Profile
Sector:
Consumer CyclicalIndustry:
Internet RetailCountry:
IrelandIPO:
26 July 2018Website:
http://www.pddholdings.comNext earnings report:
29 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | 4 min agoDividend
Analysts recommendations
Institutional Ownership
PDD Latest News
Amazon (AMZN) appears set to take aim at Chinese e-commerce giants like Shein and PDD Holdings' (PDD) Temu, with reports this week indicating that the dominant force in U.S. online retail has begun pitching Chinese suppliers on a new section of its website that would sell low-cost clothes and home goods to U.S. consumers directly from China.
The heavy selling pressure might have exhausted for PDD Holdings Inc. Sponsored ADR (PDD) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
PDD Holdings Inc. showcases explosive business growth of over 100% annually, with a very undemanding valuation of just 12x expected net profits. PDD Holdings, an underfollowed e-commerce giant, has seen massive revenue growth, especially with the success of its Temu shopping app. Despite strong growth and attractive earnings, PDD Holdings faces regulatory risks due to its China ties and potential Western regulatory challenges.
PDD Holdings (PDD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
PDD Holdings Inc. Sponsored ADR (PDD) possesses solid growth attributes, which could help it handily outperform the market.
Recently, Zacks.com users have been paying close attention to PDD Holdings Inc. Sponsored ADR (PDD). This makes it worthwhile to examine what the stock has in store.
PDD Holdings shows strong momentum and fast-growing operations with a relatively low multiple due to geopolitical risks. The business generates compounding power through network effects, leading to fast growth and economies of scale. PDD has significant cash reserves that offer upside optionality for growth, but investors should be aware of the inherent risks of Chinese tech stocks.
PDD Holdings Inc. Sponsored ADR (PDD) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PDD broke through the 20-day moving average, which suggests a short-term bullish trend.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
What type of business is Pinduoduo?
Pinduoduo Inc. operates an e-commerce platform in the People's Republic of China through its subsidiaries. It manages Pinduoduo, a mobile platform that offers a wide range of products, including clothing, shoes, bags, mother and baby care products, food and beverages, fresh produce, electronics, furniture and household goods, cosmetics and other personal hygiene items, sports and fitness products, as well as car accessories. The company was previously known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. It was founded in 2015 and is headquartered in Shanghai, People's Republic of China.
What sector is Pinduoduo in?
Pinduoduo is in the Consumer Cyclical sector
What industry is Pinduoduo in?
Pinduoduo is in the Internet Retail industry
What country is Pinduoduo from?
Pinduoduo is headquartered in Ireland
When did Pinduoduo go public?
Pinduoduo initial public offering (IPO) was on 26 July 2018
What is Pinduoduo website?
https://www.pddholdings.com
Is Pinduoduo in the S&P 500?
No, Pinduoduo is not included in the S&P 500 index
Is Pinduoduo in the NASDAQ 100?
Yes, Pinduoduo is included in the NASDAQ 100 index
Is Pinduoduo in the Dow Jones?
No, Pinduoduo is not included in the Dow Jones index
When does Pinduoduo report earnings?
The next expected earnings date for Pinduoduo is 29 August 2024