Baidu, Inc. (BIDU)
| Market Cap | 32.30B |
| Revenue (ttm) | 18.75B |
| Net Income (ttm) | 2.77B |
| Shares Out | 358.68M |
| EPS (ttm) | 7.44 |
| PE Ratio | 11.68 |
| Forward PE | 9.39 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,776,424 |
| Open | 88.39 |
| Previous Close | 86.87 |
| Day's Range | 88.32 - 90.30 |
| 52-Week Range | 85.08 - 156.98 |
| Beta | 0.52 |
| Analysts | Strong Buy |
| Price Target | 157.54 (+74.93%) |
| Earnings Date | Aug 20, 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 $157.54, which is an increase of 74.93% from the latest price.
News
AI Opportunities Emerge As Baidu Stock Plummets To 52-Week Low
Baidu Inc BIDU, the Chinese search engine giant, has seen its stock price plummet to a new 52-week low, reflecting a decline of 38% over the past year and falling 25% year-to-date. As of recent tradin...
Top 3 Tech And Telecom Stocks That May Explode In Q2
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
Baidu launches upgraded AI model, says user base hits 300 mln
Chinese search engine giant Baidu on Friday unveiled an upgraded version of its artificial intelligence (AI) model, Ernie 4.0 Turbo, as it seeks to maintain its position in China's competitive AI mark...
Baidu Stock Plunges To 52-Week Lows: Is A Comeback On The Horizon?
Baidu Inc. BIDU stock is in free fall. The Beijing-based company hit a 52-week low of $88.48 on Thursday. It's down 38.12% in the past year and 25.43% year-to-date.
Baidu Introduces AI and Agent-Driven Innovations at Annual Mobile Ecosystem Event to Transform Mobile Experience
Baidu presented its latest advances across a range of its mobile products, including Baidu Search, Baidu Wenku, and the Baidu App, all seamlessly integrated with ERNIE agents. The revamped Baidu Wenku...
Mizuho Securities analyst names 3 bright spots in China's internet sector
James Lee, U.S. and China internet analyst at Mizuho Securities, says travel, e-commerce and cloud computing are "very encouraging" segments within the sector.
Elon Musk predicts smarter-than-humans AI in 2 years. The CEO of China's Baidu says it's 10 years away
Robin Li, the CEO of Baidu, one of China's biggest technology firms, said artificial intelligence that is smarter than humans, or AGI, is more than 10 years away. Artificial general intelligence, or A...
Chinese tech giants slash prices of language models used to power AI chatbots
Chinese tech giants Alibaba and Baidu slashed prices on Tuesday of large-language models (LLMs) used to power generative artificial intelligence products, as a price war in the cloud computing sector ...
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...