PinduoduoPDD
About: PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses. PDD aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.
Employees: 17,403
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
51% more call options, than puts
Call options by funds: $11.1B | Put options by funds: $7.37B
6% more repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 218
0.56% less ownership
Funds ownership: 8.03% [Q2] → 7.48% (-0.56%) [Q3]
8% less funds holding
Funds holding: 635 [Q2] → 586 (-49) [Q3]
8% less capital invested
Capital invested by funds: $59.3B [Q2] → $54.6B (-$4.7B) [Q3]
20% less funds holding in top 10
Funds holding in top 10: 97 [Q2] → 78 (-19) [Q3]
34% less first-time investments, than exits
New positions opened: 97 | Existing positions closed: 146
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
JP Morgan Andre Chang 25% 1-year accuracy 1 / 4 met price target | 6%upside $105 | Neutral Downgraded | 22 Nov 2024 |
Benchmark Fawne Jiang 71% 1-year accuracy 29 / 41 met price target | 62%upside $160 | Buy Maintained | 22 Nov 2024 |
Jefferies Thomas Chong 30% 1-year accuracy 3 / 10 met price target | 73%upside $171 | Buy Maintained | 21 Nov 2024 |
Macquarie Ellie Jiang 60% 1-year accuracy 3 / 5 met price target | 126%upside $224 | Outperform Upgraded | 7 Oct 2024 |
Financial journalist opinion
Based on 46 articles about PDD published over the past 30 days