
PDD Stock Forecast & Price Target
PDD Analyst Ratings
Bulls say
PDD Holdings has demonstrated significant growth, with transaction revenues increasing by 72% year-over-year, and an impressive 234% year-over-year growth attributed mainly to international expansion. The company's online marketing services have consistently outperformed industry averages, achieving a 24% year-over-year growth in the third quarter, with mid-teen growth projections for fiscal year 2025. Furthermore, the company reached a record high non-GAAP operating profit margin of 36% in the second quarter, reflecting effective operational efficiency and a successful shift towards balanced expansion.
Bears say
PDD Holdings experienced a significant stock sell-off following its 3Q24 results, which were moderately below market expectations, leading to concerns over its growth trajectory. Key risks identified include a slowdown in active user growth and Gross Merchandise Volume (GMV), alongside challenges in retaining users and attracting desirable merchants and suppliers. Additionally, the company's revised fiscal revenue estimates for FY24 and FY25 signal potential difficulties in achieving expected growth amidst heightened domestic competition and uncertainties in international markets.
This aggregate rating is based on analysts' research of Pinduoduo Inc - ADR and is not a guaranteed prediction by Public.com or investment advice.
PDD Analyst Forecast & Price Prediction
Start investing in PDD
Order type
Buy in
Order amount
Est. shares
0 shares