PDD Holdings Inc ADR

PDD: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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PDD Earnings: Fair Value Estimate Raised by 25% to USD 154; Shares Undervalued as Uncertainty Eases

Chelsey Tam

Nov 19, 2025

PDD Holdings' third-quarter EBIT rose 3% year on year versus a 21% decline in the second quarter. Revenue growth from its online marketing services and others segment slowed sequentially to 8% from 13%.

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PDD Holdings Inc ADR

PDD Earnings: Fair Value Estimate Raised by 25% to USD 154; Shares Undervalued as Uncertainty Eases

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