PDD - Pinduoduo - Stock Forecast

Consumer Cyclical - Sector
Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

PDD is currently covered by 18 analysts with an average price target of $182.34. This is a potential upside of $33.36 (22.39%) from yesterday's end of day stock price of $148.98.

Pinduoduo's activity chart (see below) currently has 150 price targets and 158 ratings on display. The stock rating distribution of PDD is 20% HOLD and 80% BUY.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 84.4% with an average time for these price targets to be met of 160.72 days.

Highest price target for PDD is $272, Lowest price target is $115, average price target is $182.34.

Most recent stock forecast was given by RONALD KEUNG from GOLDMAN SACHS on 24-May-2024. First documented stock forecast 13-Sep-2018.

Overview

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.

Revenue

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.

History

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, 14 are a HOLD (20%), 56 are a BUY (80%).

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

184

$35.02 (23.51%)

136

22 days ago

6/8 (75%)

$26.43 (16.77%)

180

Buy

224

$75.02 (50.36%)

115

22 days ago

9/10 (90%)

$66.43 (42.16%)

108

Hold

184

$35.02 (23.51%)

95

22 days ago

5/6 (83.33%)

$26.43 (16.77%)

138

Buy

198

$49.02 (32.90%)

125

23 days ago

13/17 (76.47%)

$44.37 (28.88%)

217

Buy

235

$86.02 (57.74%)

170

23 days ago

2/5 (40%)

$81.37 (52.96%)

123

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What is PDD (Pinduoduo) average time for price targets to be met?

On average it took 160.72 days on average for the stock forecasts to be realized with a an average price target met ratio 84.4

Which analyst has the current highest performing score on PDD (Pinduoduo) with a proven track record?

HAN JOON KIM

Which analyst has the most public recommendations on PDD (Pinduoduo)?

Han Joon Kim works at CREDIT SUISSE and has 15 price targets and 8 ratings on PDD

Which analyst is the currently most bullish on PDD (Pinduoduo)?

Kenneth Fong with highest potential upside - $123.02

Which analyst is the currently most reserved on PDD (Pinduoduo)?

Eddie Leung with lowest potential downside - -$78.98

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