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PDD Holdings Inc.'s published Strong Buy conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $138.6B | |
|---|---|---|
| P/E (forward) | 6.9x |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | Trend |
|---|---|---|---|---|---|
| Period | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $130.56B | $247.64B | $393.84B | $431.85B | +49.0% |
| Gross profit | $99.10B | $155.92B | $239.94B | $243.04B | +34.9% |
| Operating income | $36.47B | $71.93B | $132.68B | $119.45B | +48.5% |
| Net income | $31.54B | $60.03B | $112.43B | $97.84B | +45.8% |
| EPS (diluted) | $21.92 | $41.16 | $76.00 | $66.00 | +44.4% |
| EBITDA | $39.21B | $73.81B | $135.32B | $122.45B | +46.2% |
| R&D | $10.38B | $10.95B | $12.66B | $16.50B | +16.7% |
| SG&A | $58.31B | $86.26B | $118.85B | $133.45B | +31.8% |
Recent company headlines from major financial publishers.
Temu scales globally with minimal regulatory disruption, realizing massive network effects. The multiple expands toward global peers as existential fears fade, driving upside toward $403.15.
Geopolitical risks remain elevated but manageable. PDD sustains robust cash flows ($14.6B FCFF) and mid-teen growth, justifying a $265.33 midpoint utilizing a constrained 15x terminal P/E multiple.
| Ke ↓ / g → | 2.5% | 3.0% | 3.5% | 4.0% | 4.5% |
|---|---|---|---|---|---|
| 7.6% | $316 | $350 | $393 | $447 | $462 |
| 8.6% | $264 | $288 | $316 | $350 | $393 |
| 9.6% | $227 | $244 | $264 | $288 | $316 |
| 10.6% | $199 | $212 | $227 | $244 | $264 |
| 11.6% | $177 | $188 | $199 | $212 | $227 |
Upcoming earnings date and setup when available.
Das Rating, das die veröffentlichte Research-Ausgabe des jeweiligen Monats trug. Ein Rating vergleicht den Kurs zum Analysezeitpunkt mit dem Fair Value; es ist kein Nachweis, ob die Einschätzung zutraf.
| Jahr | Jan | Feb | Mär | Apr | Mai | Jun | Jul | Aug | Sep | Okt | Nov | Dez |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |