PDD

PDD Holdings Inc.NasdaqGS:PDD Stock Report

Market Cap US$156.2b
Share Price
US$110.06
My Fair Value
AN
AnalystConsensusTarget
US$125
11.7% undervalued intrinsic discount
1Y-12.8%
7D-5.7%
Portfolio Value
View

PDD Holdings Inc.

NasdaqGS:PDD Stock Report

Market Cap: US$156.2b

PDD Holdings (PDD) Stock Overview

A multinational commerce group that owns and operates a portfolio of businesses. More details

PDD fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends0/6

PDD Community Fair Values

Create Narrative

See what 507 others think this stock is worth. Follow their fair value or set your own to get alerts.

US$124.58
FV
11.7% undervalued intrinsic discount
13.19%
Revenue growth p.a.
1users have liked this narrative
1users have commented on this narrative
301users have followed this narrative
5 days ago author updated this narrative
US$163.07
FV
32.5% undervalued intrinsic discount
-10.27%
Revenue growth p.a.
9users have liked this narrative
5users have commented on this narrative
18users have followed this narrative
11 months ago author updated this narrative

PDD Holdings Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for PDD Holdings
Historical stock prices
Current Share PriceUS$110.06
52 Week HighUS$155.67
52 Week LowUS$87.11
Beta0.42
1 Month Change6.25%
3 Month Change-1.13%
1 Year Change-12.78%
3 Year Change130.88%
5 Year Change25.74%
Change since IPO312.21%

Recent News & Updates

Recent updates

With EPS Growth And More, PDD Holdings (NASDAQ:PDD) Makes An Interesting Case

Jul 28
With EPS Growth And More, PDD Holdings (NASDAQ:PDD) Makes An Interesting Case

Investors Shouldn't Overlook PDD Holdings' (NASDAQ:PDD) Impressive Returns On Capital

Jul 13
Investors Shouldn't Overlook PDD Holdings' (NASDAQ:PDD) Impressive Returns On Capital

PDD Holdings: Still A Buy Despite The Tariff Storm

Jun 30

Is PDD Holdings (NASDAQ:PDD) A Risky Investment?

Jun 28
Is PDD Holdings (NASDAQ:PDD) A Risky Investment?

If EPS Growth Is Important To You, PDD Holdings (NASDAQ:PDD) Presents An Opportunity

Apr 28
If EPS Growth Is Important To You, PDD Holdings (NASDAQ:PDD) Presents An Opportunity

Take Care Before Jumping Onto PDD Holdings Inc. (NASDAQ:PDD) Even Though It's 25% Cheaper

Apr 11
Take Care Before Jumping Onto PDD Holdings Inc. (NASDAQ:PDD) Even Though It's 25% Cheaper

Investors Should Be Encouraged By PDD Holdings' (NASDAQ:PDD) Returns On Capital

Apr 04
Investors Should Be Encouraged By PDD Holdings' (NASDAQ:PDD) Returns On Capital

Does PDD Holdings (NASDAQ:PDD) Have A Healthy Balance Sheet?

Mar 17
Does PDD Holdings (NASDAQ:PDD) Have A Healthy Balance Sheet?

PDD Holdings: Sky-High Free Cash Flow Yield, Earnings On Tap

Mar 15

PDD Holdings: Here Comes The Hard Part

Feb 25

PDD Holdings Inc. (NASDAQ:PDD) Shares Fly 26% But Investors Aren't Buying For Growth

Feb 22
PDD Holdings Inc. (NASDAQ:PDD) Shares Fly 26% But Investors Aren't Buying For Growth

PDD's Outlook Changes With De Minimis Boom-Bust, Amazon Headwinds

Feb 07
author-image

PDD Holdings will see accelerating growth with a 74% price target increase

Transaction services revenue surged 72% year-over-year, significantly outpacing expectations

Here's Why We Think PDD Holdings (NASDAQ:PDD) Might Deserve Your Attention Today

Jan 18
Here's Why We Think PDD Holdings (NASDAQ:PDD) Might Deserve Your Attention Today

PDD Holdings: Pushing Delivery Beyond Borders

Jan 07

Why The 37% Return On Capital At PDD Holdings (NASDAQ:PDD) Should Have Your Attention

Jan 03
Why The 37% Return On Capital At PDD Holdings (NASDAQ:PDD) Should Have Your Attention

PDD Holdings: A Top E-Commerce Growth Play For 2025

Dec 31

PDD Holdings (NASDAQ:PDD) Could Easily Take On More Debt

Dec 04
PDD Holdings (NASDAQ:PDD) Could Easily Take On More Debt

PDD Holdings: Cheap With A Christmas Catalyst (Rating Upgrade)

Dec 01
author-image

Innovative Strategies Drive Growth Amidst E-commerce Challenges And Market Expansion

Merchant support programs and cost reductions aim to drive revenue growth by enhancing innovation and expanding market reach.

PDD: Near-Term Correction Doesn't Deter Our Bullish Bargain Hunt

Nov 23

PDD Holdings: Strong Buy With An Outsized CAGR Likely Until 2026

Nov 16

PDD Holdings: Brand Migration Driving Long-Term GMV Growth

Oct 25

PDD: Shop Until You Drop

Oct 16

The Market Lifts PDD Holdings Inc. (NASDAQ:PDD) Shares 52% But It Can Do More

Oct 12
The Market Lifts PDD Holdings Inc. (NASDAQ:PDD) Shares 52% But It Can Do More

Here's Why We Think PDD Holdings (NASDAQ:PDD) Might Deserve Your Attention Today

Oct 10
Here's Why We Think PDD Holdings (NASDAQ:PDD) Might Deserve Your Attention Today

PDD Stock: Chinese Stimulus Just Made The Bull Case Stronger

Sep 25

PDD Holdings Inc. (NASDAQ:PDD) Might Not Be As Mispriced As It Looks After Plunging 27%

Aug 28
PDD Holdings Inc. (NASDAQ:PDD) Might Not Be As Mispriced As It Looks After Plunging 27%

PDD Holdings: Price Crash Could Be A Buying Opportunity

Aug 28

PDD: Ready To Move Higher Post Q2 Earnings

Aug 21

PDD Holdings (NASDAQ:PDD) Seems To Use Debt Rather Sparingly

Aug 21
PDD Holdings (NASDAQ:PDD) Seems To Use Debt Rather Sparingly

Investors Should Be Encouraged By PDD Holdings' (NASDAQ:PDD) Returns On Capital

Aug 05
Investors Should Be Encouraged By PDD Holdings' (NASDAQ:PDD) Returns On Capital

PDD Holdings: Looming Tariffs Likely Won't Stop Temu

Jul 16

PDD: Strong Business Growth Thanks To Temu, Trading At Just 12x Earnings

Jun 22

PDD: Untapped Growth Engine With Hidden Cash Potential

Jun 15

PDD Holdings' Q1 Earnings: Great - With 1 Catch (Rating Downgrade)

May 22

PDD Holdings: Offering High Growth, Strong Profits And Stability (SA Quant)

May 08

PDD Holdings: I'm Buying This Now

Apr 08

PDD Holdings: Revenues Soar But Gross Margins Continue To Collapse

Mar 30

PDD Holdings: Blowout Earnings Show Stock Is Cheap Given Expected Growth

Mar 20

PDD Holdings: It's Not Temu, But Macro Concerns That Encourage Caution

Feb 15

PDD Holdings: The Only Survivor In China ADRs, Can Their Outperformance Last?

Jan 11

Shareholder Returns

PDDUS Multiline RetailUS Market
7D-5.7%-6.7%-2.7%
1Y-12.8%31.0%20.5%

Return vs Industry: PDD underperformed the US Multiline Retail industry which returned 31% over the past year.

Return vs Market: PDD underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is PDD's price volatile compared to industry and market?
PDD volatility
PDD Average Weekly Movement5.7%
Multiline Retail Industry Average Movement7.1%
Market Average Movement6.4%
10% most volatile stocks in US Market17.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: PDD has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PDD's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201523,465Lei Chenwww.pddholdings.com

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo platform which provides various product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness, and auto accessories; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023.

PDD Holdings Inc. Fundamentals Summary

How do PDD Holdings's earnings and revenue compare to its market cap?
PDD fundamental statistics
Market capUS$156.25b
Earnings (TTM)US$13.82b
Revenue (TTM)US$56.09b
11.3x
P/E Ratio
2.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PDD income statement (TTM)
RevenueCN¥402.70b
Cost of RevenueCN¥162.15b
Gross ProfitCN¥240.54b
Other ExpensesCN¥141.36b
EarningsCN¥99.18b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)69.86
Gross Margin59.73%
Net Profit Margin24.63%
Debt/Equity Ratio1.6%

How did PDD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/04 14:12
End of Day Share Price 2025/08/01 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PDD Holdings Inc. is covered by 79 analysts. 40 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zixiao YangArete Research Services LLP
Richard KramerArete Research Services LLP
Ishan MajumdarBaptista Research