Market Expansion: By 2025, Pop Mart has reached 41 stores in the U.S., with CEO Wang Ning signaling plans for rapid expansion, reflecting confidence in the strong purchasing power of the U.S. market, which is expected to significantly enhance the company's competitive edge internationally.
Sales Growth: Urban Revivo opened its flagship store in New York, with last year's sales revenue nearing $1 billion, and CEO Leo Li emphasized that success hinges on strategy and brand value, indicating the potential of Chinese brands in the global market.
Brand Recognition Challenges: Despite having a competitive edge in pricing, Chinese brands face challenges in brand recognition in the U.S., with Anta sponsoring American basketball stars to boost its visibility, demonstrating its commitment to market penetration.
Consumer Trends: Younger Western consumers are inclined to choose competitively priced Chinese brands, with Morningstar analysts noting that these brands are building reliability, which may attract more consumers.
PDD
$105+Infinity%1D
Analyst Views on PDD
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 148.03 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.
10 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 148.03 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
3 Hold
0 Sell
Moderate Buy
Current: 109.020
Low
118.00
Averages
148.03
High
167.00
Current: 109.020
Low
118.00
Averages
148.03
High
167.00
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.
BofA
Neutral
maintain
$141 -> $140
2025-11-19
Reason
BofA
Price Target
$141 -> $140
2025-11-19
maintain
Neutral
Reason
BofA lowered the firm's price target on PDD Holdings to $140 from $141 and keeps a Neutral rating on the shares after the company delivered a "strong profit beat" in Q3, exceeding consensus by 25%, driven by a rebound in adjusted operating growth and another quarter of higher-than-expected interest income, the analyst tells investors. The firm's Neutral rating balances robust Temu expansion mixed with tariff/regulation overhangs and domestic uncertainties, the analyst says.
Bernstein
Outperform -> Market Perform
downgrade
2025-11-18
Reason
Bernstein
Price Target
2025-11-18
downgrade
Outperform -> Market Perform
Reason
Bernstein downgraded PDD Holdings to Market Perform from Outperform.
Bernstein
Robin Zhu
Outperform -> Market Perform
downgrade
$140 -> $135
2025-11-18
Reason
Bernstein
Robin Zhu
Price Target
$140 -> $135
2025-11-18
downgrade
Outperform -> Market Perform
Reason
As previously reported, Bernstein analyst Robin Zhu downgraded PDD Holdings to Market Perform from Outperform with a price target of $135, down from $140, primarily citing the view that the domestic business is maturing. Recent non-growth in DAUs and time spent "feels problematic for a business model reliant on top funnel dominance," the analyst tells investors.
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.
