PDD Holdings downgraded by Nomura with a new price target
$PDD
Business Services
Consumer Discretionary
Nomura downgraded PDD Holdings from Buy to Neutral and set a new price target of $130.00 from $137.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/21/2025 | $137.00 → $130.00 | Buy → Neutral | Nomura |
| 11/22/2024 | Overweight → Neutral | Analyst | |
| 10/7/2024 | $126.00 → $224.00 | Neutral → Outperform | Macquarie |
| 8/27/2024 | $194.00 → $120.00 | Buy → Neutral | Citigroup |
| 8/26/2024 | Outperform → Neutral | Macquarie | |
| 8/26/2024 | $193.00 → $151.00 | Buy | Jefferies |
| 5/24/2024 | $145.00 → $184.00 | Neutral → Buy | Goldman |
| 3/11/2024 | $136.00 | Buy → Neutral | Goldman |
6-K - PDD Holdings Inc. (0001737806) (Filer)
20-F - PDD Holdings Inc. (0001737806) (Filer)
6-K - PDD Holdings Inc. (0001737806) (Filer)
DUBLIN and SHANGHAI, May 27, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Total revenues in the quarter were RMB95,672.2 million (US$1 13,184.0 million), an increase of 10% from RMB86,812.1 million in the same quarter of 2024.Operating profit in the quarter was RMB16,085.6 million (US$2,216.7 million), a decrease of 38% from RMB25,973.7 million in the same quarter of 2024. Non-GAAP2 operating profit in the quarter was RMB18,259.7 million (US$2,516.3 million), a decrease of 36% from RMB28,552.2 million in the same quarter o
DUBLIN and SHANGHAI, May 20, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the first quarter ended March 31, 2025, before U.S. markets open on Tuesday, May 27, 2025. The Company's management will hold an earnings conference call at 7:30 AM ET on May 27, 2025 (12:30 PM IST and 7:30 PM HKT on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD Holdings: PDD Holdings is a multinational commerce group that owns an
DUBLIN and SHANGHAI, March 20, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the fourth quarter ended and the fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights Total revenues in the quarter were RMB110,610.1 million (US$115,153.5 million), an increase of 24% from RMB88,881.0 million in the same quarter of 2023.Operating profit in the quarter was RMB25,592.2 million (US$3,506.1 million), an increase of 14% from RMB22,395.0 million in the same quarter of 2023. Non-GAAP2 operating profit in the quarter was RMB27,99
SC 13G/A - PDD Holdings Inc. (0001737806) (Subject)
SC 13G/A - PDD Holdings Inc. (0001737806) (Subject)
SC 13G/A - PDD Holdings Inc. (0001737806) (Subject)
Nomura downgraded PDD Holdings from Buy to Neutral and set a new price target of $130.00 from $137.00 previously
Analyst downgraded Pinduoduo from Overweight to Neutral
Macquarie upgraded Pinduoduo from Neutral to Outperform and set a new price target of $224.00 from $126.00 previously
DUBLIN and SHANGHAI, May 27, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Total revenues in the quarter were RMB95,672.2 million (US$1 13,184.0 million), an increase of 10% from RMB86,812.1 million in the same quarter of 2024.Operating profit in the quarter was RMB16,085.6 million (US$2,216.7 million), a decrease of 38% from RMB25,973.7 million in the same quarter of 2024. Non-GAAP2 operating profit in the quarter was RMB18,259.7 million (US$2,516.3 million), a decrease of 36% from RMB28,552.2 million in the same quarter o
DUBLIN and SHANGHAI, May 20, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the first quarter ended March 31, 2025, before U.S. markets open on Tuesday, May 27, 2025. The Company's management will hold an earnings conference call at 7:30 AM ET on May 27, 2025 (12:30 PM IST and 7:30 PM HKT on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD Holdings: PDD Holdings is a multinational commerce group that owns an
DUBLIN and SHANGHAI, April 28, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission ("SEC") on April 28, 2025. The annual report can be accessed on the Company's investor relations website at https://investor.pddholdings.com/ as well as the SEC's website at https://www.sec.gov/. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company's Investor Relati
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