24, 2024.
Analyst Ratings
The average analyst rating for PDD Holdings stock from 9 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 5 | 5 | 6 | 6 |
| Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $178 → $224 | Buy | Maintains | $178 → $224 | +67.31% | May 24, 2024 |
| Goldman Sachs | Goldman Sachs | Hold → Strong Buy Upgrades $145 → $184 | Hold → Strong Buy | Upgrades | $145 → $184 | +37.44% | May 24, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $185 → $198 | Strong Buy | Maintains | $185 → $198 | +47.89% | May 23, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $220 → $230 | Strong Buy | Maintains | $220 → $230 | +71.80% | May 23, 2024 |
| Bernstein | Bernstein | Buy Maintains $180 → $235 | Buy | Maintains | $180 → $235 | +75.53% | May 23, 2024 |
Financial Forecast
Revenue This Year
422.46B
from 247.64B
Increased by 70.60%
Revenue Next Year
556.02B
from 422.46B
Increased by 31.61%
EPS This Year
88.31
from 41.16
Increased by 114.56%
EPS Next Year
114.50
from 88.31
Increased by 29.65%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 498.3B | 686.8B | 891.9B | 720.3B | 804.4B |
| Avg | 422.5B | 556.0B | 670.9B | 656.2B | 770.8B |
| Low | 360.4B | 467.0B | 527.6B | 568.3B | 744.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 101.2% | 62.6% | 60.4% | 7.4% | 22.6% |
| Avg | 70.6% | 31.6% | 20.7% | -2.2% | 17.5% |
| Low | 45.5% | 10.6% | -5.1% | -15.3% | 13.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 134.81 | 179.22 | 227.56 | 155.97 |
| Avg | 88.31 | 114.50 | 139.83 | 135.81 |
| Low | 66.11 | 80.62 | 94.83 | 117.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 227.5% | 102.9% | 98.7% | 11.5% |
| Avg | 114.6% | 29.6% | 22.1% | -2.9% |
| Low | 60.6% | -8.7% | -17.2% | -15.6% |
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.