These Analysts Slash Their Forecasts On PDD Holdings Following Q2 Results
These Analysts Slash Their Forecasts On PDD Holdings Following Q2 Results
PDD Holdings Inc (NASDAQ:PDD) reported weaker-than-expected revenue for its fiscal second quarter on Monday.
PDD Holdings Inc（納斯達克股票代碼：PDD）週一公佈的第二財季收入低於預期。
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.
該公司公佈的收入同比增長86％，達到133.6億美元（9706元人民幣），未達到分析師共識估計的140.2億美元。這家中國在線零售商調整後的每股ADS收益爲3.20美元（23.24元人民幣），較去年同期10.47元人民幣有所增加，超過了分析師普遍預期的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董事長兼聯席首席執行官陳雷表示：「儘管我們對過去幾個季度取得的穩步進展感到鼓舞，但我們看到了未來許多挑戰。」
"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.
「在過去的一個季度中，我們的收入增長率同比放緩。展望未來，由於競爭加劇和外部挑戰，收入增長將不可避免地面臨壓力。」 PDD Holdings財務副總裁劉軍女士說。
PDD shares fell 28.5% to close at $100.00 on Monday.
週一，PDD股價下跌28.5％，收於100.00美元。
These analysts made changes to their price targets on PDD following earnings announcement.
業績公佈後，這些分析師更改了PDD的目標股價。
- 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.
- 伯恩斯坦分析師朱羅賓維持PDD Holdings的跑贏大盤，並將目標股價從235美元下調至170美元。
- b of A Securities分析師喬伊斯·朱維持該股的買入，並將目標股價從206美元下調至170美元。
- 花旗集團分析師艾麗西亞·亞普將PDD的評級從買入下調至中性，並將目標股價從194美元下調至120美元。
Considering buying PDD stock? Here's what analysts think:
考慮購買 PDD 股票？以下是分析師的想法：
