Analyst firms · Macquarie · PDD

Macquarie PDD price target and rating history

PDD Holdings Inc. (PDD) · Consumer Discretionary

Macquarie rates PDD Holdings Inc. (PDD) Neutral with a $87 price target, as of its latest action on May 28, 2026. It has published 4 rating actions on PDD since December 2021, including 1 upgrade and 2 downgrades. Across 6 firms with a PDD price target in the last 12 months, the median target is $89. Macquarie's $87 is 2% below that.

Current rating
Neutral
Price target
$87
Median target, all firms
$89
Actions on PDD
4

Macquarie price target on PDD

$224$156$8720222023202420252026
Macquarie price target on PDD, each point a stated target, December 2021 to May 2026.

Every Macquarie rating on PDD

How other firms rate PDD

Each firm's latest rating and stated target in the last 12 months.

FirmRatingPrice targetDate
Arete ResearchNeutral$93Sep 8, 2026
DaiwaHold$80Jun 23, 2026
BNP Paribas ExaneUnderperform$89Jun 16, 2026
MacquarieNeutral$87May 28, 2026
BarclaysEqual Weight$89May 28, 2026
NomuraBuy$136Mar 27, 2026
BernsteinMkt PerformNov 18, 2025

Questions about Macquarie and PDD

What is Macquarie's price target for PDD?
Macquarie's latest stated price target for PDD Holdings Inc. (PDD) is $87, from its action on May 28, 2026.
What is Macquarie's rating on PDD?
Macquarie rates PDD Neutral, a neutral rating, as of May 28, 2026.
When did Macquarie last change its view on PDD?
On May 28, 2026, Macquarie downgrades to Neutral from Outperform, price target $87.
How does Macquarie's PDD target compare with other analysts?
Across 6 firms with a PDD price target in the last 12 months, the median target is $89. Macquarie's $87 is 2% below that.

More PDD rating histories

All Macquarie ratingsPDD news and filingsEvery analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.