Stock·NASDAQ·Consumer Cyclical
PDD Holdings Inc. (PDD)
- Market cap
- $111.59B
- P/E
- 8.81
- Dividend yield
- None
- Street target
- $115.15median of 35 analysts
- 52-week range
- $71.94 $139.41
PDD stock forecast today
Where PDD stands today, and what CleaRank Financial AI makes of it.
PDD at a glance
PDD Holdings Inc. (PDD): Hold, 53/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($80.93 and $91.58).
- Earnings PDD beat estimates in 2 of its last 5 quarters, yet fell the next day after 1 of those beats.
- Insiders Insiders sold $348K and made no open-market purchases over the last 18 months.
- Valuation P/E of 8.8 against 20.8 for the Consumer Cyclical sector: a discount to peers (-58%).
Figures as of October 27, 2026.
CleaRank Financial AI
CleaRank rates PDD Holdings Inc. (PDD) Hold, with a model score of 53/100.
The analysts' outlook lifts the score most: 20 of 35 analysts rate it a buy and the median target is 46.9% above the price. The trend holds it back most: the price is 14.39% below its 200-day average and 3.13% below its 50-day average, and the 50-day average is 11.63% below the 200-day. The 50-day average stands at $80.93 and the 200-day at $91.58. Over the past year the price fell 43.09%.
Only on CleaRank
Figures we compute ourselves from PDD's own price, earnings and insider-filing history. Tap one to see it in context.
PDD stock price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
0/4Price above its 50-day average ›
The price of $78.40 is 3.1% below the 50-day simple moving average of $80.93.Price above its 200-day average ›
The price is 14.4% below the 200-day simple moving average of $91.58.50-day average above the 200-day ›
The 50-day average ($80.93) is 11.6% below the 200-day average ($91.58), the arrangement of a falling longer-term trend.In the upper half of its 52-week range ›
The price sits at 10% of its 52-week range, between $71.94 and $139.41.
PDD share price
Pick a period: each tab shows how far PDD has moved over it, to the last close.
Today's trading
Where PDD sits inside today's range and its 52-week range.
PDD fundamentals and valuation
Valuation against the sector, and the revenue and earnings behind it.
Valuation and quality checks
3/4P/E below the sector median ›
The trailing P/E of 8.81 is 57.6% below the Consumer Cyclical median of 20.8.P/S below the sector median ›
The price-to-sales ratio of 1.65 is 13.1% below the sector median of 1.9.Profitable over the last 12 months ›
Net income over the last 12 months was $13.8B on revenue of $67.6B, a net margin of 20.4%.Beat estimates in most recent reports ›
PDD beat the EPS estimate in 2 of its last 5 reports.
Key statistics
The headline figures for PDD.
As of October 27, 2026, PDD trades at $78.40, with a market value of $111.59B and a P/E ratio of 8.81.
What the numbers say
CleaRank Financial AI's reading of PDD's valuation, growth and risks.
PDD Holdings Inc. (PDD) trades at a P/E of 8.81, which is 57.6% below the 20.8 median for Consumer Cyclical stocks, a discount to peers. On sales, the P/S of 1.65 is 13.2% below the sector median of 1.9. The company's market capitalisation is $111.6B, and its trailing earnings come to $8.89 per share.
Its net margin of 20.43% and operating margin of 24.71% show how much of each sale it keeps as profit. Return on equity of 22.75% is above the sector median of 12.4%. Debt-to-equity of 0.01 means the balance sheet carries very little borrowing.
In its latest quarterly report, on August 24, 2026, PDD reported EPS of $19.33. That result beat the analysts' figure by 5.34%. The market agreed: the stock rose 0.78% the following session.
Over its last 5 reports, PDD topped the estimate 2 times; even so, 1 of those 2 beats was followed by a lower share price the next session. Earlier, the stock fell 4.95% after the May 27, 2025 report, a miss of 39.82%.
Normal swings for PDD run at about 1.53% a day. Until the price regains its moving averages, the trend works against holders. The price is 43.76% below its 52-week high of $139.41. Insiders sold $348K over the last 18 months and bought none on the open market, though sales of this kind are often planned in advance and say less than purchases would.
PDD against the Consumer Cyclical sector
How PDD compares with the median Consumer Cyclical stock CleaRank tracks.
Price to earnings vs sector: PDD trades at a notable discount to sector peers (-58%), which may indicate undervaluation or specific company headwinds.
Return vs SPY: Since May 15, 2025, PDD has lost 33.5% against a gain of 30.4% for SPY.
Performance against SPY
PDD and the S&P 500 (SPY) over the same days.
Revenue and earnings
How much PDD sells, and how much of it becomes profit.
The quarterly bars end with Q1 '26 (the quarter to March 31, 2026); PDD reported again on August 24, 2026, and that quarter is not in our statement data yet. The 12-month figures come from the statistics feed and may include it.
Revenue growth: Revenue grew 9.7% in FY2025 to CN¥432B, from CN¥394B a year earlier.
Profit margin: The net margin was 22.7% in FY2025, down from 28.5% the year before.
Profitable: PDD earned CN¥97.8B in FY2025.
Earnings reality check
Did PDD beat what analysts expected, and how did the stock react?
Earnings record: PDD beat the analyst estimate in 2 of the last 5 quarters.
Market reaction: The stock fell in the first session after 1 of those 2 beats, so a beat has not been enough on its own.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Aug 24, 2026after close | $18.35 | $19.33 | +5.34% | +0.78% | -3.53% |
| May 27, 2026after close | $16.37 | $9.51 | -41.91% | -4.13% | -1.40% |
| Aug 25, 2025after close | $14.80 | $22.07 | +49.12% | -3.35% | -5.09% |
| May 27, 2025after close | $18.96 | $11.41 | -39.82% | -4.95% | -4.52% |
| Nov 21, 2024after close | $19.67 | $18.59 | -5.49% | -3.86% | -7.23% |
As of October 27, 2026, PDD has beaten the analyst EPS estimate in 2 of its last 5 reported quarters and fell in the first trading session after 1 of those beats; its latest report, on August 24, 2026, came in 5.34% above the estimate and the stock moved +0.78% in the first session.
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
PDD AI analysis and technical indicators
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 44.0, in neutral territory.RSI above 50 ›
An RSI of 44.0 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank Financial AI analysis of PDD
The score, the reasoning behind it, and what could move the price next.
PDD Holdings Inc. (PDD) is in a downtrend: the price of $78.40 sits 14.39% below its 200-day average of $91.58 and 3.13% below its 50-day average of $80.93. Near the floor of its 52-week range, the stock is 8.98% above the low of $71.94 yet 43.76% below the high of $139.41.
Recent gains sit against a weaker longer record: the price rose 1.07% over the past month, fell 8.53% over the past three months and fell 43.09% over the past year. Volume in the last session ran 36.8% below its average, on a day the price rose 0.35%. The 14-day RSI of 44.0 is in the neutral zone, and the MACD line is negative.
Earnings beat ›
The August 24, 2026 report beat the EPS estimate by 5.34%, and the share price rose 0.78% in the first session after it.
Source: Earnings report, August 24, 2026
Analyst downgrade ›
Daiwa Capital downgraded it to Hold from Buy on June 24, 2026.
Source: Analyst action, Daiwa Capital, June 24, 2026Analyst downgrade ›
Daiwa Capital downgraded it to Hold from Buy on June 23, 2026.
Source: Analyst action, Daiwa Capital, June 23, 2026
- Watch the two nearest levels: the 20-day EMA at $79.65 above the price and the 52-week low at $71.94 below it.
- The 14-day RSI reads 44.0, in the neutral zone, with the MACD line negative; readings above 70 or below 30 mark stretched momentum.
- The share price climbed 0.78% in the first session after the August 24, 2026 report. Across the last 5 reports, PDD has beaten estimates in 2 of them.
PDD is under pressure on the trend, trading below its 50-day and 200-day moving averages ($80.93 and $91.58). Getting back above the 50-day would be the first sign that the trend is repairing. For now, the nearest level above the price is the 20-day EMA at $79.65.
The 52-week low at $71.94 is the next level below.
Technical indicators
Momentum and trend for PDD, from its daily closes.
As of October 27, 2026, with PDD at $78.40, its 14-day RSI is 44.0 (neutral territory), its 50-day simple moving average is $80.93 and its 200-day is $91.58.
Calculated by CleaRank on daily closes as of October 27, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26). How we calculate these
What PDD moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 27, 2026, PDD's 1-year correlation of daily returns is +0.23 with S&P 500 (SPY), +0.23 with Nasdaq 100 (QQQ), +0.17 with Bitcoin (BTC) and +0.11 with gold (XAU).
PDD price target and analyst forecast
The analysts' target range and how their ratings split.
Analysts checks
2/3Most analysts rate it a buy ›
20 of 35 analysts rate it a buy or strong buy, 13 a hold and 2 a sell.Median target above the price ›
The median 12-month target of $115.15 is 46.9% above the price.More buy ratings than three months ago ›
20 of 35 rate it a buy now, against 22 of 37 three months ago.
PDD Wall Street View
12-month price targets
The price, $78.40, sits below every analyst's target.
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Sep 10, 2026 | JP Morgan | Maintains | Neutral |
| Aug 25, 2026 | Benchmark | Maintains | Buy |
| Jun 24, 2026 | Daiwa Capital | Downgrade | Hold |
| Jun 23, 2026 | Daiwa Capital | Downgrade | Hold |
| Jun 16, 2026 | BNP Paribas | Initiates | Underperform |
| May 28, 2026 | Barclays | Downgrade | Equal-Weight |
As of October 27, 2026, 35 Wall Street analysts cover PDD: 20 rate it a buy or strong buy, 13 a hold and 2 a sell or strong sell. Their 12-month price targets range from $85.86 to $151.48. The median PDD price target is $115.15, 46.9% above the price of $78.40.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
PDD trade plan: entry, stop loss and targets
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
PDD trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Entry Strategies pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from PDD's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much PDD tends to move, against the market and on its own.
PDD price history and drawdowns
PDD's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
2/4Average daily move under 2% ›
The price has moved 1.53% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 86.3%, from February 2021 to March 2022; the price is still 60.7% below that peak.Most 1-year holds ended higher ›
63% of 1-year holding periods in the last 8 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in July 2018 is now worth $29,262, against $30,570 in the S&P 500 (SPY).
PDD Drawdowns & Recovery
As of October 27, 2026, PDD's worst peak-to-trough fall over the period since July 2018 with dividends reinvested was -86.3% (February 2021 to March 2022); it is still 60.7% below that peak, and 63% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into PDD in July 2018 is worth now, against the same amount in the S&P 500.
Against the market: PDD trailed the S&P 500 over this period: $29,262 against $30,570.
A $10,000 investment in PDD in July 2018 would be worth about $29,262 today with dividends reinvested, compared with about $30,570 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to PDD, and which have not.
Strongest month, November: an average of +14.57%, up in 4 of 8 years.
Weakest month, March: an average of -11.25%, up in 1 of 8 years.
This month, October: has averaged +3.73%, up in 6 of 8 years. Past seasonality does not repeat on schedule.
Over the last 9 years, PDD's strongest calendar month has been November (average +14.57%, up in 4 of 8 years) and its weakest March (average -11.25%, up in 1 of 8 years).
Average return for each calendar month over the last 9 years, from weekly closing prices with dividends included.
PDD stock price prediction 2030
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in PDD, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 4-year Monte Carlo simulation, based on 8 years of price history, projects that a $10,000 investment in PDD today could grow to about $14,090 by 2030 in the base case, with a 90th-percentile outcome near $50,757 and a 10th-percentile outcome around $3,911. Projections are statistical simulations, not guarantees.
PDD Stock Price Prediction 2030: Simulated Scenarios
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $110 for PDD by 2030 in the base case, from $78.40 today (1.4x over 4 years). The 10th-percentile path ends near $30.66. These are outcomes of a Monte Carlo simulation run on PDD's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $45.00 | $85.42 | $162 | |
| 2028 | $37.60 | $93.06 | $230 | |
| 2029 | $33.42 | $101 | $308 | |
| 2030 | $30.66 | $110 | $398 |
Method: a lognormal simulation of PDD's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. PDD is highly volatile, so its upside column reaches an extreme multiple; treat it as a statistical tail, not an expectation. How the simulation works
PDD insider trading
What the people running the company have bought and sold.
PDD insider trading
Shares the company's directors and officers bought and sold, from their own filings.
Month by month
Open-market purchases above the line, sales below.
Net insider selling: No insider bought PDD shares on the open market in the last 18 months. Sales are often planned in advance or cover tax on vesting shares, so they say less than purchases would.
As of October 27, 2026, PDD insiders reported 3 open-market sales worth $348K and no open-market purchases over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Sep 3, 2026 | Anthony Ping Leung Kam
Director
|
Sell | 1.7K | $140.2K |
| Sep 1, 2026 | Anthony Ping Leung Kam
Director
|
Grant | 1.7K | - |
| Jul 31, 2026 | George Yong-Boon Yeo
Director
|
Grant | 1.6K | - |
| Mar 30, 2026 | Anthony Ping Leung Kam
Director
|
Sell | 1.5K | $152.4K |
| Mar 30, 2026 | Ivonne M.c.m. Rietjens
Director
|
Sell | 560 | $55.8K |
Source: TwelveData, from reported insider filings
PDD stock forecast: questions people ask
Answered from the figures on this page, as of October 27, 2026.