pinduoduo stock target price

What is the price target for Pinduoduo?

The average twelve-month price target for Pinduoduo is $153.78 with a high price target of $210.00 and a low price target of $80.00. Learn more Do Wall Street analysts like Pinduoduo more than its competitors? Analysts like Pinduoduo stock more than the stock of other Retail/Wholesale companies.

What are analysts'forecasts for Pinduoduo's stock?

8 Wall Street analysts have issued 12-month price objectives for Pinduoduo's shares. Their forecasts range from $80. 00 to $180. 00. On average, they anticipate Pinduoduo's stock price to reach $139. 14 in the next twelve months. This suggests a possible upside of 149. 6% from the stock's current price.

Is Pinduoduo efficiently growing its dividend?

Pinduoduo does not have a long track record of dividend growth. In the past three months, Pinduoduo insiders have not sold or bought any company stock. Only 21.35% of the stock of Pinduoduo is held by institutions. Earnings for Pinduoduo are expected to grow by 189.23% in the coming year, from $1.30 to $3.76 per share.

What is the marketbeat consensus rating for Pinduoduo?

The consensus rating score for Pinduoduo is 2.82 while the average consensus rating score for retail/wholesale companies is 2.53. Learn more Do MarketBeat users like Pinduoduo more than its competitors?

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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 69.25, with a high estimate of 105.10 and a low estimate of 44.62.

Is PDD a good Stock to 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.

What is the price target for NIO?

Stock Price TargetsHigh$447.97Median$202.52Low$147.06Average$215.28Current Price$19.04

Will Pinduoduo go up?

Analysts expect Pinduoduo's revenue and net income to rise 16% and 72% respectively this year. Next year, they expect revenue to rise 26% and net income to grow 48%.

Is PDD 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.

What will NIO be worth in 5 years?

NIO Stock Forecast 2024-2028 These five years would bring a significant increase: NIO price would move from $32.61 to $83.57, which is up 156%. NIO will start 2024 at $32.61, then soar to $39.95 within the first six months of the year and finish 2024 at $43.26.

What is Amazon's target price?

Stock Price Target AMZNHigh$210.00Median$170.00Low$104.00Average$166.99Current Price$118.46

Is TLRY a good buy?

Shares of Tilray are not in a base or in buy range. So TLRY stock is not a buy right now. IBD advises investors to focus on stocks with stronger fundamentals that are moving into buy zones.

Why is Pinduoduo stock dropping?

Why did Pinduoduo shares drop 7%? Reports of more Covid lockdowns in China. Pinduoduo (NASDAQ:PDD) shares fell more than 7% Wednesday as the provider of e-commerce services and platforms in China retreated amid reports of new lockdowns and efforts to stem a rise in new Covid cases in parts of the country.

Is PDD a buy Zacks?

The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows

Is Baba a buy or sell?

Today BABA ranks #17837 as sell candidate.

What PDD means?

Definition. The diagnostic category of pervasive developmental disorders (PDD) refers to a group of disorders characterized by delays in the development of socialization and communication skills. Parents may note symptoms as early as infancy, although the typical age of onset is before 3 years of age.

What is Pinduoduo's consensus rating and price target?

According to the issued ratings of 11 analysts in the last year, the consensus rating for Pinduoduo stock is Buy based on the current 4 hold rating...

Do Wall Street analysts like Pinduoduo more than its competitors?

Analysts like Pinduoduo stock more than the stock of other Retail/Wholesale companies. The consensus rating score for Pinduoduo is 2.64 while the a...

Do MarketBeat users like Pinduoduo more than its competitors?

MarketBeat users like Pinduoduo stock less than the stock of other Retail/Wholesale companies. 61.03% of MarketBeat users gave Pinduoduo an outperf...

Is Pinduoduo being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, Pinduoduo's stock had 3 upgrades and 2 downgrades by analysts.

Does Pinduoduo's stock price have much upside?

According to analysts, Pinduoduo's stock has a predicted upside of 31.16% based on their 12-month price targets.

What analysts cover Pinduoduo?

Pinduoduo has been rated by 86 Research , Barclays , Benchmark , Citigroup , CLSA , HSBC , JPMorgan Chase & Co. , Nomura , Nomura Instinet...

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...

What is the Pinduoduo stock symbol?

What is the rating of Pinduoduo?

Pinduoduo trades on the NASDAQ under the ticker symbol "PDD."

What is the official website of Pinduoduo?

Pinduoduo has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

Where is Pinduoduo located?

The official website for Pinduoduo is www.pinduoduo.com.

Who is the founder of Pinduoduo?

Pinduoduo's mailing address is 28 /F NO. 533 LOUSHANGUAN ROAD CHANGNING DISTRICT, SHANGHAI F4, 200051 . The company can be reached via phone at 862152661300 or via email at [email protected].

Does Pinduoduo pay dividends?

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.

Stock Price Forecast

Pinduoduo does not currently pay a dividend.

Analyst Recommendations

The 37 analysts offering 12-month price forecasts for Pinduoduo Inc have a median target of 95.93, with a high estimate of 157.53 and a low estimate of 48.29. The median estimate represents a +85.74% increase from the last price of 51.65.