PDD Holdings Inc.
PDDInternet Retail Open
77.33-2.1%Up to 500x leverageTrade PDD
What it reported
Reported 80 days ago, on 2026-08-24.
Forecast against the result
| Forecast | Reported | Surprise | |
|---|---|---|---|
| Revenue | 16.9B | 16.5B+14.0% year on year | -2.4% |
| Net income | 27.2B | 27.2B-11.6% year on year | +0.1% |
| Earnings per share | 2.72 | 2.85-7.5% year on year | +4.8% |
Year on year compares the same quarter a year earlier (2025-08-25), not the quarter before.
How small a move wipes out your margin
PDD trades at up to 500x here. At 500x, a 0.20% move against you wipes out the whole margin. This ignores fees, funding and maintenance margin, all of which bring liquidation forward. Your actual liquidation price is the one shown on the order page.
You can hold through the announcement here
PDD is quoted here 24 hours a day and does not stop when the US market closes. On a US exchange the same news only shows up as a gap at the next open.
What the market expects
For the quarter ending 2026-09-30.
Against the same quarter last year (2025-11-18): EPS +529.1%revenue +656.9%
These are third-party analyst forecasts. CoinUnited.io does not produce them and does not choose which analysts are included.
Where the revenue comes from
- Online Marketing Services And Others89.1%18.5B
- Transaction Services10.9%2.3B
Most recent reported quarter (2020-12-31).
Track record
Next report expected 2026-11-18. Reports quarterly.
Beat estimates 4 of the last 8 quarters. The typical gap is +0.01 per share.
How much it actually moves
±5.6%
Median move across the two sessions around the report, over its last 8 results. On an ordinary two-day stretch it moves 1.9%.
2026-08-24-0.42%
2024-11-21Move over the two sessions around each report2026-08-24
Beat or miss, then up or down
| Rose | Fell | |
|---|---|---|
| Beat | 1 | 3 |
| Missed | 1 | 3 |
Counted across 8 results. This is what happened, not what will.
Where analysts put it in 12 months
A different timescale from the rest of this page: these are 12-month views, not the two-day move around a report.
| Firm | Target | Set on | Source |
|---|---|---|---|
| Morgan Stanley | 90.00 | 2026-11-09 | StreetInsider |
| Arete Research | 93.00 | 2026-09-07 | TheFly |
| Deutsche Bank | 105.00 | 2026-08-24 | TheFly |
| Daiwa | 80.00 | 2026-06-23 | TheFly |
| Barclays | 89.00 | 2026-05-28 | TheFly |
| Macquarie | 87.00 | 2026-05-27 | TheFly |
| Bernstein | 110.00 | 2026-05-27 | TheFly |
| US Tiger Securities | 100.00 | 2026-05-27 | StreetInsider |
From 8 firms that published a target in the last 180 days, latest call per firm. Targets are set by those firms; CoinUnited.io does not produce or endorse them.
Reported results
| Reported | EPS forecast | EPS actual | Surprise | Revenue surprise |
|---|---|---|---|---|
| 2026-08-24 | 2.72 | 2.85 | +4.8% | -2.4% |
| 2026-05-27 | 2.4 | 1.38 | -42.5% | -3.3% |
| 2026-03-25 | 2.98 | 2.53 | -15.1% | -0.5% |
| 2025-11-18 | 2.21 | 2.96 | +33.9% | -13.5% |
| 2025-08-25 | 1.91 | 3.08 | +61.3% | -3.9% |
| 2025-05-27 | 2.49 | 1.56 | -37.3% | -8.1% |
| 2025-03-20 | 2.56 | 2.76 | +7.8% | +5.9% |
| 2024-11-21 | 2.76 | 2.648 | -4.1% | -2.5% |
| 2024-08-26 | 2.89 | 3.2 | +10.7% | -5.2% |
| 2024-05-22 | 1.6 | 2.83 | +76.9% | -11.7% |
| 2024-03-20 | 1.59 | 2.4 | +50.9% | +21.6% |
| 2023-11-28 | 1.23 | 1.55 | +26.0% | +22.8% |
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SE EPS history for PDD runs from 2017-03-31 to 2026-08-24, 32 reports.Reaction history covers its last 8 results, which is as deep as our daily price baseline reaches.