PDD Holdings Inc. (PDD)
NASDAQ: PDD · IEX Real-Time Price · USD
113.70
+0.27 (0.24%)
At close: Apr 18, 2024, 4:00 PM
114.18
+0.48 (0.42%)
After-hours: Apr 18, 2024, 6:04 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 159.89, with a low estimate of 112 and a high estimate of 220. The average target predicts an increase of 40.62% from the current stock price of 113.70.
Analyst Consensus: Strong Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 5 | 5 |
| Buy | 5 | 5 | 4 | 4 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 12 | 12 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $195 → $190 | Buy | Maintains | $195 → $190 | +67.11% | Mar 21, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $170 → $185 | Strong Buy | Maintains | $170 → $185 | +62.71% | Mar 21, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $215 → $220 | Strong Buy | Maintains | $215 → $220 | +93.49% | Mar 21, 2024 |
| Barclays | Barclays | Buy Maintains $164 → $178 | Buy | Maintains | $164 → $178 | +56.55% | Mar 21, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $157 → $161 | Strong Buy | Maintains | $157 → $161 | +41.60% | Mar 21, 2024 |
Financial Forecast
Revenue This Year
380.06B
from 247.64B
Increased by 53.47%
Revenue Next Year
493.17B
from 380.06B
Increased by 29.76%
EPS This Year
63.88
from 41.16
Increased by 55.19%
EPS Next Year
85.08
from 63.88
Increased by 33.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 474.0B | 659.7B | 861.4B | 648.7B | 749.6B |
| Avg | 380.1B | 493.2B | 596.5B | 624.0B | 721.0B |
| Low | 309.5B | 396.7B | 455.3B | 605.5B | 699.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 91.4% | 73.6% | 74.7% | 8.7% | 20.1% |
| Avg | 53.5% | 29.8% | 21.0% | 4.6% | 15.6% |
| Low | 25.0% | 4.4% | -7.7% | 1.5% | 12.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 88.36 | 115.00 | 143.08 |
| Avg | 63.88 | 85.08 | 104.08 |
| Low | 47.90 | 65.96 | 76.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 114.7% | 80.0% | 68.2% |
| Avg | 55.2% | 33.2% | 22.3% |
| Low | 16.4% | 3.3% | -9.6% |
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.