PDD Holdings Inc. (PDD) is a Buy on Robust Temu Business and Europe Growth

Group 1 - PDD Holdings Inc. (NASDAQ:PDD) is favored by billionaire David Tepper as a top stock pick for 2026, with a consensus Moderate Buy rating on Wall Street, consisting of 7 Buys and 4 Holds, and an average price target of $146.39, indicating a 30.74% upside potential [1] - Analysts at Benchmark reiterated a Buy rating on PDD with a price target of $160, citing solid third-quarter results and moderate revenue growth, driven by domestic ecosystem investments and a healthy increase in Temu's international business [2][3] - The company's international business segment, particularly in Europe, has become a key growth driver, leading to raised revenue forecasts for 2025 and 2026 [3] Group 2 - BofA analysts lowered their price target for PDD from $141 to $140 while maintaining a Neutral rating, expressing concerns over a slowdown in online marketing services (OMS) revenue, which grew 8% year over year, down from 13% in the previous quarter [4] - PDD Holdings operates popular online marketplaces, primarily Pinduoduo in China and Temu globally, focusing on value-for-money products and interactive shopping experiences to connect consumers with businesses through social and group buying models [5]