Pdd temu stock price.

With solid earnings results indicating PDD is gaining ground over domestic competitors, the Temu catalyst means that PDD stock will likely be a trader's battleground for several months.DUBLIN and SHANGHAI, Nov. 21, 2023 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD) today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023, before U.S. markets open on Tuesday, November 28, 2023. The Company’s management will hold an ... Q4 2023 EPS Estimate Trends. Current. $9.40. 1 Month Ago. $1.28. 3 Months Ago. $1.19. PDD Holdings Inc. ADR analyst estimates, including PDD earnings per share estimates and analyst recommendations.When Leanne Owens was first bombarded with ads for something called TEMU on her Facebook feed, she wasn't sure if it was a scam. The 64-year-old teacher and farmer looked up the Chinese e-commerce ...The Significance of TEMU for PDD. PDD launched TEMU to expand to OECD markets very aggressively. TEMU went live recently in the U.S. (September 2022), Canada (February 2023), Australia and New Zealand (March 2023), France, Italy, Germany, the Netherlands, Spain and the UK (all in April 2023).

Discover historical prices for PDD stock on Yahoo Finance. View daily, weekly or monthly format back to when PDD Holdings Inc. stock was issued.The latest Temu Price updates and some reviews on whether Temu Stock should be bought will help you make an informed decision about Temu or PDD Holdings Inc. Temu’s parent company, (PDD), released its 3rd quarter earnings report in 2022, revealing a 65% revenue increase in just one year, RMB 35.5 billion rupees.With stocks at historic highs, many individuals are wondering if the time is right to make their first foray in the stock market. The truth is, there is a high number of great stocks to buy today. However, you might be unsure how to begin.

PDD stock closed more than 15% higher on the day. X The operator of the Chinese e-commerce platform Pinduoduo and international marketplace Temu reported a 66% revenue jump to $7.21 billion for ...

Temu is owned by PDD Holdings Inc., a multinational commerce group that is registered in the Cayman Islands and listed on the Nasdaq stock exchange under the ticker symbol PDD. PDD Holdings owns and operates a portfolio of businesses, including Pinduoduo, a social commerce platform in China. Although Temu and Pinduoduo are sister companies ...PDD Holdings Inc - ADR Follow Share $141.73 After Hours: $141.45 (0.20%) -0.28 Closed: Nov 29, 7:59:59 PM GMT-5 · USD · NASDAQ · Disclaimer search Compare to Alibaba Group Holding Ltd - ADR...Nov 5, 2023 · My price target is approximately $118 for PDD, indicating a potential upside of 14%. Given PDD's strong growth trajectory and EBITDA margin, I recommend a buy rating for the stock. Author's work Dec 1, 2023 · Robin Zhu, a bottom 20% analyst from Bernstein maintains PDD with a buy rating and raises their PDD price target from $105.00 to $120.00, on Aug 30, 2023. Bernstein's Robin Zhu raised their price target on Pdd Holdings (NASDAQ: PDD) by 14.3% from $105 to $120 on 2023/08/30. The analyst maintained their Buy rating on the stock.

MSFT. 377.43. -0.11%. 9.38M. New. View today's PDD Holdings Inc DRC stock price and latest PDD news and analysis. Create real-time notifications to follow any changes in the live stock price.

Temu, which encourages consumers to ‘shop like a billionaire’, contributed to a 94 per cent surge in revenues for PDD and a strong stock price rally

Some experts warn that the low costs come at a price. Temu, a popular new online shopping platform, remains at the top of mobile download charts after debuting in Canada in February 2023. While it ...Aug 29, 2023 · PDD stock closed more than 15% higher on the day. X The operator of the Chinese e-commerce platform Pinduoduo and international marketplace Temu reported a 66% revenue jump to $7.21 billion for ... Oct 14, 2023 · Understandably, Pinduoduo's stock price fell from its all-time high of $203 in 2021 to below $60 by the end of that year. Yet, the young company proved the doubters wrong. Revenue grew rapidly, up ... 04:08 PM ET 11/28/2023 PDD stock surged on Tuesday after Temu parent company PDD Holdings ( PDD) reported third-quarter earnings and sales that easily topped Wall Street estimates. For...NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Temu announced the grand opening of its global online shopping marketplace, featuring the widest selection of merchandise at hard-to-beat prices.

PDD Holdings, the parent company of hugely popular online retailer Temu, is now worth $185 billion. The company reported bumper earnings this week, leading to an 18% jump in its stock price.Its ...Morgan Stanley cut its price target on the stock to $90 from $110, the second lowest among analysts, as per LSEG data. ... Temu, is not fully valued by the market. PDD shares were down 2.1% at ...lowest point on Oct 24th, PDD’s stock price was down by -34% in a single day, due to foreign capital fleeing the Chinese equity markets after the President Xi’s “landslide” reelection victory and the appointment of his loyalists to the Politburo Standing Committee. Foreign investors feared that this consolidation of power would mark the08 November 2023. As China’s e-commerce giants hunker down for battle this month in the world’s biggest shopping event, market pros are betting that Temu-owner PDD Holdings Inc. will continue beating them all. PDD’s US-listed shares have soared 22 percent since July while key rivals Alibaba Group Holding Ltd and JD.com Inc. have tumbled.(Bloomberg) -- PDD Holdings Inc. revenue rose a stronger-than-expected 66% after the company behind hit shopping app Temu spent to boost growth at home …

Nov 29, 2023 · As of November 26, 2023, PDD’s stock price is $157.24 per share, which represents a 23.2% increase from its price one year ago. Furthermore, Temu’s parent company, PDD, has reported strong financial results in recent quarters. PDD's recently launched Temu cross-border e-commerce service has been accused of hosting malware to spy on users. After the accusation came to light, a 100-member company team tasked with finding ...

Nov 28, 2023 · PDD (NASDAQ:PDD) stock rose about 14% in pre-market trading on Tuesday after third-quarter results beat estimates. Meanwhile, several Chinese stocks were trading in the red during pre-market. E ... The local version of Temu is sticking to its low-price strategy, offering coupons up to 37,700 won (US$30) for new members and discounts as high as 90 per cent off on select items for a limited time.What Is Temu Stock Price Today? PDD Holdings Inc., a multinational commerce group, is listed on the Nasdaq stock exchange (U.S.) under the PDD ticker. As of the last update on May 26, 2023, the Temu stock price for PDD Holdings Inc. was $71.77, with a change of $0.35 or 0.49%. The after-hours trading volume was 827.62K.Nov 29, 2023 · PDD Holdings' stock surged 18% after releasing impressive Q3 financial results, with revenue growth accelerating to 94%. PDD's focus on its grocery delivery service, Doudou, gives it an engagement ... Temu app owner PDD Holdings ... But PDD's stock price and relative strength line are holding up better than its peers. PDD's 2.0 up/down volume ratio indicates strong demand.Dec 1, 2023 · 12 equities research analysts have issued 12 month target prices for PDD's stock. Their PDD share price targets range from $95.50 to $155.00. On average, they anticipate the company's share price to reach $122.25 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price.

Nov 3, 2023 · That’s according to a Morgan Stanley analysts, who did a deep dive into Temu, a relative newcomer that sells mostly low-priced items and is operated by China’s PDD Holdings PDD, -1.47%.

Temu was founded in Boston, Mass. in 2022 and it's owned by PDD Holdings Inc. Formerly known as Pinduoduo, PDD Holdings Inc., Temu’s sister company, is public and operates in China. Temu sells ...

Mar 22, 2023 · Temu avoids traditional e-commerce price "bloat" by offering purchases directly from Chinese suppliers, similar to Alibaba's B2B platform, but this is a B2C-ready version. ... PDD stock valuation ... An ad spot during the Super Bowl costs millions of dollars. Temu, the U.S. shopping site launched by China’s PDD Holdings Inc., ran a 30-second ad during the game titled “Shop Like A ...PDD trades at 15x the 2023 EBITDA of $7.0 billion and 11.6x the 2024 EBITDA consensus of $9.1 billion. On a PE basis, it trades at 20.6x EPS estimates of $4.80. Based on the 2024 consensus for EPS ...Valuation. PDD trades at 12.6x the 2023 EBITDA of $6.28 billion and 9.7x the 2024 EBITDA consensus of $8.13 billion. On a PE basis, it trades at 16.9x EPS estimates of $4.25. Based on the 2024 ...However, in the future, Temu will be an important part of PDD Holdings. It is also a good hedge against inflation since it sells most of its products are quite cheap. All this explains why PDD stock is doing well. It has risen by over 29% this year and by over 468% in the past five years. And despite this, the shares are still quite undervalued.Based on my financial projections and valuation model, PDD's stock still has more than 60% of upside from today's price. Risks The first risk to my thesis is the changing competitive environment ...Price as of November 29, 2023, 4:00 p.m. ET ... (PDD 1.96%) stock surged 19% on May 26 after the Chinese e-commerce company posted its first-quarter report. Its revenue rose 58% year over year to ...Nov 23, 2023 · What Is Temu Stock Price Today? PDD Holdings Inc., a multinational commerce group, is listed on the Nasdaq stock exchange (U.S.) under the PDD ticker. As of the last update on May 26, 2023, the Temu stock price for PDD Holdings Inc. was $71.77, with a change of $0.35 or 0.49%. The after-hours trading volume was 827.62K.

Nomura Adjusts Pinduoduo Price Target to $111 From $110, Maintains Buy Rating. Aug. 31. MT. BofA Securities Adjusts Pinduoduo Price Target to $112 From $97, Maintains Buy Rating. Aug. 30. MT. Goldman Sachs Upgrades Pinduoduo to Buy From Neutral, Raises Price Target to $129 From $99. Aug. 30. MT.6 ngày trước ... PDD Holdings(PDD.US)$, the parent company of Pinduoduo and Temu, exceeded Q3 revenue expectations due to increased sales facilitated by ...The latest Temu Price updates and some reviews on whether Temu Stock should be bought will help you make an informed decision about Temu or PDD Holdings Inc. Temu’s parent company, (PDD), released its 3rd quarter earnings report in 2022, revealing a 65% revenue increase in just one year, RMB 35.5 billion rupees.PDD (NASDAQ:PDD) stock rose about 14% in pre-market trading on Tuesday after third-quarter results beat estimates. Meanwhile, several Chinese stocks were trading in the red during pre-market. E ...Instagram:https://instagram. dollar100000xbox 360 trade intopstockvodacom south africa How much is Pdd Holdings stock worth today? ( NASDAQ: PDD) Pdd Holdings currently has 5,462,542,000 outstanding shares. With Pdd Holdings stock trading at $145.27 per share, the total value of Pdd Holdings stock (market capitalization) is $198.39B. Pdd Holdings stock was originally listed at a price of $26.70 in Jul 26, 2018. how to buy crypto with cash appetf robinhood On the stock market today, PDD stock gained 18% to 139. PDD Stock: Temu's International Push U.S.-listed PDD stock has gained 40% this year entering …Summary of all time highs, changes and price drops for PDD Holdings; Historical stock prices; Current Share Price: US$145.27: 52 Week High: US$147.65: 52 Week Low best crypto courses Temu is a subsidiary of PDD Holdings Inc. (Nasdaq: PDD), a multinational commerce group with offices in cities such as Boston, Dublin, Hong Kong, Shanghai, and Singapore. PDD Holdings has been listed on the Nasdaq stock exchange since 2018. In addition to Temu, PDD Holdings owns and operates Pinduoduo, a social commerce platform.Temu stock price analysis. The earnings report drove PDD’s share price to $103.3, close to its 2023 high of nearly $104.7. The stock lost some of those gains over …Their price to sales ratio (P/S) is 5.503 compared to BABA’s 1.91, indicating that investors may believe in the high growth of PDD in comparison and are willing to pay a premium for the company ...