Weiss downgrades PDD Holdings stock to sell
Published on 10/27/2026 at 17:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst rating and results
- Weiss Ratings moved PDD Holdings from Hold to Sell on October 9, 2026.
- Second-quarter revenue reached USD 16.51 billion, up 14.9 percent year over year.
- PDD Holdings stock costs EUR 69.90 at Lang & Schwarz on October 27, 2026 at 5:49 p.m. CEST, down 0.14 percent versus the Tradegate close of October 26, 2026.
- Third-quarter results are estimated for November 18, 2026.
PDD Holdings (ISIN US7223041028) was downgraded from Hold to Sell on October 9, 2026, according to MarketBeat. The decision puts the analyst view against a second-quarter revenue increase, while the company continues to prepare for its next report. At Lang & Schwarz, the stock stood at EUR 69.90 on October 27, 2026 at 5:49 p.m. CEST, down 0.14 percent versus the Tradegate close of October 26, 2026 at EUR 70.00.
Revenue grew as profit fell
PDD Holdings reported USD 16.51 billion in revenue for the second quarter of 2026, up 14.9 percent from USD 14.38 billion a year earlier, according to Ticker Scout on October 12, 2026. Net income fell 6.1 percent to USD 3.99 billion from USD 4.25 billion, while operating profit rose 14.4 percent to USD 4.08 billion. A USD 1.09 billion loss in other income weighed on the bottom line.
Stock sits 44.19 percent below its high
The Nasdaq quote was USD 77.81 on October 27, 2026 at 12:54 p.m. EDT. PDD Holdings had a market capitalization of USD 110.7 billion, a price-to-earnings ratio of 8.21, and volume of 1,290,336 shares at that time. The USD 71.94 to USD 139.41 52-week range places the stock 8.16 percent above its low and 44.19 percent below its high.
November brings the next date
MarketBeat estimates that PDD Holdings will report third-quarter 2026 results on November 18, 2026, before the Nasdaq opens. The conference call is scheduled for November 17, 2026 at 7:30 a.m. ET. The next report will test whether revenue growth can continue while net income remains under pressure.
Rating meets operating pressure
The October 9 downgrade matters because it arrived after a quarter with two opposing signals: revenue rose 14.9 percent in US dollar terms, but net income declined 6.1 percent. For investors, the November report will put the analyst rating beside the company's next quantified update rather than beside a bare price move.
The euro price after Xetra
PDD Holdings stock stood at EUR 69.90 at Lang & Schwarz on October 27, 2026 at 5:49 p.m. CEST, 0.14 percent below the Tradegate close of October 26, 2026 at EUR 70.00. The Nasdaq quote was USD 77.81 on October 27, 2026 at 12:54 p.m. EDT. The further course of trading is shown by the continuously updated real-time quote of PDD Holdings stock.
PDD Holdings stock facts
- Company: PDD Holdings Inc.
- ISIN: US7223041028
- Ticker: PDD
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 27, 2026, 5:49 p.m. CEST): EUR 69.90
- Change versus Tradegate close: minus 0.14 percent
- Tradegate close (October 26, 2026): EUR 70.00
- Market capitalization: USD 110.7 billion (as of October 27, 2026)
- 52-week range: USD 71.94-139.41 (as of October 27, 2026)
- Sector / Industry: Consumer Cyclical / Specialty Retail
- Next earnings date: November 18, 2026
Market context: Market report S&P 500.
