PDD - Pinduoduo - Stock Forecast

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

PDD is currently covered by 16 analysts with an average price target of $143.76. This is a potential upside of $18.75 (15%) from yesterday's end of day stock price of $125.01.

Pinduoduo's activity chart (see below) currently has 112 price targets and 117 ratings on display. The stock rating distribution of PDD is 85.19% BUY, 11.11% HOLD and 3.7% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 90.93% with an average time for these price targets to be met of 152.58 days.

Highest price target for PDD is $215, Lowest price target is $77, average price target is $143.76.

Most recent stock forecast was given by FAWNE JIANG from BENCHMARK on 02-Jan-2024. First documented stock forecast 21-Nov-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, 46 are a BUY (85.19%), 6 are a HOLD (11.11%), 2 are a SELL (3.7%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

215

$86.67 (67.54%)

190

1 months 26 days ago

8/12 (66.67%)

$69.39 (47.65%)

135

Buy

155

$26.67 (20.78%)

129

3 months 21 days ago

4/5 (80%)

$45.63 (41.72%)

137

Buy

120

$-8.33 (-6.49%)

105

5 months 29 days ago

2/3 (66.67%)

$21.86 (22.27%)

123

Buy

120

$-8.33 (-6.49%)

110

5 months 29 days ago

6/8 (75%)

$21.86 (22.27%)

281

Buy

97

$-31.33 (-24.41%)

97

5 months 29 days ago

9/9 (100%)

$-1.14 (-1.16%)

250

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

On average it took 152.58 days on average for the stock forecasts to be realized with a an average price target met ratio 90.93

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

EDDIE LEUNG

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

Eddie Leung works at BAML and has 12 price targets and 7 ratings on PDD

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

Bo Pei with highest potential upside - $95.32

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

Binnie Wong with lowest potential downside - -$52.33

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