BaiduBIDU
BIDU
About: Baidu is the largest internet search engine in China with over 50% share of the search engine market in 2024 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2023. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.
Employees: 45,500
0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
32% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 69
29% more call options, than puts
Call options by funds: $1.67B | Put options by funds: $1.3B
19% more capital invested
Capital invested by funds: $6.15B [Q2] → $7.3B (+$1.16B) [Q3]
14% more funds holding in top 10
Funds holding in top 10: 14 [Q2] → 16 (+2) [Q3]
5% more funds holding
Funds holding: 464 [Q2] → 486 (+22) [Q3]
0.02% less ownership
Funds ownership: 3.11% [Q2] → 3.09% (-0.02%) [Q3]
16% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 154
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$85
0%
upside
Avg. target
$113
33%
upside
High target
$141
67%
upside
6 analyst ratings
4 positive
67%
2 neutral
33%
0 negative
0%
Citigroup Alicia Yap 67% 1-year accuracy 12 / 18 met price target | 67%upside $141 | Buy Maintained | 29 Nov 2024 |
Susquehanna Shyam Patil 82% 1-year accuracy 42 / 51 met price target | 0%upside $85 | Neutral Downgraded | 25 Nov 2024 |
Benchmark Fawne Jiang 58% 1-year accuracy 25 / 43 met price target | 54%upside $130 | Buy Maintained | 22 Nov 2024 |
Mizuho James Lee 71% 1-year accuracy 17 / 24 met price target | 36%upside $115 | Outperform Maintained | 12 Nov 2024 |
HSBC Charlene Liu 67% 1-year accuracy 2 / 3 met price target | 18%upside $100 | Hold Downgraded | 24 Sept 2024 |
Financial journalist opinion
Based on 39 articles about BIDU published over the past 30 days
Negative
Reuters
22 hours ago
Apple facing hurdles in adapting Baidu AI models for China, The Information reports
Apple and Baidu are working to add AI features to iPhones sold in China, but are facing hurdles that could hurt the tech giant's phone sales in the country, The Information reported on Wednesday.
Negative
FXEmpire
1 day ago
Hang Seng Index: Tech Stocks Weigh as Tariffs Loom, with Baidu Down 1.01%
China's Economy Faces Pressure as PMI Falls: A weaker-than-expected Caixin Services PMI raises calls for stimulus as China struggles with weak demand and tariff threats.
Positive
Zacks Investment Research
2 days ago
Is Baidu Inc. (BIDU) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Negative
Zacks Investment Research
2 days ago
Trump Threatens Tariffs: Are Chinese Stocks Doomed?
Despite tariff threats from the incoming Trump administration, Chinese equities are stabilizing. Cheap valuations, strong technicals, and low valuations make Chinese stocks a buy into 2025.
Positive
Reuters
5 days ago
Baidu's Apollo autonomous vehicles granted licence to test in Hong Kong
China's Baidu has received the licence to test autonomous vehicles with its Apollo robotaxi service in Hong Kong as it expands its footprint outside Chinese mainland.
Positive
Zacks Investment Research
6 days ago
Baidu, Inc. (BIDU) is Attracting Investor Attention: Here is What You Should Know
Baidu Inc. (BIDU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Neutral
Seeking Alpha
1 week ago
Baidu Q3 Earnings: AI Revenue Remains Strong; 22% Below Its Book Value Is A Contrarian Buy (Upgrade)
Baidu's stock hit a new post-pandemic low during intra-day trading following a disappointing 3Q FY2024 earnings report, as management indicated no significant improvement in advertising spending patterns for 4Q. Despite beating on total revenue expectations, its online market revenue declined by 6% in 3Q, following by a 2% YoY decline in 2Q. Non-GAAP net income margin came in at 17.5%, indicating a significant sequential contraction, which led to a miss in non-GAAP EPS estimates.
Negative
The Motley Fool
1 week ago
Ultimate Contrarian Michael Burry, Who Correctly Called the Housing Crisis in 2008, Is Now Piling Into 3 Stocks That Could Struggle Under a Trump Administration
Ultimate Contrarian Michael Burry, Who Correctly Called the Housing Crisis in 2008, Is Now Piling Into 3 Stocks That Could Struggle Under a Trump Administration
Negative
Barrons
1 week ago
Baidu Stock Downgraded. Why AI Search Is a Big Worry.
Shares in the Chinese tech company have tumbled this year as Beijing struggles to reboot the world's second-largest economy.
Neutral
Seeking Alpha
1 week ago
Baidu: Growth Algorithm Stuck In Neutral With AI Hype And Ad Blues
Baidu's 3Q24 results were in line, but weak advertising due to China's soft macro backdrop and early-stage AI development are concerning. Ongoing investments in AI and autonomous driving could weigh on BIDU's cash-generative ad business, potentially leading to prolonged structural de-rating. Weak ad revenue is expected to continue into 2025, with no significant improvement in China's advertising market or consumer spending.
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