- PDD Holdings Inc. (PDD, Financial) reports better-than-expected earnings per share, surpassing analyst forecasts.
- Despite revenue falling short, PDD demonstrates strong long-term growth initiatives.
- Wall Street analysts project significant upside potential, with a consensus "Outperform" rating.
PDD Holdings Inc. (PDD) reported a stellar earnings performance, achieving an earnings per share of RMB 20.15 for Q4 2024. While revenue came in at RMB 110.6 billion, slightly below market predictions, the company's firm commitment to long-term growth shines through its comprehensive merchant support initiatives and solid financial outcomes throughout the year.
Wall Street Analysts Forecast
An in-depth analysis of one-year price targets from 37 analysts reveals a promising outlook for PDD Holdings Inc. (PDD, Financial). The average target price is set at $153.82, with high and low estimates of $233.40 and $105.28, respectively. This average target suggests a potential upside of 55.91% from its current standing at $98.66. For more detailed forecast data, please visit the PDD Holdings Inc (PDD) Forecast page.
The collective recommendation from 40 brokerage firms places PDD Holdings Inc. at an "Outperform" status with an average rating of 2.0. This rating falls on a scale where 1 denotes a Strong Buy and 5 indicates a Sell, showcasing optimistic expectations from analysts.
From a valuation perspective, GuruFocus estimates the GF Value for PDD Holdings Inc. (PDD, Financial) one year from now to be $240.69. This points to a significant upside of 143.96% over its current price of $98.66. The GF Value represents GuruFocus's calculated fair value, which incorporates the stock's historical trading multiples, past business growth, and anticipated future performance. For more detailed insights, explore the PDD Holdings Inc (PDD) Summary page.
