Symbols / PDD
PDD Chart
About
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. was incorporated in 2015 and is based in Dublin, Ireland.
Fundamentals
Scroll to Statements| Sector | Consumer Cyclical | Industry | Internet Retail | Market Cap | 151.73B |
| Enterprise Value | 185.14B | Income | 102.27B | Sales | 418.54B |
| Book/sh | 40.48 | Cash/sh | 75.71 | Dividend Yield | — |
| Payout | 0.00% | Employees | 23465 | IPO | — |
| P/E | 10.72 | Forward P/E | 8.50 | PEG | — |
| P/S | 0.36 | P/B | 2.64 | P/C | — |
| EV/EBITDA | 1.99 | EV/Sales | 0.44 | Quick Ratio | 2.00 |
| Current Ratio | 2.35 | Debt/Eq | 2.73 | LT Debt/Eq | — |
| EPS (ttm) | 9.97 | EPS next Y | 12.58 | EPS Growth | 16.50% |
| Revenue Growth | 9.00% | Earnings | 2026-03-19 | ROA | 10.70% |
| ROE | 30.53% | ROIC | — | Gross Margin | 56.65% |
| Oper. Margin | 23.11% | Profit Margin | 24.44% | Shs Outstand | 1.42B |
| Shs Float | 3.06B | Short Float | 3.06% | Short Ratio | 2.65 |
| Short Interest | — | 52W High | 139.41 | 52W Low | 87.11 |
| Beta | -0.01 | Avg Volume | 8.35M | Volume | 6.29M |
| Target Price | $149.39 | Recom | Buy | Prev Close | $105.76 |
| Price | $106.88 | Change | 1.06% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$149.39
Mean price target
2. Current target
$106.88
Latest analyst target
3. DCF / Fair value
$1108.83
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$106.88
Low
$119.57
High
$205.21
Mean
$149.39
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-01-06 | main | Freedom Capital Markets | Buy → Buy | $170 |
| 2025-11-19 | main | B of A Securities | Neutral → Neutral | $140 |
| 2025-08-26 | down | New Street Research | Buy → Neutral | $120 |
| 2025-08-26 | main | B of A Securities | Neutral → Neutral | $141 |
| 2025-08-26 | reit | Benchmark | Buy → Buy | $160 |
| 2025-08-26 | main | Barclays | Overweight → Overweight | $165 |
| 2025-05-28 | main | JP Morgan | Neutral → Neutral | $105 |
| 2025-05-28 | main | Benchmark | Buy → Buy | $128 |
| 2025-05-28 | down | China Renaissance | Buy → Hold | $107 |
| 2025-05-27 | main | Jefferies | Buy → Buy | $121 |
| 2025-05-12 | up | Citigroup | Neutral → Buy | $165 |
| 2025-04-28 | main | Citigroup | Neutral → Neutral | $127 |
| 2025-03-21 | main | JP Morgan | Neutral → Neutral | $125 |
| 2025-03-21 | reit | Benchmark | Buy → Buy | $160 |
| 2025-03-20 | main | Jefferies | Buy → Buy | $156 |
| 2025-03-20 | down | US Tiger Securities, Inc | Buy → Hold | $130 |
| 2025-03-20 | down | Nomura | Buy → Neutral | $130 |
| 2024-11-22 | down | JP Morgan | Overweight → Neutral | $105 |
| 2024-11-22 | main | Benchmark | Buy → Buy | $160 |
| 2024-11-21 | main | Jefferies | Buy → Buy | $171 |
News
RSS: Latest PDD news- Is Most-Watched Stock PDD Holdings Inc. Sponsored ADR (PDD) Worth Betting on Now? - Yahoo Finance Mon, 02 Feb 2026 08
- Does Heavy Chinese Institutional Buying Make PDD Holdings (PDD) the Default China Consumer Proxy? - simplywall.st Wed, 25 Feb 2026 04
- PDD Holdings Inc. Sponsored ADR $PDD Stock Position Lifted by Barings LLC - MarketBeat Sat, 21 Feb 2026 10
- 1 Growth Stock I'd Buy Before PDD In 2026 - The Motley Fool ue, 16 Dec 2025 08
- Brokers Suggest Investing in PDD Holdings Inc. Sponsored ADR (PDD): Read This Before Placing a Bet - Finviz Fri, 20 Feb 2026 15
- PDD Holdings Inc. Sponsored ADR (PDD) Surpasses Market Returns: Some Facts Worth Knowing - Yahoo Finance ue, 24 Feb 2026 22
- China Deepens PDD Probe After Fistfights With Regulators - Bloomberg.com ue, 20 Jan 2026 08
- PDD leaders said the e-commerce giant faced "external uncertainties." - Investor's Business Daily ue, 18 Nov 2025 08
- PDD Holdings' share price surged as five leading Chinese investment institutions collectively increased their holdings. - 富途牛牛 Mon, 23 Feb 2026 14
- These 2 Retail Stocks Are Soaring After SCOTUS Strikes Down President Trump's Tariffs - The Motley Fool Mon, 23 Feb 2026 20
- Is PDD Holdings (PDD) One of the Most Profitable Cheap Stocks to Invest In? - Yahoo Finance Wed, 28 Jan 2026 08
- PDD Holdings Inc. (PDD): A Bull Case Theory - Yahoo Finance ue, 03 Feb 2026 08
- Declining Stock and Solid Fundamentals: Is The Market Wrong About PDD Holdings Inc. (NASDAQ:PDD)? - Yahoo Finance Fri, 13 Feb 2026 08
- Is Trending Stock PDD Holdings Inc. Sponsored ADR (PDD) a Buy Now? - Yahoo Finance Mon, 16 Feb 2026 08
- PDD Holdings Inc. (PDD) is a Buy on Robust Temu Business and Europe Growth - Yahoo Finance Wed, 17 Dec 2025 08
Insider Transactions
No recent insider transactions.
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 89.94M | 5.89M | -19.46M | 14.28M |
| TaxRateForCalcs | 0.15 | 0.17 | 0.13 | 0.20 |
| NormalizedEBITDA | 134.74B | 73.78B | 39.36B | 12.46B |
| TotalUnusualItems | 587.87M | 35.72M | -149.71M | 71.75M |
| TotalUnusualItemsExcludingGoodwill | 587.87M | 35.72M | -149.71M | 71.75M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 112.43B | 60.03B | 31.54B | 7.77B |
| ReconciledDepreciation | 2.64B | 1.89B | 2.74B | 1.84B |
| ReconciledCostOfRevenue | 153.90B | 91.72B | 31.46B | 31.72B |
| EBITDA | 135.32B | 73.81B | 39.21B | 12.53B |
| EBIT | 132.68B | 71.93B | 36.47B | 10.69B |
| NetInterestIncome | 20.55B | 10.19B | 3.95B | 1.83B |
| InterestExpense | 0.00 | 43.99M | 51.66M | 1.23B |
| InterestIncome | 20.55B | 10.24B | 4.00B | 3.06B |
| NormalizedIncome | 111.94B | 60.00B | 31.67B | 7.71B |
| NetIncomeFromContinuingAndDiscontinuedOperation | 112.43B | 60.03B | 31.54B | 7.77B |
| TotalExpenses | 285.41B | 188.94B | 100.16B | 87.05B |
| TotalOperatingIncomeAsReported | 108.42B | 58.70B | 30.40B | 6.90B |
| DilutedAverageShares | 1.48B | 1.46B | 1.44B | 1.43B |
| BasicAverageShares | 1.38B | 1.35B | 1.26B | 1.25B |
| DilutedEPS | 76.00 | 41.16 | 21.92 | 5.44 |
| BasicEPS | 81.24 | 44.32 | 24.96 | 6.20 |
| DilutedNIAvailtoComStockholders | 112.43B | 60.07B | 31.59B | 7.77B |
| AverageDilutionEarnings | 0.00 | 43.99M | 51.66M | 0.00 |
| NetIncomeCommonStockholders | 112.43B | 60.03B | 31.54B | 7.77B |
| NetIncome | 112.43B | 60.03B | 31.54B | 7.77B |
| NetIncomeIncludingNoncontrollingInterests | 112.43B | 60.03B | 31.54B | 7.77B |
| NetIncomeContinuousOperations | 112.43B | 60.03B | 31.54B | 7.77B |
| EarningsFromEquityInterestNetOfTax | 17.23M | -4.71M | -155.28M | 246.83M |
| TaxProvision | 20.27B | 11.85B | 4.73B | 1.93B |
| PretaxIncome | 132.68B | 71.88B | 36.42B | 9.46B |
| OtherIncomeExpense | 3.71B | 2.99B | 2.07B | 728.00M |
| OtherNonOperatingIncomeExpenses | 3.12B | 2.95B | 2.22B | 656.25M |
| GainOnSaleOfSecurity | 587.87M | 35.72M | -149.71M | 71.75M |
| NetNonOperatingInterestIncomeExpense | 20.55B | 10.19B | 3.95B | 1.83B |
| InterestExpenseNonOperating | 0.00 | 43.99M | 51.66M | 1.23B |
| InterestIncomeNonOperating | 20.55B | 10.24B | 4.00B | 3.06B |
| OperatingIncome | 108.42B | 58.70B | 30.40B | 6.90B |
| OperatingExpense | 131.51B | 97.22B | 68.69B | 55.34B |
| ResearchAndDevelopment | 12.66B | 10.95B | 10.38B | 8.99B |
| SellingGeneralAndAdministration | 118.85B | 86.26B | 58.31B | 46.34B |
| SellingAndMarketingExpense | 111.30B | 82.19B | 54.34B | 44.80B |
| GeneralAndAdministrativeExpense | 7.55B | 4.08B | 3.96B | 1.54B |
| OtherGandA | 7.55B | 4.08B | 3.96B | 1.54B |
| GrossProfit | 239.94B | 155.92B | 99.10B | 62.23B |
| CostOfRevenue | 153.90B | 91.72B | 31.46B | 31.72B |
| TotalRevenue | 393.84B | 247.64B | 130.56B | 93.95B |
| OperatingRevenue | 393.84B | 247.64B | 130.56B | 93.95B |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 5.57B | 5.50B | 5.28B | 5.06B |
| ShareIssued | 5.57B | 5.50B | 5.28B | 5.06B |
| NetDebt | 5.36B | |||
| TotalDebt | 10.61B | 10.17B | 16.93B | 12.76B |
| TangibleBookValue | 313.29B | 187.22B | 117.64B | 74.41B |
| InvestedCapital | 318.62B | 193.12B | 133.23B | 86.90B |
| WorkingCapital | 227.23B | 141.85B | 99.73B | 67.18B |
| NetTangibleAssets | 313.29B | 187.22B | 117.64B | 74.41B |
| CapitalLeaseObligations | 5.30B | 4.29B | 1.47B | 971.43M |
| CommonStockEquity | 313.31B | 187.24B | 117.77B | 75.11B |
| TotalCapitalization | 313.31B | 192.47B | 119.35B | 86.90B |
| TotalEquityGrossMinorityInterest | 313.31B | 187.24B | 117.77B | 75.11B |
| StockholdersEquity | 313.31B | 187.24B | 117.77B | 75.11B |
| GainsLossesNotAffectingRetainedEarnings | 8.06B | 4.83B | 3.33B | -2.52B |
| OtherEquityAdjustments | 8.06B | 4.83B | 3.33B | -2.52B |
| RetainedEarnings | 187.42B | 75.12B | 15.19B | -17.71B |
| AdditionalPaidInCapital | 117.83B | 107.29B | 99.25B | 95.34B |
| CapitalStock | 180.00K | 177.00K | 170.00K | 161.00K |
| CommonStock | 180.00K | 177.00K | 170.00K | 161.00K |
| TotalLiabilitiesNetMinorityInterest | 191.72B | 160.84B | 119.35B | 106.10B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 3.30B | 7.94B | 2.46B | 12.37B |
| OtherNonCurrentLiabilities | 996.00K | |||
| NonCurrentDeferredLiabilities | 106.77M | 59.83M | 13.03M | 31.29M |
| NonCurrentDeferredTaxesLiabilities | 106.77M | 59.83M | 13.03M | 31.29M |
| LongTermDebtAndCapitalLeaseObligation | 3.19B | 7.88B | 2.45B | 12.33B |
| LongTermCapitalLeaseObligation | 3.19B | 2.64B | 870.78M | 544.26M |
| LongTermDebt | 5.23B | 1.58B | 11.79B | |
| CurrentLiabilities | 188.42B | 152.90B | 116.89B | 93.73B |
| OtherCurrentLiabilities | 19.42B | 21.71B | 16.85B | 14.38B |
| CurrentDeferredLiabilities | 2.95B | 2.14B | 1.39B | 1.17B |
| CurrentDeferredRevenue | 2.95B | 2.14B | 1.39B | 1.17B |
| CurrentDebtAndCapitalLeaseObligation | 7.42B | 2.29B | 14.49B | 427.16M |
| CurrentCapitalLeaseObligation | 2.11B | 1.64B | 602.04M | 427.16M |
| CurrentDebt | 5.31B | 648.57M | 13.89B | |
| OtherCurrentBorrowings | 5.31B | 648.57M | 13.89B | |
| PayablesAndAccruedExpenses | 158.64B | 126.76B | 84.16B | 77.76B |
| CurrentAccruedExpenses | 11.07B | 13.49B | 5.85B | 3.65B |
| Payables | 147.57B | 113.27B | 78.31B | 74.11B |
| OtherPayable | 4.03B | 3.20B | 2.36B | 1.95B |
| DuetoRelatedPartiesCurrent | 801.86M | 1.24B | 1.68B | 1.96B |
| TotalTaxPayable | 22.81B | 16.93B | 6.97B | 5.73B |
| AccountsPayable | 119.94B | 91.90B | 67.30B | 64.46B |
| TotalAssets | 505.03B | 348.08B | 237.12B | 181.21B |
| TotalNonCurrentAssets | 89.39B | 53.33B | 20.50B | 20.30B |
| OtherNonCurrentAssets | 83.41B | 47.95B | 16.86B | 16.43B |
| NonCurrentDeferredAssets | 16.00M | 270.74M | 1.05B | 31.50M |
| NonCurrentDeferredTaxesAssets | 16.00M | 270.74M | 1.05B | 31.50M |
| GoodwillAndOtherIntangibleAssets | 19.17M | 21.15M | 134.00M | 701.22M |
| OtherIntangibleAssets | 21.15M | 134.00M | 701.22M | |
| NetPPE | 5.94B | 5.08B | 2.46B | 3.14B |
| AccumulatedDepreciation | -3.93B | -3.24B | -2.58B | -960.84M |
| GrossPPE | 9.87B | 8.32B | 5.04B | 4.10B |
| Leases | 128.74M | 69.69M | 30.25M | 28.77M |
| OtherProperties | 5.06B | 4.10B | 1.42B | 938.54M |
| MachineryFurnitureEquipment | 4.68B | 4.15B | 3.59B | 3.14B |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 415.65B | 294.75B | 216.62B | 160.91B |
| OtherCurrentAssets | 1.60B | 1.53B | 799.03M | 885.48M |
| RestrictedCash | 68.43B | 61.99B | 57.97B | 59.62B |
| PrepaidAssets | 1.91B | 1.45B | 1.05B | 1.50B |
| Inventory | 14.20M | |||
| Receivables | 12.15B | 12.58B | 7.35B | 5.96B |
| DuefromRelatedPartiesCurrent | 7.57B | 7.43B | 6.32B | 4.25B |
| TaxesReceivable | 699.03M | 871.59M | 326.43M | 670.54M |
| AccruedInterestReceivable | 205.04M | 367.00M | 119.56M | 364.59M |
| AccountsReceivable | 3.68B | 3.91B | 587.70M | 673.74M |
| CashCashEquivalentsAndShortTermInvestments | 331.56B | 217.21B | 149.44B | 92.94B |
| OtherShortTermInvestments | 273.79B | 157.42B | 115.11B | 86.52B |
| CashAndCashEquivalents | 57.77B | 59.79B | 34.33B | 6.43B |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 120.96B | 93.58B | 47.87B | 25.50B |
| RepaymentOfDebt | -91.00K | -8.97B | 0.00 | -1.88B |
| IssuanceOfDebt | 0.00 | 0.00 | ||
| IssuanceOfCapitalStock | 0.00 | 0.00 | ||
| CapitalExpenditure | -967.14M | -583.88M | -635.72M | -3.29B |
| IncomeTaxPaidSupplementalData | 17.49B | 5.76B | 4.88B | 0.00 |
| EndCashPosition | 126.19B | 121.78B | 92.30B | 66.04B |
| BeginningCashPosition | 121.78B | 92.30B | 66.04B | 74.84B |
| EffectOfExchangeRateChanges | 840.10M | -291.14M | 100.18M | -145.16M |
| ChangesInCash | 3.57B | 29.77B | 26.16B | -8.65B |
| FinancingCashFlow | 1.16M | -8.96B | 10.08M | -1.88B |
| CashFlowFromContinuingFinancingActivities | 1.16M | -8.96B | 10.08M | -1.88B |
| NetOtherFinancingCharges | 1.25M | 8.19M | 10.08M | 318.00K |
| NetCommonStockIssuance | 0.00 | 0.00 | ||
| CommonStockIssuance | 0.00 | 0.00 | ||
| NetIssuancePaymentsOfDebt | -91.00K | -8.97B | 0.00 | -1.88B |
| NetShortTermDebtIssuance | 0.00 | 0.00 | -1.88B | |
| ShortTermDebtPayments | 0.00 | 0.00 | -1.88B | |
| ShortTermDebtIssuance | 0.00 | 0.00 | ||
| NetLongTermDebtIssuance | -91.00K | -8.97B | 0.00 | 0.00 |
| LongTermDebtPayments | -91.00K | -8.97B | 0.00 | 0.00 |
| LongTermDebtIssuance | 0.00 | 0.00 | ||
| InvestingCashFlow | -118.36B | -55.43B | -22.36B | -35.56B |
| CashFlowFromContinuingInvestingActivities | -118.36B | -55.43B | -22.36B | -35.56B |
| NetOtherInvestingChanges | 35.15M | 129.79M | 445.04M | |
| NetInvestmentPurchaseAndSale | -117.42B | -54.98B | -21.73B | -32.72B |
| SaleOfInvestment | 150.43B | 134.52B | 149.07B | 97.55B |
| PurchaseOfInvestment | -267.85B | -189.50B | -170.79B | -130.27B |
| NetPPEPurchaseAndSale | -966.60M | -583.43M | -635.68M | -3.29B |
| SaleOfPPE | 540.00K | 450.00K | 40.00K | 394.00K |
| PurchaseOfPPE | -967.14M | -583.88M | -635.72M | -3.29B |
| OperatingCashFlow | 121.93B | 94.16B | 48.51B | 28.78B |
| CashFlowFromContinuingOperatingActivities | 121.93B | 94.16B | 48.51B | 28.78B |
| ChangeInWorkingCapital | 6.66B | 26.46B | 7.42B | 13.56B |
| ChangeInOtherWorkingCapital | 802.43M | 754.96M | 222.89M | -1.26B |
| ChangeInOtherCurrentLiabilities | -1.88B | -977.79M | -488.06M | -356.05M |
| ChangeInOtherCurrentAssets | -21.20B | -14.04B | -34.49M | -23.10M |
| ChangeInPayablesAndAccruedExpense | 30.23B | 45.44B | 7.47B | 10.76B |
| ChangeInAccruedExpense | 13.78B | 34.26B | 7.00B | 3.49B |
| ChangeInPayable | 16.45B | 11.19B | 462.76M | 7.26B |
| ChangeInAccountPayable | 16.89B | 11.62B | 749.37M | 8.69B |
| ChangeInPrepaidAssets | -1.20B | -300.79M | 2.24B | 4.40B |
| ChangeInReceivables | -92.30M | -4.42B | -1.98B | 45.73M |
| ChangesInAccountReceivables | 48.81M | -3.33B | 86.04M | 55.81M |
| OtherNonCashItems | -2.83B | -1.31B | -554.79M | 1.08B |
| StockBasedCompensation | 9.88B | 7.08B | 7.72B | 4.77B |
| UnrealizedGainLossOnInvestmentSecurities | -6.82B | -1.01B | 242.24M | 22.17M |
| ProvisionandWriteOffofAssets | 329.90M | 265.16M | 118.38M | 49.30M |
| DeferredTax | 222.18M | 801.10M | -1.03B | -213.00K |
| DeferredIncomeTax | 222.18M | 801.10M | -1.03B | -213.00K |
| DepreciationAmortizationDepletion | 2.64B | 1.89B | 2.74B | 1.84B |
| DepreciationAndAmortization | 2.64B | 1.89B | 2.74B | 1.84B |
| AmortizationCashFlow | 114.22M | 608.62M | 583.42M | |
| AmortizationOfIntangibles | 114.22M | 608.62M | 583.42M | |
| Depreciation | 2.64B | 1.89B | 2.74B | 1.26B |
| OperatingGainsLosses | -601.23M | -29.26M | 315.69M | -321.62M |
| EarningsLossesFromEquityInvestments | -17.23M | 4.71M | 155.28M | -246.83M |
| NetForeignCurrencyExchangeGainLoss | -587.87M | -35.72M | 149.71M | -71.75M |
| GainLossOnSaleOfPPE | 3.86M | 1.75M | 10.70M | -258.00K |
| NetIncomeFromContinuingOperations | 112.43B | 60.03B | 31.54B | 7.77B |
SEC Filings
No SEC filings found for this symbol (may be non-US or ticker not in SEC index).
Public Trades for PDD
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|