---
title: "Weekly Recap | PDD -3.04%, most brokers rate it buy"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297389879.md"
description: "PDD fell 3.04% this week to $85.69, while the S&P 500 added 0.49%, leaving the stock roughly 3.53 percentage points behind the benchmark. The week opened higher at $90.945 on Monday, 24 August, touched an intra-week high of $91.90, then drifted lower each day. Thursday, 27 August marked the week’s low at $83.72, before a recovery pulled the close back to $85.69 on Friday, 28 August. Weekly amplitude came to 8.99%, with average daily volume around 7.88m shares, about 19."
datetime: "2026-08-29T06:10:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297389879.md)
  - [en](https://longbridge.com/en/news/297389879.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297389879.md)
generator: "portal-rs"
---

# Weekly Recap | PDD -3.04%, most brokers rate it buy

## The Week

PDD fell 3.04% this week to $85.69, while the S&P 500 added 0.49%, leaving the stock roughly 3.53 percentage points behind the benchmark. The week opened higher at $90.945 on Monday, 24 August, touched an intra-week high of $91.90, then drifted lower each day. Thursday, 27 August marked the week’s low at $83.72, before a recovery pulled the close back to $85.69 on Friday, 28 August. Weekly amplitude came to 8.99%, with average daily volume around 7.88m shares, about 19.7% above the median.

## Key Events

The dominant story was second-quarter earnings. Before Monday’s open, PDD reported revenue of RMB 112.4bn, up 8% year on year but below estimates, while net income of RMB 27.2bn dropped 12% year on year; adjusted EPS and operating profit both beat expectations. The market response was mixed: the stock rose 3.12% in pre-market trading and nearly 3% intraday, yet ended the regular session down 2% at $86.73. On the earnings call, management said it aims to build ‘another PDD’ over the next three years, ruled out instant retail, and outlined a first-party brand strategy with co-created products. Tariff news also featured, with EU levies flagged as a possible pressure point for Temu margins after earlier US trade friction.

## Analyst Ratings

Coverage totals 38 institutions: 18 rate it buy, 4 overweight, 13 hold, 1 underweight, 1 sell, and 1 no opinion. The consensus rating is buy, with a consensus target of $116.03, about 35.4% above the latest price. The target range is wide, from a low of $85.00 to a high of $171.40, signalling division over future profit momentum. Within the retailer sector, PDD ranks 3rd out of 26 names.

## The Week Ahead

The coming week brings a dense schedule of US macro releases: Dallas Fed manufacturing activity on Monday, 31 August; S&P Global manufacturing PMI final, ISM manufacturing PMI and JOLTS job openings on Tuesday, 1 September; then ADP employment, factory orders and EIA crude inventories on Wednesday, 2 September. Earnings are now behind us, but tariff developments and PDD’s investment pace remain the key follow-through themes.

## In Short

This week paired a mixed earnings print with a weaker share price: revenue missed while profit beat, most brokers rate it buy with a consensus target above spot, yet the stock still lagged the market and the latest session showed relatively active small- and medium-lot flows. Valuation sits at roughly 9.2x P/E and 1.85x P/B, relatively low. What matters next is how EU tariff moves and the company’s reinvestment push reshape profit expectations, alongside macro data feeding risk appetite across Chinese equities.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

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- [PDD.US](https://longbridge.com/en/quote/PDD.US.md)
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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**