Macquarie Downgrades PDD to Neutral, PT $87

Macquarie analyst Ellie Jiang cut their price target on PDD to $87 on May 28, downgrading the rating to Neutral from Outperform.

AnaChart has tracked 16 price-target calls from Ellie on PDD. The stock’s price reached the target in 13 of 16 of those calls.

PDD carries 9 Buy, 4 Hold ratings among the analysts AnaChart tracks. UBS‘s Kenneth Fong holds the high end of the range at $165; Barclays‘s Jiong Shao anchors the low end at $89. PDD last closed at $85.88.

PDD price target chart: Macquarie cuts to $87
Ellie Jiang’s PDD target history against the street high, street low and the stock price. Each dot marks a dated call.

The $87 target is 1% above the stock’s $85.88 close.

FAQ

What is Macquarie’s price target on PDD?

Macquarie’s Ellie Jiang has a $87 target on PDD, rated Neutral, set May 28, 2026.

How often have Ellie Jiang’s PDD price targets been reached?

AnaChart has tracked 16 price-target calls from Ellie Jiang on PDD; the stock reached the target in 13 of them (81%).

What is the analyst view on PDD?

Coverage is split 9 Buy / 4 Hold / 0 Sell, with targets from $89 (Barclays) to $165 (UBS).