L'intérêt à découvert pour PDD Holdings donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de PDD Holdings. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

PDD Holdings (NASDAQ:PDD) Stock, Rapport sur les intérêts à découvert

PDD Holdings

PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses. PDD aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.

PDD Holdings Inc. - American Depositary Shares

PDD Holdings Inc

The stock market&#8217;s remarkable performance in 2024, with the <a href="https://www.benzinga.com/news/earnings/24/12/42308304/sp-500-hits-another-high-as-apple-tops-242-for-the-first-time-fear-index-remains-in-greed-zone">S&amp;P 500 hitting 54 all-time highs</a>, may not be a positive indicator for the future, according to analysts.
What Happened: The S&amp;P 500&#8217;s record-breaking run in 2024, fueled by factors such as Fed rate cuts, enthusiasm for artificial intelligence, and Donald Trump&#8217;s pro-market policies, has been impressive. However, this trend could be a cause for concern, as historically, years with numerous record highs have been followed by poor stock performance, analysts at Ned Davis Research said in a Monday note.
Historical data since 1928 shows that in years when the S&amp;P 500&nbsp;hit more than 35 record&nbsp;highs, the median gain for&nbsp;the index the following year was a mere 5.8%, falling short of the long-term average of 8%. In years with&nbsp;at least 50 record highs,&nbsp;the median return&nbsp;was -6% the following year.
&#8220;The obvious challenge to momentum studies is that stocks do not go up forever,&#8221; strategists said. 
&#8220;Perhaps AI will drive another productivity and profit boom that will keep inflation and Fed policy benign. History suggests that is the exception rather than the rule.&#8221;
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42286866/shiba-inu-burn-rate-explodes-by-3450-is-shib-price-going-up-72-in-december-again?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Shiba Inu Burn Rate Explodes By 3,450%: Is SHIB Price Going Up 72% In December Again?</a>
There have been exceptions to this trend, such as in 1996 when the S&amp;P 500 returned 20% despite 77 record highs the previous year. However, these gains were largely attributed to the dot-com productivity boom. &#8220;The&nbsp;obvious challenge to momentum studies&nbsp;is that stocks do not&nbsp;go up forever,&#8221; the strategists pointed out.
Other technical indicators also suggest a weaker 2025, with the majority of the stock market&#8217;s gains being concentrated among a handful of companies.
&#8220;Continued narrowing would set the stock market up for a tougher 2025,&#8221; the strategists warned.
Why It Matters: Despite this warning, some analysts remain optimistic about the stock market&#8217;s future.&nbsp;Bank of America analysts&nbsp;have predicted <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42276232/bank-of-america-eyes-sp-500-at-6666-in-2025-we-are-expecting-another-good-year-for-equities">a positive outlook for stocks in 2025</a>, with the S&amp;P 500 Index expected to reach 6,666 by the end of 2025, marking a 10% increase from current levels. This forecast is based on confidence in productivity gains, resilient corporate earnings, and strategic sector rotation.
Furthermore, Ark Invest&#8217;s Cathie Wood has expressed <a href="https://www.benzinga.com/markets/equities/24/12/42262916/ark-invests-cathie-wood-says-stock-market-will-broaden-out-under-trump-but-growth-wont-be-linear-nothing-goes-up-in-a-straight-line">her positive outlook</a> for the stock market under President-elect Donald Trump&#8217;s administration. She believes that the market is already starting to anticipate a shift, indicating potential future growth.
Despite a few dips, the equity markets have been trading higher than the pre-election levels after President-elect Trump&#8217;s victory.
The Dow Jones recorded a gain of 7.5% for November. The S&amp;P 500, reflected in the&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) gained 5.6% last month. The Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which follows the tech-heavy Nasdaq, has posted returns close to 6%.
Meanwhile, the Dow and S&amp;P 500 <a href="https://www.benzinga.com/24/12/42260445/dow-sp-record-best-month-of-year-investor-sentiment-improves-fear-greed-index-remains-in-greed-zone" target="_blank" rel="noreferrer noopener">recorded their best months</a> of the year in November, according to data from <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42296482/xrp-price-explodes-415-in-30-days-experts-analyze-why-xrp-is-going-up?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">XRP Price Explodes 415% In 30 Days: Experts Analyze Why XRP Is Going Up</a></li>
</ul>
Image via Wikimedia Commons

News

Markets

General

S&P 500's Record-Breaking Streak In 2024 Could Signal Caution For Investors In 2025, Warn Analysts: 'Stocks Do Not Go Up Forever'

CNEY

Reported Earlier, CN Energy Receives Extension From Nasdaq To Meet Minimum Bid Price Requirement Until May 2025

Hyatt spotlights ambitious growth strategy in luxury and lifestyle segments, with more focused brand portfolios to unlock the full potential of each brand.

Hyatt Accelerates Expansion In Luxury And Lifestyle Segments With Over 50 New Hotels Set To Open By 2026

<figure class="table"> 
<table>
<tbody>
<tr>
<td>Note</td>
<td>Coupon</td>
<td>Principal</td>
<td>Maturity</td>
<td>Price per Note</td>
<td>Yield to Maturity</td>
</tr>
<tr>
<td>5 year USD notes</td>
<td>5.00%</td>
<td>US$750,000,000</td>
<td>December 15, 2029</td>
<td>US$99.968</td>
<td>5.007%</td>
</tr>
<tr>
<td>10 year USD notes</td>
<td>5.40%</td>
<td>US$750,000,000</td>
<td>December 15, 2034</td>
<td>US$99.837</td>
<td>5.421%</td>
</tr>
<tr>
<td>7 year CAD notes</td>
<td>4.15%</td>
<td>C$500,000,000</td>
<td>December 15, 2031</td>
<td>C$99.836</td>
<td>4.177%</td>
</tr>
</tbody>
</table>
</figure>
&nbsp;

Reported Earlier, Canadian Natural Resources Prices $1.5B In 5- And 10-Year USD Notes And C$500M In 7-Year CAD Notes

Macquarie analyst Paul Golding maintains Iris Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) with a Outperform and raises the price target from $13.5 to $19.

Price Target

Analyst Ratings

IREN

Macquarie Maintains Outperform on Iris Energy, Raises Price Target to $19

DA Davidson analyst Linda Bolton Weiser maintains Waldencast (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WALD#NASDAQ">WALD</a>) with a Buy and raises the price target from $7.25 to $7.5.

WALD

DA Davidson Maintains Buy on Waldencast, Raises Price Target to $7.5

UBS analyst Tasso Vasconcellos downgrades YPF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YPF#NYSE">YPF</a>) from Buy to Neutral and raises the price target from $30 to $38.

Downgrades

UBS Downgrades YPF to Neutral, Raises Price Target to $38

CTRA

Reported Earlier, Coterra Energy Prices $750M Senior Unsecured Notes Due 2035 At 5.40% And $750M Notes Due 2055 At 5.90%

Jefferies analyst Roger Song maintains Replimune Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REPL#NASDAQ">REPL</a>) with a Buy and raises the price target from $16 to $19.

REPL

Jefferies Maintains Buy on Replimune Group, Raises Price Target to $19

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is reportedly facing a delay in its ambitious smart home vision, with a key product now expected to launch in 2025.
What Happened: On Wednesday, analyst Ming-Chi Kuo shared insights indicating that Apple's display-equipped HomePod, a key component of Cupertino&#8217;s strategy, has faced multiple production delays.
According to Kuo, the HomePod&#8217;s mass production was initially set for 2024 but has been postponed to after WWDC 2025, primarily due to software development challenges.&nbsp;
The new HomePod is expected to feature an A18 processor, a 6–7 inch display, and support for Apple Intelligence.
See Also: <a href="https://www.benzinga.com/markets/24/12/42286671/apples-foldable-iphone-could-spark-smartphone-market-revival-in-2026-says-expert?itm_source=parsely-api">Apple&#8217;s Foldable iPhone Could Spark Smartphone Market Revival In 2026, Says Expert</a>
He suggested that this product will mark a strategic shift in Apple&#8217;s HomePod lineup, similar to how the Apple Watch evolved from an iPhone accessory to a health management device.
"The display-equipped HomePod is expected to ship around 500,000 units in 2H25. If the market response is positive, this product's annual shipments could reach the million-unit level," Kuo predicted.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Smart Home Market Becomes Apple's Next Strategic Target; New HomePod with Display Set to Be Key Product in Apple's Smart Home Strategy<a href="https://t.co/smpxEOLb9a">https://t.co/smpxEOLb9a</a>
&mdash; 郭明錤 (Ming-Chi Kuo) (@mingchikuo) <a href="https://twitter.com/mingchikuo/status/1864184005530448366?ref_src=twsrc%5Etfw">December 4, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Previously, it was reported that Apple is working on a new AI wall tablet, <a href="https://www.benzinga.com/media/24/11/41928049/apples-new-ai-wall-tablet-with-siri-and-video-calling-set-to-challenge-amazon-and-google-in-smart-home-race">codenamed J490</a>, which aims to challenge competitors like Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) in the smart home market.
This device, expected to be announced as early as March, will serve as a home command center, integrating AI for app navigation and video calls.
Apple is also reportedly planning to enter the smart home <a href="https://www.benzinga.com/tech/24/11/41891237/apples-smart-camera-coming-in-2026-cupertino-eyeing-tens-of-millions-in-annual-shipments-says-top-supply-chain-analyst">IP camera market in 2026</a>, to achieve tens of millions in annual shipments.
According to Kuo, Apple may integrate this smart camera and HomePod "with its existing ecosystem and HomeKit to deliver a seamless smart home experience."
In October, Apple reported <a href="https://www.benzinga.com/news/earnings/24/10/41666494/apple-q4-earnings-revenue-beat-eps-beat-installed-base-hits-new-highs-iphone-sales-rise-as-apple-in">fourth-quarter revenue</a> of $94.9 billion, surpassing <a href="https://www.benzinga.com/calendars/earnings">analysts&#8217; projections</a> of $94.56 billion. The tech giant also reported adjusted earnings of $1.64 per share for the quarter, exceeding expectations of $1.60 per share.
Price Action: Apple&#8217;s stock rose 1.28% on Tuesday, closing at $242.65, with an additional 0.14% gain in after-hours trading, bringing the price to $243. So far this year, Apple shares have surged 30.71%, outperforming the Nasdaq 100 index, which has climbed 28.32% over the same period, according to <a href="http://pro.benzinga.com/">Benzinga Pro</a>.
Apple's consensus price target is $242.26 from 31 analysts, with the highest at $300 set by Wedbush on Nov. 29. Latest ratings from Wedbush, Morgan Stanley, and Maxim Group average $262.67, suggesting an 8.09% upside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/AAPL/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04022256/Screenshot-2024-12-04-at-12.52.51%E2%80%AFPM-1024x380.png" alt="" class="wp-image-675862" /></a></figure>
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42306998/zuckerberg-seeks-active-role-in-trumps-tech-policies-says-metas-president-of-global-affairs-while-admitting-they-overdid-it-a-bit-during-pandemic-content-crackdown?itm_source=parsely-api">Zuckerberg Seeks &#8216;Active Role&#8217; In Trump&#8217;s Tech Policies, Says Top Executive — Admits Meta &#8216;Overdid It&#8217; During Pandemic Content Crackdown</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

AAPL

AMZN

GOOG

GOOGL

Apple HomePod Could Be Delayed Until 2025: Top Analyst Predicts The Device Will Play Key Part In iPhone Maker's 'Smart Home Strategy'

Reported Earlier, Brookdale Chooses Non-Renewal Of Ventas Lease, Aiming For Improved Cash Flow And Shareholder Gains By 2026

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) researcher Troy Teslike said on Tuesday that while the EV giant&#8217;s sales in China are slated to rise this year as compared to the last, sales in the U.S. and Europe will drop, weighing down on the company&#8217;s <a href="https://www.benzinga.com/markets/equities/24/11/42081589/tesla-electric-offers-unlimited-overnight-charging-for-just-5-a-month-as-ev-giant-races-toward-5">overall global deliveries</a>.
What Happened: &#8220;There is no need for celebrations over the China numbers when sales are down in the U.S. and Europe,&#8221; Teslike said. 
While Tesla&#8217;s sales in China are expected to increase by over 48,000 units, sales in the U.S. and Europe are expected to drop by over 30,000 units, Teslike said.
Cybertruck is unlikely to buoy overall sales in the U.S. given that the company is planning a <a href="https://www.benzinga.com/24/12/42283708/tesla-gives-cybertruck-production-line-workers-three-days-off-report">three-day halt in production</a> this month owing to too much inventory, he noted. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Based on the latest data, here's the situation for Tesla sales this year across all four quarters compared to last year: • U.S. sales are expected to drop by over 30,000 units. • European sales are also expected to decline by more than 30,000 units. • Meanwhile, China sales…
&mdash; Troy Teslike (@TroyTeslike) <a href="https://twitter.com/TroyTeslike/status/1863963910526661098?ref_src=twsrc%5Etfw">December 3, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: For the full year 2023, Tesla delivered 1,808,581 vehicles around the globe. To mark a growth over last year, the company <a href="https://www.benzinga.com/news/24/10/41443856/tesla-offers-discounts-of-up-to-4k-on-select-model-3-y-vehicles-as-it-looks-to-avert-1st-ever-declin">has to deliver at least 514,926 vehicles</a> in the three months through the end of December.
Tesla has never managed to deliver over 500,000 EVs in a quarter to date, making this an ambitious target.
In the third quarter, Tesla reported deliveries of 462,890 vehicles, up 6.4% year-over-year and up 4.3% quarter-over-quarter.
Deliveries fell 8.5% year-on-year in the first quarter and by 4.8% in the second quarter.
According to Teslike, the <a href="https://www.benzinga.com/tech/24/11/42106067/tesla-registrations-drop-by-over-20-in-october-in-eu-possibly-hindering-its-2024-global-ev-delivery-target" target="_blank" rel="noreferrer noopener">low sales in Europe</a> will likely pull down Tesla&#8217;s global delivery numbers despite a rise in China.
Price Action: Tesla stock closed at $351.42 on Tuesday, down 1.6% for the day. Year-to-date, Tesla&#8217;s shares have risen 41.5%, according to Benzinga Pro data.
Overall, analysts have a consensus rating of &#8220;Buy&#8221; on the Tesla stock, with the highest price target being $411. The most recent analyst ratings by Roth MKM, Stifel, and UBS have an average price target of $339, implying a 3.5% downside.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="471" height="357" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04022334/Tesla-ratings-1.jpg" alt="" class="wp-image-675863" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04022334/Tesla-ratings-1.jpg 471w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04022334/Tesla-ratings-1-300x227.jpg 300w" sizes="(max-width: 471px) 100vw, 471px" /></figure>
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/24/12/42283241/gm-to-sell-its-stake-in-jvs-new-battery-cell-plant-in-lansing-to-lg-energy-solution" target="_blank" rel="noreferrer noopener">GM To Sell Stake In Michigan Battery Plant To JV Partner For Nearly $1B</a></li>
</ul>
Photo courtesy: Tesla

Equities

TSLA

Tesla's Global Sales Could Witness A Decline Due To Slowdown In Europe And US, Even As China Set To Rise This Year, Warns Expert

The Company intends to use the net proceeds it receives from the offering to fund a portion of the cash consideration for its recently announced acquisition of Ridgemar (Eagle Ford) LLC (the "Ridgemar Acquisition"), which is expected to close in the first quarter of 2025, subject to customary closing conditions and regulatory approvals

CRGY

Reported Earlier, Crescent Energy Company Prices Upsized Public Offering Of 21.5M Class A Common Shares At $14/Share

During the month of November, the Company mined 39 Bitcoin ("BTC"), or 1.3 BTC per day, a decrease from 46 mined in October 2024.
Mining revenue in November 2024 amounted to $3.4 million, an increase from $3.0 million in October 2024 due to the higher hashprice and BTC price realized in November as compared to October. As at 30 November 2024, the Company held three BTC equivalent.

ARBK

Argo Blockchain Reports Bitcoin Mining Revenue Of $3.4M For November 2024 Up From $3M In October 2024

<ul>
<li>AJOVY&#xAE; (fremanezumab) significantly reduced monthly migraine days (MMD) and monthly headache days (MHD) versus placebo over a 12-week period in pediatric patients aged 6-17 years1</li>
<li>Efficacy consistent with fremanezumab pivotal Phase 3 and Real-World Evidence studies in adults with no new emergent safety signals observed</li>
<li>Full data presented as a late breaker at European Headache Cosgress (EHC) 4-7 December in Rotterdam, Netherlands</li>
</ul>

TEVA

Teva Shares Phase 3 SPACE Trial Results Highlighting The Efficacy And Safety Of AJOVY (Fremanezumab) In Preventing Episodic Migraine In Children And Adolescents

<ul>
<li>Agreement provides significant, non-dilutive capital to&nbsp;Novavax, further enabling the Company to advance its corporate growth strategy of driving value from its pipeline assets and proven technology platform</li>
<li>Provides&nbsp;Novavax with $190 million cash payment in 2024 and additional $10 million in 2025, and annual operating cost reductions of approximately $80 million</li>
</ul>

NVAX

Novavax Sells Czech Republic Manufacturing Facility To Novo Nordisk For $200M, Cutting Annual Costs By $80M

TIPT

Tiptree's Fortegra Group Expands To UK With Regulatory Approval For New Insurance Subsidiary

The Convertible Notes will have an initial conversion rate of 5.2005 shares of the company's common stock per $1,000 principal amount of the Convertible Notes (equivalent to an initial conversion price of approximately $192.29 per share of the company's common stock). The initial conversion price represents a premium of approximately 40% to the $137.35 per share closing price of the company's common stock on The New York Stock Exchange on December 3, 2024.

Reported Earlier, Live Nation Entertainment Prices $1B Offering Of 2.875% Convertible Senior Notes Due 2030

Revolution Medicines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVMD#NASDAQ">RVMD</a>), a clinical-stage oncology company developing targeted therapies for patients with RAS-addicted cancers, today announced the pricing of 14,130,436 shares of its common stock at a public offering price of $46.00 per share, before underwriting discounts and commissions, and, in lieu of shares of common stock, to certain investors, pre-funded warrants to purchase 2,173,917 shares of common stock at a public offering price of $45.9999, which represents the per share public offering price for the common stock less the $0.0001 per share exercise price for each pre-funded warrant

RVMD

Reported Earlier, Revolution Medicines Prices Upsized $750M Public Offering Of 14,130,436 Common Stock At $46/Shares And Pre-Funded Warrants

LUNR

Reported Earlier, Intuitive Machines Prices Upsized $110M Offering 9,523,810 Class A Common Shares At $10.50/Share And Concurrent Private Placement

Baidu Q3 Earnings: AI Revenue Remains Strong; 22% Below Its Book Value Is A Contrarian Buy (Upgrade)

Bullish option flow detected in Pinduoduo with 27,864 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 38.98%. 11/29 wee...

Pinduoduo call volume above normal and directionally bullish

PDD Holdings (PDD) has released an update. PDD Holdings has announced its 2024 Annual General Meeting will be held virtually on December 20. Shareh...

PDD Holdings to Hold Virtual 2024 Annual Meeting

PDD Holdings ($PDD) offers high-growth exposure to China alongside significant undervaluation. As a leader in e-commerce, it operates the renowned ...

PDD Holdings Is a High-Growth Value Investment to Consider

The e-commerce industry is experiencing exponential growth as consumer preferences shift toward online shopping. Therefore, you might consider keeping an eye on e-commerce platforms like PDD Holdings (PDD), Sea Ltd (SE), and Etsy (ETSY), which offer immense potential. Read more… The rapid expansion of e-commerce platforms is reshaping the global retail landscape. With consumer behavior shifting toward online shopping, companies have invested heavily in digital infrastructure, seamless payment options, and faster delivery networks.
Given the industry's robust prospects, investors could consider watching fundamentally sound e-commerce stocks PDD Holdings Inc. (<a href="https://stocknews.com/stock/PDD/">PDD</a>), Sea Limited (<a href="https://stocknews.com/stock/SE/">SE</a>), and Etsy, Inc. (<a href="https://stocknews.com/stock/ETSY/">ETSY</a>) to their watchlist.
According to the <a href="https://www.census.gov/retail/ecommerce.html">Census Bureau of the Department of Commerce reports</a>, the U.S. retail e-commerce sales for the third quarter increased 2.6% year-over-year, amounting to $300.10 billion. In 2024, the <a href="https://www.sellerscommerce.com/blog/ecommerce-statistics/">global online shoppers are a total of 2.71 billion</a>, and is estimated to increase in 2025 to 2.77 billion shoppers.
The competitive landscape has led to innovative strategies, including <a href="https://useinsider.com/ai-product-recommendations/">personalized recommendations powered by AI</a> and the integration of omnichannel models. Major platforms are leveraging data analytics to enhance user experience and improve operational efficiency. This has allowed even smaller retailers to gain visibility, boosting their sales and market presence.
The global e-commerce market is anticipated to reach $6.45 trillion by 2029, <a href="https://www.statista.com/outlook/emo/ecommerce/worldwide">exhibiting a CAGR of 9.5%</a>. Also, with the increasing adoption of digital wallets and seamless cross-border shipping options, e-commerce platforms are poised to dominate retail.
Considering these conducive trends, let's examine the fundamentals of the three e-commerce stocks.
PDD Holdings Inc. (<a href="https://stocknews.com/stock/PDD/">PDD</a>)
Headquartered in Dublin, Ireland, PDD is a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform offering products like agricultural produce, apparel, shoes, bags, mother and childcare products, and food and beverage, and also operates Temu, an online marketplace.
In terms of the trailing-12-month net income margin, PDD's 29.10% is 565.1% higher than the 4.55% industry average. Similarly, its 49.15% trailing-12-month ROCE is 350.7% higher than the industry average of 10.90%. Also, its trailing-12-month ROTA of 23.19% compares to the industry average of 3.89%.
For the fiscal third quarter that ended September 30, 2024, PDD's revenues increased 44.3% year-over-year to $14.16 billion. Its non-GAAP operating profit grew 47.7% from the year-ago value to $3.81 billion. The company's non-GAAP net income attributable and non-GAAP <a href="https://www.investopedia.com/terms/e/eps.asp">earnings per share</a> came in at $3.91 billion and $0.66, up 61.3% and 60.3% from the prior year's quarter, respectively.
Street expects PDD's revenue for the fiscal fourth quarter (ending December 2024) to increase 29.7% year-over-year to $16.02 billion. Moreover, its EPS estimate of $2.67 for the same period indicates an 11.2% year-over-year growth. In addition, it surpassed the consensus EPS estimates in three of the trailing four quarters, which is promising.
PDD shares have surged 3% over the past three months to close the last trading session at $98.80.
PDD's stance is apparent in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an A grade for Quality and a B for Momentum. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
Among the 43 stocks in the A-rated <a href="https://stocknews.com/category/china/">China</a> industry, it is ranked #26. <a href="https://stocknews.com/stock/PDD/">Click here</a> to see the additional PDD ratings (Growth, Value, Stability, and Sentiment).
Sea Limited (<a href="https://stocknews.com/stock/SE/">SE</a>)
Based in Singapore, SE engages internationally in digital entertainment, e-commerce, and digital financial service businesses. The company provides a Garena digital entertainment platform to access online games, eSports operations, and other entertainment content, as well as a Shopee e-commerce platform for integrated payment and logistics infrastructure and seller services.
The stock's trailing-12-month asset turnover ratio of 0.78x is 58.5% above the industry average of 0.49x.
During the fiscal third quarter that ended on September 30, 2024, SE's revenue increased 30.8% year-over-year, amounting to $4.33 billion. Its gross profit amounted to $82.89 million, increasing 29.1% year-over-year. Its operating income came in at $202.42 million compared to the year-ago net loss of $127.74 million.
In addition, the company's net income stood at $153.32 million compared to the prior-year quarter's loss of $143.98 million, while its EPS came in at $0.24 versus a loss of $0.26 per share last year. Also, the total adjusted EBITDA rose significantly from the prior year's quarter to $521.34 million.
Analysts expect SE's revenue for the third quarter ended October 31, 2024, to increase 27.2% year-over-year to $4.60 billion, while its EPS for the same period is expected to grow significantly from the prior-year quarter to $0.70. The company surpassed Street revenue estimates in each of the trailing four quarters, which is impressive.
The stock has gained 208.8% over the past year and 185.7% year-to-date to close the last trading session at $115.71.
SE's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It also has an A grade for Growth and Sentiment and a B for Momentum and Quality. Within the A-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry, it is ranked #19 out of 52 stocks.<a href="https://stocknews.com/stock/SE/"> Click here</a> to see SE's ratings for Value and Stability.
Etsy, Inc. (<a href="https://stocknews.com/stock/ETSY/">ETSY</a>)
ETSY operates two-sided online marketplaces that connect buyers and sellers around the world. Its primary marketplace is Etsy.com, which connects artisans and entrepreneurs with various consumers.
ETSY's trailing-12-month net income margin and ROTA of 9.17% and 10.51% are 111.1% and 170.5% higher than their respective industry averages of 4.35% and 3.89%. Likewise, its trailing-12-month asset turnover ratio of 1.14x compares favorably to the industry average of 0.99x.
ETSY's revenues for the third quarter (ended September 30, 2024) increased 4.1% year-over-year to $662.41 million. It reported gross profit of $476.77 million, up 6.5% year-over-year. The company's net income came in at $57.37 million and $0.45 per share. Also, its adjusted EBITDA increased marginally year-over-year, amounting to $183.59 million.
The consensus revenue estimate of $862.71 million for the fiscal fourth quarter (ending December 2024) represents a 2.4% increase year-over-year. The consensus EPS estimate of $1.51 for the current quarter indicates a 24.3% improvement year-over-year. The company has an impressive earnings surprise history; it surpassed the consensus revenue estimate in three of the trailing four quarters.
Over the past month, the stock has surged 11.7%, closing the last trading session at $54.31.
ETSY's fundamentals are reflected in its POWR Ratings. The stock has an A grade for Quality and a B for Momentum. It is ranked #33 out of 52 stocks in the Internet industry.
Beyond what is stated above, we've also rated ETSY for Growth, Value, Stability, and Sentiment. Get all ETSY's ratings <a href="https://stocknews.com/stock/ETSY/">here</a>.
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<hr />
PDD shares were trading at $98.80 per share on Thursday afternoon, down $0.51 (-0.51%). Year-to-date, PDD has declined -32.47%, versus a 27.18% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/pdd-se-etsy-3-e-commerce-platforms-gaining-market-share-rapidly/>3 E-Commerce Platforms Gaining Market Share Rapidly</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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Investors who lost money on PDD Holdings Inc. f/k/a Pinduoduo Inc. (PDD) should contact Levi & Korsinsky about pending Class Action - PDD

Shareholders that lost money on PDD Holdings Inc. f/k/a Pinduoduo Inc.(PDD) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

Final PDD Deadline Reminder: October 15, 2024 Filing Deadline in Securities Class Action - Contact Kessler Topaz Meltzer & Check, LLP

PDD Investors Have Opportunity to Lead PDD Holdings Inc. Securities Fraud Lawsuit with the Schall Law Firm

FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of PDD Holdings f/k/a Pinduoduo

DEADLINE ALERT for EXTR, PDD, CXM, and SYM: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

PDD Holdings to Report Third Quarter 2024 Unaudited Financial Results on November 21, 2024

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PDD Holdings Announces Third Quarter 2024 Unaudited Financial Results

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