This summary was created by AI, based on 1 opinions in the last 12 months.
PDD Holdings (PDD-Q) is a Dublin based company that owns two disruptive sizeable Chinese consumer platforms, with revenues growing over 90% last year, generating $9.4 billion. The company's cash reserves are also growing aggressively. PDD trades at 24x earnings, 7x book, but can justify the valuation based on a 35% ROE. Stockchase Research Editor, Michael O’Reilly, recommends setting a stop-loss at $100, looking to achieve $170, which presents an upside potential of over 40%. Analysts’ price target is $170.29.
PDD Holdings is a American stock, trading under the symbol PDD-Q on the NASDAQ (PDD). It is usually referred to as NASDAQ:PDD or PDD-Q
In the last year, 3 stock analysts published opinions about PDD-Q. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for PDD Holdings.
PDD Holdings was recommended as a Top Pick by on . Read the latest stock experts ratings for PDD Holdings.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered PDD Holdings In the last year. It is a trending stock that is worth watching.
On 2024-10-21, PDD Holdings (PDD-Q) stock closed at a price of $124.86.
It may encounter tariff trouble down the road.