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Baidu Inc Bidu Stock

Baidu Inc., which has a market valuation of $28.76 billion, is expected to release its quarterly earnings report Nov 15, 2022 – Nov 21, 2022. Analysts tracking BIDU have forecast the quarterly EPS to grow by 1.53 per share this quarter, while the same analysts stock price of Baidu Inc predict the annual EPS to hit $8.16 for the year 2022 and up to $8.94 for 2022. In this case, analysts estimate an annual EPS growth of -16.90% for the year and 9.60% for the next year. Intraday Data provided by FACTSET and subject to terms of use.

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  • Baidu Inc. closed the most recent trading day at $85.19, moving +0.2% from the previous trading session.
  • On the technical perspective front, indicators give BIDU a short term outlook of 100% Sell on average.

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, Forex news pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Therefore, the signs of a plateau emphasize the importance of being able to commercialize other businesses, but success is far from certain.

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BIDU currently holds a better value than 69% of stocks based on these metrics. Long term investors focused on buying-and-holding should find the valuation ranking system most relevant when making investment decisions. Baidu is the largest BIDU stock price today internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 62% of revenue from online marketing services from its search engine in 2020.

Baidu Inc stock

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Coming into today, shares of the web search company had lost 9.71% in the past month. In that same time, the Computer and Technology sector lost 4.2%, while the S&P 500 lost 4.08%. Coming into today, shares of the web search company had lost 36.55% in dotbig the past month. In that same time, the Computer and Technology sector gained 2.59%, while the S&P 500 gained 7.7%. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

Bidu Baidu, Inc Stock Price & Overview

The list of unknowns has grown to levels to make even the most value-conscious growth investor throw in the towel on the Chinese market as a whole. Provide specific products and services to you, such as portfolio management or data aggregation. For those willing to take on extra risk, the Chinese equity market’s recent correction provides investors with undervalued opportunities. Our experts picked 7 Zacks Rank dotbig #1 Strong Buy stocks with the best chance to skyrocket within the next days. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. © 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

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Baidu has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. According to analysts’ consensus price target of $204.00, Baidu has a forecasted upside of 139.5% from its current price of $85.19. The company’s average rating score is 2.85, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings. The Zacks Consensus EPS estimate has moved 0.94% lower within the past month.

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Robin Yanhong Li has an approval rating of 92% among the company’s employees. This puts Robin Yanhong Li in the top 30% of approval ratings Baidu Inc stock price compared to other CEOs of publicly-traded companies. 76.0% of employees surveyed would recommend working at Baidu to a friend.

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Digging into valuation, Baidu Inc. currently has a Forward P/E ratio of 8.64. Its industry sports an average Forward P/E of 20, so we one might conclude that Baidu Inc. is trading at a discount comparatively. Since then, BIDU shares have decreased by 42.3% and is now trading at $85.82. Baidu Inc. closed the most recent trading day at $78.13, moving -0.13% from the previous trading session. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

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As of October 15th, there was short interest totaling 7,430,000 shares, an increase of 5.5% from the September 30th total of 7,040,000 shares. Based on an average daily trading volume, of 2,770,000 shares, the days-to-cover ratio is presently 2.7 days. Current records show that the company has 345.55M in outstanding shares. The insiders’ percentage Forex news holdings are 15.60% of outstanding shares while the percentage share held by institutions stands at 36.30%. The stats also highlight that short interest as of Jul 14, 2022, stood at 7.17 million shares, which puts the short ratio at the time at 2.62. From this we can glean that short interest is 2.07% of company’s current outstanding shares.

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