PDD Holdings Inc experienced a price drop of 3.47%, hitting a 20-day low during regular trading hours. This decline comes as the broader market also faced challenges, with the Nasdaq-100 down 0.80% and the S&P 500 down 0.43%.
The stock's movement is attributed to sector rotation, as investors are reacting to the overall market weakness. Despite the significant inflows into ETFs like VXUS and VWO, PDD's performance reflects a shift in investor sentiment, particularly in the e-commerce sector, where competition remains fierce.
This decline may raise concerns among investors about PDD's competitive positioning against rivals like JD.com and Alibaba, especially as market conditions fluctuate. The ongoing pressure could lead to increased scrutiny of PDD's strategies and performance in the upcoming quarters.
Wall Street analysts forecast PDD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PDD is 146.39 USD with a low forecast of 118.00 USD and a high forecast of 167.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast PDD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PDD is 146.39 USD with a low forecast of 118.00 USD and a high forecast of 167.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 102.810
Low
118.00
Averages
146.39
High
167.00
Current: 102.810
Low
118.00
Averages
146.39
High
167.00
Citi
Alicia Yap
Neutral
downgrade
$170 -> $142
2026-01-28
New
Reason
Citi
Alicia Yap
Price Target
$170 -> $142
AI Analysis
2026-01-28
New
downgrade
Neutral
Reason
Citi analyst Alicia Yap lowered the firm's price target on PDD Holdings to $142 from $170 and keeps a Neutral rating on the shares ahead of the Q4 report. The firm sees slowing domestic retail sales offsetting a recovery of Temu U.S. traffic. Citi sees higher expenses impacting PDD's profitability in 2026.
Citi
Buy
maintain
$170
2026-01-20
Reason
Citi
Price Target
$170
2026-01-20
maintain
Buy
Reason
Citi added a "downside 30-day catalyst watch" on PDD Holdings while keeping a Buy rating on the shares with a $170 price target. The firm sees further downside in the shares following Bloomberg's report of a deepening investigation of the company by Chinese regulators. A formal investigation or an announcement from PDD acknowledging the investigation could drive additional share downside, the analyst tells investors in a research note.
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Freedom Capital
Buy
maintain
$140 -> $170
2026-01-06
Reason
Freedom Capital
Price Target
$140 -> $170
2026-01-06
maintain
Buy
Reason
Freedom Capital raised the firm's price target on PDD Holdings to $170 from $140 and keeps a Buy rating on the shares after the company delivered mixed quarterly results. PDD continued to demonstrate resilience by adapting to U.S. tariffs and the removal of the de minimis duty-free threshold for shipments from China. However, margin pressure is expected to persist at least over the medium term as the company prioritizes investment with a long-term focus, the firm says.
Arete
Zixiao Yang
Buy -> Neutral
downgrade
$130
2025-12-09
Reason
Arete
Zixiao Yang
Price Target
$130
2025-12-09
downgrade
Buy -> Neutral
Reason
Arete analyst Zixiao Yang downgraded PDD Holdings to Neutral from Buy with a $130 price target.
About PDD
PDD Holdings Inc. is a multinational commerce company that owns and operates a portfolio of businesses. The Company is focused on bringing businesses and people into the digital economy, which benefits local communities and small businesses from improved productivity and new opportunities. The Company has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses. Its Pinduoduo platform provides buyers with a comprehensive selection of value-for-money merchandise and fun and interactive shopping experiences. The Temu, a global e-commerce platform which brings together buyers, merchants, manufacturers, and brands from around the world, offers a selection of merchandise in product categories such as apparel, electronic appliances, household goods, sports and fitness, tools and home improvement, and pet supplies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
