PDD Holdings Analyst Price Targets

Wall Street analyst price targets and consensus rating for PDD Holdings (PDD).

Price Target Range — 12 Quarters

Analyst Consensus — 17 Analysts

7Buy

9Hold

1Sell

Consensus RatingBuy# Analysts17Avg. Consensus PT$130Upside to Avg. PT+66.6%

Rating Trend — Last 9 Months

Recent Analyst Actions

Date	Firm	Analyst	Action	Rating Change	Price Target
Sep 10, 2026	JP Morgan	Ellie Jiang	PT Cut	Neutral	$110→$95
Aug 25, 2026	Benchmark	Fawne Jiang	PT Cut	Buy	$127→$114
Jun 24, 2026	Daiwa Capital	John Choi	Downgrade	Buy→Hold	—
Jun 23, 2026	Daiwa Capital	John Choi	Downgrade	Buy→Hold	—
Jun 16, 2026	BNP Paribas	Colin Liu	Initiate	Underperform	$89
May 28, 2026	Barclays	Jiong Shao	Downgrade	Overweight→Equal-Weight	$165→$89
May 28, 2026	Macquarie	Ellie Jiang	Downgrade	Outperform→Neutral	$151→$87
May 28, 2026	Bernstein	Robin Zhu	PT Cut	Market Perform	$132→$110
May 28, 2026	Benchmark	Fawne Jiang	PT Cut	Buy	$160→$127
May 27, 2026	Citigroup	Alicia Yap	PT Cut	Buy	$142→$123
Jan 6, 2026	Freedom Broker	Roman Lukianchikov	PT Raise	Buy	$140→$170
Jan 6, 2026	Freedom Capital Markets	Roman Lukianchikov	PT Raise	Buy	$140→$170
Nov 19, 2025	B of A Securities	Joyce Ju	PT Cut	Neutral	$141→$140
Aug 26, 2025	New Street Research	Jin Yoon	Downgrade	Buy→Neutral	$120
Aug 26, 2025	B of A Securities	Joyce Ju	PT Raise	Neutral	$120→$141
Aug 26, 2025	Benchmark	Fawne Jiang	PT Raise	Buy	$128→$160
Aug 26, 2025	Barclays	Jiong Shao	PT Raise	Overweight	$158→$165
Jul 12, 2025	Freedom Broker	Roman Lukianchikov	PT Cut	Buy	$180→$140
May 28, 2025	JP Morgan	Ellie Jiang	PT Cut	Neutral	$125→$105
May 28, 2025	Benchmark	Fawne Jiang	PT Cut	Buy	$160→$128