Shares of Pinduoduo have moved -0.8% today, and are now trading at a price of $133.73. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 2,137,639 compared to the stock's average volume of 7,987,588.
PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. Based in Dublin, Ireland the company has 23,465 full time employees and a market cap of $189,849,321,472.
The company is now trading -7.15% away from its average analyst target price of $144.02 per share. The 36 analysts following the stock have set target prices ranging from $117.469025 to $177.03789, and on average give Pinduoduo a rating of buy.
Over the last 52 weeks, PDD stock has risen 34.9%, which amounts to a 19.4% difference compared to the S&P 500. The stock's 52 week high is $155.67 whereas its 52 week low is $87.11 per share. Based on Pinduoduo's average net margin growth of 14.4% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 53,955,324 | 15,403,464 | 28 | 16.67 |
| 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 |
