Top Wall Street Forecasters Revamp PDD Expectations Ahead Of Q2 Earnings

PDD Holdings Inc. (NASDAQ:PDD) will release its second quarter earnings report before the opening bell on Monday, Aug. 24.

Analysts expect the company to report quarterly earnings of $2.77 per share on revenue of $17.13 billion, according to Benzinga Pro.

On May 27, PDD Holdings reported a year-over-year decrease in first-quarter adjusted EPS results.

Shares of PDD Holdings fell 0.8% to close at $89.52 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• BNP Paribas analyst Colin Liu initiated coverage on the stock with an Underperform rating and a price target of $89 on June 16, 2026. This analyst has an accuracy rate of 57%.
• Barclays analyst Jiong Shao downgraded the stock from Overweight to Equal-Weight and cut the price target from $165 to $89 on May 28, 2026. This analyst has an accuracy rate of 61%.
• Macquarie analyst Ellie Jiang downgraded the stock from Outperform to Neutral and decreased the price target from $151 to $87 on May 28, 2026. This analyst has an accuracy rate of 50%.
• Benchmark analyst Fawne Jiang maintained a Buy rating and cut the price target from $160 to $127 on May 28, 2026. This analyst has an accuracy rate of 65%.
• Citigroup analyst Alicia Yap maintained a Buy rating and slashed the price target from $142 to $123 on May 27, 2026. This analyst has an accuracy rate of 59%.

Considering buying PDD stock? Here’s what analysts think:

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