Shares of PDD have moved -2.3% today, and are now trading at a price of $96.56. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 9,806,538 compared to the stock's average volume of 13,602,300.
PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. Based in Dublin, Ireland the company has 17,403 full time employees and a market cap of $137,210,789,888.
The company is now trading -91.19% away from its average analyst target price of $1095.55 per share. The 42 analysts following the stock have set target prices ranging from $738.327 to $1673.412, and on average give PDD a rating of buy.
Over the last 12 months PDD shares have declined by -32.4%, which represents a difference of -64.4% when compared to the S&P 500. The stock's 52 week high is $164.69 per share and its 52 week low is $88.01. Based on PDD's average net margin growth of 4.6% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 34,879,253 | 8,454,562 | 24 | 0.0 |
| 2022 | 18,929,071 | 4,572,589 | 24 | 200.0 |
| 2021 | 14,742,796 | 1,219,074 | 8 | 166.67 |
| 2020 | 9,117,527 | -1,100,344 | -12 | 47.83 |
| 2019 | 4,329,611 | -1,000,834 | -23 | 70.51 |
| 2018 | 1,908,223 | -1,486,020 | -78 |
