Baidu, Inc. (BIDU)

NASDAQ: BIDU · IEX Real-Time Price · USD
119.09
+1.27 (1.08%)
At close: Dec 29, 2023, 4:00 PM
119.25
+0.16 (0.13%)
After-hours: Dec 29, 2023, 7:59 PM EST
1.08%
Market Cap 40.55B
Revenue (ttm) 18.26B
Net Income (ttm) 3.12B
Shares Out 340.51M
EPS (ttm) 24.49
PE Ratio 19.75
Forward PE 10.91
Dividend n/a
Ex-Dividend Date n/a
Volume 2,660,652
Open 119.00
Previous Close 117.82
Day's Range 118.06 - 120.25
52-Week Range 103.32 - 160.88
Beta 0.76
Analysts Strong Buy
Price Target 178.80 (+50.14%)
Earnings Date Feb 21, 2024

About BIDU

Baidu, Inc. offers internet search services in China. It operates through Baidu Core and iQIYI segments. 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 users can ask questions t... [Read more]

IPO Date Aug 5, 2005
Employees 41,300
Stock Exchange NASDAQ
Ticker Symbol BIDU
Full Company Profile

Financial Performance

In 2022, Baidu's revenue was 123.68 billion, a decrease of -0.66% compared to the previous year's 124.49 billion. Earnings were 7.56 billion, a decrease of -26.08%.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for BIDU stock is "Strong Buy." The 12-month stock price forecast is $178.8, which is an increase of 50.14% from the latest price.

Price Target
$178.8
(50.14% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Baidu says its ChatGPT rival Ernie bot now has more than 100 million users

Baidu did not specify whether the user numbers were active or for a specific time period. OpenAI said in November that ChatGPT had about 100 million weekly active users.

3 days ago - CNBC

Baidu Says Ernie Bot, Its ChatGPT Rival, Tops 100 Million Users

In October, Baidu's CEO said Ernie Bot is on par with OpenAI's GPT-4 model in terms of overall performance.

3 days ago - Barrons

Baidu's ChatGPT-like Ernie Bot has more than 100 mln users -CTO

BEIJING, Dec 28 (Reuters) - Baidu's (9888.HK) ChatGPT-like Ernie Bot has garnered more than 100 million users, Wang Haifeng, chief technology officer of the Chinese internet company, said on Thursday.

3 days ago - Reuters

Alibaba, Chinese Stocks Slide as Deflation Hits Worst in 3 Years

Chinese consumer prices fell 0.5% from a year earlier in November, while economists expected a drop of 0.2%.

Other symbols: BABAJDPDD
20 days ago - Barrons

China stocks see major selloff on economic risks

Chinese stocks face pressure Friday over the nation's economic woes and slowing GDP growth. Yahoo Finance Markets Reporter Jared Blikre analyzes the drivers behind weaknesses in publicly traded Chines...

Other symbols: BABAJDKWEBMCHINTESPDD
23 days ago - Yahoo Finance

Chinese stocks, yuan react to Moody's credit outlook cut

Chinese blue-chip stocks have fallen to a five-year low after Moody's cut the Chinese government's credit outlook rating. Yahoo Finance's Jared Blikre joins the Live show to share his observations on ...

Other symbols: BABAJDNTES
25 days ago - Yahoo Finance

Baidu stock price forecast: Nomura sees upside to $145

Baidu Inc (NASDAQ: BIDU) has been in a downtrend over the past four months but a Nomura analyst is convinced the story moving forward will be a different one.

5 weeks ago - Invezz

This internet stock is a must-have for your portfolio for 2024

It sure looks like the momentum build-up in internet stocks throughout 2023 has carried the stock market. Some bears believe this momentum is over, and it is all downside.

5 weeks ago - MarketBeat

Forget Alibaba. Baidu Is the Best Way to Play Chinese Tech Stocks.

China's equivalent to Google looks enticing following solid earnings.

5 weeks ago - Barrons

Baidu returns to profit as revenue meets estimates

Baidu on Tuesday said it swung to a third-quarter profit, helped by a gain on investments as revenue grew about in line with analyst estimates.

5 weeks ago - Market Watch

Chinese tech giant Baidu's shares rise 2% after revenue beat

Chinese tech giant Baidu reported third-quarter revenue that beat expectations, although growth was slower than during the previous three months.

5 weeks ago - CNBC

Baidu Announces Third Quarter 2023 Results

BEIJING , Nov. 21, 2023 /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 foundatio...

5 weeks ago - PRNewsWire

Baidu's Earnings May Bring AI News. Remember Alibaba Warning on Chips.

The Chinese tech company is expected to report third-quarter earnings of $2.39 a share on revenue of $4.8 billion. But AI could be the big news.

Other symbols: BABA
5 weeks ago - Barrons

JD.com, NIO, Other China Stocks Slump After Xi-Biden Summit, Alibaba Warning

Alibaba's news that it won't spin off its cloud unit due to expanded U.S. export controls on chips is hurting shares.

Other symbols: BABAJDNIOLIXPEV
6 weeks ago - Barrons

Baidu Cofounder Robin Li Goes All In On AI With ChatGPT Rival Ernie

The tech tycoon is banking on Baidu's latest AI model Ernie 4.0 for growth.

7 weeks ago - Forbes

Baidu to Report Third Quarter Financial Results on Nov 21, 2023

BEIJING , Oct. 25, 2023 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced that it will report its...

2 months ago - PRNewsWire

Philip Morris, VMware-Broadcom deal, Baidu: Trending Tickers October 19, 2023

Marlboro cigarette manufacturer Philip Morris International (PM) stock closes lower on Thursday after an earnings beat, boosting its profit forecast but lowering the outlook on its heated tobacco segm...

Other symbols: AVGOPMVMW
2 months ago - Yahoo Finance

Baidu's newest AI model Ernie 4.0 fails to wow investors, but analysts maintain 'buy' ratings

While analysts are bullish on Baidu's latest version of generative artificial intelligence model, shares of the Chinese tech giant dropped on Tuesday.

2 months ago - CNBC

Chinese tech giant Baidu says its latest update to ChatGPT rival Ernie is 'not inferior in any respect' to GPT-4

Chinese search giant Baidu has unveiled the latest version of its Ernie generative AI model. The company says that it is a match for GPT-4, the large language model behind OpenAI's ChatGPT AI.

2 months ago - Business Insider

Baidu Claims Its AI Matches ChatGPT. What It Means for the U.S. and China.

Baidu thinks the latest version of its AI technology is a match for that developed by ChatGPT-maker OpenAI. It would be a major leap for Chinese AI.

2 months ago - Barrons

Baidu Launches ERNIE 4.0 Foundation Model, Leading a New Wave of AI-Native Applications

ERNIE 4.0 is now accessible to invited users on ERNIE Bot. In addition, enterprise customers can apply for API testing via Baidu Qianfan foundation model platform.

2 months ago - PRNewsWire

Baidu says its AI is in the same league as GPT-4

Chinese tech giant Baidu is officially taking on GPT-4.

2 months ago - CNN Business

Alibaba, More China Stocks Jump Amid Stimulus Hopes. This Time May Be Different.

China is considering raising its 2023 budget deficit for spending on infrastructure as part of new stimulus, according to a Bloomberg report.

Other symbols: BABAJD
2 months ago - Barrons

For This Pro, China's Slowdown Won't Hold Back These Luxury Stocks

David Herro, manager of the $19.7 billion Oakmark International fund, discusses the possible effect of China's economic slump on luxury stocks he owns.

Other symbols: BABAJDTCEHYBYDDF
3 months ago - Barrons

Baidu World 2023 Returns to In-Person Format, Unveiling Innovations in AI-Native Applications and Foundation Models

BEIJING , Sept. 25, 2023 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888), a leading AI company with strong Internet foundation, is set to host its annual flagship technology conference, Baid...

3 months ago - PRNewsWire