PDD (PDD) Stock Forecast, Price Target & Predictions

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PDD Stock Forecast

PDD stock forecast is as follows: an average price target of $159.20 (represents a 35.28% upside from PDD’s last price of $117.68) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.

PDD Price Target

The average price target for PDD (PDD) is $159.20 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $248.00 to $80.00. This represents a potential 35.28% upside from PDD's last price of $117.68.

PDD Analyst Ratings

Buy

According to 18 Wall Street analysts, PDD's rating consensus is 'Buy'. The analyst rating breakdown for PDD stock is 0 'Strong Buy' (0.00%), 15 'Buy' (83.33%), 3 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

PDD Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 07, 2024	Ellie Jiang	Macquarie	$224.00	$154.27	45.20%	90.35%
Sep 30, 2024	Alicia Yap	Citigroup	$143.00	$135.38	5.63%	21.52%
Aug 27, 2024	Jian Xiong Lim	CFRA	$130.00	$96.26	35.05%	10.47%
Aug 27, 2024	Robin Zhu	Bernstein	$170.00	$96.64	75.90%	44.46%
Aug 27, 2024	Joyce Ju	Bank of America Securities	$170.00	$100.00	70.00%	44.46%
Aug 26, 2024	Thomas Chong	Jefferies	$151.00	$100.00	51.00%	28.31%
Jul 29, 2024	Alicia Yap	Citigroup	$194.00	$127.59	52.05%	64.85%
May 28, 2024	Jian Xiong Lim	CFRA	$200.00	$157.57	26.93%	69.95%
May 24, 2024	Ronald Keung	Goldman Sachs	$184.00	$160.71	14.49%	56.36%
May 23, 2024	Ronald Keung	Goldman Sachs	$145.00	$153.63	-5.62%	23.22%

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The latest PDD stock forecast, released on Oct 07, 2024 by Ellie Jiang from Macquarie, set a price target of $224.00, which represents a 45.20% increase from the stock price at the time of the forecast ($154.27), and a 90.35% increase from PDD last price ($117.68).

PDD Price Target by Period

	1M	3M	12M
# Anlaysts	-	6	19
Avg Price Target	-	$164.67	$182.55
Last Closing Price	$117.68	$117.68	$117.68
Upside/Downside	-100.00%	39.93%	55.12%

In the current month, the average price target of PDD stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PDD's last price of $117.68. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 07, 2024	Macquarie	Neutral	Outperform	Upgrade
Sep 30, 2024	Citigroup	Neutral	Neutral	Hold
Aug 27, 2024	CFRA	Buy	Buy	Hold
Aug 27, 2024	Bernstein	Outperform	Outperform	Hold
Aug 27, 2024	Benchmark	Buy	Buy	Hold
Aug 27, 2024	Bank of America Securities	Buy	Buy	Hold
Aug 26, 2024	Citigroup	Buy	Neutral	Downgrade
Aug 26, 2024	Jefferies	Buy	Buy	Hold
Aug 26, 2024	Citigroup	Buy	Buy	Hold
Jul 29, 2024	Citigroup	Buy	Buy	Hold

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PDD's last stock rating was published by Macquarie on Oct 07, 2024. The company Upgrade its PDD rating from "Neutral" to "Outperform".

PDD Financial Forecast

PDD Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$37.64B	$39.82B	$35.50B	$31.44B	$23.79B	$27.23B	$21.51B	$23.05B	$22.17B	$26.55B	$14.21B	$12.19B	$6.54B	$10.79B	$7.51B
Avg Forecast	$292.38B	$236.92B	$216.75B	$211.22B	$214.73B	$166.25B	$132.89B	$121.06B	$119.45B	$102.73B	$100.13B	$75.94B	$79.35B	$54.86B	$43.33B	$32.21B	$41.29B	$30.82B	$23.93B	$20.47B	$29.84B	$25.85B	$26.65B	$19.85B	$19.00B	$12.20B	$12.19B	$5.16B	$11.08B	$7.54B
High Forecast	$292.38B	$236.92B	$216.75B	$211.22B	$214.73B	$166.25B	$132.89B	$121.06B	$119.45B	$102.95B	$100.13B	$75.94B	$80.61B	$54.86B	$43.33B	$32.21B	$41.29B	$30.82B	$23.93B	$20.47B	$29.84B	$25.85B	$26.65B	$19.85B	$19.00B	$12.20B	$12.19B	$5.16B	$11.08B	$7.54B
Low Forecast	$292.38B	$236.92B	$216.75B	$211.22B	$214.73B	$166.25B	$132.89B	$121.06B	$119.45B	$102.52B	$100.13B	$75.94B	$78.03B	$54.86B	$43.33B	$32.21B	$41.29B	$30.82B	$23.93B	$20.47B	$29.84B	$25.85B	$26.65B	$19.85B	$19.00B	$12.20B	$12.19B	$5.16B	$11.08B	$7.54B
# Analysts	5	5	5	5	4	4	4	4	5	10	5	5	10	5	5	5	4	4	4	4	5	5	5	10	10	9	8	7	6	5
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.17%	0.96%	1.15%	1.31%	1.16%	0.91%	0.83%	0.86%	1.12%	1.40%	1.17%	1.00%	1.27%	0.97%	1.00%

PDD's average Quarter revenue forecast for Jun 23 based on 5 analysts is $43.33B, with a low forecast of $43.33B, and a high forecast of $43.33B. PDD's average Quarter revenue forecast represents a 15.12% increase compared to the company's last Quarter revenue of $37.64B (Mar 23).

PDD EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	5	5	5	5	4	4	4	4	5	10	5	5	10	5	5	5	4	4	4	4	5	5	5	10	10	9	8	7	6	5
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$9.62B	$10.63B	$12.08B	$10.72B	$3.19B	$8.00B	$2.79B	$2.71B	$-2.57B	$-1.43B	$-619.07M	$-736.43M	$-3.97B	$-1.61B	$-2.33B
Avg Forecast	$15.50B	$12.56B	$11.49B	$11.20B	$11.38B	$8.81B	$7.04B	$6.42B	$6.33B	$5.45B	$5.31B	$4.03B	$4.21B	$2.91B	$2.30B	$1.71B	$2.19B	$2.15B	$1.67B	$17.71B	$2.08B	$1.80B	$1.86B	$-21.75B	$1.33B	$850.98M	$850.45M	$-17.28B	$773.44M	$525.97M
High Forecast	$15.50B	$12.56B	$11.49B	$11.20B	$11.38B	$8.81B	$7.04B	$6.42B	$6.33B	$5.46B	$5.31B	$4.03B	$4.27B	$2.91B	$2.30B	$1.71B	$2.19B	$2.15B	$1.67B	$21.25B	$2.08B	$1.80B	$1.86B	$-17.40B	$1.33B	$850.98M	$850.45M	$-13.82B	$773.44M	$525.97M
Low Forecast	$15.50B	$12.56B	$11.49B	$11.20B	$11.38B	$8.81B	$7.04B	$6.42B	$6.33B	$5.43B	$5.31B	$4.03B	$4.14B	$2.91B	$2.30B	$1.71B	$2.19B	$2.15B	$1.67B	$14.17B	$2.08B	$1.80B	$1.86B	$-26.10B	$1.33B	$850.98M	$850.45M	$-20.73B	$773.44M	$525.97M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.63%	4.86%	5.62%	6.42%	0.18%	3.84%	1.55%	1.46%	0.12%	-1.08%	-0.73%	-0.87%	0.23%	-2.08%	-4.43%

5 analysts predict PDD's average Quarter EBITDA for Jun 23 to be $2.30B, with a high of $2.30B and a low of $2.30B. This is -76.13% lower than PDD's previous annual EBITDA (Mar 23) of $9.62B.

PDD Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	5	5	5	5	4	4	4	4	5	10	5	5	10	5	5	5	4	4	4	4	5	5	5	10	10	9	8	7	6	5
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$8.10B	$9.45B	$10.59B	$8.90B	$2.60B	$6.60B	$1.64B	$2.41B	$-2.91B	$-1.38B	$-784.71M	$-899.35M	$-4.12B	$-1.75B	$-2.34B
Avg Forecast	$79.24B	$51.26B	$51.06B	$35.33B	$44.21B	$35.91B	$37.01B	$32.91B	$32.38B	$28.96B	$30.26B	$15.56B	$16.67B	$13.19B	$10.81B	$6.62B	$12.39B	$7.20B	$4.39B	$14.49B	$2.29B	$-686.89M	$-2.78B	$-24.59B	$-429.76M	$-2.12B	$-2.26B	$-17.93B	$-2.80B	$-1.23B
High Forecast	$79.24B	$51.26B	$51.06B	$35.33B	$44.21B	$35.91B	$37.01B	$32.91B	$32.38B	$29.17B	$30.48B	$16.22B	$17.19B	$13.21B	$10.81B	$6.62B	$12.39B	$7.20B	$4.39B	$17.39B	$2.29B	$-686.89M	$-2.78B	$-19.67B	$-429.76M	$-2.12B	$-2.26B	$-14.35B	$-2.80B	$-1.23B
Low Forecast	$79.24B	$51.26B	$51.06B	$35.33B	$44.21B	$35.91B	$37.01B	$32.91B	$32.38B	$28.65B	$30.04B	$14.89B	$16.16B	$13.18B	$10.81B	$6.62B	$12.39B	$7.20B	$4.39B	$11.59B	$2.29B	$-686.89M	$-2.78B	$-29.51B	$-429.76M	$-2.12B	$-2.26B	$-21.52B	$-2.80B	$-1.23B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.22%	0.76%	1.47%	2.03%	0.18%	2.89%	-2.39%	-0.87%	0.12%	3.20%	0.37%	0.40%	0.23%	0.63%	1.89%

PDD's average Quarter net income forecast for Jun 23 is $10.81B, with a range of $10.81B to $10.81B. PDD's average Quarter net income forecast represents a 33.38% increase compared to the company's last Quarter net income of $8.10B (Mar 23).

PDD SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	5	5	5	5	4	4	4	4	5	10	5	5	10	5	5	5	4	4	4	4	5	5	5	10	10	9	8	7	6	5
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$17.08B	$19.37B	$14.96B	$12.17B	$11.81B	$11.79B	$10.39B	$10.82B	$13.35B	$15.12B	$10.44B	$9.51B	$7.63B	$9.62B	$7.35B
Avg Forecast	$172.87B	$140.07B	$128.15B	$124.88B	$126.95B	$98.29B	$78.57B	$71.57B	$70.62B	$60.74B	$59.20B	$44.90B	$46.92B	$32.43B	$25.62B	$19.04B	$24.41B	$18.19B	$14.12B	$12.08B	$17.61B	$15.25B	$15.73B	$11.71B	$11.21B	$7.20B	$7.19B	$3.05B	$6.54B	$4.45B
High Forecast	$172.87B	$140.07B	$128.15B	$124.88B	$126.95B	$98.29B	$78.57B	$71.57B	$70.62B	$60.86B	$59.20B	$44.90B	$47.66B	$32.43B	$25.62B	$19.04B	$24.41B	$18.19B	$14.12B	$12.08B	$17.61B	$15.25B	$15.73B	$11.71B	$11.21B	$7.20B	$7.19B	$3.05B	$6.54B	$4.45B
Low Forecast	$172.87B	$140.07B	$128.15B	$124.88B	$126.95B	$98.29B	$78.57B	$71.57B	$70.62B	$60.61B	$59.20B	$44.90B	$46.13B	$32.43B	$25.62B	$19.04B	$24.41B	$18.19B	$14.12B	$12.08B	$17.61B	$15.25B	$15.73B	$11.71B	$11.21B	$7.20B	$7.19B	$3.05B	$6.54B	$4.45B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.90%	0.79%	0.82%	0.86%	0.98%	0.67%	0.68%	0.69%	1.14%	1.35%	1.45%	1.32%	2.51%	1.47%	1.65%

PDD's average Quarter SG&A projection for Jun 23 is $25.62B, based on 5 Wall Street analysts, with a range of $25.62B to $25.62B. The forecast indicates a 50.01% rise compared to PDD last annual SG&A of $17.08B (Mar 23).

PDD EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	5	5	5	5	4	4	4	4	5	10	5	5	10	5	5	5	4	4	4	4	5	5	5	10	10	9	8	7	6	5
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.12	$7.40	$8.40	$7.04	$2.08	$5.25	$1.32	$1.92	$-2.32	$-1.12	$-0.66	$-0.76	$-3.56	$-1.52	$-2.00
Avg Forecast	$53.49	$34.60	$34.46	$23.85	$29.84	$24.24	$24.98	$22.22	$21.86	$19.55	$20.43	$10.50	$11.26	$8.91	$7.29	$4.47	$8.37	$4.86	$2.96	$1.83	$1.54	$-0.46	$-1.88	$-2.47	$-0.29	$-1.43	$-1.53	$-2.06	$-1.89	$-0.83
High Forecast	$53.49	$34.60	$34.46	$23.85	$29.84	$24.24	$24.98	$22.22	$21.86	$19.69	$20.57	$10.95	$11.60	$8.91	$7.29	$4.47	$8.37	$4.86	$2.96	$1.83	$1.54	$-0.46	$-1.88	$-2.47	$-0.29	$-1.43	$-1.53	$-2.06	$-1.89	$-0.83
Low Forecast	$53.49	$34.60	$34.46	$23.85	$29.84	$24.24	$24.98	$22.22	$21.86	$19.34	$20.28	$10.05	$10.91	$8.90	$7.29	$4.47	$8.37	$4.86	$2.96	$1.83	$1.54	$-0.46	$-1.88	$-2.47	$-0.29	$-1.43	$-1.53	$-2.06	$-1.89	$-0.83
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.37%	0.88%	1.73%	2.38%	1.14%	3.40%	-2.85%	-1.02%	0.94%	3.86%	0.46%	0.50%	1.73%	0.81%	2.40%

According to 5 Wall Street analysts, PDD's projected average Quarter EPS for Jun 23 is $7.29, with a low estimate of $7.29 and a high estimate of $7.29. This represents a 19.18% increase compared to PDD previous annual EPS of $6.12 (Mar 23).

PDD Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
FTCH	Farfetch	$0.64	$32.73	5014.06%	Buy
BZUN	Baozun	$2.54	$5.35	110.63%	Buy
JD	JD	$35.19	$69.13	96.45%	Buy
BABA	Alibaba Group	$87.11	$153.02	75.66%	Buy
SE	Sea	$113.68	$159.73	40.51%	Buy
PDD	PDD	$117.68	$159.20	35.28%	Buy
VIPS	Vipshop	$13.26	$16.17	21.95%	Hold
GLBE	Global-e Online	$42.74	$51.88	21.39%	Buy
MELI	MercadoLibre	$1.92K	$1.99K	3.57%	Buy
AMZN	Amazon	$204.61	$208.49	1.90%	Buy

PDD Forecast FAQ

Is PDD a good buy?

Yes, according to 18 Wall Street analysts, PDD (PDD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 83.33% of PDD's total ratings.

What is PDD's price target?

PDD (PDD) average price target is $159.2 with a range of $80 to $248, implying a 35.28% from its last price of $117.68. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will PDD stock go up soon?

According to Wall Street analysts' prediction for PDD stock, the company can go up by 35.28% (from the last price of $117.68 to the average price target of $159.2), up by 110.74% based on the highest stock price target, and down by -32.02% based on the lowest stock price target.

Can PDD stock reach $200?

PDD's highest twelve months analyst stock price target of $248 supports the claim that PDD can reach $200 in the near future.

What are PDD's analysts' financial forecasts?

PDD's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $634.92B (high $634.92B, low $634.92B), average EBITDA is $33.66B (high $33.66B, low $33.66B), average net income is $150.05B (high $150.05B, low $150.05B), average SG&A $375.38B (high $375.38B, low $375.38B), and average EPS is $101.29 (high $101.29, low $101.29). PDD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $957.28B (high $957.28B, low $957.28B), average EBITDA is $50.75B (high $50.75B, low $50.75B), average net income is $216.88B (high $216.88B, low $216.88B), average SG&A $565.97B (high $565.97B, low $565.97B), and average EPS is $146.4 (high $146.4, low $146.4).

Did the PDD's actual financial results beat the analysts' financial forecasts?

Based on PDD's last annual report (Dec 2022), the company's revenue was $130.56B, beating the average analysts forecast of $116.51B by 12.05%. Apple's EBITDA was $36.62B, beating the average prediction of $23.72B by 54.38%. The company's net income was $31.54B, missing the average estimation of $38.47B by -18.02%. Apple's SG&A was $58.31B, missing the average forecast of $68.8B by -15.25%. Lastly, the company's EPS was $24.96, beating the average prediction of $18.02 by 38.55%. In terms of the last quarterly report (Mar 2023), PDD's revenue was $37.64B, beating the average analysts' forecast of $32.21B by 16.86%. The company's EBITDA was $9.62B, beating the average prediction of $1.71B by 463.50%. PDD's net income was $8.1B, beating the average estimation of $6.62B by 22.43%. The company's SG&A was $17.08B, missing the average forecast of $19.04B by -10.32%. Lastly, the company's EPS was $6.12, beating the average prediction of $4.47 by 37.01%