PDD Holdings Inc. (PDD)
NASDAQ: PDD · Real-Time Price · USD
99.51
-1.49 (-1.48%)
At close: Dec 20, 2024, 4:00 PM
99.68
+0.17 (0.17%)
After-hours: Dec 20, 2024, 7:57 PM 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 173.4, with a low estimate of 105 and a high estimate of 272. The average target predicts an increase of 74.25% from the current stock price of 99.51.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 22, 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Buy | 3 | 3 | 3 | 4 | 3 | 3 |
| Hold | 0 | 2 | 2 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy → Hold Downgrades $170 → $105 | Buy → Hold | Downgrades | $170 → $105 | +5.52% | Nov 22, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $185 → $160 | Strong Buy | Maintains | $185 → $160 | +60.79% | Nov 22, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $181 → $171 | Strong Buy | Maintains | $181 → $171 | +71.84% | Nov 21, 2024 |
| Macquarie | Macquarie | Hold → Buy Upgrades $126 → $224 | Hold → Buy | Upgrades | $126 → $224 | +125.10% | Oct 7, 2024 |
| Barclays | Barclays | Buy Maintains $224 → $158 | Buy | Maintains | $224 → $158 | +58.78% | Aug 27, 2024 |
Financial Forecast
Revenue This Year
402.13B
from 247.64B
Increased by 62.39%
Revenue Next Year
502.56B
from 402.13B
Increased by 24.98%
EPS This Year
82.94
from 41.15
Increased by 101.58%
EPS Next Year
94.46
from 82.94
Increased by 13.89%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 445.3B | 640.0B | 941.1B | |||
| Avg | 402.1B | 502.6B | 606.1B | |||
| Low | 379.9B | 448.0B | 505.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 79.8% | 59.1% | 87.3% | |||
| Avg | 62.4% | 25.0% | 20.6% | |||
| Low | 53.4% | 11.4% | 0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 88.52 | 111.98 | 141.52 | |
| Avg | 82.94 | 94.46 | 115.69 | |
| Low | 77.99 | 80.83 | 92.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 115.1% | 35.0% | 49.8% | |
| Avg | 101.6% | 13.9% | 22.5% | |
| Low | 89.5% | -2.5% | -1.9% |
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.