Is PDD Holdings (PDD) One of the Best Non-Tech Stocks to Buy According to Analysts?
Key takeaways
- Is PDD Holdings (PDD) One of the Best Non-Tech Stocks to Buy According to Analysts?
- The same day, Bof A cut the price target on PDD Holdings Inc.
- (NASDAQ:PDD) also received a rating update from Barclays on May 28.
Is PDD Holdings (PDD) One of the Best Non-Tech Stocks to Buy According to Analysts? Noor Ul Ain Rehman Sun, June 28, 2026 at 11:45 PM GMT+7 2 min read BNP.PA PDD PDD Holdings Inc. (NASDAQ:PDD) is one of the best non-tech stocks to buy according to analysts. PDD Holdings Inc. (NASDAQ:PDD) received a rating update from BNP Paribas on June 15. The firm initiated coverage of the stock with an Underperform rating and set a price target of $89.
The same day, Bof A cut the price target on PDD Holdings Inc. (NASDAQ:PDD) to $113 from $140 and maintained a Neutral rating on the shares. The firm told investors that it lowered its 2026-27 revenue forecasts by 6% and adjusted its net profit view by 21%-22% to take into account the increased ecosystem investments, which include commission rebates, merchant traffic support, and platform-funded coupons booked as contra revenue.
PDD Holdings Inc. (NASDAQ:PDD) also received a rating update from Barclays on May 28. The firm downgraded the stock to Equal Weight from Overweight, bringing the price target on the stock down to $89 from $165. The firm told investors in a research note that PDD Holdings Inc. (NASDAQ:PDD) reported its lowest non-GAAP net margin in five years in fiscal Q1.