Should I buy PDD Holdings stock in 2025?

What is PDD Holdings?

How much is the PDD Holdings stock?

The price of PDD Holdings stock is declining this week. As of now, the share price stands at $98.29, with a slight intraday gain of +$0.41 (+0.42%), but a sharp 7-day drop of -17.95%. Market capitalisation is $139.54 billion, with an average trading volume over the past three months of 10.89 million shares. The stock’s P/E ratio is at 10.57, there’s currently no dividend yield, and its beta is 0.56. These figures suggest relatively low volatility, which may appeal to Irish investors seeking diversified global exposure despite recent performance swings.

Our full analysis of the PDD Holdings stock

Having carefully examined PDD Holdings’ most recent financial disclosures, assessed its stock trajectory over the last three years, and rigorously compared it to both sectoral peers and macroeconomic indicators using our proprietary quantitative models, it is clear that PDD Holdings stands at a pivotal moment. The integration of robust financial metrics, dynamic technical patterns, and forward-looking strategic initiatives introduces new dimensions for discerning investors. So, why might PDD Holdings stock once again become a strategic entry point into the global e-commerce and technology sector in 2025?

Recent Performance and Market Context

Despite notable volatility in recent months, PDD Holdings (NASDAQ: PDD) demonstrates a resilience characteristic of global e-commerce leaders. As of 30 May 2025, the stock is trading at $98.29, having experienced:

• A sharp intraday upside (+0.42%) following post-earnings stabilization
• A weekly decline of -17.95%, primarily reflecting a knee-jerk reaction to Q1 2025 results
• A modest 6-month gain of +1.79%—noteworthy amid sector-wide consolidation
• A 1-year pullback of -35.02%, which has contributed to a marked derating and presents a potentially compelling valuation reset

The sharp correction in May was catalysed by Q1 earnings missing analyst expectations, particularly on profit margins. However, these conditions have historically provided fertile ground for high-quality growth stocks to stage meaningful recoveries—especially when their secular growth story remains intact.

On the macro front, PDD benefits from twin tailwinds: the global shift towards digital consumption, and robust e-commerce spend in emerging markets. The group’s exposure to both China—where it holds a dominant market share—and international expansion through its Temu platform in 86 countries positions it to capture significant incremental demand as consumers accelerate their online spending across geographies. Furthermore, the technology sector is currently favoured in global portfolios—especially among European and Irish investors seeking currency and sector diversification.

Technical Analysis

From a technical perspective, PDD’s chart action is especially instructive at current levels:

• RSI (14 days): 33.94—approaching oversold territory, historically a precursor to powerful reversals in quality growth names.
• MACD (12,26,9): -0.52—now showing a nascent buy signal, indicating that recent selling pressure may be abating.
• Moving averages:
• 20-day: $112.42 (signal of recent downside momentum)
• 50-day: $109.70
• 100-day: $111.51
• 200-day: $113.46

Importantly, the price is currently compressed below all key moving averages, a pattern often observed at medium-term bottoms rather than sustainable declines, especially when combined with a firming RSI and MACD bottoming formation.

• Key technical support lies at $87.11 (52-week low)
• Immediate pivot zone: $98.07–$98.47
• Major resistance: $155.67 (52-week high)

Momentum indicators suggest that a stabilization and subsequent bullish move from current support levels may be unfolding, particularly as PDD enters oversold conditions. These dynamics frequently attract institutional liquidity seeking to enter high-growth stories at a discount.

Fundamental Analysis

Moving beyond technicals, PDD Holdings' core fundamentals remain robust and in many respects, undervalued:

• Q1 2025 Revenue: RMB 95.67 billion ($13.18B, +10% YoY) confirms continued topline expansion, outpacing many mature global peers.
• Net profit: RMB 14.74B ($2.05B, -47% YoY), a decline explained by increased reinvestment in international growth and marketing, rather than core business deterioration.
• Trailing P/E: 10.57—well below the sector median and a marked discount to both global and Chinese e-commerce comps.
• Analyst price targets: Consensus sits at $130.62–$144.24, implying substantial upside (33–46%) from present levels.

Strategically, PDD’s strengths include:

• Dominant domestic position: Cemented leadership in group-buying and value-based marketplaces in China.
• Temu global expansion: Rapid scale-up across 86 countries, leveraging PDD's proprietary consumer-to-merchant model.
• Technological innovation: Continued investment in AI-driven personalization and supply chain optimisation.
• ESG profile: Focused on digital inclusion and SME enablement, themes increasingly favoured by international investors.

Compared to high-multiple, low-growth tech names, PDD’s combination of scale, innovation, and structural cost advantage supports a differentiated and resilient business model.

Volume and Liquidity

Liquidity levels are highly supportive of active participation:

• Average daily volume: 10.89 million shares (3-month average)—ensuring efficient price discovery and minimal slippage for both institutional and retail investors.
• Market capitalisation: A substantial $139.54B, signifying inclusion in major global benchmarks and drawing attention from fund managers seeking exposure to high-growth Asia-centric internet names.

The sizable float and ample turnover tend to facilitate dynamic price adjustments and attract capital at inflection points, conditions now observable in PDD Holdings as sentiment rebounds.

Catalysts and Positive Outlook

Several catalysts underpin the case for renewed strength in PDD Holdings shares:

• Global expansion of Temu: PDD’s flagship international venture is now present in 86 markets, including high-growth regions in Europe and North America. As Temu continues to scale profitably, its contribution to group revenues and brand equity is likely to accelerate.
• Innovative business model: The consumer-to-merchant (C2M) approach, backed by advanced supply chain analytics and AI, creates intrinsic barriers to entry.
• Market leadership in China: Even amid fierce competition, PDD’s unrivalled reach in value-commerce and community-based transactions delivers sustainable competitive advantages.
• Potential regulatory clarity: Any progress on trade relations and tariff negotiations would serve as an additional upside lever.
• ESG and digital inclusion: Initiatives around enabling micro-entrepreneurs and promoting access to digital commerce increasingly resonate with global capital, particularly in Europe and Ireland.

Should any of these catalysts materialise more rapidly than forecast, they may serve as additional triggers for a sustained re-rating of the stock.

Investment Strategies

The current market setup makes PDD Holdings an intriguing prospect for several investor profiles:

• Short-term strategies (1–6 months):
• Oversold signals on technical charts suggest an imminent bounce is plausible.
• Entering near the $98–$100 range allows tactical positioning at a potential technical low.
• Medium-term view (6–18 months):
• Reversion to consensus price targets ($133.74–$144.24) offers high probability upside.
• Anticipated rebound in international revenue momentum and margin normalization could catalyse re-rating.
• Long-term perspective (18+ months):
• Enduring tailwinds from global e-commerce growth.
• The structural moat created by the C2M model, ongoing innovation, and expansion into untapped markets support the case for continued compounding.

For those seeking to diversify technology exposure beyond mature US-centric names, PDD stands out as an underappreciated vehicle with both secular growth and cyclical recovery potential at these levels.

Is it the right time to buy PDD Holdings?

In summary, PDD Holdings’ current share price appears to underappreciate its robust fundamentals, compelling growth trajectory, attractive valuation, and multiple near-term and structural catalysts. The stock’s recent correction has reset investor expectations, but the company’s technological strengths, relentless global expansion, and innovative business model continue to set it apart in a highly competitive industry.

While short-term volatility may persist, the preponderance of the evidence signals that PDD Holdings is entering a new bullish phase—potentially offering an excellent entry opportunity for investors seeking quality names at value prices, with meaningful exposure to both domestic China and the surging international e-commerce arena. The technical and fundamental factors align to justify renewed interest as sentiment and earnings visibility improve.

For those considering a dynamic addition to a technology or consumer growth portfolio, PDD Holdings stands out as a company whose current valuation and strategic momentum seem poised to drive future outperformance. In an environment where selectivity is essential, PDD Holdings may well represent the next compelling opportunity for investors looking to engage with the next phase of global e-commerce expansion.

How to buy PDD Holdings stock in Ireland?

Buying PDD Holdings shares online is both straightforward and secure for retail investors in Ireland. By opening an account with a regulated online broker, you can access the US NASDAQ market and purchase PDD Holdings stock with just a few clicks. The two most popular methods are classic spot buying (owning real shares) and trading via CFDs (Contracts for Difference). Each method has its own advantages and costs—below, we detail both approaches so you can make an informed decision. For a comprehensive comparison of brokers and their fees, see the broker comparison further down the page.

Spot buying

Cash (or spot) buying means investing directly in real PDD Holdings shares listed on the NASDAQ. You become a shareholder, benefiting from any rise in share price and voting rights (if available), though PDD currently pays no dividend. Irish brokers typically charge a fixed commission per order—often between €5 and €10, or the equivalent in USD (currently about $5–$10 per trade).

Example

If the PDD Holdings share price is $98.29 and you invest $1,000 (approx. €920), after a typical broker fee of $5, you can buy about 10 shares ($1,000 - $5 = $995 / $98.29 = ~10 shares).

Gain scenario

If the share price rises by 10% to $108.12, your 10 shares are now worth $1,081.20.
Result: Gross gain of about $100 (+10% on your investment), before selling fees and any taxes.

Trading via CFD

CFD trading lets you speculate on the price movement of PDD Holdings shares without actually owning them. CFDs are popular with active traders because they offer leverage—meaning you can control a larger position with a smaller upfront amount. Fees typically include the spread (difference between buy and sell price) and overnight financing if you hold leveraged positions for more than one day.

Example

You open a CFD on PDD Holdings with $1,000 and use 5x leverage, giving you exposure to $5,000 worth of stock.

Gain scenario

If PDD’s share price rises by 8%, your position’s value increases by 8% × 5 = 40%.
Result: $400 gain on a $1,000 investment (excluding spread and overnight fees).

Final advice

Before investing, it’s vital to compare broker fees, platform features, and the range of available financial products. Some brokers are better for standard share dealing, while others specialise in CFDs and derivatives. Your ideal method depends on your investment goals: choose classic share buying for long-term exposure, or consider CFDs for shorter-term speculation with leverage. For help choosing the right broker in Ireland, see our comparison further down the page.

Our 7 tips for buying PDD Holdings stock

The latest news about PDD Holdings

PDD Holdings maintains headquarters in Dublin, Ireland, enhancing its relevance for investors and regulators in Ireland. The company's legal and tax residency in Dublin fosters strong ties with IE’s regulatory framework and positions PDD as a notable constituent for Irish-based institutional portfolios. This alignment with the local jurisdiction not only facilitates smoother compliance for Irish investors but also enhances access for European funds seeking exposure to international e-commerce innovators directly linked to Ireland.

PDD's Q1 2025 results showed a 10% revenue increase year-on-year, highlighting ongoing operational resilience despite market challenges. For the first quarter of 2025, PDD reported revenues of $13.18 billion, continuing its growth trajectory, even as it faces slowing momentum and intensified competition. This consistent expansion, rooted partly in Temu’s global reach, is a constructive signal of fundamental strength, particularly appealing for analysts seeking global growth stories headquartered in Europe.

Temu, PDD’s cross-border platform, is now active in 86 countries, signifying robust international expansion beyond its original base. The expansion into numerous markets demonstrates PDD’s commitment to scaling its consumer-to-merchant model internationally, which has included Western Europe. While direct operations in Ireland have not yet been flagged, the ability for Irish consumers to access Temu’s services, and the growing brand awareness in Ireland, supports future business integration and makes the stock more relevant for local market watchers.

The analyst consensus remains bullish, with 14 Buy recommendations and target prices notably above current market levels. Despite share price volatility after Q1 earnings, leading analyst platforms project an average price target between $130 and $144, well above the current $98 mark. This indicates a strong expectation for recovery and growth from the current correction, providing a constructive outlook for Irish institutional and retail investors evaluating medium- to long-term opportunities.

Technical indicators suggest the recent correction may offer an attractive entry point, with a neutral RSI and positive MACD signal. The Relative Strength Index (RSI) of 33.94 reflects a stock approaching oversold territory, while MACD signals a potential buy opportunity. Combined with the company’s stable fundamentals, these technical data points may encourage Irish and European investors with tactical allocation mandates to monitor PDD Holdings closely for potential rebounds driven by both internal improvement and international expansion momentum.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.