🔥Stock Prediction: How will PDD close Wed 20/03 following their earnings?

Tiger_Earnings
03-19

Click to vote. Guess how will close Wednesday 20/03 following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.

$Pinduoduo Inc.(PDD)$ is scheduled to release its 4Q23 financial results on Wednesday March 20. Morgan Stanley analyst Eddy Wang reiterated an Overweight rating and $181.00 price target on Pinduoduo Inc.

The analyst Eddy Wang comments“We believe its 4Q23 OMS (online marketing services) revenue growth could be the next share price catalyst. We expect OMS to grow 47% YoY in 4Q23, which implies 20% YoY GMV growth, outpacing ecommerce industry growth of 7.3% YoY. We attribute the expected outperformance to continued market share gains owing to its 'low price' mindshare benefiting from consumers' price sensitiveness against a backdrop of weak consumption. ”

$Pinduoduo Inc.(PDD)$ earnings call will be held on 20 March 2024 at approximately at 19:30 SGT. To set a reminder, please click here

PDD Q4 earnings consensus

Wall Street Consensus Estimate for EPS has been 11.283. The consensus mark for revenues is currently pegged at 79.874 billion yuan

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💰Event Details

  • Click to vote. Guess where $Pinduoduo Inc.(PDD)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.

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⏰Event Duration

The deadline for this event is 16:00 on 20 March 2024

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voteHow will PDD close Wed 20/03 following their earnings?(Single choice)
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