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 Q2 SEC filings by fund managers ($100M+ AUM)
92% more first-time investments, than exits
New positions opened: 146 | Existing positions closed: 76
64% more repeat investments, than reductions
Existing positions increased: 275 | Existing positions reduced: 168
29% more capital invested
Capital invested by funds: $44.8B [Q1] → $57.7B (+$12.9B) [Q2]
27% more call options, than puts
Call options by funds: $7.92B | Put options by funds: $6.25B
15% more funds holding in top 10
Funds holding in top 10: 84 [Q1] → 97 (+13) [Q2]
12% more funds holding
Funds holding: 563 [Q1] → 633 (+70) [Q2]
0.19% more ownership
Funds ownership: 7.63% [Q1] → 7.82% (+0.19%) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Macquarie Ellie Jiang 0% 1-year accuracy 0 / 1 met price target | 81%upside $224 | Outperform Upgraded | 7 Oct 2024 |
Barclays Jiong Shao 73% 1-year accuracy 24 / 33 met price target | 28%upside $158 | Overweight Maintained | 27 Aug 2024 |
Benchmark Fawne Jiang 69% 1-year accuracy 43 / 62 met price target | 50%upside $185 | Buy Maintained | 27 Aug 2024 |
Citigroup Alicia Yap 62% 1-year accuracy 8 / 13 met price target | 3%downside $120 | Neutral Downgraded | 27 Aug 2024 |
B of A Securities Joyce Ju 50% 1-year accuracy 3 / 6 met price target | 38%upside $170 | Buy Maintained | 27 Aug 2024 |
Financial journalist opinion
Based on 365 articles about PDD published over the past 30 days