Analyst Price Target is $105.64
▲ +51.91% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for PDD in the last 3 months. The average price target is $105.64, with a high forecast of $125.00 and a low forecast of $79.00. The average price target represents a 51.91% upside from the last price of $69.54.
Current Consensus is
The current consensus among 11 contributing investment analysts is to buy stock in PDD. This Buy consensus rating has held steady for over two years.
PDD Holdings, Inc. is a multinational commerce group that owns and operates a portfolio of businesses. The company aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from increased productivity and new opportunities. It has built a network of sourcing, logistics, and fulfillment capabilities, that support its underlying businesses. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Dublin, Ireland.