Baidu, Inc. (BIDU)
NASDAQ: BIDU · IEX Real-Time Price · USD
86.87
+0.66 (0.77%)
At close: Jul 2, 2024, 4:00 PM
87.00
+0.13 (0.15%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Baidu Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Baidu stock have an average target of 157.54, with a low estimate of 125 and a high estimate of 222. The average target predicts an increase of 81.35% from the current stock price of 86.87.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Baidu stock from 13 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 9 | 9 | 8 | 8 | 8 |
| Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 14 | 14 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Maintains $155 → $130 | Strong Buy | Maintains | $155 → $130 | +49.65% | Jun 21, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $150 → $135 | Buy | Maintains | $150 → $135 | +55.40% | May 24, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $180 | Strong Buy | Reiterates | $180 | +107.21% | May 17, 2024 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $140 → $125 | Buy → Hold | Downgrades | $140 → $125 | +43.89% | May 17, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $140 → $130 | Strong Buy | Maintains | $140 → $130 | +49.65% | May 10, 2024 |
Financial Forecast
Revenue This Year
143.23B
from 134.60B
Increased by 6.41%
Revenue Next Year
152.96B
from 143.23B
Increased by 6.79%
EPS This Year
82.61
from 55.12
Increased by 49.87%
EPS Next Year
87.72
from 82.61
Increased by 6.19%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 154.9B | 171.5B | 181.1B | 201.2B | 223.7B |
| Avg | 143.2B | 153.0B | 160.3B | 182.0B | 198.6B |
| Low | 134.3B | 140.3B | 122.4B | 163.5B | 172.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.1% | 19.8% | 18.4% | 25.5% | 22.9% |
| Avg | 6.4% | 6.8% | 4.8% | 13.5% | 9.1% |
| Low | -0.2% | -2.0% | -19.9% | 2.0% | -5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 98.26 | 111.28 | 127.99 | 115.74 | 136.92 |
| Avg | 82.61 | 87.72 | 95.98 | 112.43 | 133.01 |
| Low | 71.46 | 71.68 | 77.42 | 108.02 | 127.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 78.3% | 34.7% | 45.9% | 20.6% | 21.8% |
| Avg | 49.9% | 6.2% | 9.4% | 17.1% | 18.3% |
| Low | 29.6% | -13.2% | -11.7% | 12.5% | 13.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.