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PDD Holdings

PDDNASDAQ
Logo brought to you by Benzinga Data
$120.56
-0.03-0.02%
At close: -
$119.50
-1.06-0.88%
After Hours: 7:57 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$272.00
Lowest Price Target1
$48.00
Consensus Price Target1
$153.07

PDD Holdings (NASDAQ:PDD) Stock, Analyst Ratings, Price Targets, Forecasts

PDD Holdings Inc has a consensus price target of $153.07 based on the ratings of 15 analysts. The high is $272 issued by UBS on May 22, 2024. The low is $48 issued by Nomura Instinet on March 22, 2022. The 3 most-recent analyst ratings were released by Macquarie, Barclays, and Benchmark on October 7, 2024, August 27, 2024, and August 27, 2024, respectively. With an average price target of $189 between Macquarie, Barclays, and Benchmark, there's an implied 58.16% upside for PDD Holdings Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
May
2
2
Aug
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.1
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Macquarie
Barclays
Benchmark
Citigroup
B of A Securities

1calculated from analyst ratings

Analyst Ratings for PDD Holdings

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for PDD Holdings (PDD) stock?

A

The latest price target for PDD Holdings (NASDAQ:PDD) was reported by Macquarie on October 7, 2024. The analyst firm set a price target for $224.00 expecting PDD to rise to within 12 months (a possible 87.45% upside). 28 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for PDD Holdings (PDD)?

A

The latest analyst rating for PDD Holdings (NASDAQ:PDD) was provided by Macquarie, and PDD Holdings upgraded their outperform rating.

Q

When was the last upgrade for PDD Holdings (PDD)?

A

The last upgrade for PDD Holdings Inc happened on October 7, 2024 when Macquarie raised their price target to $224. Macquarie previously had a neutral for PDD Holdings Inc.

Q

When was the last downgrade for PDD Holdings (PDD)?

A

The last downgrade for PDD Holdings Inc happened on August 27, 2024 when Citigroup changed their price target from $194 to $120 for PDD Holdings Inc.

Q

When is the next analyst rating going to be posted or updated for PDD Holdings (PDD)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PDD Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PDD Holdings was filed on October 7, 2024 so you should expect the next rating to be made available sometime around October 7, 2025.

Q

Is the Analyst Rating PDD Holdings (PDD) correct?

A

While ratings are subjective and will change, the latest PDD Holdings (PDD) rating was a upgraded with a price target of $126.00 to $224.00. The current price PDD Holdings (PDD) is trading at is $119.50, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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