PDD Holdings Inc. Sponsored ADR (NASDAQ:PDD – Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as $83.61 and last traded at $86.61, with a volume of 40318000 shares trading hands. The stock had previously closed at $96.64.
Key PDD News
Here are the key news stories impacting PDD this week:
- Positive Sentiment: PDD reported 11% year-over-year revenue growth, showing the business is still expanding despite a tougher operating backdrop. PDD Holdings Inc (PDD) Q1 2026 Earnings Call Highlights: Revenue Growth Amidst Profit Challenges
- Positive Sentiment: The company announced a three-year supply chain investment program, which could support long-term efficiency and operating control if execution is strong. PDD Holdings shares slide after revenue and profit miss
- Neutral Sentiment: Large call-option activity suggested traders were positioning for a bigger move around earnings, but the flow itself does not clearly indicate a bullish or bearish long-term view. MarketBeat PDD options activity
- Negative Sentiment: PDD’s Q1 earnings missed estimates sharply, with reported EPS far below consensus, raising concerns about profitability and margin pressure. PDD Q1 earnings results
- Negative Sentiment: Revenue also missed Wall Street expectations, reinforcing worries that growth is not keeping pace with investor hopes. PDD Holdings shares slide after revenue and profit miss
- Negative Sentiment: Media reports highlighted weaker-than-expected profit amid fierce competition in China, adding to concerns that pricing and demand conditions may remain challenging. Temu Owner PDD Posts Profit Miss Amid Fierce Competition in China
Wall Street Analyst Weigh In
PDD has been the subject of several research analyst reports. Nomura upgraded PDD from a “neutral” rating to a “buy” rating and set a $136.00 price target for the company in a report on Friday, March 27th. Morgan Stanley set a $129.00 price target on PDD in a report on Wednesday. The Goldman Sachs Group restated a “buy” rating on shares of PDD in a report on Thursday. Wall Street Zen cut PDD from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Arete Research upgraded PDD from a “neutral” rating to a “buy” rating and set a $121.00 price target for the company in a report on Friday, April 17th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, PDD currently has an average rating of “Moderate Buy” and an average target price of $133.92.
PDD Trading Down 10.4%
The stock has a market cap of $123.28 billion, a P/E ratio of 9.21, a P/E/G ratio of 0.91 and a beta of 0.04. The company has a 50-day moving average price of $99.13 and a two-hundred day moving average price of $106.92.
Hedge Funds Weigh In On PDD
Hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC grew its position in PDD by 595.0% in the 4th quarter. GAMMA Investing LLC now owns 278 shares of the company’s stock valued at $32,000 after acquiring an additional 238 shares during the last quarter. Binnacle Investments Inc grew its position in PDD by 281.7% in the 3rd quarter. Binnacle Investments Inc now owns 271 shares of the company’s stock valued at $36,000 after acquiring an additional 200 shares during the last quarter. Smartleaf Asset Management LLC grew its position in PDD by 230.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 377 shares of the company’s stock valued at $43,000 after acquiring an additional 263 shares during the last quarter. Wexford Capital LP bought a new position in PDD in the 3rd quarter valued at $44,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in PDD in the 4th quarter valued at $44,000. Institutional investors own 39.83% of the company’s stock.
About PDD
PDD (NASDAQ: PDD) is the holding company best known for operating Pinduoduo, a China-based, mobile-first e-commerce platform that emphasizes interactive, social shopping and group-buying mechanics to drive user engagement and low prices. Founded in 2015 by entrepreneur Colin Huang, the business has grown by connecting consumers directly with merchants and manufacturers, with particular emphasis on value-oriented goods and fresh agricultural produce. The company is based in Shanghai and completed a U.S.
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