PDD Stock - PDD Holdings Inc.
Unlock GoAI Insights for PDD
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $393.84B | $247.64B | $130.56B | $93.95B | $59.49B |
| Gross Profit | $239.94B | $155.92B | $99.10B | $62.23B | $40.21B |
| Gross Margin | 60.9% | 63.0% | 75.9% | 66.2% | 67.6% |
| Operating Income | $108.42B | $58.70B | $30.40B | $6.90B | $-9,380,325,000 |
| Net Income | $112.43B | $60.03B | $31.54B | $7.77B | $-7,179,742,000 |
| Net Margin | 28.5% | 24.2% | 24.2% | 8.3% | -12.1% |
| EPS | $81.24 | $44.32 | $24.96 | $6.20 | $-6.04 |
PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. The company was incorporated in 2015 and is based in Dublin, Ireland.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 9th 2025 | Arete | Downgrade | Neutral | $130 |
| November 18th 2025 | Bernstein | Downgrade | Market Perform | - |
| August 26th 2025 | New Street | Downgrade | Neutral | $120 |
| May 28th 2025 | Deutsche Bank | Downgrade | Hold | $112 |
| May 28th 2025 | China Renaissance | Downgrade | Hold | $107 |
| March 21st 2025 | Nomura | Downgrade | Neutral | $130← $137 |
| November 22nd 2024 | JP Morgan | Downgrade | Neutral | - |
| October 7th 2024 | Macquarie | Upgrade | Outperform | $224← $126 |
| August 27th 2024 | Citigroup | Downgrade | Neutral | $120← $194 |
| August 26th 2024 | Macquarie | Downgrade | Neutral | - |
| August 26th 2024 | Jefferies | Reiterated | Buy | $151← $193 |
| May 24th 2024 | Goldman | Upgrade | Buy | $184← $145 |
| March 11th 2024 | Goldman | Downgrade | Neutral | $136 |
| March 11th 2024 | Jefferies | Upgrade | Buy | $157← $117 |
| November 1st 2023 | UBS | Resumed | Buy | $137← $115 |
Earnings History & Surprises
PDDEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 25, 2026 | — | — | — | — |
Q1 2026 | Mar 19, 2026 | $2.88 | — | — | — |
Q4 2025 | Nov 18, 2025 | $2.21 | $2.96 | +33.9% | ✓ BEAT |
Q3 2025 | Aug 25, 2025 | $1.91 | $3.08 | +61.3% | ✓ BEAT |
Q2 2025 | May 27, 2025 | $2.49 | $1.56 | -37.3% | ✗ MISS |
Q1 2025 | Mar 20, 2025 | $2.56 | $2.76 | +7.8% | ✓ BEAT |
Q4 2024 | Nov 21, 2024 | $2.76 | $2.65 | -4.1% | ✗ MISS |
Q3 2024 | Aug 26, 2024 | $2.89 | $3.20 | +10.7% | ✓ BEAT |
Q2 2024 | May 22, 2024 | $1.60 | $2.83 | +76.9% | ✓ BEAT |
Q1 2024 | Mar 20, 2024 | $1.59 | $2.40 | +50.9% | ✓ BEAT |
Q4 2023 | Nov 28, 2023 | $1.23 | $1.55 | +26.0% | ✓ BEAT |
Q3 2023 | Aug 29, 2023 | $1.12 | $1.44 | +28.6% | ✓ BEAT |
Q2 2023 | May 26, 2023 | $0.67 | $1.01 | +50.7% | ✓ BEAT |
Q1 2023 | Mar 20, 2023 | $1.20 | $1.21 | +0.8% | ✓ BEAT |
Q4 2022 | Nov 28, 2022 | $0.73 | $1.21 | +65.8% | ✓ BEAT |
Q3 2022 | Aug 29, 2022 | $0.38 | $1.13 | +197.4% | ✓ BEAT |
Q2 2022 | May 27, 2022 | $0.27 | $0.47 | +74.1% | ✓ BEAT |
Q1 2022 | Mar 21, 2022 | $0.20 | $0.92 | +360.0% | ✓ BEAT |
Q4 2021 | Nov 26, 2021 | $0.02 | $0.34 | +1365.5% | ✓ BEAT |
Q3 2021 | Aug 24, 2021 | $-0.15 | $0.44 | +393.3% | ✓ BEAT |
Latest News
PDD Holdings shares are trading higher after the company announced the appointment of its Co-CEO Jiazhen Zhao as its Co-Chairman of the Board.
📈 PositivePDD Appoints Co-CEO Jiazhen Zhao as Co-Chairman Of Board
➖ Neutral'Brussels Raids Temu In Foreign Subsidy Investigation' - Financial Times
📉 NegativeCTT, Temu Strengthen Partnership For Logistics In Iberia And Support European Sellers
📈 Positive'U.S. Senator Cotton Calls For Doj, Homeland Security To Investigate Temu And Shein For Alleged Counterfeiting' - Reuters Exclusive
📉 NegativeB of A Securities Maintains Neutral on PDD Holdings, Lowers Price Target to $140
➖ NeutralPDD Holdings shares are trading lower. The company reported Q3 financial results.
📉 NegativePDD Holdings Q3 Adj. EPS $2.96 Beats $1.99 Estimate, Sales $15.210B Inline
📈 PositiveShares of US-listed Chinese stocks are trading lower following President Trump's meeting with China's President Xi.
📉 NegativeShares of Chinese stocks are trading higher amid optimism over US-China meetings.
📈 PositiveShares of US-listed Chinese stocks are trading lower as new port fees between the two countries take effect.
📉 NegativeShares of US-listed Chinese companies are trading higher after President trump said "Don't worry about China, it will all be fine!" on social media, which could ease trade concerns.
📈 PositiveShares of US-linked Chinese stocks are trading lower after President Trump suggested an increase in tariffs on Chinese products coming into the US.
📉 Negative'Temu Faces German Probe Into Influence On Sellers' Prices' - Investing
📉 NegativeShares of US-linked Chinese stocks are trading lower amid a possible selloff. The stock experienced a rally in reaction to China's Golden Week holiday, but the country also reported soft travel data.
📉 NegativeShares of US-listed Chinese stocks are trading higher in a possible reaction to China's Golden Week holiday. The Chinese government expects a year-over-year increase in visitors, which in turn may support industrial growth in several sectors due to an increase in consumer activity.
📈 PositiveBenzinga Market Summary: S&P Pulls Back As Investors Assess Fed Commentary And Recent Highs, Gold Slips As Dollar Gains, Chinese Stocks Rise As Alibaba Reportedly Plans to Expand AI Infrastructure
➖ NeutralPDD shares are trading higher as Chinese tech stocks rise amid AI sentiment.
📈 PositiveShares of US-listed Chinese stocks are trading higher ahead of President Trump's meeting with President Xi on Friday. President Trump has hinted that Friday's meeting may include a deal regarding TikTok.
📈 PositiveU.S. FTC Says Online Marketplace Temu To Pay $2M Penalty For Alleged Inform Act Violations
📉 NegativeFrequently Asked Questions about PDD
What is PDD's current stock price?
What is the analyst price target for PDD?
What sector is PDD Holdings Inc. in?
What is PDD's market cap?
Does PDD pay dividends?
Similar Stocks
Consumer Cyclical SectorExplore stocks similar to PDD for comparison