Baidu (BIDU) Stock Forecast, Price & News

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; and Haokan, a short video app. It also provides Baidu Knows, an online community where users can ask questions to other users; Baidu Wiki; Baidu Healthcare Wiki; Baidu Wenku; Baidu Scholar; Baidu Experience; Baidu Post; Baidu Maps, a voice-enabled mobile app that provides travel-related services; Baidu Drive; Baijiahao; and DuerOS, a smart assistant platform. In addition, it offers online marketing services, which include pay for performance, an auction-based services that allow customers to bid for priority placement of paid sponsored links and reach users who search for information related to their products or services; other marketing services that include display-based marketing services and other online marketing services based on performance criteria other than cost per click; mobile ecosystem, a portfolio of apps, including Baidu App, Haokan, and Baidu Post; various cloud services and solutions, such as platform as a service, software as a service, and infrastructure as a service; self-driving services, including maps, automated valet parking, autonomous navigation pilot, electric vehicles, and robotaxi fleets, as well as Xiaodu smart devices. Further, the company provides iQIYI, AN online entertainment service, including original and licensed content; other video content and membership; and online advertising services. Baidu, Inc. has strategic partnership with Zhejiang Geely Holding Group. The company was formerly known as Baidu.com, Inc. Baidu, Inc. was incorporated in 2000 and is headquartered in Beijing, China.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Citigroup lifted their price target on Baidu from $221.00 to $223.00 and gave the company a "buy" rating in a report on Friday, May 27th. Mizuho lowered their price objective on shares of Baidu from $300.00 to $285.00 in a research note on Monday, May 2nd. Sanford C. Bernstein started coverage on shares of Baidu in a research note on Thursday, May 5th. They set a "market perform" rating and a $138.00 price objective on the stock. JPMorgan Chase & Co. raised their price objective on shares of Baidu from $145.00 to $160.00 in a research note on Monday, July 18th. Finally, Barclays lowered their price objective on shares of Baidu from $243.00 to $235.00 and set an "overweight" rating on the stock in a research note on Friday, May 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $232.06.

Baidu Trading Down 1.6 %

Baidu stock opened at $137.82 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.10 and a current ratio of 3.10. The firm has a market cap of $47.62 billion, a price-to-earnings ratio of -18.43, a price-to-earnings-growth ratio of 1.30 and a beta of 0.70. Baidu has a 1 year low of $101.62 and a 1 year high of $182.60. The firm's 50 day moving average price is $143.92 and its two-hundred day moving average price is $140.92.