Baidu, Inc. (BIDU)

NASDAQ: BIDU · IEX Real-Time Price · USD
89.68
-1.22 (-1.34%)
Jul 19, 2024, 10:52 AM EDT - Market open
-1.34%
Market Cap 33.64B
Revenue (ttm) 18.75B
Net Income (ttm) 2.77B
Shares Out 373.92M
EPS (ttm) 7.44
PE Ratio 12.23
Forward PE 9.39
Dividend n/a
Ex-Dividend Date n/a
Volume 1,106,138
Open 90.68
Previous Close 90.90
Day's Range 89.21 - 90.68
52-Week Range 85.08 - 156.98
Beta 0.49
Analysts Strong Buy
Price Target 149.69 (+67.61%)
Earnings Date Aug 22, 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]

IPO Date Aug 5, 2005
Employees 39,800
Stock Exchange NASDAQ
Ticker Symbol BIDU
Full Company Profile

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 Statements

Analyst Forecast

According to 13 analysts, the average rating for BIDU stock is "Strong Buy." The 12-month stock price forecast is $149.69, which is an increase of 67.61% from the latest price.

Price Target
$149.69
(67.61% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Baidu Selects Hesai as Exclusive Long-Range Lidar Provider for Next-Generation Robotaxis

PALO ALTO, Calif. , July 18, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar safety technology for automotive and robotics applications, announced that they have been ...

Other symbols: HSAI
1 day ago - PRNewsWire

Baidu to Report Second Quarter 2024 Financial Results on Aug 22, 2024

BEIJING , July 17, 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...

2 days ago - PRNewsWire

Baidu's Robotaxi Sets Stage For Driverless Revolution With 54.6% Upside: Analyst

Several factors could help Baidu.com Inc‘s BIDU Robotaxi initiative disrupt urban transportation, analysts note.

2 days ago - Benzinga

Chinese Stocks Fall on Disappointing Economic Growth

Baidu, Alibaba, and Tencent were falling on Monday.

Other symbols: BABATCEHY
3 days ago - Barrons

Baidu's stock climbs on Robotaxi expansion amid long-term decline: Should you Buy?

On Wednesday, shares of Chinese tech giant Baidu Inc. (NASDAQ: BIDU) surged 2.66% following an announcement by Beijing authorities supporting the integration of robotaxis into ride-hailing and car ren...

8 days ago - Invezz

Baidu Gets a Boost on Suggestions Its Robotaxi Business Is Taking Off

American Depositary Receipts (ADRs) of Baidu (BIDU) advanced in intraday trading Wedesday on reports the Chinese internet search engine's Apollo Go robotaxi business is set to take off in that country...

8 days ago - Investopedia

Baidu Regains Some Ground as Chinese Tech Stocks Stir

Best known for its search engine, Baidu's business has expanded to AI, robotaxis, and a chatbot called Ernie.

9 days ago - Barrons

China leads the patents race for generative AI, with Tencent and Baidu topping the list

Geographically, China leads with 38,210 inventions from 2014 to 2023, far outpacing the U.S. (6,276), Republic of Korea (4,155), Japan (3,409) and India (1,350). Tencent, Ping An Insurance and Baidu a...

Other symbols: TCEHY
15 days ago - CNBC

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...

20 days ago - Benzinga

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.

Other symbols: MAXORAN
21 days ago - Benzinga

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...

21 days ago - Reuters

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.

4 weeks ago - Benzinga

‘The China equity trade is back' and here are the stocks to pick, says SocGen

Early futures action suggest the S&P 500 SPX will open a fraction shy of the fresh record close hit this week.

5 weeks ago - Market Watch

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...

7 weeks ago - PRNewsWire

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.

Other symbols: BABATCEHY
7 weeks ago - CNBC International TV

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...

2 months ago - CNBC

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 ...

Other symbols: BABA
2 months ago - Reuters

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.

Other symbols: JD
2 months ago - CNBC International TV

Riding Baidu's self-driving robotaxi

CNBC's Eunice Yoon joins 'Squawk Box' to share her experience riding Baidu's self-driving robotaxi.

2 months ago - CNBC Television

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.

2 months ago - TechXplore

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.

2 months ago - WSJ

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.

2 months ago - Market Watch

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.

2 months ago - Barrons

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.

2 months ago - Reuters

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...

2 months ago - PRNewsWire