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Benzinga
85 days

PDD Holdings Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. PDD to report Q1 earnings on May 27, expecting $2.49 EPS. 2. Projected revenue is $14.17 billion, indicates growth potential. 3. Recent Q4 earnings missed revenue expectations, stock fell 0.5%. 4. Analysts' ratings vary, with mixed sentiment on price targets. 5. Target prices for PDD have been downgraded significantly by some analysts.

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FAQ

Why Bearish?

Missed revenue expectations in Q4 can dampen investor confidence. Analysts have lowered price targets, indicating cautious sentiment.

How important is it?

With earnings around the corner, the impact of recent analyst actions and expected results can sway PDD's price, highlighting its significance.

Why Short Term?

The immediate earnings report will likely influence PDD's stock price volatility. Recent downgrades suggest short-term pressure on shares.

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