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.

Analyst Upgrades and Downgrades

BIDU has been the topic of a number of research analyst reports. Mizuho lowered their price target on Baidu from $300.00 to $285.00 in a report on Monday, May 2nd. Barclays decreased their price objective on Baidu from $243.00 to $235.00 and set an "overweight" rating for the company in a research report on Friday, May 27th. JPMorgan Chase & Co. lifted their price target on Baidu from $145.00 to $160.00 in a report on Monday, July 18th. Sanford C. Bernstein began coverage on Baidu in a report on Thursday, May 5th. They set a "market perform" rating and a $138.00 price target for the company. Finally, Benchmark reduced their price target on Baidu from $330.00 to $270.00 and set a "buy" rating for the company in a report on Friday, May 27th. One 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 data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $232.06.

Baidu Price Performance

Shares of Baidu stock opened at $139.38 on Friday. Baidu has a fifty-two week low of $101.62 and a fifty-two week high of $182.60. The company has a market cap of $48.16 billion, a PE ratio of -18.63, a price-to-earnings-growth ratio of 1.26 and a beta of 0.70. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.10 and a quick ratio of 3.10. The firm has a fifty day moving average price of $143.70 and a two-hundred day moving average price of $140.57.