Baidu, Inc. (BIDU)
| Market Cap | 36.50B |
| Revenue (ttm) | 18.98B |
| Net Income (ttm) | 2.87B |
| Shares Out | 363.09M |
| EPS (ttm) | 7.61 |
| PE Ratio | 13.03 |
| Forward PE | 9.39 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,591,105 |
| Open | 102.50 |
| Previous Close | 99.90 |
| Day's Range | 100.28 - 103.37 |
| 52-Week Range | 94.25 - 156.98 |
| Beta | 0.68 |
| Analysts | Strong Buy |
| Price Target | 173.69 (+72.79%) |
| 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 $173.69, which is an increase of 72.79% from the latest price.
News
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...
Baidu Presents a Suite of Toolkits and Models to Supercharge AI Creativity at Create 2024
ERNIE Bot has amassed 200 million users while ERNIE API now handles 200 million daily queries. Baidu presented three AI development toolkits: AgentBuilder, AppBuilder and ModelBuilder, helping to boos...
Baidu Says Ernie AI Chatbot Now Has 200 Million Users
The number of users of Baidu's Ernie Bot, China's most popular ChatGPT-style chatbot, has doubled in recent months to more than 200 million, according to the company.
Baidu says its ChatGPT-like Ernie bot exceeds 200 million users
Baidu CEO Robin Li was speaking at the company's annual "Create" conference for artificial intelligence developers. Li is also co-founder and chairman of Baidu.
Baidu says AI chatbot 'Ernie Bot' has amassed 200 million users
China's Baidu said on Tuesday its artificial intelligence chatbot “Ernie Bot” has garnered more than 200 million users as it seeks to remain China's most popular ChatGPT-like chatbot amid increasingly...
Baidu to Report First Quarter 2024 Financial Results on May 16, 2024
BEIJING , April 12, 2024 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong internet foundation...
Baidu Create 2024: Empowering Everyone as Creators of the AI Future
BEIJING , April 1, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888), a leading AI company with strong Internet foundation, will host its annual flagship AI developer conference Baidu Cre...
Can Apple and A.I. Make Baidu Cool Again?
China's search leader was long viewed as an also-ran. Shifting political and technological winds might change that.
Apple reportedly in talks with Baidu on AI for devices
CNBC's Steve Kovach joins the 'Fast Money' traders to talk the Wall Street Journal's report that Apple is in talks with Baidu concerning AI for its devices.
Report: Apple Considers Adding Baidu's GenAI to Devices in China
Apple is reportedly in preliminary talks with Chinese tech giant Baidu, exploring a potential partnership to use Baidu's generative artificial intelligence technology for Apple devices in China. The m...
Baidu Stock Jumps on Report It's in Talks With Apple About AI
The Wall Street Journal reports Apple has been exploring teaming up with external companies to ramp up its artificial intelligence ambitions.
Apple held talks with China's Baidu over AI use in its devices, WSJ reports
Apple has held preliminary talks with Baidu about using the Chinese company's generative artificial-intelligence technology in its devices in China, the Wall Street Journal reported on Friday.
Alibaba, JD.Com, Other China Stocks Rise. Why Economic Data Point to More Gains.
China's industrial output grew 7% year-over-year in the first two months of 2024, the fastest growth in two year.
Baidu, Inc. Files Its Annual Report on Form 20-F
BEIJING , March 18, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong internet foundat...
Baidu is the 'Google of China,' strategist says on Buy rating
The tech sector has been inundated with companies looking to tap into AI. Roundhill Investments Chief Strategy Officer Dave Mazza joins Yahoo Finance for Good Buy or Goodbye, giving investors tips for...
Baidu Launches China's First 24/7 Robotaxi Service
The start of round-the-clock operations comes as the third major operational expansion of Baidu's robotaxi service in 2024. In Feb 2024, Baidu was approved for robotaxi pilot operation on highways to ...
Key competitors to Baidu's cloud business are not Alibaba or Tencent: Analyst
Shawn Yang of Arete Research says that Baidu is "still doing better" than Alibaba or Tencent when it comes to AI development.
Baidu's latest results are 'very respectable,' analyst says
James Lee, U.S. and China internet analyst at Mizuho Securities, discusses the Chinese tech giant's earnings and a "dislocation" between U.S. and China internet.
Baidu Profit Halves After AI Spending Erodes Bottom Line
Chinese search engine firm Baidu Inc.'s profit plunged a worse-than-anticipated 48%. This underscores the growing costs of training and developing artificial intelligence to fend off challengers.
Baidu Posts Record Revenue Amid Search for New Growth Engines
Chinese search-engine giant Baidu posted record quarterly revenue and higher adjusted profit, helped by higher ad spending and the rising profile of its ChatGPT-rival chatbot.
China's Baidu quarterly revenue misses estimates
China's Baidu fell short of analysts' estimates for fourth-quarter revenue on Wednesday, as advertisers kept a tight leash on their spending budgets amid an uneven economic recovery in the Asian power...
Baidu Announces Fourth Quarter and Fiscal Year 2023 Results
BEIJING , Feb. 28, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong Internet foundati...