PDD (NASDAQ:PDD) Stock Sees Heavy Call Option Buying

Posted by George Bondi on Nov 2nd, 2026

PDD Holdings Inc. Sponsored ADR (NASDAQ:PDD – Get Free Report) saw unusually large options trading activity on Monday. Investors acquired 44,077 call options on the company. This is an increase of 33% compared to the average volume of 33,086 call options.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on PDD. JPMorgan Chase & Co. decreased their price target on shares of PDD from $110.00 to $95.00 and set a “neutral” rating for the company in a report on Thursday, September 10th. Weiss Ratings raised PDD from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, October 27th. Benchmark reduced their target price on PDD from $127.00 to $114.00 and set a “buy” rating on the stock in a report on Tuesday, August 25th. Zacks Research upgraded PDD from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 25th. Finally, Bank of America reissued a “neutral” rating on shares of PDD in a research note on Wednesday, August 26th. Six research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, PDD has an average rating of “Hold” and a consensus price target of $110.31.

Read Our Latest Analysis on PDD

Institutional Investors Weigh In On PDD

A number of hedge funds and other institutional investors have recently made changes to their positions in PDD. Grove Bank & Trust bought a new stake in PDD in the 2nd quarter valued at $38,000. Integrated Wealth Concepts LLC acquired a new position in shares of PDD during the second quarter worth about $52,000. Ramsey Quantitative Systems acquired a new position in shares of PDD during the second quarter worth about $53,000. GK Wealth Management LLC bought a new position in shares of PDD during the third quarter worth about $55,000. Finally, FNY Investment Advisers LLC grew its holdings in shares of PDD by 166.7% during the second quarter. FNY Investment Advisers LLC now owns 1,600 shares of the company’s stock worth $122,000 after buying an additional 1,000 shares in the last quarter. 39.83% of the stock is currently owned by institutional investors and hedge funds.

PDD Stock Performance

NASDAQ PDD traded up $3.07 during trading hours on Monday, reaching $81.68. 7,491,577 shares of the company’s stock were exchanged, compared to its average volume of 7,609,776. The company’s 50-day moving average is $80.30 and its two-hundred day moving average is $91.18. PDD has a one year low of $71.94 and a one year high of $139.12. The company has a market capitalization of $116.26 billion, a price-to-earnings ratio of 9.00, a price-to-earnings-growth ratio of 0.62 and a beta of -0.05.

PDD (NASDAQ:PDD – Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported $2.84 earnings per share for the quarter. PDD had a net margin of 20.73% and a return on equity of 22.29%. The firm had revenue of $16.54 billion for the quarter. Research analysts predict that PDD will post 10.02 earnings per share for the current fiscal year.

PDD Company Profile

(Get Free Report)

PDD Holdings Inc is a multinational commerce group that operates online marketplace platforms connecting consumers with merchants, manufacturers and agricultural producers. The company’s platforms use interactive shopping features, including group purchasing and personalized product discovery, to offer a broad range of merchandise at competitive prices.

PDD Holdings’ businesses include Pinduoduo, an e-commerce platform serving consumers in China, and Temu, an online marketplace launched in 2022 that serves consumers across multiple international markets, including North America, Europe and other regions.