PDD Holdings stock trades at 8.05 times earnings as Q2 margin falls
Published on 10/26/2026 at 17:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSValuation and earnings in view
- MarketScreener lists PDD Holdings at 8.05 times estimated 2026 earnings.
- Second-quarter 2026 revenue reached USD 16.51 billion, up 14.90 percent year over year.
- PDD Holdings stock costs EUR 69.70 at Lang & Schwarz on October 26, 2026 at 5:44 p.m. CEST.
PDD Holdings (ISIN US7223041028) trades at 8.05 times estimated 2026 earnings, while its second-quarter results showed higher revenue but lower net income. MarketScreener lists the Nasdaq-listed company at that forward multiple. The stock was trading at EUR 69.70 at Lang & Schwarz on October 26, 2026 at 5:44 p.m. CEST.
Revenue grows, profit moves lower
Ticker Scout reports that PDD Holdings generated USD 16.51 billion in revenue in the second quarter of 2026, the period ended June 30, 2026. Revenue increased 14.90 percent from the prior-year quarter, while net income fell 6.10 percent to USD 3.99 billion and operating profit rose 14.40 percent to USD 4.08 billion.
The earnings mix is less straightforward than the sales figure. Other income swung to a USD 1.09 billion loss in the second quarter of 2026 from USD 16.45 million of income a year earlier, according to Ticker Scout. Operating cash flow still reached USD 3.77 billion in that quarter.
Nasdaq valuation stays in focus
On Nasdaq, PDD Holdings was trading at USD 77.96 on October 26, 2026 at 12:48 p.m. EDT, down 1.37 percent from the prior session. The company had a market capitalization of USD 111.0 billion on that date, while its 52-week Nasdaq range stood at USD 71.94 to USD 139.41. Its year-to-date performance was minus 30.29 percent through October 23, 2026.
The valuation gap reflects a market weighing strong cash generation against slower earnings momentum. MarketScreener records a Benchmark target cut from USD 127.00 to USD 114.00 on August 25, 2026, with a Buy rating. The dated call is older than the current market snapshot, but it frames the difference between operating resilience and investor expectations.
What the next filing may add
Ticker Scout projects the next Form 6-K filing for November 17, 2026, based on PDD Holdings' filing history rather than a company-announced calendar date. The latest reported period remains the second quarter of 2026, and the next release will be important for testing whether revenue growth can stabilize profit performance.
EUR quote and Nasdaq comparison
The euro quote at Lang & Schwarz stood at EUR 69.70 on October 26, 2026 at 5:44 p.m. CEST. The Nasdaq price was USD 77.96 at 12:48 p.m. EDT on the same date, while the 2026 return was minus 30.29 percent through October 23, 2026. The further course of trading is shown by the continuously updated real-time quote of PDD Holdings stock.
PDD Holdings market data
- Company: PDD Holdings Inc.
- ISIN: US7223041028
- Ticker: PDD
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 26, 2026, 5:44 p.m. CEST): EUR 69.70
- Market capitalization: USD 111.0 billion (as of October 26, 2026)
- 52-week range: USD 71.94-139.41 (as of October 26, 2026)
- Sector / Industry: Consumer Cyclical / Specialty Retail
Market context: Market report S&P 500.
