Baidu, Inc. (BIDU)
| Market Cap | 30.42B |
| Revenue (ttm) | 19.10B |
| Net Income (ttm) | 2.92B |
| Shares Out | 350.65M |
| EPS (ttm) | 8.30 |
| PE Ratio | 11.47 |
| Forward PE | 8.46 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,554,783 |
| Open | 86.55 |
| Previous Close | 86.02 |
| Day's Range | 85.95 - 87.00 |
| 52-Week Range | 79.68 - 126.23 |
| Beta | 0.51 |
| Analysts | Strong Buy |
| Price Target | 130.08 (+49.95%) |
| Earnings Date | Nov 21, 2024 |
About BIDU
Baidu, Inc. provides online marketing and cloud services through an internet platform in the People’s Republic of China. It operates in two segments, Baidu Core and iQIYI. The Baidu Core segment offers search-based, feed-based, and other online marketing services; cloud services; and products and other services from AI initiatives. This segment also operates Haokan, a user generated and professionally produced short videos platform. The iQIYI segment operates an online entertainment video platform that offers original, professionally produced, ... [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 19.60 billion, an increase of 181.26%.
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 $130.08, which is an increase of 49.95% from the latest price.
News
Baidu Stock Slips. Why China's Leading Search Engine Is Playing Catchup With AI.
Baidu's results weren't particularly bad, but it has failed to shake off problems growing advertising sales.
Baidu posts 3% drop in third-quarter revenues, beating market expectations
Beijing-based Baidu operates one of the major web browser search engines in China, along with a frequently used maps app.
China's Baidu posts 3% fall in third-quarter revenue, beats market estimates
Baidu reported a 3% fall in third-quarter revenue on Thursday, beating market estimates, as China's biggest internet search provider grappled with weak spending on its advertising services in a sluggi...
Baidu Announces Third Quarter 2024 Results
BEIJING , Nov. 21, 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 foundatio...
Can Baidu Break Bearish Spell? Buying Pressure Shows Bullish Pre-Earnings Potential
Baidu Inc BIDU will report its third-quarter earnings on Thursday. Wall Street expects $2.35 in earning per share and $4.69 billion in revenues as the company reports before market hours.
'DAY OF RECKONING IS COMING': Expert sounds alarm over China stocks on US exchanges
A 'Mornings with Maria' panel asks why the U.S. is funding its opposition as Trump's Cabinet could cause de-listing of China stocks on U.S. exchanges.
Baidu Q3 Preview: 7x PE Doesn't Matter - AI Needs To "Show Me The Money"
Baidu's AI innovations are impressive, but its core businesses are stagnant, and AI revenue impact remains marginal, limiting overall growth potential. Despite trading at an attractive 7x forward PE, ...
The Big Short's Michael Burry: Betting On China With Baidu And Others
Michael Burry's Scion Asset Management has significant positions in Alibaba, Baidu, and JD.com, with puts as hedges against potential downturns in Chinese stocks. Baidu, Inc., often called the “Google...
'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China
Michael Burry bolstered his bets on three Chinese tech companies last quarter. The "Big Short" investor raised his stakes in Alibaba, Baidu, and JD.com but also hedged the wagers.
Michael Burry added to bets on Chinese stocks last quarter — but there's a catch
Michael Burry, the hedge-fund investor made famous by Michael Lewis's book “The Big Short,” upped his bets on Chinese stocks during the third quarter — but he's also making sure to protect his downsid...
Baidu Unveils iRAG and No-Code Tool Miaoda to Drive AI Application Boom
- The new iRAG technology mitigates hallucinations in image generation, boosting the applicability of AI-generated images.- Miaoda is a no-code tool that enables users to build application...
Baidu bolsters AI lineup with text-to-image generator, no-code app builder
China's Baidu Inc unveiled a slew of new applications for its artificial intelligence technology on Tuesday, including a text-to-image generator and a tool that enables users to develop software appli...
China's Baidu Readies AI Smart Glasses to Rival Meta
Baidu is set to unveil a pair of glasses with a built-in AI assistant. Sources say the Chinese tech giant plans to showcase the product at its annual Baidu World event in Shanghai next week.
Baidu: Buy After The Post-Stimulus-News Dip, Big FCF Yield
Global fund managers are optimistic about worldwide economic growth, driven by China's significant stimulus, despite mixed recent fund flows and low expectations for China. Baidu's strong profitabilit...
Hang Seng Index Climbs as Baidu and Alibaba Surge with US Election in Focus
Hang Seng Index gains on US-led momentum and China stimulus hopes. Tech and banking stocks drive gains in Asian and US markets.
Baidu to Report Third Quarter 2024 Financial Results on Nov 21, 2024
BEIJING , Oct. 28, 2024 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, t...
It's Time To Buy Baidu Again
Baidu is highly undervalued, with significant potential from its AI/robotaxi segment not factored into its stock price, making it a strong buy around $90. Technical indicators suggest Baidu has likely...
'I worry about the longevity of this rally': China expert David Riedel warning to investors
David Riedel, Riedel Research President & Founder, joins 'Fast Money' to talk the impact of Chinese stimulus on markets.
China Renaissance says investors should maintain their weightings in Chinese stocks
Andy Maynard, managing director and head of equities at China Renaissance, is "very, very confident that we will perform, but it's just going to be medium term as opposed to short term."
Alibaba and Baidu Invest in China Self-Driving IPO. How It Measures Up to Tesla.
Horizon Robotics plans to raise as much as 5.41 billion Hong Kong dollars ($696.6 million) in an initial public offering on the Hong Kong stock exchange.
CIO: Hold tactical allocation in Chinese stocks until housing market stabilizes
Stefan Hofer from LGT Bank Asia says resolving the supply glut in the Chinese housing market is a key signal for investors to be structurally long Chinese stocks.
Alibaba, Baidu Invest in Chinese Smart-Driving Tech Company's Near $700 Million IPO
Alibaba and search-engine giant Baidu are investing in a nearly $700.0 million equity offering by a Chinese smart-driving firm, indicating rising demand for assets in the rapidly growing market for au...
This Major Sell-Off in Chinese Stocks Could Be Your Buy Signal
The market's price action and attention are making a new shift this quarter. For most of 2024, everyone wanted to find the next best thing in the United States technology sector, as the semiconductor ...