These Analysts Slash Their Forecasts On PDD Holdings Following Q2 Results
These Analysts Slash Their Forecasts On PDD Holdings Following Q2 Results
"In the past quarter, our revenue growth rate slowed quarter-on-quarter. Looking ahead, revenue growth will inevitably face pressure due to intensified competition and external challenges," said Ms. Jun Liu, VP of Finance of PDD Holdings.PDD Holdings Inc (NASDAQ:PDD) reported weaker-than-expected revenue for its fiscal second quarter on Monday.
PDD Holdings Inc（纳斯达克：PDD）周一公布了其财务第二季度营业收入低于预期。
The company posted revenue growth of 86% year-on-year to $13.36 billion (97.06 billion Chinese yuan), missing the analyst consensus estimate of $14.02 billion. The Chinese online retailer's adjusted earnings per ADS of $3.20 (23.24 Chinese yuan) increased from 10.47 Chinese yuan Y/Y, beating the analyst consensus estimate of $2.73.
该公司的营业收入同比增长86%，达到1336亿美元（9706亿人民币），低于分析师平均预期的1402亿美元。这家中国在线零售商的每股调整后的盈利为3.20美元（23.24人民币），同比增长10.47元，超过分析师平均预期的2.73美元。
"While encouraged by the solid progress we made in the past few quarters, we see many challenges ahead," said Mr. Lei Chen, Chair and Co-CEO of PDD Holdings.
PDD Holdings的主席兼联席首席执行官雷晨先生表示：“尽管我们在过去几个季度取得了扎实的进展，但我们面临着许多挑战。”
"In the past quarter, our revenue growth rate slowed quarter-on-quarter. Looking ahead, revenue growth will inevitably face pressure due to intensified competition and external challenges," said Ms. Jun Liu, VP of Finance of PDD Holdings.
“过去一个季度，我们的营业收入增长率环比放缓。展望未来，由于竞争加剧和外部挑战，营业收入增长必然面临压力，”PDD Holdings财务副总裁刘军女士表示。
PDD shares fell 28.5% to close at $100.00 on Monday.
PDD股票周一下跌28.5%，收于100.00美元。
These analysts made changes to their price targets on PDD following earnings announcement.
这些分析师在PDD发布财报后对其价格目标进行了调整。
- Bernstein analyst Robin Zhu maintained PDD Holdings with an Outperform and lowered the price target from $235 to $170.
- B of A Securities analyst Joyce Ju maintained the stock with a Buy and slashed the price target from $206 to $170.
- Citigroup analyst Alicia Yap downgraded PDD from Buy to Neutral and lowered the price target from $194 to $120.
- 伯恩斯坦分析师罗宾·朱维持买入评级，将价格目标从235美元下调至170美元。
- 美银证券分析师乔伊斯·朱维持买入评级，并将价格目标从206美元下调至170美元。
- 花旗集团分析师Alicia Yap将pdd holdings的评级从买入降至中立，并将目标价从194美元下调至120美元。
Considering buying PDD stock? Here's what analysts think:
考虑买入pdd holdings的股票吗？以下是分析师的观点：
