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PDD Holdings (PDD)
NASDAQ:PDD
PDD Holdings (PDD) Stock Price & Analysis
5,316 Followers
PDD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$67.55 - $164.69
Previous Close$132.95
Volume5.00M
Average Volume (3M)9.07M
Market Cap
$176.64B
Enterprise ValueN/A
Total Cash (Recent Filing)¥217.21B
Total Debt (Recent Filing)¥10.17B
Price to Earnings (P/E)17.6
Beta0.42
Next Earnings
Aug 22, 2024EPS Estimate
$2.78Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)7.57
Shares Outstanding1,375,872,787
10 Day Avg. Volume7,296,486
30 Day Avg. Volume9,069,217
Standard Deviation0.20
R-Squared0.03
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)1.06
Price to Sales (P/S)1.52
Price to Cash Flow (P/CF)1.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$218.36Price Target Upside64.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
PDD Holdings News
PremiumMarket News
QQQ ETF Update, 7/2/2024 
PremiumMarket News
QQQ ETF Update, 6/28/2024 
PremiumStock Analysis & Ideas
Does Temu’s Success Make PDD Holdings Stock (NASDAQ:PDD) a Buy?
PremiumMarket News
QQQ ETF Update, 6/26/2024 
PremiumMarket News
QQQ ETF Update, 6/24/2024 
PremiumMarket News
QQQ ETF Update, 6/20/2024 Bulls Say, Bears Say
Bulls Say
Business ModelTemu’s business model shift in the US market with the wide introduction of the semi-entrusted model, thus reducing reliance on air shipments.
EarningsCore earnings jumped 202% y/y, beating consensus on stronger-than-expected revenue and better operating leverage.
Market PositionPDD’s knowhow in social commerce, its ability to attract price-sensitive consumers, as well as its innovative business model that leverages on group buying to offer deep discounts, will enable the platform to make further inroads in overseas markets.
Bears Say
Management DecisionsRecent filings of planned sales by senior management/founding members of PDD could raise concern and weigh on investor sentiment.
Market PerformanceThe share price has been underperforming since the 4Q23 result and it is ~-21% YTD.
Regulatory RisksGeopolitical risks with Temu’s US business, with US Congress potentially passing the TikTok divestment-or-ban bill.
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Ownership Overview
0.00%
Insiders
4.08% Mutual Funds
16.19% Other Institutional Investors
79.74% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by PDD Holdings
Desktop Users
Mobile Users
PDD FAQ
What was PDD Holdings’s price range in the past 12 months?
PDD Holdings lowest stock price was $67.55 and its highest was $164.69 in the past 12 months.
What is PDD Holdings’s market cap?
Currently, no data Available
When is PDD Holdings’s upcoming earnings report date?
PDD Holdings’s upcoming earnings report date is Aug 22, 2024 which is in 51 days.
How were PDD Holdings’s earnings last quarter?
PDD Holdings released its earnings results on May 22, 2024. The company reported $2.851 earnings per share for the quarter, beating the consensus estimate of $1.444 by $1.407.
Is PDD Holdings overvalued?
According to Wall Street analysts PDD Holdings’s price is currently Undervalued.
Does PDD Holdings pay dividends?
PDD Holdings does not currently pay dividends.
What is PDD Holdings’s EPS estimate?
PDD Holdings’s EPS estimate is $2.78.
How many shares outstanding does PDD Holdings have?
PDD Holdings has 1,388,770,600 shares outstanding.
What happened to PDD Holdings’s price movement after its last earnings report?
PDD Holdings reported an EPS of $2.851 in its last earnings report, beating expectations of $1.444. Following the earnings report the stock price went up 1.128%.
Which hedge fund is a major shareholder of PDD Holdings?
Among the largest hedge funds holding PDD Holdings’s share is Appaloosa Management LP. It holds PDD Holdings’s shares valued at 244M.
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PDD Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$218.36 (64.21% Upside)
$218.36 (64.21% Upside)
Blogger Sentiment
Bullish
PDD Sentiment 85%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 2.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
89.36%
12-Months-Change
Fundamentals
Return on Equity
45.72%
Trailing 12-Months
Asset Growth
49.64%
Trailing 12-Months
Company Description
PDD Holdings
Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.
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PDD Earnings Call
Q1 2024
0:00 / 0:00
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PDD Stock 12 Month Forecast
Average Price Target
$218.36
▲(64.21% Upside)
Technical Analysis
Best Analysts Covering PDD
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+90.98%
assigned a buy rating 10 months ago
Copying Elinor Leung's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +90.98% per trade.
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