PDD Holdings (PDD) Earnings Surpass Estimates with 3Q Adjusted Earnings per ADS

PDD Holdings on Smartkarma

PDD Holdings Inc. is receiving coverage from several independent analysts on Smartkarma, an independent investment research network. Baptista Research has published a report titled “PDD Holdings Inc.: Breaking the Mold with Tech-Driven Farming Innovations and Skyrocketing Revenues! – Major Drivers”, where the company’s solid result and all-around beat in the quarter was noted. The report noted a 66% year-on-year increase in revenue, signaling a growing trust in its products and services.

Eric Chen has also published a report titled “Pinduoduo (PDD US): Growth Cadence Matters“, where they believe the street still significantly underestimates PDD’s growth outlook for 2H23. They remain bullish on the stock with their price target remaining unchanged. Meanwhile, Oshadhi Kumarasiri published a report titled “Pinduoduo: Short Seller, Grizzly Research Raises Spyware Concerns About TEMU“, which highlighted concerns around the shopping app “TEMU” being accused of being malware/spyware capable of exfiltrating extensive user data without their knowledge. Lastly, Shawn Yang published a report titled “[PDD Holdings (PDD US, BUY, TP US$107)]: Raise TP for GMV, Take Rate, Temu and Kuaituantuan” where they raised their 2H23 forecasts for PDD due to GMV growth, take rate, and new businesses. Eric Chen also published another report titled “Pinduoduo (PDD US): Don’t Fight with PDD“, where they reported blowout 2Q results and expect US$9 billion net profit for FY23 with 25% share price upside.

A look at PDD Holdings Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

PDD Holdings Inc. is a multinational commerce group that is set for long-term success. A recent Smartkarma Smart Scores assessment of the company gave PDD Holdings an overall score of 5, indicating a strong outlook for the future. The company scored a perfect 5 in both Growth and Momentum, showing that PDD Holdings is well-positioned to expand and thrive in the digital economy. Additionally, PDD Holdings earned a 5 in Resilience, indicating that the company is well-equipped to handle unexpected challenges. The only two areas where PDD Holdings received a lower score were Value and Dividend, with scores of 2 and 1 respectively. However, with the strong overall outlook, PDD Holdings is well-positioned to continue to grow and thrive in the long-term.

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