PDD

ACCE-researched
PDD Holdings Inc. American Depositary Shares
Consumer Cyclical · Internet Retail · NASDAQ · United States
$78.90+1.51%
Market cap $112.3BNext earnings 2026-08-24Updated Sep 19, 2026
FAIR VALUE · 6-MODEL CONSENSUS
$78.90+0.0%
confidence-weighted across 6 models
Now $78.90
$78.90
$99.00$180.79
Strong BuySilver60
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Investor warnings · 4 flags
  • high
    Earnings decline accelerating
    Earnings YoY -14.9% and QoQ -14.3% signal meaningful profit deterioration despite 11% revenue growth, suggesting rising costs or margin pressure.
  • high
    Momentum score collapse
    ACCE Momentum score is just 17/100, dragging overall score despite strong Value/Quality, indicating severe near-term price weakness.
  • moderate
    China regulatory/geopolitical risk
    PDD is a Chinese-domiciled entity listed as US stock; ongoing US-China tensions and VIE structure pose structural governance risks not reflected in low P/E.
  • moderate
    Revenue growth decelerating sharply
    5y CAGR of 111.7% vs current YoY of only 11% signals dramatic growth deceleration, raising questions about long-term TAM saturation.

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Price

-38.6% · 1Y

Snapshot

Growth40Value100Quality87Momentum17Total61
Valuation
Trailing P/E
8.4x
Forward P/E
6.1x
PEG
no data
P/B
1.66x
EV / Revenue
0.6x
Book value/sh
$47.43
Enterprise value
$43.3B
Profitability
ROE
22.8%
FCF yield
94.20%
ROIC
19.2%
Health and risk
Debt / equity
0.01
Dividend yield
0.00%
Beta
-0.01