Baidu, Inc. (BIDU)
| Market Cap | 39.87B |
| Revenue (ttm) | 18.75B |
| Net Income (ttm) | 2.77B |
| Shares Out | 360.39M |
| EPS (ttm) | 7.49 |
| PE Ratio | 17.36 |
| Forward PE | 9.39 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,576,227 |
| Open | 111.06 |
| Previous Close | 112.59 |
| Day's Range | 108.88 - 112.35 |
| 52-Week Range | 94.25 - 156.98 |
| Beta | 0.68 |
| Analysts | Strong Buy |
| Price Target | 163.31 (+47.69%) |
| Earnings Date | May 16, 2024 |
About BIDU
Baidu, Inc. engages in the provision of internet search services in China. It operates through two segments: Baidu Core and iQIYI. The company offers Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Baidu Health that helps users to find the doctor and hospital for healthcare needs; and Haokan, a short video app. It also provides Baidu Knows, an online community where... [Read more]
Financial Performance
In 2023, Baidu's revenue was 134.60 billion, an increase of 8.83% compared to the previous year's 123.68 billion. Earnings were 20.32 billion, an increase of 168.75%.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for BIDU stock is "Strong Buy." The 12-month stock price forecast is $163.31, which is an increase of 47.69% from the latest price.
News
Barclays analyst discusses overweight ratings for JD.com and Baidu
Jiong Shao of Barclays says some Chinese internet companies are doing "totally fine" despite weakness in the country's economy.
Riding Baidu's self-driving robotaxi
CNBC's Eunice Yoon joins 'Squawk Box' to share her experience riding Baidu's self-driving robotaxi.
China's Baidu posts weakest quarterly revenue growth in over a year
Chinese internet giant Baidu announced Thursday its slowest quarterly revenue growth in over a year, as competition between top players in the country's cutting-edge tech sector intensifies.
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Baidu reports stronger-than-forecast earnings
Chinese internet search provider Baidu on Thursday reported earnings ahead of estimates, helped by demand for its AI cloud business.
Baidu Stock Jumps as Earnings Top Estimates and AI Boosts Cloud Revenue
Baidu reports earnings and revenue above analysts' expectations as the Chinese tech company says its AI technology continues to propel growth in cloud revenue.
China's Baidu beats quarterly revenue estimates on ad recovery, cloud demand
China's Baidu beat analysts' estimates for first-quarter revenue on Thursday, driven by a recovery in advertising sales and higher demand for its cloud products.
Baidu Announces First Quarter 2024 Results
BEIJING , May 16, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation...
Baidu may team up with Tesla on self-driving Robotaxi production in China
Baidu Inc. is exploring a potential collaboration with Tesla Inc. to produce Tesla's self-driving Robotaxi in China. This announcement was made by Xu Baoqiang, the general manager of Baidu's autonomou...
Down 6% This Year, Will Baidu's AI Business Lead The Stock Higher Following Q1 Results?
Chinese search engine behemoth Baidu's stock (NASDAQ NASDAQ : BIDU iShares US Utilities ETF) is poised to report its Q1 2024 earnings on May 16. We expect Baidu's revenues to come in at $4.34 billion...
Baidu's robotaxi unit expects to turn profitable next year
The projection comes as Elon Musk has emphasized his plans to build up Tesla's robotaxi efforts amid a decline in revenue.
Baidu Executive Quits After Reviving Toxic Work Culture Debate
Baidu Inc.'s media relations chief is said to have resigned after posting a string of videos endorsing 24-7 work and making light of staff wellbeing. The executive's comments reverberated across socia...
Baidu PR executive apologizes for comments seen as glorifying overwork
HONG KONG — A top public relations executive from Chinese technology firm Baidu apologized Thursday after she made comments in a series of videos that critics said glorified a culture of overwork.
Baidu's PR boss, who threatened to destroy workers' careers, has reportedly left the company
Baidu's public relations lead just made a major PR blunder. Qu Jing, executive at the Chinese firm, posted several videos online encouraging extreme work.
Baidu to Hold Annual General Meeting on June 26, 2024
BEIJING , May 8, 2024 /PRNewswire/ -- Baidu, Inc. ("Baidu" or the "Company") (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), a leading AI company with strong Internet foundation, tod...
Tesla clears China data security rules, to partner with Baidu over self-driving tech: report
Elon Musk's surprise trip to China appears to have yielded results, with Tesla reportedly passing a crucial regulatory bar for its new driver assistance technology, and partnering with one of the coun...
Musk's China Visit Pays Off With Baidu-Tesla Partnership
Tesla's Elon Musk made an unannounced trip to China on Sunday, looking for approval for driver-assistance software. The surprise visit appears to have paid off, with Tesla clearing two key hurdles to ...
Tesla And Baidu Reportedly Agree To Map Deal As Elon Musk Seeks Self-Driving Approval In China
Tesla has agreed to a deal with Chinese search giant Baidu for its mapping and navigation functions, according to several reports on Monday, as the carmaker's CEO Elon Musk met with senior government ...
Baidu, Tesla agree on mapping deal for FSD in China, sources say
Baidu, China's major internet search company, reached an agreement with Tesla to grant the car company access to its mapping license for data collection on China's public roads, two people familiar wi...
Tesla clears key China assisted-driving hurdle with Baidu deal, Bloomberg News says
Tesla is set to clear a key hurdle to introduce its advanced assisted driving features in China by partnering with Baidu for mapping and navigation functions, Bloomberg News reported on Monday.
Hyundai Motor, Kia Corp sign agreement with China's Baidu on connected car technology
Hyundai Motor and Kia Corp on Sunday said the companies have signed a memorandum of understanding (MOU) with Baidu Inc to develop technologies for connected cars.
Toyota and Nissan partner with Tencent and Baidu for AI tech
On Thursday, Toyota Motor of Japan announced partnering with China's Tencent, whereas Nissan will partner with Baidu. These cross-border collaborations signify the importance of artificial intelligenc...
Baidu releases new AI tools to promote application development
One year after Chinese tech firm Baidu released its ChatGPT-like Ernie bot, the company announced tools to encourage locals to develop AI applications.
Baidu Launches Second ERNIE Cup, A Global Innovation Challenge to Discover the Next Big AI-Native Applications
SHENZHEN, China , April 17, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) ("Baidu" or the "Company"), a leading AI company with strong internet foundation, yesterday announced the lau...
Nativex Honored with Baidu's 2024 Trailblazer Award for Helping Global Brands Expand into the Chinese Market
SINGAPORE--(BUSINESS WIRE)--Nativex, a leading digital marketing platform, has been awarded the "2024 Trailblazer Award" at the Baidu Ads Channel Ecosystem Core Agent Conference. The conference, theme...