Your Best Stock
$78.15
−$1.05 (-1.33%)
Market open · Sep 24, 2:00 pm ET
After hours $79.40 +0.25%
Open$78.90
Prev close$79.20
Day range$77.79 – $79.22
Volume2.54M
Market cap$111.24B
P/E (TTM)8.4
Dividend yield–

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

PDD at a glance

Shares of PDD Holdings are down 1.33% at $78.15. The company is worth $111.24B, number 140 out of 300 on our list.

It is close to the bottom of its 52-week range ($71.94 to $139.41), 43.9% under the high. Holders are behind 40.3% over twelve months, but up 3.2% across the last three months.

On the chart it has slipped under both the 50-day ($84.83) and 200-day ($95.81) moving averages; RSI is 41, and the last 30 sessions moved at roughly 29% annualized volatility.

Revenue for the quarter ended Jun 2026 was CN¥112.36B, up 8.1% from a year earlier, with CN¥27.18B of net profit (a 20.4% margin).

Valuation works out to 8.4 times trailing earnings. The median for its industry group is 34.8.

14 analysts follow the stock and the average call is "buy". The mean target, $111.57, sits 42.8% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

PDD Holdings: the business

PDD Holdings owns Pinduoduo, a Chinese discount e-commerce app, and Temu, which sells low-priced goods to overseas shoppers.

What tends to move it. Temu's growth in the face of U.S. tariff changes and price competition in China are what people follow.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-1.3%
1 week
-0.8%
1 month
-10.2%
3 months
+3.2%
6 months
-20.3%
Year to date
-31.1%
1 year
-40.3%
Day range
$77.79$79.22
52-week range
$71.94$139.41

Technical signals

Full technicals →
Trend readStrong downtrend

1 bullish · 6 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-3.3%Bearish
Price vs 50-day average-7.9%Bearish
Price vs 200-day average-18.4%Bearish
50-day vs 200-day50d below 200dBearish
RSI (14)41.4Bearish
MACD (12,26,9)-1.86Bullish
Bollinger band position26%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$78.14 / $78.16
Average price today$78.33
Volume2.54MAvg (90d) 8.14M
Turnover$198.78M
Turnover rate0.33%of shares outstanding
Volume ratio0.47vs. recent average pace
Day amplitude1.81%
Market cap$111.24B
Float market cap$59.67B
Shares outstanding763.55M
EPS (TTM)$9.83
P/E (TTM)8.43
P/B1.67
Book value / share$46.84
Earnings yield0.20%
Net profit (TTM)$13.99B
Net assets$66.68B
30-day volatility28.7%annualized
Avg daily range (ATR)2.17%of price, 14 days
Max drawdown (1y)-46.9%-43.4% from 1y peak

Quote as of Sep 24, 2026 2:00 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How PDD ranks on BeStock

Market value#140 of 300
P/E (cheapest = 1)#5 of 283
Closeness to 52-week high#295 of 300
Dollar volume today#178 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026 · reported in CNY

RevenueCN¥112.36B+8.1% YoY
Operating profitCN¥27.76B+7.6% YoY
Net profitCN¥27.18B-11.6% YoY
Diluted EPSCN¥18.44-11.2% YoY
Free cash flowCN¥25.67B+18.6% YoY
Operating cash flowCN¥25.67B

Revenue, last 8 quarters

CN¥99.4BSep '24CN¥110.6BDec '24CN¥95.7BMar '25CN¥104.0BJun '25CN¥108.3BSep '25CN¥123.9BDec '25CN¥106.2BMar '26CN¥112.4BJun '26

Net profit, last 8 quarters

CN¥25.0BSep '24CN¥27.4BDec '24CN¥14.7BMar '25CN¥30.8BJun '25CN¥29.3BSep '25CN¥23.0BDec '25CN¥12.5BMar '26CN¥27.2BJun '26

Profitability & balance sheet

Gross margin56.3%
Operating margin21.9%
Net margin20.4%
Return on equity22.7%
Return on assets15.0%
Return on invested capital16.9%
Current ratio2.62
Liabilities / assets32.5%
Cash & investmentsCN¥456.41B
Total debtCN¥2.39B
Net cash (debt)CN¥454.03B
Free cash flow / sales24.6%

Where the revenue comes from

Quarter 2025/FY

By business line

  • Online marketing services and othersCN¥217.78B 50.4%
  • Transaction ServicesCN¥214.06B 49.6%
Average move on report day±10.3%last 16 reports
Closed higher9 of 1656% of the time
Best reaction+19.0%
Worst reaction-28.5%

Stock move on the day after each report

-10.6%2024/Q3+4.0%2024/Q4-13.6%2025/Q1+0.9%2025/Q2-7.3%2025/Q3+4.6%2025/Q4-10.4%2026/Q1-1.5%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings8.4x
CheapRich

Near the bottom of its 5-year range · 11th percentile, 5-year average -28.3x

#403 of 2974 stocks by PE (1 = cheapest)

Price / book1.7x
CheapRich

Near the bottom of its 5-year range · 0th percentile, 5-year average 5.3x

#2517 of 5302 stocks by PB (1 = cheapest)

Price / sales1.7x
CheapRich

Near the bottom of its 5-year range · 0th percentile, 5-year average 4.4x

#2194 of 5139 stocks by PS (1 = cheapest)

P/E over five years

-817x-477x-137x203xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$141.00
Price vs. fair value-44.6%Trading below the estimate
Star rating★★★★☆
Economic moatNarrow
UncertaintyVery High

Analyst view

All ratings →
ConsensusBuy
Analysts14
Average target$111.57+42.8% vs. price
  • Buy 43%
  • Hold 57%
Low $80.00Now $78.15Avg $111.57High $148.40

Latest rating actions

  • 10 Sep 2026J.P. MorganHOLD · PT $95.00
  • 7 Sep 2026Arete ResearchHOLD · PT $93.00
  • 27 Aug 2026BofA SecuritiesHOLD · PT $117.00
  • 26 Aug 2026CGS InternationalBUY · PT $114.00
  • 26 Aug 2026BofA SecuritiesHOLD · PT $117.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership44.5%-0.40 pts vs. prior quarter
Institutions holding727-7 vs. prior quarter
Insider trades (recent)0 buys / 2 sellsNet selling
Short interest2.23% of floatDays to cover 4.3 · as of 31 Aug 2026
Short-sale volume share14.8%5-day average of daily volume

Short-sale volume as % of daily volume

9%13%18%23%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$45.13M (10 inflow days, 10 outflow days).

Latest headlines

More news →
  • Arete Research Downgrades PDD Holdings(PDD.US) to Hold Rating, Cuts Target Price to $93Market news · 8 Sep 2026
  • [Major Banks] UBS Group cuts PDD Holdings (PDD.US) price target to $146; Temu GMV growth slows significantly from JulyAASTOCKS · 17 Sep 2026
  • J.P. Morgan Maintains PDD Holdings(PDD.US) With Hold Rating, Cuts Target Price to $95Market news · 10 Sep 2026
  • BofA Securities Maintains PDD Holdings(PDD.US) With Hold Rating, Raises Target Price to $117Market news · 27 Aug 2026
  • BofA Securities Maintains PDD Holdings(PDD.US) With Hold Rating, Maintains Target Price $117Market news · 27 Aug 2026
  • A Quick Look at Today's Ratings for PDD Holdings(PDD.US), With a Forecast Between $89 to $136Market news · 26 Aug 2026

PDD stock: common questions

Where is PDD trading right now?

$78.15 is the latest print for PDD, a move of -1.33% against yesterday's close of $79.20. Today's low and high so far: $77.79 and $79.22.

How big is PDD Holdings?

Equity value comes to $111.24B at the current price. By that measure it is number 140 of the 300 names in our coverage.

What multiple of earnings does PDD sell for?

Buyers pay 8.4 times the last twelve months of profit (EPS $9.83).

How far is PDD from its yearly high?

The year's floor is $71.94 and the ceiling $139.41. Shares are 43.9% away from that ceiling.

Are there dividends on PDD Holdings shares?

Our data shows no dividend paid by PDD Holdings over the trailing twelve months.

Do Wall Street analysts like PDD?

Of 14 analysts, 43% say buy, 57% hold and 0% sell. Price targets average $111.57, with the most cautious at $80.00 and the most optimistic at $148.40.

How does PDD Holdings make money?

PDD Holdings owns Pinduoduo, a Chinese discount e-commerce app, and Temu, which sells low-priced goods to overseas shoppers.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

Scroll to Top