PDD Holdings Inc. (PDD)

PDD Holdings Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for PDD Holdings stock have an average target of 155.08, with a low estimate of 105 and a high estimate of 272. The average target predicts an increase of 65.61% from the current stock price of 93.64.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$105	$155.08	$158	$272
Change	+12.13%	+65.61%	+68.73%	+190.47%

Analyst Ratings

The average analyst rating for PDD Holdings stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	5	5	5	5	5	5
Buy	3	3	3	3	2	2
Hold	2	2	2	2	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	10	10	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ellie Jiang JP Morgan	JP Morgan	Hold Maintains $105 → $125	Hold	Maintains	$105 → $125	+33.49%	Mar 21, 2025
Fawne Jiang Benchmark	Benchmark	Strong Buy Reiterates $160	Strong Buy	Reiterates	$160	+70.87%	Mar 21, 2025
Jialong Shi Nomura	Nomura	Strong Buy → Hold Downgrades $137 → $130	Strong Buy → Hold	Downgrades	$137 → $130	+38.83%	Mar 20, 2025
Thomas Chong Jefferies	Jefferies	Strong Buy Maintains $171 → $156	Strong Buy	Maintains	$171 → $156	+66.60%	Mar 20, 2025
Bo Pei US Tiger Securities, Inc	US Tiger Securities, Inc	Strong Buy → Hold Downgrades $130	Strong Buy → Hold	Downgrades	$130	+38.83%	Mar 20, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

478.89B

Increased by 21.60%

from 393.84B

Revenue Next Year

569.53B

Increased by 18.93%

from 478.89B

EPS This Year

90.92

Increased by 19.63%

from 76.00

EPS Next Year

109.34

Increased by 20.26%

from 90.92

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	59.49B	93.95B	130.56B	247.64B	393.84B	478.89B	569.53B	650.54B
Revenue Growth	97.37%	57.92%	38.97%	89.68%	59.04%	21.60%	18.93%	14.22%
EPS	-6.04	5.44	21.93	41.15	76.00	90.92	109.34	127.48
EPS Growth	-	-	303.17%	87.61%	84.70%	19.63%	20.26%	16.59%
Forward PE	-	-	-	-	-	7.51	6.25	5.36
No. Analysts	-	-	-	-	-	41	34	22

Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	533.1B	736.9B	1.0T
Avg	478.9B	569.5B	650.5B
Low	437.5B	479.3B	525.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	35.4%	53.9%	77.2%
Avg	21.6%	18.9%	14.2%
Low	11.1%	0.1%	-7.8%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	111.98	128.42	158.34
Avg	90.92	109.34	127.48
Low	70.71	89.50	103.30

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	47.3%	41.2%	44.8%
Avg	19.6%	20.3%	16.6%
Low	-7.0%	-1.6%	-5.5%

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.