To predict the stock price of PDD Holdings (PDD) for the next trading week, we analyze both fundamental and technical factors.
PDD Holdings reported strong growth in its Q4 2024 results, with revenue increasing by 24% year-over-year to $15.15 billion, though it missed expectations. Adjusted earnings per ADS were $2.76, beating estimates. Despite this, the stock faced a downgrade from Nomura and US Tiger Securities due to concerns over slower growth in Temu's U.S. business and increased investments in ecosystem development.
Given the mixed sentiment and technical indicators, PDD is expected to trade between $115.74 and $129.63. The target price for the next trading week is $122.50.
Based on the analysis, it is advised to sell PDD Holdings stock as it may face resistance and consolidate in the short term.
The price of PDD is predicted to go up 3.41%, based on the high correlation periods with CAAP. The similarity of these two price pattern on the periods is 91.13%.
PDD
CAAP
Year
PDD Price Forecast($)
Potential Return(%)
2025
97.220
0.410
2026
180.000
58.330
2027
180.000
58.330
2028
180.000
58.330
2029
300.000
163.880
2030
250.000
119.900
Temu might break even faster than anticipated while maintaining an above-industry growth rate.
Despite concerns such as higher import taxes in the US for its overseas e-commerce platform Temu, the firm could deliver better-than-expected overseas sales due to effective execution.
If PDD successfully adopts generative AI in its platform, it could help customers buy products that meet their specific demands better than its peers, leading to market share gain.
Jefferies
2025-03-20
Price Target
$171 → $156
Upside
+19.16%
US Tiger Securities, Inc
2025-03-20
Price Target
$130
Downside
-0.7%
JP Morgan
2024-11-22
Price Target
$170 → $105
Upside
+4.93%