What is Pinduoduo's (PDD) stock symbol?
Credit Suisse, Goldman Sachs (Asia) and CICC acted as the underwriters for the IPO and China Renaissance was co-manager. What is Pinduoduo's stock symbol? Pinduoduo trades on the NASDAQ under the ticker symbol "PDD." Who are Pinduoduo's major shareholders? Pinduoduo's stock is owned by a variety of institutional and retail investors.
Where can I buy shares of PDD?
Shares of PDD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
How did Pinduoduo (PDD) perform in the Q3 earnings?
Pinduoduo Inc. (NASDAQ:PDD) issued its quarterly earnings results on Friday, November, 26th. The company reported $0.22 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.20. The firm earned $3.34 billion during the quarter, compared to the consensus estimate of $4.31 billion.
How much did peer (PDD) raise in its IPO?
(PDD) raised $1.5 billion in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 85,600,000 shares at $16.00-$19.00 per share.
Is PDD stock a buy?
Is Pinduoduo Stock a good buy in 2022, according to Wall Street analysts? The consensus among 7 Wall Street analysts covering (NASDAQ: PDD) stock is to Buy PDD stock.
Is PDD stock overvalued?
PDD appears to be extremely overvalued. In terms of trailing-12-month Price/Cash Flow, PDD is currently trading at 71.42x, 471.5% higher than the industry average of 12.50x.
Who is PDD Stock?
ADR Stock Quote (U.S.: Nasdaq) | MarketWatch....$ 64.98.CloseChgChg %$64.823.024.89%
What is PDD target price?
Pinduoduo Inc (NASDAQ:PDD) The 39 analysts offering 12-month price forecasts for Pinduoduo Inc have a median target of 69.99, with a high estimate of 106.23 and a low estimate of 45.10. The median estimate represents a +28.15% increase from the last price of 54.62.
Is PDD a buy Zacks?
How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return2Buy18.15%3Hold9.70%4Sell5.35%5Strong Sell2.45%2 more rows
Is PDD undervalued?
Pinduoduo stock is significantly undervalued compared to its peers as our model indicates an intrinsic value of $199.
Is PDD traded in Hong Kong?
This morning, following the market close in Hong Kong, e-commerce company Pinduoduo (PDD US) released earnings that beat analyst expectations on revenue, adjusted EPS, monthly users, and active buyers.
What is Pinduoduo business model?
Pinduoduo monetizes primarily through advertising - about 90% of Pinduoduo's revenues come from online marketing services with the remainder coming from transaction services. Pinduoduo has seen merchant base expands rapidly to reach 8.6 million active merchants within 6 years of its founding.
Is Pinduoduo listed in China?
Pinduoduo and NIO are the largest Chinese ADRs in the list compiled by Goldman, with market value of US$114.3 billion and almost US$70 billion respectively.
Will PDD recover?
According to the 34 industry analysts covering Pinduoduo, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2021, before generating positive profits of CN¥2.6b in 2022. The company is therefore projected to breakeven just over a year from now.
What is the price target for NIO?
Stock Price TargetsHigh$447.97Median$202.44Low$147.06Average$217.24Current Price$20.72
Should I buy or sell Pinduoduo stock right now?
11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 4 hold ratings a...
What is Pinduoduo's stock price forecast for 2022?
11 brokers have issued 12-month price objectives for Pinduoduo's shares. Their forecasts range from $45.00 to $148.00. On average, they expect Pind...
How has Pinduoduo's stock price performed in 2022?
Pinduoduo's stock was trading at $58.30 at the beginning of the year. Since then, PDD stock has increased by 2.8% and is now trading at $59.95. Vi...
When is Pinduoduo's next earnings date?
Pinduoduo is scheduled to release its next quarterly earnings announcement on Tuesday, August 23rd 2022. View our earnings forecast for Pinduoduo .
How were Pinduoduo's earnings last quarter?
Pinduoduo Inc. (NASDAQ:PDD) announced its earnings results on Friday, May, 27th. The company reported $2.95 earnings per share for the quarter, bea...
Who are Pinduoduo's key executives?
Pinduoduo's management team includes the following people: Mr. Lei Chen , Chairman & CEO (Age 42) Ms. Jun Liu , VP of Fin. (Age 39) Mr. Junyun...
Who are some of Pinduoduo's key competitors?
Some companies that are related to Pinduoduo include Accenture (ACN) , PayPal (PYPL) , Fiserv (FISV) , Fidelity National Information Services (...
What other stocks do shareholders of Pinduoduo own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Pinduoduo investors own include Alibaba Group (BABA) , NV...
When did Pinduoduo IPO?
(PDD) raised $1.5 billion in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 85,600,000 shares at $16.00-$19.00 pe...
About Pinduoduo
Pinduoduo (NASDAQ:PDD) Frequently Asked Questions
Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.
What is Pinduoduo Inc?
8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Pinduoduo stock. View analyst ratings for Pinduoduo or view top-rated stocks.
Where is Pinduoduo located?
Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverage, fresh produce, electronic appliances, furniture and household goods, ...
Premium Research for PDD
Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the People's Republic of China.
Company Summary
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
