These Analysts Slash Their Forecasts On PDD Holdings Following Q3 Results
These Analysts Slash Their Forecasts On PDD Holdings Following Q3 Results
Adjusted operating profit grew by 48% Y/Y to $3.81 billion. PDD Holdings held $44.0 billion in cash and equivalents as of September 30, 2024. The company generated $3.92 billion in operating cash flow.PDD Holdings Inc (NASDAQ:PDD) reported downbeat earnings for its fiscal third quarter 2024 on Thursday.
pdd holdings公司（納斯達克：PDD）週四報告稱，其2024財年第三季度的盈利表現不佳。
The company posted revenue growth of 44% year-on-year to $14.16 billion (68.84 billion Chinese yuan), missing the analyst consensus estimate of $14.47 billion. The Chinese online retailer's adjusted earnings per ADS of $2.65 (18.59 Chinese yuan) increased from 11.61 Chinese yuan Y/Y, missing the analyst consensus estimate of $2.82. The stock plunged after the print.
該公司實現了44%的營業收入同比增長，達到141.6億（688.4億人民幣），低於分析師共識預期的144.7億。該中國在線零售商每個ADS調整後的收益爲2.65美元（18.59人民幣），較去年同期的11.61人民幣增長，低於分析師共識預期的2.82美元。股價在發佈後大幅下跌。
Revenues from online marketing services and others rose 24% Y/Y to $7.03 billion. Revenues from transaction services jumped 72% Y/Y to $7.13 billion.
在線營銷服務及其他收入同比增長24%，達到70.3億。交易服務收入同比激增72%，達到71.3億。
Adjusted operating profit grew by 48% Y/Y to $3.81 billion. PDD Holdings held $44.0 billion in cash and equivalents as of September 30, 2024. The company generated $3.92 billion in operating cash flow.
調整後的營業利潤同比增長48%，達到38.1億。pdd holdings截至2024年9月30日持有現金及現金等價物440億。該公司產生的營業現金流爲39.2億。
"Over the past quarter, our focus remained on driving the high-quality development of the platforms," said Mr. Lei Chen, Chairman and Co-Chief Executive Officer of PDD Holdings. "We are committed to investing consistently and patiently in our platform ecosystem to deliver impactful results over the long run."
「在過去的一個季度裏，我們的重點仍然是推動平台的高質量發展，」pdd holdings的董事長兼聯合首席執行官雷晨說道。「我們致力於在我們的平台生態系統中持續和耐心地投資，以便在長期內實現有影響力的成果。」
PDD shares fell 4.8% to trade at $99.06 on Friday.
pdd的股價在週五下跌4.8%，交易價格爲99.06美元。
These analysts made changes to their price targets on PDD following earnings announcement.
這些分析師在pdd holdings公佈業績後對他們的目標價格進行了調整。
JP Morgan analyst Andre Chang downgraded PDD Holdings from Overweight to Neutral and lowered the price target from $170 to $105.
Benchmark analyst Fawne Jiang maintained PDD Holdings with a Buy and cut the price target from $185 to $160.
Jefferies analyst Thomas Chong, on Thursday, maintained PDD with a Buy and lowered the price target from $181 to $171.
摩根大通分析師Andre Chang將pdd holdings的評級從「增持」下調至「中立」，並將目標價格從170美元下調至105美元。
基準分析師Fawne jiang對pdd holdings維持買入評級，並將目標股價從185美元下調至160美元。
Jefferies分析師Thomas Chong在週四維持對pdd的買入評級，並將目標股價從181美元下調至171美元。
Considering buying PDD stock? Here's what analysts think:
考慮買入pdd股票？這是分析師的看法：
