NVDA+2.54%AAPL+1.32%GOOGL−1.62%MSFT+0.20%AMZN−0.10%TSM+1.60%SPCX+7.79%META+0.47%
StockVS

NASDAQ · Internet Retail · USD

PDD Holdings Inc. (PDD) Stock Analysis

PDD Holdings Inc. (PDD) is a Internet Retail stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

PDD

$78.72

−$2.91 (−3.56%)

Oct 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare PDD with… →

PDD Key Statistics

As of Oct 21, 2026
Trading
Open
$80.60
Previous Close
$81.63
Day's Range
78.07–80.74
52-Week Range
71.94–139.41
Volume
6.53M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
−0.05
Valuation
Market Cap
$112.05B
P/E Ratio
8.85
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
6.37
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.71
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.25
EPS (ttm)Profit attributable to each share over the last twelve months.
8.89
Financials (FY)
Revenue (FY)
$431.85B+9.65%
Net Income (FY)
$97.84B−12.98%
Profit marginThe share of revenue left as profit after all costs and taxes.
20.43%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
1.42B
1-Year Return
−39.78%
Dividend and dates
Earnings Date
November 18, 2026estimated
Avg Volume
6.15M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, PDD closed at $78.72, −39.78% over 1 year.

PDD Holdings Inc. (PDD) has a market capitalization of $112.05B.

In fiscal 2025, PDD reported revenue of $431.85B.

PDD Stock Return by Calendar Year

PDD Holdings Inc. (PDD) return since Jul 2018: what $10,000 became

1 year
$10,000 $6,022
−39.78%
5 years
$10,000 $8,103
−18.97%
Since Jul 2018
$10,000 $29,483
+194.83%

If you had invested $10,000 in PDD Holdings Inc. (PDD) at the close on July 26, 2018, the earliest close on record here, it would have been worth $29,483 at the close on October 21, 2026: +194.83% in total, +14.02% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−30.58%
2025+16.91%
2024−33.71%
2023+79.41%
2022+39.88%
2021−67.19%
2020+369.78%
2019+68.54%
2018 (partial year)−15.96%

As of October 21, 2026.

PDD Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$431.85B$97.84B22.7%
2024$393.84B$112.43B28.5%
2023$247.64B$60.03B24.2%
2022$130.56B$31.54B24.2%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$431.85B$243.04B$93.10B$97.84B22.7%
2024$393.84B$239.94B$108.42B$112.43B28.5%
2023$247.64B$155.92B$58.70B$60.03B24.2%
2022$130.56B$99.10B$30.40B$31.54B24.2%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

PDD Valuation vs Internet Retail Median

Median of 41 stocks
MetricPDDInternet Retail medianvs median
P/E8.8525.8766% below
P/S ratio0.250.6562% below
Profit margin20.43%0.68%19.7 pts above

Medians across 41 Internet Retail stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

PDD Holdings Inc. (PDD) is capitalised at $112.05B on the latest close. It is classified in the Internet Retail industry, within the Consumer Cyclical sector. Headcount on file is 25,474.

Over the past 52 weeks the price has ranged from $71.94 to $139.41. The most recent close on file for PDD is $78.72, dated October 21, 2026. That is −$2.91 (−3.56%) against the previous close. The latest close sits 9.42% above that 52-week low.

Financial Health

In fiscal 2025, PDD Holdings Inc. reported revenue of $431.85B. Against the prior fiscal year total of $393.84B, that is a change of +9.65%. Net income for the same year was $97.84B. That is −12.98% against the prior fiscal year. Profit margin runs at 20.43%. That is 19.7 percentage points above the Internet Retail median of 0.68%. Trailing earnings per share are 8.89.

Across the 4 fiscal years on file, revenue moves from $130.56B in 2022 to $431.85B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

PDD trades at a trailing price-to-earnings ratio of 8.85. That is 65.79% below the Internet Retail median of 25.87. On forward earnings the ratio is 6.37. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.71. The price-to-sales ratio is 0.25. On price-to-sales that is 62.03% below the Internet Retail median of 0.65. The medians here are taken across 41 Internet Retail companies that report the metric.

Over the trailing twelve months the total return is −39.78%. Across 5 years the annualized return works out at −4.12%. Beta against the wider market is reported at −0.05. Annualized volatility over the trailing 8 years is 66.18%.

Growth & Income

No dividend is on file for PDD.

The strongest complete calendar year on file is 2020 at +369.78%; the weakest is 2021 at −67.19%. Of the 7 complete calendar years on file, 5 finished higher. 2026 is still running; the total return is −30.58% year to date.

Peer Comparison

PDD Holdings Inc. (PDD) operates in the Internet Retail industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
PDD Holdings Inc. PDD $112.05B 8.9
Amazon.com, Inc. AMZN $2.83T 21.1
Alibaba Group Holding Limited BABA $270.19B 26.3
MercadoLibre, Inc. MELI $94.04B 50.5

The Internet Retail industry average P/E ratio is 25.9x. PDD Holdings Inc. trades at a P/E of 8.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related Internet Retail Stocks

AMZN

Amazon.com, Inc.

$2.83T

 BABA

Alibaba Group Holding Limited

$270.19B

 MELI

MercadoLibre, Inc.

$94.04B

 DASH

DoorDash, Inc.

$79.92B

 EBAY

eBay Inc.

$54.69B

 SE

Sea Limited

$47.74B
View all Internet Retail stocks →

Popular Consumer Cyclical Stocks

TSLA

Tesla, Inc.

$1.53T

 HD

The Home Depot, Inc.

$313.41B

 TM

Toyota Motor Corporation

$229.51B

 MCD

McDonald's Corporation

$174.26B

 TJX

The TJX Companies, Inc.

$160.07B
View all Consumer Cyclical stocks →

About PDD Holdings Inc.

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. The company operates Pinduoduo platform, which provides various product categories and interactive shopping experiences; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

Visit website →