Baidu, Inc. offers internet search services in China. It operates through Baidu Core and iQIYI segments.
Baidu stock last closed at $156.27, up 3.55% from the previous day, and has increased 3.76% in one year. It has overperformed other stocks in the Internet Content & Information industry by 0.39 percentage points. Baidu stock is currently +112.38% from its 52-week low of $73.58, and -2.87% from its 52-week high of $160.88.
There are currently 2.8B BIDU shares outstanding. The market capitalization of BIDU is $54.63B. In the last 24 hours, 5.36M BIDU shares were traded.
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Now that you've chosen the right brokerage, you need to fill out some personal info so you can invest in BIDU today.
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Once you have chosen the best place to buy Baidu stock, it's absolutely critical to evaluate their stock prior to investing, so you actually wrap your head around the risk and upside.
WallStreetZen was created to help average investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on BIDU's stock page.
You can use a variety of different financial metrics, analyses, models, and charts to gauge BIDU's true value.
Using relative valuations methods:
You can do more valuation research on BIDU's stock here.
Out of 8 Equities analysts who give forecasts on BIDU, the consensus analyst rating on Baidu is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Shyam Patil, a bottom 8% analyst from Susquehanna maintains BIDU with a strong buy rating and raises their BIDU price target from $150.00 to $175.00, on Feb 28, 2023.
Fawne Jiang, a top 12% analyst from Benchmark maintains BIDU with a strong buy rating and raises their BIDU price target from $200.00 to $210.00, on Feb 23, 2023.
James Lee, a top 4% analyst from Mizuho maintains BIDU with a strong buy rating and raises their BIDU price target from $180.00 to $190.00, on Feb 23, 2023.
Maintaining his Strong Buy rating, Lee raised his price target on Baidu Inc. by 5.6% following the release of the company's Q4 and FY 2022 earnings report on 2023/02/22.
The analyst told investors that he sees "the light at end of the tunnel" for China's re-opening and expects Baidu's core revenues to "experience a tangible recovery in Q1, followed by an inflection in Q2."
For Q4 2022:
For FY 2022:
For FY 2023, management guided:
CEO Robin Li commented, "2022 was a challenging year, but we used this period to prepare the company for better times. In 2023, we believe we have a clear path to reaccelerate our revenue growth, and we are now well positioned to make use of the opportunities that China's economic recovery offers us.
"With our long-term investments in AI, we are poised to capitalize on the imminent inflection point in AI, unlocking exciting new opportunities across our entire business portfolio - from mobile ecosystem to AI Cloud, autonomous driving, smart devices, and beyond."
Alicia Yap, a top 27% analyst from Citigroup maintains BIDU with a strong buy rating and raises their BIDU price target from $176.00 to $191.00, on Feb 23, 2023.
Jiong Shao, a top 18% analyst from Barclays maintains BIDU with a strong buy rating and raises their BIDU price target from $139.00 to $181.00, on Feb 23, 2023.
You can dig deeper into what analysts are forecasting on the Baidu stock forecast page.
Last year, BIDU earnings were $1.10B. During the last five year, BIDU's earnings have grown by -18.49% per year. This was slower than the Internet Content & Information industry average of 24.99%.
Last year, BIDU revenue was $18.00B. Over the last five year, BIDU's revenue has gone up by 6.72% per year. This was slower than the Internet Content & Information industry average of 23.01%.
You can research BIDU's earnings and revenue performance here.
In the past year, insiders at BIDU have not bought or sold any shares.
Get more info about who owns BIDU stock here.
No, Baidu doesn't provide an income stream by paying out dividends.
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Now that you own some BIDU stock, you'll want to keep up with your new investment.
Create a watchlist to track the most important metrics related to your BIDU stock.
To reiterate, here are the 6 steps to buy stock in Baidu:
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