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Baidu (BIDU) Stock Forecast & Price Target

$88.51
-1.86 (-2.06%)
(As of 02:38 PM ET)

Baidu - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 17 Wall Street analysts who have issued ratings for Baidu in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 2 have given a hold rating, and 15 have given a buy rating for BIDU.

Consensus Price Target

$149.60
69.02% Upside
High Forecast$185.00
Average Forecast$149.60
Low Forecast$125.00

According to the 17 analysts' twelve-month price targets for Baidu, the average price target is $149.60. The highest price target for BIDU is $185.00, while the lowest price target for BIDU is $125.00. The average price target represents a forecasted upside of 69.02% from the current price of $88.51.

TypeCurrent Forecast
7/25/23 to 7/24/24
1 Month Ago
6/25/23 to 6/24/24
3 Months Ago
4/26/23 to 4/25/24
1 Year Ago
7/25/22 to 7/25/23
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
15 Buy rating(s)
14 Buy rating(s)
15 Buy rating(s)
16 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$149.60$156.64$171.64$188.76
Forecasted Upside69.02% Upside42.30% Upside43.99% Upside37.23% Upside
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BIDU Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BIDU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Baidu Stock vs. The Competition

TypeBaiduComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.88
2.61
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside65.54% Upside123.97% Upside9.74% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/17/2024Barclays
2 of 5 stars
 Lower TargetOverweight ➝ Overweight$133.00 ➝ $125.00+36.27%
7/16/2024Bank of America
4 of 5 stars
 Lower TargetBuy ➝ Buy$140.00 ➝ $128.00+35.87%
7/15/2024Citigroup
3 of 5 stars
 Lower TargetBuy$170.00 ➝ $155.00+63.12%
7/15/2024Jefferies Financial Group
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 Lower TargetBuy$179.00 ➝ $174.00+83.12%
6/21/2024Loop Capital
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 Lower TargetBuy ➝ Buy$155.00 ➝ $130.00+46.18%
5/24/2024Susquehanna
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 Lower TargetPositive ➝ Positive$150.00 ➝ $135.00+33.10%
5/17/2024Macquarie
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E. Jiang
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DowngradeStrong-Buy ➝ Hold
5/17/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$180.00+64.61%
5/17/2024Morgan Stanley
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 DowngradeOverweight ➝ Equal Weight$140.00 ➝ $125.00+11.02%
5/10/2024Mizuho
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 Lower TargetBuy ➝ Buy$140.00 ➝ $130.00+17.25%
4/24/2024HSBC
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 Lower TargetBuy ➝ Buy$157.00 ➝ $145.00+47.01%
11/22/2023The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$181.00 ➝ $174.00+48.03%
11/22/2023Nomura Instinet
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 UpgradeNeutral ➝ Buy$145.00+27.84%
10/19/2023JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$200.00 ➝ $185.00+71.44%
9/25/2023Sanford C. Bernstein
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 Boost TargetOutperform ➝ Outperform$160.00 ➝ $168.00+26.94%
7/27/2023OTR Global
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 DowngradePositive
4/21/2023UBS Group
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 Lower TargetBuy$185.00 ➝ $180.00+41.24%
4/3/2023Daiwa Capital Markets
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 Boost Target$200.00 ➝ $215.00+43.74%
12/14/2022Susquehanna Bancshares
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 Lower Target$195.00 ➝ $150.00+25.50%
10/24/2022KGI Securities
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 DowngradeOutperform ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 02:51 PM ET.

BIDU Forecast - Frequently Asked Questions

What is Baidu's forecast for 2024?

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Baidu is $149.60, with a high forecast of $185.00 and a low forecast of $125.00.

Should I buy or sell Baidu stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Baidu in the last twelve months. There are currently 2 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BIDU shares.

Does Baidu's stock price have much upside?

According to analysts, Baidu's stock has a predicted upside of 41.81% based on their 12-month stock forecasts.

Has Baidu been downgraded by Wall Street analysts recently?

Over the previous 90 days, Baidu's stock had 2 downgrades by analysts.

What analysts cover Baidu?

Baidu has been rated by research analysts at Bank of America, Barclays, Benchmark, Citigroup, Jefferies Financial Group, Loop Capital, Macquarie, Mizuho, Morgan Stanley, and Susquehanna in the past 90 days.

Do Wall Street analysts like Baidu more than its competitors?

Analysts like Baidu more than other "computer and technology" companies. The consensus rating score for Baidu is 2.88 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how BIDU compares to other companies.


This page (NASDAQ:BIDU) was last updated on 7/24/2024 by MarketBeat.com Staff

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