PDD (PDD) Stock Analysis & Forecast

PDD Holdings Inc. Retail trade sector. Market cap $112.3B.

$78.90+1.17 (+1.5%)

Close on Sep 18, 2026. Page updated Sep 19, 9:18 pm ET.

Gekko Brief

AI summary

PDD closes at $78.90, up 1.5%, sitting below both its 50-day average of $85.12 and its 200-day average of $96.38, with the 50-day itself below the 200-day. The GekkoIndex reads 66.6, placing it in the Accumulation zone, down 4.5 over the past five readings. Fair value analysis puts Gekko Fair Value at $149.78, leaving price 47.3% below that mark. Over the past year the stock is down 41.5%, with a six-month decline of 19% and a one-month decline of 12.5%.

This week's coverage centers on broader movement in U.S.-listed Chinese internet names, with Alibaba up 3% to $111.39 and PDD and JD.com ticking up alongside it. Separately, ownership shifts surfaced: National Pension Service trimmed its PDD stake by 8.9% in the second quarter of 2026, selling 18,780 shares to retain 191,375 shares valued at $14.6 million, while California State Teachers Retirement System increased its holding by 5,977.1%, adding 21.65 million shares to reach a $1.68 billion stake and 1.55% ownership. Commentary also flagged the stock trading below its 50-day average with a short-bias technical setup.

Looking ahead, PDD's next earnings date falls on 18 November 2026, before the open, 59 days out and beyond a typical 20-trading-day holding window. Last quarter's actual EPS of $2.72 beat the $2.69 estimate, with an average absolute reaction of 7.6% across recent reports. No insider, Congress, or options signals appear in the current 30-day and 90-day windows. Seasonally, the next 20 trading days have averaged a 4.6% gain over five years, rising in three of those years. Fourteen analysts carry a consensus target of $114.71, split between 6 buy and 8 hold ratings.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $78.90200-day averageGekko Fair Value $149.78

Key stats

Market cap
$112.3B
P/E ratio
8.5
Forward P/E
6.2
EPS, TTM
$9.16
Revenue, TTM
$450.8B
Profit margin
20.4%
Dividend yield
Beta
-0.01
Volume
7.79M avg 7.15M
1-year return
−41.5%
Typical daily move
±2.2%
Typical 20-day move
±9.5%
50-day average
$85.12
200-day average
$96.38
Next earnings
Nov 18 before open
Shares outstanding
1.42B
52-week range
$71.94$139.41

PDD swing-trade checklist

PDD scores 4 supportive, 0 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive0 mixed1 headwind

  • Trendheadwind

    Below 50 and 200-day

    Close $78.90 is below the 50-day ($85.12) and 200-day ($96.38) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    66.6, Accumulation

    Reading 66.6 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    47.3% below

    Price is 47.3% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 59 days

    Next report Nov 18, 2026, 59 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +4.6% on average

    From this point in the calendar, the next 20 trading days averaged +4.6% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

PDD stock chart and price history

PDD closed at $78.90 on Sep 18, 2026, −41.5% over the past year, inside a 52-week range of $71.94 to $139.41.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−12.5%
3 months
−0.8%
6 months
−19.0%
1 year
−41.5%
The full PDD chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open PDD in Gekko

Follow PDD through every session

Put PDD on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About PDD

PDD operates a group of commerce businesses rather than a single retail brand, working to draw more merchants and shoppers into online trade. Its stated purpose is to give local communities and small businesses access to greater productivity and fresh opportunities through digital commerce. The company has become associated with building the infrastructure that makes this possible.

To support the businesses under its umbrella, PDD has put together its own sourcing, logistics, and fulfillment network. This backbone connects the different arms of the group and underpins the trade that happens across its platforms, linking merchants and buyers through shared operational capabilities.

The company was started in 2015 by Hua Lin Cai and Zheng Huang and now has its headquarters in Dublin, Ireland. Its shares trade under the ticker PDD.

Sector
Retail trade
Website
pddholdings.com

PDD GekkoIndex: the smart money zone

PDD’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 66.6, in the Accumulation zone, down 4.5 points over five sessions.

010066.6Accumulation

Down 4.5 points over five sessions, from the Buying zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying71+2.2%+4.2%+9.3%+11.2%
Accumulation (current zone)215+0.2%+1.6%+1.8%+0.2%
Neutral301−0.5%−1.6%−3.2%−7.1%
Distribution28−3.1%−5.2%−5.0%−8.8%
Selling0Not available

Average PDD share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the PDD price, zone by zone.Track PDD in Gekko

Is PDD stock overvalued? Gekko Fair Value

PDD trades 47.3% below Gekko Fair Value of $149.78, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what PDD shares are worth, recalculated every trading day.

$149.78

Gekko Fair Value, Sep 19, 2026

47.3% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open PDD in Gekko

PDD insider and Congress trading

No open-market insider purchases were filed for PDD, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for PDD in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every PDD insider filing, plotted on the chart in Gekko.Open PDD in Gekko

Congress trades last 90 days

No trades in PDD were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for PDD, plotted on the chart in Gekko.Open PDD in Gekko

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds PDD.

1added0opened0trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko

PDD earnings: next date and track record

PDD reports on Nov 18, 2026, before the open (59 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±7.6%average move across the report
2 of 8reports followed by a gain

Share-price move across each report

−14.1%Nov ’24+0.6%Mar ’25−17.9%May ’25−2.5%Aug ’25−8.5%Nov ’25+2.6%Mar ’26−14.1%May ’26−0.7%Aug ’26

Last earnings call, Aug 24, 2026 AI summary

What they said
PDD Holdings reported Q2 2026 group revenue of RMB 112.4 billion, up 8% year-over-year, while net income declined 12% YoY to RMB 27.2 billion due to continued platform investments. The company's CNY 100 billion support program is gaining traction with improving supply and demand dynamics. PDD established a dedicated company in Xiong'an New Area and expanded R&D in platform governance, trust, and safety systems amid intense e-commerce competition.
Guidance
Management is pursuing a strategic goal of 'building another PDD over 3 years,' though first-party brand model rollout was slower than expected due to external factors. No specific revenue or earnings targets were provided; continued elevated investment in platform and ecosystem is expected to weigh on near-term profitability.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 24, 2026$2.72
est $2.69
+1.1%$16.54B
est $16.94B
−2.4%−0.7%
May 27, 2026$9.51
est $16.37
−41.9%$15.40B
est $15.92B
−3.3%−14.1%
Mar 25, 2026$17.69
est $20.71
−14.6%$17.71B
est $17.80B
−0.5%+2.6%
Nov 18, 2025$2.96
est $2.21
+33.9%$15.21B
est $17.57B
−13.5%−8.5%
Aug 25, 2025$3.08
est $1.91
+61.3%$14.50B
est $15.09B
−3.9%−2.5%
May 27, 2025$11.41
est $18.96
−39.8%$13.14B
est $14.30B
−8.1%−17.9%
Mar 20, 2025$20.15
est $19.67
+2.4%$15.15B
est $14.31B
+5.9%+0.6%
Nov 21, 2024$18.59
est $19.67
−5.5%−14.1%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

PDD stock forecast and analyst price targets

Analysts’ average 12-month price target for PDD is $114.71, +45.4% from the last close, from 14 firms rating the stock in the last 90 days.

$114.71consensus 12-month target, +45.4% from the last close
Low $80High $148.40
Buy6
Hold8
Sell0

Each firm’s latest rating in the last 90 days: 14 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 10J.P. MorganHold, maintained$95+20.4%
Sep 7Arete ResearchHold, downgraded$93+17.9%
Aug 27Bank of America SecuritiesHold, reiterated$117+48.3%
Aug 26CGS InternationalBuy, reiterated$114+44.5%
Aug 26Bank of America SecuritiesHold, maintained$117+48.3%
+1.8%average 20-day move after past Accumulation readings
+4.6%average move over the next 20 trading days in the last 5 years
±2.2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

PDD seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, PDD averaged +4.6% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+3.0%2021−15.7%2022+6.6%2023+23.7%2024−0.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.3%3 of 5
Next 10 trading days+8.9%2 of 5
Next 15 trading days+8.1%3 of 5
Next 20 trading days+4.6%3 of 5
Next 30 trading days+2.6%3 of 5

For scale, PDD’s typical 20-trading-day move in either direction is about 9.5%.

PDD market cap and key statistics

PDD’s market cap is $112.3B, with a P/E ratio of 8.5 and revenue of $450.8B over the last twelve months.

Valuation

Market cap
$112.3B
P/E ratio
8.5
Forward P/E
6.2
EPS, TTM
$9.16
Gekko Fair Value
$149.78

Trading

Volume
7.79M
Avg volume, 20 days
7.15M
52-week high
$139.41
52-week low
$71.94
Shares outstanding
1.42B

Financials

Revenue, TTM
$450.8B
Profit margin
20.4%
Return on equity
22.8%
Quarterly earnings growth, YoY
−11.2%

Risk and income

Beta
-0.01
Typical daily move
±2.2%
Typical 20-day move
±9.5%

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PDD stock FAQ

What is PDD’s market cap?

PDD’s market cap is $112.3B at the Sep 18, 2026 close of $78.90, with 1.42B shares outstanding. The shares trade on a P/E ratio of 8.5.

What is the PDD stock forecast?

The consensus analyst 12-month price target for PDD is $114.71, +45.4% from the last close. Of the 14 firms that rated the stock in the last 90 days, 6 rate it a buy, 8 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is PDD stock overvalued or undervalued?

On Gekko’s estimate PDD is undervalued: the Sep 18, 2026 close of $78.90 is 47.3% below Gekko Fair Value of $149.78. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does PDD report earnings next?

PDD is expected to report on Nov 18, 2026, before the market opens (59 days away). Analysts expect earnings of $2.77 per share on revenue of $17.29B. PDD beat the earnings estimate in 4 of its last 8 reports, moving 7.6% on average across the report.

What is PDD’s 52-week high and low?

PDD’s 52-week high is $139.41 and its 52-week low is $71.94; it closed at $78.90 on Sep 18, 2026, −41.5% over the past year.

Is PDD stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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