PDD HOLDINGS INC (PDD) Forecast, Price Target & Analyst Ratings

NASDAQ:PDD • US7223041028

Current stock price

101.04 USD
-3.16 (-3.03%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PDD HOLDINGS INC (PDD).

Forecast Snapshot

Consensus Price Target

Price Target
$145.65
+ 44.15% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 25, 2026
Period
Q1 / 2026
EPS Estimate
CN¥16.80
Revenue Estimate
110.364B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.60%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$145.65
Upside
+ 44.15%
From current price of $101.04 to mean target of $145.65, Based on 43 analyst forecasts
Low
$111.10
Median
$147.90
High
$207.90

Price Target Revisions

1 Month
-2.53%
3 Months
-2.93%

Price Target Summary

43 Wall Street analysts provided a forecast for the next 12 months for PDD. The average price target is 145.65 USD. This implies a price increase of 44.15% is expected in the next year compared to the current price of 101.04.
The average price target has been revised downward by 2.93% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PDD Current Analyst RatingPDD Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15 20

Analyst Ratings History

PDD Historical Analyst RatingsPDD Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30 40 50

Analyst Ratings Consensus

ChartMill Buy Consensus
78.60%
PDD was analyzed by 43 analysts. The buy percentage consensus is at 79. So analysts seem to be have mildly positive about PDD.
In the previous month the buy percentage consensus was at a similar level.
PDD was analyzed by 43 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-01-06Freedom Capital MarketsMaintains Buy -> Buy
2025-11-19B of A SecuritiesMaintains Neutral -> Neutral
2025-08-26BenchmarkReiterate Buy -> Buy
2025-08-26BarclaysMaintains Overweight -> Overweight
2025-08-26B of A SecuritiesMaintains Neutral -> Neutral
2025-08-26New Street ResearchDowngrade Buy -> Neutral
2025-05-28China RenaissanceDowngrade Buy -> Hold
2025-05-28BenchmarkMaintains Buy -> Buy
2025-05-28JP MorganMaintains Neutral -> Neutral
2025-05-27JefferiesMaintains Buy -> Buy
2025-05-12CitigroupUpgrade Neutral -> Buy
2025-03-21BenchmarkReiterate Buy -> Buy
2025-03-21JP MorganMaintains Neutral -> Neutral
2025-03-20US Tiger Securities, IncDowngrade Buy -> Hold
2025-03-20NomuraDowngrade Buy -> Neutral
2025-03-20JefferiesMaintains Buy -> Buy
2024-11-22BenchmarkMaintains Buy -> Buy
2024-11-22JP MorganDowngrade Overweight -> Neutral
2024-11-21JefferiesMaintains Buy -> Buy
2024-10-07MacquarieUpgrade Neutral -> Outperform
2024-08-27BernsteinMaintains Outperform -> Outperform
2024-08-27BenchmarkMaintains Buy -> Buy
2024-08-27BarclaysMaintains Overweight -> Overweight
2024-08-27B of A SecuritiesMaintains Buy -> Buy
2024-08-27CitigroupDowngrade Buy -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 25, 2026
Period
Q1 / 2026
EPS Estimate
CN¥16.80
Revenue Estimate
110.364B
Revenue Q2Q
15.36%
EPS Q2Q
47.23%
Number of Analysts
13

Next Earnings Revisions

Revenue (1 Month)
-1.75%
Revenue (3 Months)
-1.75%
EPS (1 Month)
-7.43%
EPS (3 Months)
-7.43%

Next Earnings Summary

PDD is expected to report earnings on 5/25/2026. The consensus EPS estimate for the next earnings is 16.8 USD and the consensus revenue estimate is 110.36B USD.
The next earnings revenue estimate has been revised downward by 1.75% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
PDD revenue by date.PDD revenue by date.
247.639B
89.68%		393.836B
59.04%		431.846B
9.65%		498.146B
15.35%		561.05B
12.63%		608.063B
8.38%		655.542B
7.81%		660.645B
0.78%		673.272B
1.91%		626.955B
-6.88%		643.135B
2.58%
EBITDA
YoY % growth
PDD ebitda by date.PDD ebitda by date.
60.587B
82.84%		111.064B
83.31%		N/A
-7.40%		123.49B
20.08%		150.526B
21.89%		162.411B
7.90%		142.472B
-12.28%		143.494B
0.72%		142.816B
-0.47%		142.005B
-0.57%		141.059B
-0.67%
EBIT
YoY % growth
PDD ebit by date.PDD ebit by date.
58.699B
93.08%		108.423B
84.71%		94.624B
-12.73%		127.944B
35.21%		154.88B
21.05%		129.894B
-16.13%		130.056B
0.12%		130.189B
0.10%		125.007B
-3.98%		119.442B
-4.45%		N/A
Operating Margin
PDD operating margin by date.PDD operating margin by date.
23.70%27.53%21.91%25.68%27.61%21.36%19.84%19.71%18.57%19.05%N/A
EPS
YoY % growth
PDD eps by date.PDD eps by date.
46.32
68.74%		82.70
78.54%		72.25
-12.64%		82.89
14.72%		97.54
17.68%		108.24
10.97%		117.31
8.37%		122.06
4.05%		126.85
3.93%		131.76
3.87%		136.77
3.79%

All data in CNY

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		16.80
47.23%		21.12
-4.32%		21.21
0.61%		23.19
31.11%		22.59
34.48%		27.33
29.43%		31.78
49.87%		45.12
94.54%
Revenue
Q2Q % growth		110.364B
15.36%		120.395B
15.78%		125.777B
16.16%		142.29B
14.83%		174.579B
58.18%		197.939B
64.41%		209.039B
66.20%		268.508B
88.70%
EBITDA
Q2Q % growth		25.241B
1.43%		31.297B
21.38%		31.835B
25.99%		34.966B
15.33%		35.965B
42.49%		45.357B
44.92%		54.445B
71.02%		75.111B
114.81%
EBIT
Q2Q % growth		22.691B
41.06%		30.494B
18.23%		29.973B
19.77%		34.393B
24.07%		N/AN/AN/AN/A

All data in CNY

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PDD Yearly Revenue VS EstimatesPDD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 200B 400B 600B
PDD Yearly EPS VS EstimatesPDD Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 50 100

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
14.43%
EPS Next 5 Year
11.06%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
11.51%
Revenue Next 5 Year
8.54%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
16.11%
EBIT Next 5 Year
6.70%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

PDD HOLDINGS INC / PDD Forecast FAQ

What is the average price target for PDD HOLDINGS INC (PDD) stock?

43 analysts have analysed PDD and the average price target is 145.65 USD. This implies a price increase of 44.15% is expected in the next year compared to the current price of 101.04.

When does PDD HOLDINGS INC (PDD) report earnings?

PDD HOLDINGS INC (PDD) will report earnings on 2026-05-25, before the market open.

Can you provide the consensus estimates for PDD HOLDINGS INC next earnings?

The consensus EPS estimate for the next earnings of PDD HOLDINGS INC (PDD) is 16.8 USD and the consensus revenue estimate is 110.36B USD.

How do analysts rate PDD HOLDINGS INC (PDD)?

The consensus rating for PDD HOLDINGS INC (PDD) is 78.6047 / 100 . This indicates that analysts generally have a positive outlook on the stock.