Group 1 - PDD Holdings Inc. (NASDAQ:PDD) exceeded expectations in its fiscal Q2 results, reporting a significant profit beat, but concerns about the sustainability of these profits remain [1][2] - The company achieved modest revenue growth aligned with expectations, alongside substantial cost savings in marketing and sales, leading to a stronger-than-expected operating profit [2] - PDD Holdings operates Pinduoduo, a leading online commerce platform in China, and the rapidly expanding e-commerce marketplace Temu, which is now active in over 50 countries [3] Group 2 - CMB International Securities analyst Saiyi He maintained a Buy rating on PDD Holdings and set a price target of $146.30 [1] - Despite the potential of PDD as an investment, some analysts suggest that certain AI stocks may offer greater upside potential with less downside risk [4]
Where is PDD Holdings (PDD) Headed According to Analyst?