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PDD

PDD Holdings Inc.

PDD

NASDAQ·Consumer Cyclical·Specialty Retail·Mkt cap $119.6B

$83.17

-0.99%

P/E

2.07

Mkt Cap

$119.6B

52-Wk Range

$71.94–$139.41

52-Week Range

$71.94 - $139.41

P/E

2.07

Fwd P/E

1.19

Beta

-0.01

Div Yield

0.00%

Avg Vol

8.0M

Shares Out

1.4B

Mkt Cap

$119.6B

Price action

Price chart

Down 31.6% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Social shopping model
  • Low-cost product ecosystem
  • Advanced algorithmic recommendation
  • Deep rural/agricultural market penetration

Bear Case

1 risk

  • Low volatility (beta 0.0).

Growth

Strong growth ahead

International market expansion

Value

Trading at 0.1x E-commerce & Marketplaces peers — a discount despite the growth profile.

Momentum

Stable

-4.7% over 3m

Quality

Strong

High-growth business (14% revenue growth, 56% gross margin). Profitable with strong growth momentum.

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 17, 2026

Q3 26 RECAP

AUG 24, 2026

Reported EPS of $2.85 vs $2.76 consensus (+3.3% surprise). Revenue of $16.5B vs $16.9B expected (-2.4%).

EPS beat +3.3%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+3.3%

Revenue trend · last 8Q

+24%

+10%

+7%

+9%

+671%

-84%

-84%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$14.2B

$15.8B

$95.7B

$104.0B

$108.3B

$122.2B

$15.6B

$16.5B

Margins · last 8Q

Gross

57.3%

Operating

28.9%

Profit

24.2%

Wall Street consensus

8 analysts · 25% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

25%

Hold

5

63%

Sell

1

13%

Median Price Target

Latest: Deutsche Bank · Aug 24, 2026

vs Industry

How PDD stacks vs Specialty Retail

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.