PDD Holdings Inc.

Equities

PDD

US7223041028

Internet Services

Market Closed - Nasdaq 04:00:00 2024-03-28 pm EDT After market 07:52:04 pm
116.2 USD -0.35% Intraday chart for PDD Holdings Inc. 116.1 -0.11%

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With Cainiao buyback, Alibaba takes aim at rivals' overseas advance RE
Chinese TikTok sellers complain of under-fire platform tightening US rule enforcement RE
Citigroup Raises PDD Holdings' Price Target to $185 From $170, Keeps Buy Rating MT
Goldman Sachs Adjusts Price Target on PDD to $143 From $136, Maintains Neutral Rating MT
JPMorgan Adjusts Price Target on PDD to $190 From $195, Maintains Overweight Rating MT
Benchmark Raises Price Target on PDD Holdings to $220 From $215, Maintains Buy Rating MT
Jefferies Adjusts PDD Holdings' Price Target to $161 From $157, Maintains Buy Rating MT
Barclays Adjusts PDD Holdings' Price Target to $178 From $164, Keeps Overweight Rating MT
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Top Stories at Midday: Mortgage Applications Fall; Equinix Shares Down on Short-Seller Report; Boeing Predicts Q1 Cash Outflow; Intel Awarded $8.5 Billion in CHIPS Act Grants; PDD Q4 Earnings, Revenue Soar; Reddit Expects IPO Price at or Above Marketed Range; Alphabet Fined $271 Million by French Regulator MT
Temu Parent PDD More Than Doubles Fourth-Quarter Revenue, Earnings as Demand Improves MT
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Sector Update: Tech Stocks Mixed Premarket Wednesday MT
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Top Premarket Gainers MT
Fed Outlook Mutes Wall Street Pre-Bell; Asia Mixed, Europe Off MT
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Transcript : PDD Holdings Inc., Q4 2023 Earnings Call, Mar 20, 2024
PDD Holdings' Q4 Non-GAAP Earnings, Revenue Rise; Shares Up Pre-Bell MT
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PDD Holdings Inc. (formerly Pinduoduo Inc.) specializes in the operation of a mobile e-commerce platform in China. The group offers mainly apparel, footwear, accessories, childcare products, fresh agricultural products, foods, consumer electronics, furniture, household goods, cosmetics, personal care items, sports and fitness items and automotive accessories. Net sales break down by type of revenue as follows: - revenues from online marketing services (78.7%); - revenues from transaction fees (21.1%); - revenues from merchandise sales (0.2%). At the end of 2022, the group had 13 million active merchants.
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
43
Last Close Price
840.1 CNY
Average target price
1,301 CNY
Spread / Average Target
+54.90%
Consensus