Pinduoduo, Inc.

Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China. The U.S.-listed shares of China-based companies were seeing big and broad gains in premarket trading Friday, after that https://dotbig.com/markets/stocks/PDD/ China’s central bank accepted Ant Group’s application to set up a financial holding company. The U.S.-listed shares of China-based companies enjoyed a broad rally Wednesday, after China regulators released , another sign of easing of the regulatory crackdown on the country’s technology sector. Pinduoduo reported an EPS of $0.437 in its last earnings report, beating expectations of $0.271. Following the earnings report the stock price went up 15.192%.

The mean of analysts’ price targets for Pinduoduo Inc. Sponsored ADR points to a 26.5% upside in the stock.

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Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday DotBig data delayed at least 15 minutes or per exchange requirements. This is used by investors to assess a stock’s market price relative to its earnings.

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Pinduoduo Inc Sponsored Adr Pdd Just Reclaimed The 20

Yahoo Finance’s Jared Blikre breaks down how stocks and international markets are performing on Thursday following earnings results and a surprise rate increase from the ECB. Pinduoduo released its earnings results on May 27, 2022. The company reported $0.437 earnings per share for the quarter, beating the consensus estimate of $0.271 by $0.166. TipRanks is a comprehensive investing tool that allows private investors and day traders to see the measured performance of anyone who provides financial advice. Pinduoduo’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 10 Wall Streets Analysts. Beyond Meat Inc. began selling plant-based pork patties in China on the company’s Tmall store on Tuesday.

  • TipRanks is a comprehensive investing tool that allows private investors and day traders to see the measured performance of anyone who provides financial advice.
  • Yahoo Finance’s Jared Blikre breaks down how stocks and international markets are performing on Thursday following earnings results and a surprise rate increase from the ECB.
  • Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
  • The highest analyst price target is $85.00 ,the lowest forecast is $45.00.
  • The U.S.-listed shares of China-based companies were seeing big and broad gains in premarket trading Friday, after that China’s central bank accepted Ant Group’s application to set up a financial holding company.
  • This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

The highest analyst price target is $85.00 ,the lowest forecast is $45.00. The average price target represents 14.01% Increase from the current price of $54.38. The average price target DotBig for Pinduoduo is $62.00. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months. Intraday Data provided by FACTSET and subject to terms of use.

Key Data

While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts i… A selloff in DiDi Global Inc.’s stock , after https://dotbig.com/markets/stocks/PDD/ the China-based ride-hailing company disclosed into its June 2021 initial public offering, sent other U.S.-listed shares of China-based companies lower.

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