Baidu, Inc. (BIDU)
Market Cap | 29.08B |
Revenue (ttm) | 19.10B |
Net Income (ttm) | 2.92B |
Shares Out | 350.65M |
EPS (ttm) | 8.30 |
PE Ratio | 9.99 |
Forward PE | 9.82 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,011,340 |
Open | 81.00 |
Previous Close | 80.73 |
Day's Range | 80.90 - 83.94 |
52-Week Range | 77.19 - 116.25 |
Beta | 0.45 |
Analysts | Buy |
Price Target | 119.27 (+43.84%) |
Earnings Date | Feb 18, 2025 |
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 11 analysts, the average rating for BIDU stock is "Buy." The 12-month stock price forecast is $119.27, which is an increase of 43.84% from the latest price.
News
Baidu to Report Fourth Quarter and Fiscal Year 2024 Financial Results on February 18, 2025
BEIJING , Jan. 17, 2025 /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...
Hong Kong Chinese stocks set to soar 21% in 2025, says HSBC
The Hong Kong-listed Chinese equities market is primed for a turnaround, with HSBC forecasting a 21% upside in the Hang Seng China Enterprises Index (HSCEI) for 2025. HSBC's strategists, including Her...
Baidu: Too Cheap To Ignore
Baidu's shares surged in September due to Beijing's stimulus packages, creating a new buying opportunity at a favorable valuation for investors. I rated Baidu a strong buy in June due to its robust on...
Goldman Sachs Backs Chinese Equities as Markets React to Economic Slowdown and Tariff Concerns
U.S. listed Chinese stocks, including Alibaba Group Holding BABA, Baidu, Inc BIDU, JD.com, Inc JD, PDD Holdings Inc PDD, Bilibili Inc BILI, NIO Inc NIO, XPeng Inc XPEV Li Auto Inc LI remained on inves...
Chinese Stocks Rebound In 2024 After 3-Year Slump: 3 ETFs To Watch
In 2024, Chinese stocks finally rebounded from challenges like the pandemic, property market struggles, and weak consumer confidence, ditching a three-year losing streak despite a slight dip on the fi...
Baidu: Patience Will Be Rewarded
Baidu faces challenges from economic uncertainty, Chinese fiscal policies, and US-China tensions, but patience is key for investors. BIDU's valuation is attractive with a trailing price to sales multi...
Baidu Is Cheap And Has Low Growth, But AI Is A Wildcard
Baidu stock is recommended due to its strong AI capabilities and dominant position in China's search engine market. The company's robust financial performance and strategic investments in autonomous d...
Options Corner: PLTR, SHOP, BIDU
Today's Options Corner turns to unusual activity across A.I., ecommerce and internet stocks.
US-Listed Chinese Stocks React To Underwhelming Consumption Data
U.S. listed Chinese stocks Alibaba Group Holding. BABA, JD.com, Inc. JD and Baidu, Inc. BIDU, NIO Inc. (NYSE: NIO), Li Auto Inc. (NASDAQ: LI), and XPeng Inc. (NYSE: XPEV) stocks are trading lower on M...
Geely, Baidu pledge to solve payroll issues facing EV venture
China's Geely (GEELY.UL) and Baidu said on Friday they would help the management of their troubled electric vehicle venture Ji Yue Auto to solve disputes with employees including over social welfare a...
US-Listed Chinese Stocks Give Up Gains In Anticipation Of More Stimulus
On Thursday, Alibaba Group Holding. (NYSE: BABA), also known as China's tech barometer, traded upwards as China kicked off its annual economic work conference on Wednesday to outline its policies and ...
Baidu, Geely's EV venture faces uproar after it says needs fresh funds
The CEO of China's Ji Yue Auto was surrounded by people demanding to know how they would be paid, videos posted online on Thursday showed, a day after the EV maker said it would streamline operations ...
US Listed Chinese Stocks Jump On China's Stimulus Measures, Looser Monetary Policy Assurances
On Monday, U.S.-listed Chinese stocks like Alibaba Group Holding. (NYSE: BABA), JD.com, Inc. (NASDAQ: JD), Baidu, Inc. (NASDAQ: BIDU), NIO Inc. (NYSE: NIO), Li Auto Inc. (NASDAQ: LI), and XPeng Inc. (...
Apple facing hurdles in adapting Baidu AI models for China, The Information reports
Apple and Baidu are working to add AI features to iPhones sold in China, but are facing hurdles that could hurt the tech giant's phone sales in the country, The Information reported on Wednesday.
Hang Seng Index: Tech Stocks Weigh as Tariffs Loom, with Baidu Down 1.01%
China's Economy Faces Pressure as PMI Falls: A weaker-than-expected Caixin Services PMI raises calls for stimulus as China struggles with weak demand and tariff threats.
Baidu's Apollo autonomous vehicles granted licence to test in Hong Kong
China's Baidu has received the licence to test autonomous vehicles with its Apollo robotaxi service in Hong Kong as it expands its footprint outside Chinese mainland.
Baidu Q3 Earnings: AI Revenue Remains Strong; 22% Below Its Book Value Is A Contrarian Buy (Upgrade)
Baidu's stock hit a new post-pandemic low during intra-day trading following a disappointing 3Q FY2024 earnings report, as management indicated no significant improvement in advertising spending patte...
Baidu Stock Downgraded. Why AI Search Is a Big Worry.
Shares in the Chinese tech company have tumbled this year as Beijing struggles to reboot the world's second-largest economy.
Baidu: Growth Algorithm Stuck In Neutral With AI Hype And Ad Blues
Baidu's 3Q24 results were in line, but weak advertising due to China's soft macro backdrop and early-stage AI development are concerning. Ongoing investments in AI and autonomous driving could weigh o...
Baidu: The AI-Driven Transformation Will Turn Things Around
Baidu's leadership in AI, autonomous driving, and search engine transformation, combined with its compelling valuation, supports a bullish long-term investment thesis. Despite short-term challenges in...
Baidu Q3 2024 Review: The Good, The Bad, And The Ugly
With Baidu reporting a double miss for Q3 2024, BIDU stock has dipped by ~6% to a multi-year support zone in the low $80s. In Q3, Baidu's AI Cloud and Apollo Go businesses made tremendous progress, bu...
Nasdaq Edges Higher; Baidu Shares Fall After Q3 Results
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining by more than 500 points on Thursday.