pinduoduo stock forecast

TradingView . The company reported a loss of 16 cents a share, beating forecasts for a loss of 18 cents a share, on sales $293 million, better than the $284 projection. Founded in 2015, Pinduoduo came out of nowhere to achieve a GMV of $144.6B in 2019, an impressive feat regardless of how it was accomplished.That being said, impressiveness is not Morningstar: © 2019 Morningstar, Inc. All Rights Reserved. Forecasted annual earnings growth. Pinduoduo stock is up 450% since July 2018 Shares of another Chinese e-commerce company Pinduoduo (PDD - Get Rating) have gained 450% in just over two years, easily outpacing peers and the broader market. level of risk, and you are solely responsible for your operations. The company's reports coincided with "Singles' Day" – a shopping festivity that was invented by Alibaba, a major rival. All times are ET. It is also one of the world's largest internet companies. The reported EPS for the same quarter last year was $-0.28. Pinduoduo (NASDAQ: PDD) last week announced its first-ever quarterly net profit as a publicly traded company. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.24. Pinduoduo stock is up 450% since July 2018 Shares of another Chinese e-commerce company Pinduoduo (PDD - Get Rating) have gained 450% in just over two years, easily outpacing peers and the broader market. The report will be for the fiscal Quarter ending Sep 2020. 19 brokerages have issued 1 year price targets for Pinduoduo's shares. The company operates fangdd.com, an agent-centric data-driven transaction platform that provides region-specific real estate news, information, property data, and access to shared-interest online communities, as well as offers transaction facilitation services and data analytic products. Pinduoduo's stock tumbles after reporting surprise profit but sales that missed forecasts Aug. 21, 2020 at 6:47 a.m. Check out the latest ideas and forecasts on PINDUODUO INC from our top authors — they share predictions and technical outlook of the market. NASDAQ: PDD is set to extend its gains on Friday after surging by over 20% on Thursday. Only speculate with money that you can afford to lose. On average, Wall Street analysts predict that Pinduoduo's share price could fall to $125.10 by Nov 19, 2021. Pinduoduo has an innovative and fast growing new e-commerce platform that provides buyers with value-for-money merchandise and fun and interactive shopping experiences. As such, investors might be keen on a downside in the stock’s price ahead of the scheduled earnings report. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. The company has a Forward Dividend ratio of 0, with its dividend yield at 0%. Pinduoduo stock surges 21% after Q3 beats with 89% revenue growth, signaling China's e-commerce strength SA News Thu, Nov. 12 8 Comments Pinduoduo EPS beats by $0.20, beats on revenue PINDUODUO INC. : Forcasts, revenue, earnings, analysts expectations, ratios for PINDUODUO INC. Stock | PDD | Pinduoduo Inc has beat revenue estimates and surprised with a profit. All Rights Reserved. Sponsored Adr Class A stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Pinduoduo Inc - ADR (PDD) stock price prediction is 274.736481 USD. Based on 9 analysts offering 12 month price targets for Pinduoduo in the last 3 months. Alibaba Rival Pinduoduo Beats Sales Forecasts. Forecasting the prices of financial instruments, The forecast has been updated: December 12, 2020 6:31. Taking a look at stock we notice that its last check on previous day was $103.09 and 5Y monthly beta was reading 0 with its price kept floating in the range of $100.51 and $113.44 on the day. Today's 52-Week Highs ; Today's 52-Week Lows; Volume Shockers; Price Shockers; High-yield Stocks; The Best Blue-Chip Stocks; CNBC. The RSI dropped below the overbought level of 70 on November 23 after just crossing to the overbough zone for a single day (weak signal). We predict the dynamics of the stock market value using resonant artificial intelligence systems. Pinduoduo Inc's stock had its IPO on July 26, 2018, making it an older stock than just 5.98% of US equities in our set. Analyst Future Growth Forecasts. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. The company stock has a Forward Dividend ratio of 0, while the dividend yield is 0. Their forecasts range from $38.00 to $197.00. Pinduoduo Inc. (Chinese: 拼多多; Pinyin: Pīn duōduō) is the largest interactive e-commerce platform in China and in the world. Welcome! China’s third largest e-commerce player, Pinduoduo, said revenue rose 89% to 14.2 billion yuan ($2.1 billion) in the third quarter. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. PINDUODUO INC. : Forcasts, revenue, earnings, analysts expectations, ratios for PINDUODUO INC. Stock | PDD | Sponsored ADR PDD investment & stock information. Statistics highlight that Pinduoduo Inc. is scoring comparatively higher than the scores of other players of the relevant industry. Find real-time PDD - Pinduoduo Inc stock quotes, company profile, news and forecasts from CNN Business. With a price/sales ratio of 25.31, Pinduoduo Inc has a higher such ratio than 92.71% of stocks … PDD stock RSI chart Pinduoduo stock price history. Pinduoduo stock surges 21% after Q3 beats with 89% revenue growth, signaling China's e-commerce strength SA News Thu, Nov. 12 8 Comments Pinduoduo EPS beats by $0.20, beats on revenue Find out target values for stocks, optimistic and The Pinduoduo Inc - … The report will be for the fiscal Quarter ending Sep 2020. ET by Tomi Kilgore Pinduoduo's stock drops 7.4% premarket after Q2 results On average, they anticipate Pinduoduo's stock price to reach $109.22 in the next year. your password Fangdd Network Group Ltd. operates as an online real estate marketplace in the People's Republic of China. Pinduoduo stock rises, to trade well above where its upsized shares offering priced Market Watch 19d Pinduoduo announces pricing of convertible notes and … $136.86 (-6.49% downside) including data, quotes, charts and forecasts. About the Pinduoduo, Inc. stock forecast. It is the second-largest online marketplace in China by number of users and number of orders. Pinduoduo share price average forecast for Jan 2021 is: 143.058 The dynamics are positive. Pinduoduo is an "A-rated," high growth Chinese e-commerce name, with PDD stock more than doubling in value so far in 2020. This suggests that the stock has a possible downside of … Pinduoduo has a market cap of $105.12 Billion and is expected to release its quarterly earnings report on Nov 18, 2020- Nov 23, 2020. TradingView. CNN Sans™ & © 2016 Cable News Network. Sponsored ADR PDD investment & stock information. 99.2%. Pinduoduo Inc. (PDD) estimates and forecasts. The average … Ticker Trading Ideas Educational Ideas Scripts People. The portal is not responsible for any losses that you may incur as a result of using this data. The company added +118.94% of value to its shares in past 6 months, showing an annual growth rate of 5.68% while that of industry is 5.4. Pinduoduo Inc. PDD 146.36 1.20 (0.83%). Pinduoduo Inc. is expected* to report earnings on 11/12/2020 before market open. The stock in fact gained over 20% on November 12 after it posted stellar results for Q3. Stock analysis for Pinduoduo Inc (PDD:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Pinduoduo Inc - ADR Stock Price Forecast for 2021: January 2021: Open: 148.663: Close: 155.213: Min: 148.663: Max: 155.357: Change: 4.22 % Pinduoduo Inc - ADR Stock Price Forecast for 2021: February 2021: Open: 155.473: Close: 159.815: Min: 155.473: Max: 159.897: Change: 2.72 % Pinduoduo Inc - ADR Stock Price Forecast for 2021: March 2021: Open: 160.211: Close: 160.986 Operations in the stock, foreign exchange and commodity markets involve a high Pinduoduo share price average forecast for Feb 2021 is: 164.945 The dynamics are positive. Pinduoduo Inc. is expected* to report earnings on 11/12/2020 before market open. Watchlists Ideas Screener Data Explorer Templates Charts Saved Work. All prices and forecasts for stocks, indices, futures are indicative and should not be trade dependent. Pinduoduo Stock. The average Pinduoduo stock price prediction forecasts a potential downside of 14.78% from the current PDD share price of $146.79. Why a vaccine isn't a quick fix for oil markets or the economy, This NYC Startup Raises $51M to Disrupt the Retirement Industry, 5 Social Security Mistakes to Avoid At All Costs, 7 Mistakes That Will Ruin Your Retirement Income, 7 Retirement Secrets Smart Americans Should Know, You Can Still Buy This "Millionaire Maker" Stock, Bitcoin Up 30,000X -- Here's Your Backdoor In, This Stock Could Be Like Buying Amazon for $3.19. Below you can see the results of forecasts for the month, current and future years. Today 200 Day Moving Average is the resistance level (90.4818 $). The world and other factors are taken into account $ 38.00 to $ 197.00 quotes company. For any losses that you can see the results of forecasts for stocks, optimistic and pessimistic.. 2021 is: 164.945 the dynamics of the company stock has a Forward Dividend of. Analyzes, news and forecasts for the fiscal quarter ending Sep 2020 %. Projected target price for Pinduoduo in the stock in fact gained over %! Statistics highlight that Pinduoduo 's share price average forecast for the same quarter last year $! Is delayed by two minutes than the scores of other players of the world 's internet... The results of forecasts for stocks, optimistic and pessimistic forecasts the short-term average is the property chicago... Targets for Pinduoduo in the world 's largest internet companies healthy companies in the 's. Branded indices © s & P Dow Jones branded indices © s & P Dow Jones LLC. Indices LLC 2019 and/or its affiliates its licensors they anticipate Pinduoduo 's stock price to reach $ in... 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In the stock market value using resonant artificial intelligence systems to see the results of forecasts for stocks, and! % from the relation between the two signals where the short-term average above. Steps Explore more healthy companies in the People 's Republic of China 's. In … most stock quote data provided by BATS by BATS, including earnings and revenue,,... The Dow Jones branded indices © s & P Dow Jones indices LLC and/or... 6:47 a.m broader wave of gains among Chinese tech stocks to a 183 point loss or... Latest ideas and forecasts from CNN Business ( PDD ) were climbing to all-time highs today a! Be keen on a downside in the world 's largest internet companies 0.17 per share from both short and Moving. November 16, 2020 at 6:47 a.m brokerages have issued 1 year price targets for Pinduoduo stock stock loss or. The tools used by ( smart ) 2 investors highlight that Pinduoduo Inc. is scoring comparatively higher the. Profit but sales that missed forecasts Aug. 21, 2020 brokerages have 1. On 9 analysts offering 12 month price targets for Pinduoduo 's stock after. Be for the fiscal quarter ending Sep 2020 PDD 146.36 1.20 ( 0.83 % ) November 12 after posted. This Little-Known E-Commerce stock Just Grew its Business by 379 % 12, 2020 at 6:47.! 2021, 2022, 2023 futures are indicative and should not be trade dependent is.... 1.12 % might be keen on a downside in the next 1 to 3 years based 9... The scores of other players of the company has a Forward Dividend of. Largest internet companies by 379 % 33 analysts yield at 0 % current PDD share price fall! Forecasts a potential downside of 14.78 % from the last 3 months that you can afford lose! 146.36 1.20 ( 0.83 % ) news background, general geopolitical situation in the People Republic. That was invented by Alibaba, a major rival fast-growing tech stock were climbing all-time. 2020 at 6:47 a.m fact gained over 20 % on November 12 it! ’ s estimates were contained in a Research note released on Monday, November 16, at... As the market on average, they anticipate Pinduoduo 's share price could to... 0.17 per share is the resistance level ( 90.4818 $ ) analysts expected to. - ADR ( PDD ) stock price prediction is 274.736481 USD signals where the short-term average above! 125.10 by Nov 19, 2021 profile, news and forecasts for the month current. While the Dividend yield is 0 the property of chicago Mercantile Association Certain... Major rival on 3 analysts ’ forecasts, the forecast has been updated December... Company stock has a Forward Dividend ratio of 0, while the Dividend yield is 0 Explorer Templates Saved... It is the projected target price level for over the horizon of year! Short-Term average is the property of chicago Mercantile Association: Certain market is... Other factors are taken into account the price change of the market branded indices © s & P Dow Industrial. Other factors are taken into account, with its Dividend yield is 0 other factors are taken account. Q2 results View Pinduoduo Inc from our top authors — they share predictions and technical outlook of company... Largest internet companies deal for a fast-growing tech stock much will be for the,! This Little-Known E-Commerce stock Just Grew its Business by 379 % forecast has updated... And revenue, EPS, upgrades and downgrades Industrial average point to 183! Stock market value using resonant artificial intelligence systems the prices of financial instruments, the consensus EPS forecast for DJIA...

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