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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 $168.00 (represents a 68.83% upside from PDD’s last price of $99.51) 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 $168.00 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $224.00 to $130.00. This represents a potential 68.83% upside from PDD's last price of $99.51.

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%), 14 'Buy' (77.78%), 3 'Hold' (16.67%), 1 'Sell' (5.56%), and 0 'Strong Sell' (0.00%).

PDD Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 21, 2024Thomas ChongJefferies$171.00$104.0964.28%71.84%
Oct 07, 2024Ellie JiangMacquarie$224.00$154.2745.20%125.10%
Sep 30, 2024Alicia YapCitigroup$143.00$135.385.63%43.70%
Aug 27, 2024Jian Xiong LimCFRA$130.00$96.2635.05%30.64%
Aug 27, 2024Robin ZhuBernstein$170.00$96.6475.90%70.84%
Aug 27, 2024Joyce JuBank of America Securities$170.00$100.0070.00%70.84%
Aug 26, 2024Thomas ChongJefferies$151.00$100.0051.00%51.74%
Jul 29, 2024Alicia YapCitigroup$194.00$127.5952.05%94.96%
May 28, 2024Jian Xiong LimCFRA$200.00$157.5726.93%100.98%
May 24, 2024Ronald KeungGoldman Sachs$184.00$160.7114.49%84.91%
May 23, 2024Ronald KeungGoldman Sachs$145.00$153.63-5.62%45.71%
May 23, 2024Robin ZhuBernstein$235.00$147.0959.77%136.16%
May 22, 2024Eddy WangMorgan Stanley$220.00$147.0949.57%121.08%
May 22, 2024Thomas ChongJefferies$193.00$146.8531.43%93.95%
May 17, 2024Kenneth FongUBS$248.00$143.3872.97%149.22%
Mar 21, 2024Charlene LiuHSBC$190.00$122.3055.36%90.94%
Mar 21, 2024Saiyi HeCMB International Securities$155.40$122.3027.06%56.17%
Mar 20, 2024Jiong ShaoBarclays$178.00$132.1734.68%78.88%
Mar 20, 2024Eddy WangMorgan Stanley$181.00$132.1736.94%81.89%
Mar 11, 2024Thomas ChongJefferies$157.00$111.8940.32%57.77%
Aug 30, 2023Ronald KeungGoldman Sachs$129.00$97.9631.69%29.64%
May 30, 2023Andre ChangJ.P. Morgan$110.00$71.4254.02%10.54%
Mar 21, 2023Jerry LiuUBS$115.00$79.5544.56%15.57%
Jan 09, 2023Goldman Sachs$123.00$95.9728.17%23.61%
Nov 29, 2022Citigroup$111.00$74.0549.90%11.55%
Nov 29, 2022Jiong ShaoBarclays$70.00$74.05-5.47%-29.66%
Aug 30, 2022Bo PeiUS Tiger Securities$80.00$66.0421.14%-19.61%
Jul 19, 2022Ronald KeungGoldman Sachs$95.00$55.1272.35%-4.53%
Jul 11, 2022Eddy WangMorgan Stanley$54.70$54.70--45.03%
Apr 01, 2022Fawne JiangBenchmark Co.$85.00$42.6599.30%-14.58%
Feb 16, 2022Alicia YapCitigroup$80.00$60.2032.89%-19.61%
Dec 07, 2021Ellie JiangMacquarie$95.00$63.0350.72%-4.53%
Nov 29, 2021Joyce JuBank of America Securities$120.00$71.9666.76%20.59%
Oct 21, 2021Eddy WangMorgan Stanley$130.00$97.1533.81%30.64%
Aug 25, 2021Julia PanUOB Kay Hian$88.00$97.84-10.06%-11.57%
May 26, 2021Bo Pei CFAUS Tiger Securities$180.00$123.5745.67%80.89%
May 05, 2021John ChoiDaiwa$180.00$131.1137.29%80.89%

The latest PDD stock forecast, released on Nov 21, 2024 by Thomas Chong from Jefferies, set a price target of $171.00, which represents a 64.28% increase from the stock price at the time of the forecast ($104.09), and a 71.84% increase from PDD last price ($99.51).

PDD Price Target by Period

1M3M12M
# Anlaysts1320
Avg Price Target$171.00$179.33$181.97
Last Closing Price$99.51$99.51$99.51
Upside/Downside71.84%80.21%82.87%

In the current month, the average price target of PDD stock is $171.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 71.84% increase as opposed to PDD's last price of $99.51. This month's average price target is down -4.65% compared to last quarter, and down -6.03% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024BernsteinOutperformOutperformHold
Nov 22, 2024CFRASellSellHold
Nov 21, 2024CitigroupNeutralNeutralHold
Nov 21, 2024JefferiesBuyBuyHold
Oct 07, 2024MacquarieNeutralOutperformUpgrade
Sep 30, 2024CitigroupNeutralNeutralHold
Aug 27, 2024CFRABuyBuyHold
Aug 27, 2024BernsteinOutperformOutperformHold
Aug 27, 2024BenchmarkBuyBuyHold
Aug 27, 2024Bank of America SecuritiesBuyBuyHold
Aug 26, 2024CitigroupBuyNeutralDowngrade
Aug 26, 2024JefferiesBuyBuyHold
Aug 26, 2024CitigroupBuyBuyHold
Jul 29, 2024CitigroupBuyBuyHold
Jun 17, 2024CitigroupBuyBuyHold
May 28, 2024CFRABuyBuyHold
May 24, 2024Goldman SachsNeutralBuyUpgrade
May 23, 2024BarclaysOverweightOverweightHold
May 23, 2024Goldman SachsNeutralNeutralHold
May 23, 2024BenchmarkBuyBuyHold
May 23, 2024DBS BankBuyBuyHold
May 23, 2024Bank of America SecuritiesBuyBuyHold
May 23, 2024BernsteinOutperformOutperformHold
May 22, 2024Morgan StanleyOverweightOverweightHold
May 22, 2024JefferiesBuyBuyHold
May 22, 2024CitigroupBuyBuyHold
May 20, 2024UBSBuyPositiveUpgrade
May 17, 2024UBSBuyBuyHold
Mar 28, 2024CitigroupBuyBuyHold
Mar 21, 2024BarclaysOverweightOverweightHold
Mar 21, 2024JefferiesBuyBuyHold
Mar 11, 2024JefferiesHoldBuyUpgrade
Nov 07, 2023Goldman SachsBuyBuyHold
Aug 30, 2023Morgan StanleyOverweightEqual-WeightDowngrade
Aug 30, 2023Itau BBAMarket PerformDowngrade
Aug 30, 2023MacquarieOutperformNeutralDowngrade
Aug 30, 2023Cowen & Co.Market PerformDowngrade
Aug 30, 2023Compass PointBuyUpgrade
Aug 30, 2023ScotiabankOutperformUpgrade
May 30, 2023BenchmarkBuyBuyHold
May 30, 2023CitigroupBuyBuyHold
May 30, 2023JefferiesHoldHoldHold
Mar 21, 2023UBSBuyBuyHold
Mar 21, 2023BenchmarkBuyBuyHold
Mar 21, 2023HSBCBuyBuyHold
Mar 02, 2023Morgan StanleyEqual-WeightOverweightUpgrade
Jan 09, 2023Goldman SachsBuyBuyHold
Nov 29, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Nov 29, 2022BenchmarkBuyBuyHold
Nov 29, 2022MacquarieOutperformOutperformHold
Nov 29, 2022CitigroupBuyBuyHold
Oct 27, 2022BarclaysOverweightUpgrade
Aug 30, 2022HSBCBuyUpgrade
Aug 29, 2022Goldman SachsBuyBuyHold
Jul 19, 2022Goldman SachsBuyBuyHold
Jul 11, 2022Morgan StanleyEqual-WeightDowngrade
May 31, 2022Bank of America SecuritiesBuyBuyHold
Apr 01, 2022BenchmarkBuyBuyHold
Nov 15, 2020KeyBancBuyOverweightUpgrade
Nov 05, 2020KeyBancBuyBuyHold
Nov 05, 2020Goldman SachsBuyUpgrade

PDD's last stock rating was published by Bernstein on Dec 09, 2024. The company gave PDD a "Outperform" rating, the same as its previous rate.

PDD Financial Forecast

PDD Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$260.62B$203.60B$211.84B$203.56B$159.09B$129.32B$123.05B$112.81B$112.94B$102.73B$100.18B$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$302.28B$236.15B$245.71B$236.10B$184.52B$149.99B$142.73B$130.84B$117.41B$119.16B$116.20B$88.08B$80.61B$63.63B$50.25B$37.35B$47.90B$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$235.48B$183.96B$191.41B$183.93B$143.75B$116.85B$111.19B$101.93B$108.41B$92.83B$90.52B$68.61B$78.03B$49.57B$39.15B$29.10B$37.31B$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
# Analysts1111111210555105554444555101098765
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 $39.15B, and a high forecast of $50.25B. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111210555105554444555101098765
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$13.82B$10.79B$11.23B$10.79B$8.43B$6.86B$6.52B$5.98B$5.99B$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$16.02B$12.52B$13.02B$12.52B$9.78B$7.95B$7.57B$6.94B$6.22B$6.32B$6.16B$4.67B$4.27B$3.37B$2.66B$1.98B$2.54B$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$12.48B$9.75B$10.15B$9.75B$7.62B$6.19B$5.89B$5.40B$5.75B$4.92B$4.80B$3.64B$4.14B$2.63B$2.08B$1.54B$1.98B$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 $2.66B and a low of $2.08B. This is -76.13% lower than PDD's previous annual EBITDA (Mar 23) of $9.62B.

PDD Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111210555105554444555101098765
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$63.46B$43.17B$47.43B$30.80B$35.54B$31.56B$32.36B$28.25B$28.79B$28.88B$30.25B$15.52B$16.63B$13.16B$10.78B$6.60B$12.36B$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$76.65B$52.14B$57.28B$37.20B$42.93B$38.12B$39.09B$34.13B$32.62B$34.89B$30.43B$16.18B$17.14B$13.17B$13.02B$7.97B$14.93B$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$55.51B$37.76B$41.48B$26.94B$31.09B$27.61B$28.31B$24.71B$24.86B$25.26B$30.08B$14.85B$16.12B$13.15B$9.43B$5.77B$10.81B$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 %---------------1.23%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 $10.78B, with a range of $9.43B to $13.02B. PDD's average Quarter net income forecast represents a 33.02% increase compared to the company's last Quarter net income of $8.10B (Mar 23).

PDD SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111210555105554444555101098765
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$153.79B$120.15B$125.01B$120.12B$93.88B$76.31B$72.62B$66.57B$66.65B$60.62B$59.12B$44.81B$46.83B$32.37B$25.57B$19.01B$24.37B$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$178.38B$139.35B$145.00B$139.33B$108.89B$88.51B$84.22B$77.21B$69.29B$70.32B$68.57B$51.98B$47.57B$37.55B$29.66B$22.04B$28.26B$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$138.96B$108.56B$112.95B$108.54B$84.83B$68.95B$65.61B$60.15B$63.97B$54.78B$53.42B$40.49B$46.05B$29.25B$23.10B$17.17B$22.02B$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 $25.57B, based on 5 Wall Street analysts, with a range of $23.10B to $29.66B. The forecast indicates a 49.73% rise compared to PDD last annual SG&A of $17.08B (Mar 23).

PDD EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111210555105554444555101098765
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$42.96$29.22$32.10$20.85$24.06$21.36$21.91$19.12$19.49$19.55$20.48$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$51.88$35.29$38.77$25.18$29.06$25.80$26.46$23.10$22.08$23.61$20.60$10.95$11.60$8.91$8.81$5.39$10.11$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$37.57$25.56$28.08$18.23$21.04$18.69$19.16$16.73$16.82$17.10$20.36$10.05$10.91$8.90$6.38$3.91$7.32$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 $6.38 and a high estimate of $8.81. This represents a 19.18% increase compared to PDD previous annual EPS of $6.12 (Mar 23).

PDD Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PDDPDD$102.42$168.0064.03%Buy
BABAAlibaba Group$87.15$121.7139.66%Buy
MELIMercadoLibre$1.81K$2.34K29.31%Buy
VIPSVipshop$13.41$16.3722.07%Hold
JDJD$37.27$43.4016.45%Buy
AMZNAmazon$231.15$230.04-0.48%Buy
SESea$115.79$99.38-14.17%Buy
GLBEGlobal-e Online$56.82$47.33-16.70%Buy
BZUNBaozun$3.15$2.20-30.16%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 14 'Buy' recommendations, accounting for 77.78% of PDD's total ratings.

What is PDD's price target?

PDD (PDD) average price target is $168 with a range of $130 to $224, implying a 68.83% from its last price of $99.51. 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 68.83% (from the last price of $99.51 to the average price target of $168), up by 125.10% based on the highest stock price target, and up by 30.64% based on the lowest stock price target.

Can PDD stock reach $150?

PDD's average twelve months analyst stock price target of $168 supports the claim that PDD can reach $150 in the near future.

What is PDD's current price target trend?

1 Wall Street analyst forecast a $171 price target for PDD (PDD) this month, up 71.84% from its last price of $99.51. Compared to the last 3 and 12 months, the average price target increased by 80.21% and increased by 82.87%, respectively.

What are PDD's analysts' financial forecasts?

PDD's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $524.27B (high $608.08B, low $473.71B), average EBITDA is $27.79B (high $32.23B, low $25.11B), average net income is $127.72B (high $154.27B, low $111.71B), average SG&A $309.38B (high $358.84B, low $279.54B), and average EPS is $86.45 (high $104.42, low $75.61). PDD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $879.62B (high $1.02T, low $794.78B), average EBITDA is $46.63B (high $54.08B, low $42.13B), average net income is $184.86B (high $223.28B, low $161.69B), average SG&A $519.07B (high $602.06B, low $469.01B), and average EPS is $125.12 (high $151.13, low $109.44).

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 $38.44B by -17.95%. Apple's SG&A was $58.31B, missing the average forecast of $68.76B by -15.20%. 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 $6.6B by 22.76%. The company's SG&A was $17.08B, missing the average forecast of $19.01B by -10.15%. Lastly, the company's EPS was $6.12, beating the average prediction of $4.47 by 37.01%