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

Core Viewpoint - PDD Holdings Inc. is set to release its first-quarter earnings results, with analysts projecting earnings of $2.49 per share and revenue of $14.17 billion [1]. Group 1: Earnings Expectations - The earnings report is scheduled for May 27, before the market opens [1]. - Analysts expect the company to report quarterly earnings of $2.49 per share [1]. - Projected quarterly revenue is anticipated to be $14.17 billion [1]. Group 2: Recent Stock Performance - PDD Holdings shares experienced a decline of 0.5%, closing at $119.24 [2]. Group 3: Analyst Ratings - Benchmark analyst Fawne Jiang maintains a Buy rating with a price target of $160, with an accuracy rate of 69% [7]. - Nomura analyst Jialong Shi downgraded the stock from Buy to Neutral, reducing the price target from $137 to $130, with an accuracy rate of 75% [7]. - Jefferies analyst Thomas Chong kept a Buy rating but lowered the price target from $171 to $156, with an accuracy rate of 60% [7]. - Barclays analyst Jiong Shao maintained an Overweight rating, cutting the price target from $224 to $158, with an accuracy rate of 69% [7].