# PDD Holdings (PDD) — Analyst Forecast

PDD · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/pdd/forecast

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Sep 10, 2026 | JP Morgan | Maintained | Neutral | $95.00 |
| Aug 25, 2026 | Benchmark | Maintained | Buy | $114.00 |
| Jun 24, 2026 | Daiwa Capital | Downgraded | Buy → Hold | — |
| Jun 23, 2026 | Daiwa Capital | Downgraded | Buy → Hold | — |
| Jun 16, 2026 | BNP Paribas | Initiated Coverage | Underperform | $89.00 |
| May 28, 2026 | Benchmark | Maintained | Buy | $127.00 |
| May 28, 2026 | Bernstein | Maintained | Market Perform | $110.00 |
| May 28, 2026 | Macquarie | Downgraded | Outperform → Neutral | $87.00 |
| May 28, 2026 | Barclays | Downgraded | Overweight → Equal-Weight | $89.00 |
| May 27, 2026 | Citigroup | Maintained | Buy | $123.00 |
| Jan 6, 2026 | Freedom Capital Markets | Maintained | Buy | $170.00 |
| Nov 19, 2025 | B of A Securities | Maintained | Neutral | $140.00 |
| Aug 26, 2025 | Barclays | Maintained | Overweight | $165.00 |
| Aug 26, 2025 | Benchmark | Maintained | Buy | $160.00 |
| Aug 26, 2025 | B of A Securities | Maintained | Neutral | $141.00 |
| Aug 26, 2025 | New Street Research | Downgraded | Buy → Neutral | $120.00 |
| May 28, 2025 | Benchmark | Maintained | Buy | $128.00 |
| May 28, 2025 | JP Morgan | Maintained | Neutral | $105.00 |
| May 28, 2025 | China Renaissance | Downgraded | Buy → Hold | $107.00 |
| May 27, 2025 | Jefferies | Maintained | Buy | $121.00 |

## Frequently Asked Questions

### What is the latest analyst rating on PDD?

On Sep 10, 2026, JP Morgan maintained PDD Holdings at Neutral with a price target of $95.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).