PDD Holdings Announces Third Quarter 2024 Unaudited Financial Results
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Pinduoduo Inc. (PDD) PT Lowered to $93 at CFRA
November 22, 2024 10:53 AM ESTCFRA analyst Jian Xiong Lim lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $93.00 (from $113.00) while maintaining a Sell rating.
The analyst comments "We lower our target price to USD93 (from USD113), 6.3x 2025 EV/EBITDA (peer median: 9.5x), factoring in potential earnings... More
Pinduoduo Inc. (PDD) PT Lowered to $160 at Benchmark
November 22, 2024 6:54 AM ESTBenchmark analyst Fawne Jiang lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $160.00 (from $185.00) while maintaining a Buy rating.
The analyst comments "DD stock saw a significant sell-off yesterday following its 3Q24 results, which were moderately below expectations. The underperformance was primarily due to slower-than-expected international growth... More
Pinduoduo Inc. (PDD) PT Lowered to $125 at Citi
November 21, 2024 2:33 PM ESTCiti analyst Alicia Yap lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $125.00 (from $147.00) while maintaining a Neutral rating.
The analyst comments "PDD reported a softer-than-expected 3Q24 with total revs/non-GAAP NP missing consensus by 3%/6% attributed to adverse impact from the... More
Citi Reiterates Neutral Rating on Pinduoduo Inc. (PDD), PT $147
November 21, 2024 7:51 AM ESTCiti analyst Alicia Yap reiterated a Neutral rating and $147.00 price target on Pinduoduo Inc. (NASDAQ: PDD)
The analyst comments "PDD reported a softer than expected 3Q24 with total revs +44% yoy to Rmb99.4bn, inline/3% below our/consensus estimates of Rmb99.8bn/Rmb102.8bn,... More
Pinduoduo (PDD) Misses Q3 EPS by RMB0.99
November 21, 2024 6:52 AM ESTPinduoduo (NASDAQ: PDD) reported Q3 EPS of RMB18.59, RMB0.99 worse than the analyst estimate of RMB19.58. Revenue for the quarter came in at RMB99.35 billion versus the consensus estimate of RMB102.87 billion.
For earnings history and earnings-related data on Pinduoduo (PDD) click here.
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