tm
Seeing Is Believing
tm
Seeing Is Believing
PDD is currently covered by 15 analysts with an average price target of $134.85. This is a potential upside of $36.22 (36.72%) from yesterday's end of day stock price of $98.63.
Pinduoduo's activity chart (see below) currently has 164 price targets and 154 ratings on display. The stock rating distribution of PDD is 87.69% BUY and 12.31% HOLD.
Analysts average stock forecasts to be materialized ratio is 83.76% with an average time for these price targets to be met of 160.16 days.
Highest price target for PDD is $272, Lowest price target is $120, average price target is $134.85.
Most recent stock forecast was given by ELLIE JIANG from MACQUARIE on 07-Oct-2024. First documented stock forecast 13-Sep-2018.
PDD Holdings is a Chinese e-commerce platform that specializes in social commerce. The company was founded in 2015 by Colin Huang, who also founded the online marketplace, Ouku.com. PDD stands for Pin Duo Duo, which translates to “more savings, more fun” in English.
PDD Holdings generates revenue by selling a wide range of products, including electronics, clothing, cosmetics, and household items, directly to consumers through its online platform. The company operates on a group buying model, where users can form teams with their friends and family to purchase products at a discounted price. PDD Holdings also generates revenue through advertising and marketing services, which help brands promote their products on its platform.
The company was formerly known as Pinduoduo and changed its name to PDD Holdings in February 2023.
PDD Holdings was incorporated in 2015 and is based in Dublin, Ireland.
Currently out of the existing stock ratings of PDD, 57 are a BUY (87.69%), 8 are a HOLD (12.31%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Hold
$224
$110 (96.49%)
1 months 15 days ago
(07-Oct-2024)
5/6 (83.33%)
$70.91 (46.32%)
219
Buy
$120
$6 (5.26%)
$198
2 months 26 days ago
(27-Aug-2024)
14/18 (77.78%)
$24.09 (25.12%)
204
Buy
$170
$56 (49.12%)
$235
2 months 26 days ago
(27-Aug-2024)
2/6 (33.33%)
$74.09 (77.25%)
123
Buy
$185
$71 (62.28%)
$230
2 months 26 days ago
(27-Aug-2024)
10/14 (71.43%)
$89.09 (92.89%)
265
Buy
$158
$44 (38.60%)
$224
2 months 26 days ago
(27-Aug-2024)
9/11 (81.82%)
$62.09 (64.74%)
108
What is PDD (Pinduoduo) average time for price targets to be met?
Which analyst has the current highest performing score on PDD (Pinduoduo) with a proven track record?
Which analyst has the most public recommendations on PDD (Pinduoduo)?
Which analyst is the currently most bullish on PDD (Pinduoduo)?
Which analyst is the currently most reserved on PDD (Pinduoduo)?
