Profile
Sector:
Consumer CyclicalIndustry:
Internet RetailCountry:
IrelandIPO:
26 July 2018Website:
http://www.pddholdings.comNext earnings report:
28 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 31 Oct 2024 23:56:16 GMTDividend
Analysts recommendations
Institutional Ownership
PDD Latest News
PDD Holdings' growing attraction for brands like H&M and the potential onboarding of Sam's Club enhances its platform stickiness and drives higher GMV share growth. We raise PDD's valuation to $230/share, projecting a 14% CAGR for PDD China's GMV growth from 2024 to 2027, driven by active buyer and GMV per buyer growth. H&M's entry highlights PDD's role in reaching China's middle and low-income consumers amid the economic slowdown, shifting preference from Alibaba and JD to PDD.
Chinese stocks continue to see whipsaw volatility.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
The latest trading day saw PDD Holdings Inc. Sponsored ADR (PDD) settling at $127.43, representing a -0.61% change from its previous close.
PDD Holdings is undervalued, with a target price of $200/share, implying a 30% upside from current levels. PDD's domestic market strength, undervaluation of Temu, and underestimated global expansion potential are key drivers for the bullish outlook. Geopolitical risks surrounding Temu are overestimated, and new geographic expansions could offset these concerns.
Chinese stocks pulled back again after disappointing trade data led to fears that recent stimulus announcements won't be enough.
NEW YORK, NY / ACCESSWIRE / October 15, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against PDD Holdings, Inc. ("PDD" or the "Company") (NASDAQ:PDD). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.
NEW YORK, NY / ACCESSWIRE / October 15, 2024 / If you suffered a loss on your PDD Holdings Inc. f/k/a Pinduoduo Inc. (NASDAQ:PDD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/pdd-holdings-inc-f-k-a-pinduoduo-inc-lawsuit-submission-form?prid=108529&wire=1 or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / October 15, 2024 / If you suffered a loss on your PDD Holdings Inc. f/k/a Pinduoduo Inc. (NASDAQ:PDD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/pdd-holdings-inc-f-k-a-pinduoduo-inc-lawsuit-submission-form?prid=108508&wire=1 or contact Joseph E. Levi, Esq.
LOS ANGELES, Oct. 15, 2024 (GLOBE NEWSWIRE) -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against PDD Holdings Inc. f/k/a Pinduoduo Inc. (“PDD” or “the Company”) (NASDAQ: PDD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 30, 2021 and June 25, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before October 15, 2024.
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 was Pinduoduo the previous earnings report?
No data
When does Pinduoduo earnings report?
The next expected earnings date for Pinduoduo is 28 November 2024