Baidu, Inc. (BIDU)
| Market Cap | 32.25B |
| Revenue (ttm) | 18.56B |
| Net Income (ttm) | 2.68B |
| Shares Out | 350.65M |
| EPS (ttm) | 7.56 |
| PE Ratio | 12.16 |
| Forward PE | 8.84 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,632,463 |
| Open | 90.85 |
| Previous Close | 91.62 |
| Day's Range | 90.24 - 92.90 |
| 52-Week Range | 79.68 - 126.23 |
| Beta | 0.49 |
| Analysts | Strong Buy |
| Price Target | 131.23 (+42.67%) |
| Earnings Date | Nov 19, 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 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 $131.23, which is an increase of 42.67% from the latest price.
News
'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 ...
Baidu, XPeng And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Monday.
Alibaba, Bilibili, Baidu Slip. Why China's Stimulus Pledge Isn't Boosting Stocks.
China's finance minister laid out a plan to boost the country's faltering economy, but stopped short of sharing a concrete spending target.
Chinese stocks see mixed reaction to stimulus press conference
Chinese stocks had a mixed reaction Monday to a press conference over the weekend where officials promised further action but didn't deliver a clear number on how much the country would spend in doing...
Chinese stocks rebound amid fiscal support hopes, ending morning session higher
Chinese stocks concluded a turbulent morning session on a positive note, buoyed by investor optimism regarding potential fiscal support measures announced by the finance ministry over the weekend. As ...
Record selling of Chinese stocks by hedge funds follows disappointing press conference, Goldman Sachs says
After a press conference by the National Development and Reform Commission yielded little in the way of new measures, Goldman Sachs says it recorded the largest single-day net selling of Chinese secur...
Baidu to expand Apollo Go robotaxi service outside of China
Baidu, the Google of China, will roll out its driverless ride-hailing service overseas as it seeks to compete with the dearth of autonomous vehicle companies at home.
Alibaba, JD.com, Baidu Stocks Slump. Why China Stimulus Skepticism Won't Go Away.
ADRs were getting hit following another down day for markets in the world's second-biggest economy.
Baidu Seeks to Roll out Robotaxi Service Outside China
Chinese internet company Baidu has been seeking new growth engines in fields such as self-driving technology as its core advertising business has slowed in recent years.
Baidu's robotaxi unit is exploring expansion into global markets in the 'near future'
Chinese tech company Baidu's robotaxi unit, Apollo Go, is in talks to expand overseas in the near future, according to a source familiar with the situation. Regulators in parts of Beijing and cities s...
Baidu Plans International Expansion for Autonomous Taxi Service Apollo Go
Baidu is reportedly preparing to launch its autonomous taxi service, Apollo Go, outside of China. According to informed sources, the company is in talks with foreign automakers, ride-hailing platforms...
What's Next For Chinese Stocks After Stimulus Rally Stumbles?
Chinese stocks came under pressure on Tuesday after a disappointing update from the government tempered some of last month's exuberance that propelled Chinese stocks out of a bear market in recent wee...
Chinese Tech Stocks Slump as Nasdaq's Golden Dragon Index Dips
On Tuesday, major Chinese stocks experienced significant declines, leading to a 6.85% drop in the Nasdaq Golden Dragon China Index (HXC). Among those showing gains, Taiwan Semiconductor Manufacturing ...
Nasdaq Golden Dragon Index Sees Largest Drop Since March 2023 as Chinese Stocks Decline
The Nasdaq Golden Dragon China Index took a significant hit, dropping 5.4% in its initial trading phase, marking its steepest decline since March 2023. This downturn affected numerous popular Chinese ...
Alibaba, Baidu, Weibo And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Tuesday.
Baidu CFO Rong Luo steps down from role, to head mobile ecosystem unit
Baidu , finance chief Rong Luo will step down from the role to lead its mobile ecosystem unit, the Chinese search engine giant said on Tuesday.
Baidu Announces Management Rotation
BEIJING , Oct. 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, to...
Chinese Chip Stocks Are in Rally Mode
Top Chinese chipmaker Semiconductor Manufacturing International Corp. led a $13 billion sector rally, after investors bet that Beijing will declare more policy or financial support for an industry cen...
Goldman and Citigroup Boost Ratings on Chinese Stocks Amid Positive Outlook
As the Chinese stock market reopens after the National Day holiday, investors are keen to see if the pre-holiday rally will continue. Goldman Sachs has raised its rating on Chinese stocks to "overweig...