Recent Investment Analysts’ Ratings Changes for PDD (PDD)

A number of research firms have changed their ratings and price targets for PDD (NASDAQ: PDD):

• 1/23/2026 – PDD was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
• 1/20/2026 – PDD had its “buy” rating reaffirmed by analysts at Citigroup Inc..
• 1/15/2026 – PDD was given a new $148.00 price target on by analysts at Morgan Stanley.
• 1/6/2026 – PDD was given a new $170.00 price target on by analysts at Loop Capital.
• 1/3/2026 – PDD was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating.
• 12/9/2025 – PDD was given a new $130.00 price target on by analysts at Arete Research.
• 12/9/2025 – PDD was downgraded by analysts at Arete Research from a “buy” rating to a “neutral” rating. They now have a $130.00 price target on the stock.

PDD (NASDAQ: PDD) is the holding company best known for operating Pinduoduo, a China-based, mobile-first e-commerce platform that emphasizes interactive, social shopping and group-buying mechanics to drive user engagement and low prices. Founded in 2015 by entrepreneur Colin Huang, the business has grown by connecting consumers directly with merchants and manufacturers, with particular emphasis on value-oriented goods and fresh agricultural produce. The company is based in Shanghai and completed a U.S.