Wall Street is Bullish on PDD Holdings (PDD), Here's Why?

PDD Holdings Inc. (NASDAQ:PDD) is one of the Blue Chip Stocks to Buy with the Lowest PE Ratios. The company released its fiscal second-quarter results for 2025 on August 25, topping Wall Street revenue and EPS consensus. Analysts have been bullish on the stock since its earnings release.

PDD Holdings Inc. (NASDAQ:PDD) delivered a revenue of $14.54 billion, up 6.69% year-over-year and ahead of expectations by $178.40 million. Moreover, the EPS of $3.09 was also ahead of consensus by $1.03. Management noted that they continued to invest in merchant support throughout the quarter to build a healthier, more sustainable platform ecosystem.

After the release, on August 26, Saiyi He from CMB International Securities reiterated a Buy rating on PDD Holdings Inc. (NASDAQ:PDD) and raised the price target from $134.5 to $146.3. On the same day, Fawne from Benchmark Co. also reiterated a Buy rating on the stock while raising the price target from $128 to $160.

PDD Holdings Inc. (NASDAQ:PDD) operates global e-commerce platforms connecting buyers, merchants, and manufacturers.

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Disclosure: None. This article is originally published at Insider Monkey.