PDD Holdings Inc. Sponsored ADR (PDD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
PDD's mixed Q4 results signal caution. Hold for now or wait for clearer growth indicators in 2025 as ecosystem investments weigh on margins despite attractive valuation.
PDD's Q4-24 revenue and EBIT missed consensus due to lower transaction service revenue, but online marketing service revenue was in line. Despite Temu's slower growth, PDD's domestic e-commerce and grocery delivery business remain strong, supporting a bullish outlook. PDD's valuation is compelling at 8x forward EBITDA, implying $170/share or 35% upside, trading at a discount to peers like BABA and AMZN.
PDD (PDD -3.31%) is one of China's fastest-growing e-commerce companies. In the years since its 2015 founding, it has attracted hundreds of millions of shoppers with its discount marketplace for group purchases.
Shares of PDD Holdings Inc PDD tanked in early trading on Friday, after the company reported downbeat fourth-quarter revenues.
PDD Holdings (PDD 3.98%), a notable operator in global e-commerce, unveiled its financial results for the fourth quarter of 2024 on March 20. The company reported non-GAAP earnings per share (EPS) of $2.76, slightly exceeding the analyst estimate of $2.74.
Jenny Horne turns to two stories behind some of the premarket's downside trading action. PDD Holdings (PDD) slipped despite its 24% increase in year-over-year revenue.
Temu and Pinduoduo parent PDD Holdings Inc (NASDAQ:PDD) reported lower-than-expected fourth-quarter earnings and revenue before the open today, dinged by stiff competition and weak demand in China.
U.S.-listed shares of PDD Holdings (PDD) rose Thursday after the parent of the Temu shopping app posted a higher quarterly profit even though it missed sales estimates as Chinese consumers pulled back spending and it faced higher costs.
PDD Holdings Inc. (NASDAQ:PDD ) Q4 2024 Earnings Call March 20, 2025 7:30 AM ET Company Participants Unidentified Company Representative - Lei Chen - Chairman & Co-CEO Jiazhen Zhao - Executive Director & Co-CEO Jun Liu - VP, Finance Conference Call Participants Joyce Ju - Bank of America Securities Alicia Yap - Citigroup Kenneth Fong - UBS Operator Ladies and gentlemen, thank you for standing by, and welcome to PDD Holdings Inc. Fourth Quarter and Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
PDD Holdings Inc. just released its earnings for the fourth quarter of 2024. The release mostly beat analyst estimates, with a miss on revenue and beats on GAAP and adjusted EPS. Going into earnings, expectations were fairly high, as analysts expected positive sequential growth when the previous quarter showed a sequential decline.
PDD Holdings Inc. Sponsored ADR (PDD) came out with quarterly earnings of $2.76 per share, beating the Zacks Consensus Estimate of $2.56 per share. This compares to earnings of $2.40 per share a year ago.