Temu owner PDD Holdings shares tank after big Q1 results miss
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Pinduoduo Inc. (PDD) PT Lowered to $125 at Bernstein SocGen Group
May 28, 2025 6:29 AM EDTBernstein SocGen Group analyst Robin Zhu lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $125.00 (from $160.00) while maintaining a Outperform rating.
The analyst comments "These dont get easier to stomach, but the surprise factor is gone. PDDs Q1 results showed revenue and profits missing our estimates and consensus modelling the latter heavily... More
Pinduoduo Inc. (PDD) PT Lowered to $126 at Macquarie, 'we see a manageable impact given a faster HCM ramp and expansion in other regions'
May 27, 2025 2:55 PM EDTMacquarie analyst Ellie Jiang lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $126.00 (from $153.00) while maintaining a Outperform rating.
The analyst comments "oft 1Q, but valuation already penalised enough. Revenue missed MQe/Visible Alpha (VA) by 14%/8%, with Transaction Services (TS) up only 6% YoY (-16% vs VA). We attribute the miss to weakness at Temu, which was... More
Pinduoduo Inc. (PDD) PT Lowered to $152 at Citi, 'Investment Return Cycle Mismatch Weighs on ST Profitability'
May 27, 2025 2:53 PM EDTCiti analyst Alicia Yap lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $152.00 (from $165.00) while maintaining a Buy rating.
The analyst comments "The continued shift from full-managed to semi-managed model for Temu contributed to significant deceleration of transaction services... More
Barclays Reiterates Overweight Rating on Pinduoduo Inc. (PDD), PT $158
May 27, 2025 2:11 PM EDTBarclays analyst Jiong Shao reiterated an Overweight rating and $158.00 price target on Pinduoduo Inc. (NASDAQ: PDD).
The analyst comments "Summary: With the lack of disclosure by the company with respect to Temu, we once again relied on our own Temu model and estimates. The... More
