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PDD Holdings Inc. (PDD)

84.44 +1.41 (+1.70%)
At close: May 29 at 4:00:00 PM EDT
84.76 +0.32 (+0.38%)
After hours: May 29 at 7:59:33 PM EDT
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News headlines PDD Holdings is facing significant legal challenges and regulatory scrutiny as its Temu platform deals with a copyright infringement lawsuit from Shein and a €200 million fine from the EU. These issues come on the heels of disappointing Q1 earnings results, where revenue and profit missed analyst expectations.

PDD Holdings is facing significant legal challenges and regulatory scrutiny as its Temu platform deals with a copyright infringement lawsuit from Shein and a €200 million fine from the EU. These issues come on the heels of disappointing Q1 earnings results, where revenue and profit missed analyst expectations.

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  • Previous Close 83.03
  • Open 83.01
  • Bid 73.01 x 100
  • Ask 96.60 x 100
  • Day's Range 82.21 - 85.82
  • 52 Week Range 81.56 - 139.41
  • Volume 28,959,766
  • Avg. Volume 8,441,461
  • Market Cap (intraday) 120.192B
  • Beta (5Y Monthly) 0.03
  • PE Ratio (TTM) 8.87
  • EPS (TTM) 9.52
  • Earnings Date (est.) Aug 25, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 122.74

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. The company operates Pinduoduo platform, which provides various product categories and interactive shopping experiences; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

www.pddholdings.com

25,474

Full Time Employees

December 31

Fiscal Year Ends

Performance Overview

Trailing total returns as of 5/31/2026, which may include dividends or other distributions. Benchmark is MSCI WORLD (^990100-USD-STRD) .

YTD Return

PDD
25.82%
MSCI WORLD (^990100-USD-STRD)
9.80%

1-Year Return

PDD
12.51%
MSCI WORLD (^990100-USD-STRD)
25.91%

3-Year Return

PDD
24.86%
MSCI WORLD (^990100-USD-STRD)
73.70%

5-Year Return

PDD
32.38%
MSCI WORLD (^990100-USD-STRD)
0.00%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized
 

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue 106.23B
Earnings 14.07B

Q2

FY25

Q3

FY25

Q4

FY25

Q1

FY26

0
20B
40B
60B
80B
100B
120B
 

Analyst Insights

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Analyst Price Targets

87.18
122.74 Average
84.44 Current
170.33 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Latest Rating

Date 5/28/2026
Analyst Barclays
Rating Action Downgrade
Rating Equal-Weight
Price Action Lowers
Price Target 165 -> 89
 

Statistics

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Valuation Measures

Annual
As of 5/29/2026
  • Market Cap

    120.19B

  • Enterprise Value

    56.63B

  • Trailing P/E

    8.87

  • Forward P/E

    8.18

  • PEG Ratio (5yr expected)

    0.79

  • Price/Sales (ttm)

    1.92

  • Price/Book (mrq)

    1.92

  • Enterprise Value/Revenue

    0.87

  • Enterprise Value/EBITDA

    3.18

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    21.62%

  • Return on Assets (ttm)

    10.33%

  • Return on Equity (ttm)

    25.40%

  • Revenue (ttm)

    442.4B

  • Net Income Avi to Common (ttm)

    95.65B

  • Diluted EPS (ttm)

    9.52

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    436.07B

  • Total Debt/Equity (mrq)

    1.21%

  • Levered Free Cash Flow (ttm)

    71.64B

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Company Insights

Fair Value

84.44 Current
 

Dividend Score

0 Low
Sector Avg.
100 High
 

Hiring Score

0 Low
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
Sector Avg.
100 High
 

Research Reports

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  • PDD's Temu Business Value Is Not Priced In

    PDD Holdings operates commerce businesses globally. Its main operations are Pinduoduo, a social commerce platform in China, and Temu, a global e-commerce marketplace. PDD also has a community group purchase business in China. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses. PDD has also started its first-party brand business for global markets.

    Rating
    Price Target
     
  • PDD Earnings: Margin Pressure From Investment and Lower Take Rate; Valuation Cut by 8%

    PDD Holdings operates commerce businesses globally. Its main operations are Pinduoduo, a social commerce platform in China, and Temu, a global e-commerce marketplace. PDD also has a community group purchase business in China. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses. PDD has also started its first-party brand business for global markets.

    Rating
    Price Target
     
  • PDD Earnings: In‑Line Results, With Margin Recovery Taking Shape; Shares Cheap

    PDD Holdings operates commerce businesses in over 80 countries globally. Its main operations are Pinduoduo, a social commerce platform in China, and Temu, a global e-commerce marketplace. PDD also has a community group purchase business in China. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.

    Rating
    Price Target
     
  • PDD Holdings: Facing Heightened Regulatory Risk as Probe Deepens

    PDD Holdings operates commerce businesses in over 80 countries globally. Its main operations are Pinduoduo, a social commerce platform in China, and Temu, a global e-commerce marketplace. PDD also has a community group purchase business in China. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.

    Rating
    Price Target
     

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