Analyst Price Target is $177.78
▲ +15.24% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for PDD in the last 3 months. The average price target is $177.78, with a high forecast of $272.00 and a low forecast of $120.00. The average price target represents a 15.24% upside from the last price of $154.27.
Current Consensus is
Buy
The current consensus among 12 contributing investment analysts is to buy stock in PDD. This rating has held steady since May 2024, when it changed from a Moderate Buy consensus rating.
PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. The company was incorporated in 2015 and is based in Dublin, Ireland.
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