PDD Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

PDD Holdings

27/05/2026 14:31

PDD Holdings Inc PDD.OQ reported quarterly adjusted earnings of CNY9.51​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of CNY11.41.  The mean expectation of twelve analysts for the quarter was for earnings of CNY16.63 per share. Wall Street expected results to range from CNY13.62  to CNY18.88 per share.
Revenue rose 11% to CNY106.23 billion from a year ago; analysts expected CNY109.33 billion. 
PDD Holdings Inc's reported EPS for the quarter was CNY8.48​.
The company reported quarterly net income of CNY12.55 billion.
PDD Holdings Inc shares had fallen by 5.4% this quarter and lost 14.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.4% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 27 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy" 
Wall Street's median 12-month price target for PDD Holdings Inc is $142.00, about 31.9% above its last closing price of $96.64
This summary was machine generated from LSEG data May 27 at 01:31 p.m. UTC. ​All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Mar. 31 2026 
16.63
9.51
Missed
Dec. 31 2025 
20.76
17.69
Missed
Sep. 30 2025 
16.84
21.08
Beat
Jun. 30 2025 
15.74
22.07
Beat