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Revenue Growth May Fail to Mask Profit Pressure as Wall Street Cuts Target Price to $80

Revenue Growth May Fail to Mask Profit Pressure as Wall Street Cuts Target Price to $80

TradingKey – Before the U.S. market open on August 24, Pinduoduo (PDD) will report its second-quarter 2026 financial results and hold an earnings conference call at 7:30 a.m. Eastern Time.

FactSet estimates that the company’s second-quarter revenue will reach approximately $16.94 billion, up about 16.7% year-over-year, while adjusted earnings per share are projected at around $2.72, down roughly 11.6% year-over-year.

This means Pinduoduo may once again deliver results showing continued revenue growth alongside a decline in profitability.

As of the trading day prior to the earnings release, Pinduoduo’s stock price was still hovering around $90, with the market awaiting the report to provide new answers regarding the company’s growth…

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