Stock Symbol BIDU: A Comprehensive Investment Guide

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Chinese high-speed train at Yichang station with passengers and vendors.
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Baidu, the Chinese search engine giant, is listed under the stock symbol BIDU. Founded in 2000, Baidu has grown to become one of the largest and most influential technology companies in China.

Baidu's primary business is search, but the company has expanded into other areas such as online mapping, news aggregation, and artificial intelligence. Its search engine is the most popular in China, with over 80% market share.

Baidu's revenue has consistently grown over the years, with a significant increase in 2020 due to the COVID-19 pandemic. This growth can be attributed to the increased demand for online services during the pandemic.

Baidu's market capitalization is over $100 billion, making it one of the largest publicly traded companies in the world.

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About Bidu

Bidu is a Chinese e-commerce company.

Bidu's main business is online advertising, accounting for about 85% of its revenue.

Bidu offers a wide range of products and services, including search engines, e-commerce platforms, and cloud computing services.

Bidu's e-commerce platform allows users to shop on the go, with over 70% of its sales coming from mobile devices.

Bidu has a strong presence in China, with over 50% of its revenue coming from domestic sales.

Financial Performance

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Baidu's financial performance has been impressive in recent years, with revenue reaching 134.60 billion in 2023, a significant increase of 8.83% from the previous year's 123.68 billion.

The company's earnings also saw a substantial boost, rising to 19.60 billion, a staggering 181.26% increase from the previous year.

However, Baidu's revenue growth has slowed down, with a year-over-year (YOY) decline of 0.4% as of the latest data available.

Despite this, the company's earnings growth remains strong, with a YOY increase of 6.2% as of the latest data available.

Baidu's profit margin stands at a respectable 15%, indicating a healthy bottom line.

Here's a summary of Baidu's key financial metrics:

The stock price can be influenced by a wide range of factors, including earnings and financial performance, market sentiment, competitive landscape, regulatory changes, technological advances, macroeconomic factors, global events, and corporate developments.

US-listed Chinese stocks like Baidu, Inc. have seen a jump in value due to China's stimulus measures and looser monetary policy assurances.

These stocks, including Baidu, Inc. (BIDU), have remained on investors' radars despite economic slowdown and tariff concerns.

Alibaba Group Holding, another US-listed Chinese stock, has also benefited from these stimulus measures, along with other companies like JD.com, Inc. and NIO Inc.

US Stocks Rise on China's Stimulus

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US listed Chinese stocks like Alibaba Group Holding, JD.com, Inc., and Baidu, Inc. have been on the rise due to China's stimulus measures and looser monetary policy assurances.

These stimulus measures have been a welcome relief for investors, who had been worried about the economic slowdown in China. Baidu's stock price, in particular, has been influenced by the company's quarterly and annual financial results, which have been a key factor in determining its stock price.

Positive earnings reports and revenue growth have had a positive impact on Baidu's stock price. The company's involvement in cutting-edge technologies like artificial intelligence and autonomous driving has also been a major draw for investors.

Here are some key factors that have contributed to the rise of US listed Chinese stocks:

These factors have all contributed to the rise of US listed Chinese stocks, including Alibaba Group Holding, JD.com, Inc., and Baidu, Inc.

Hang Seng Index: Tech Stocks Weigh

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The Hang Seng Index has been feeling the weight of tech stocks lately, and Baidu is no exception. Its stock price has taken a hit, down 1.01% as of recent data.

China's economy is facing pressure, and the Caixin Services PMI has fallen, raising calls for stimulus. This weak demand and tariff threats are causing investors to reevaluate their bets on Chinese tech stocks.

The decline of Baidu's stock price is not an isolated incident. Other US-listed Chinese stocks, such as Alibaba Group Holding, JD.com, Inc., and NIO Inc., are also trading lower due to underwhelming consumption data.

Baidu's stock price can be influenced by a wide range of factors, including its earnings and financial performance, market sentiment, competitive landscape, regulatory changes, technological advances, macroeconomic factors, global events, and corporate developments.

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Analyst Insights

Analysts are overwhelmingly positive about BIDU stock, with an average rating of "Buy" from 11 experts.

The 12-month stock price forecast is a promising $119.27, representing a 31.65% increase from the latest price.

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Baidu's expected shift from AI affordability to AI monetization in 2025 has justified upgrading BIDU to a Buy rating for some analysts.

US-listed Chinese stocks, including BIDU, have seen a rise due to China's strong trade performance, with exports growing 7.1% and imports up 2.3% in 2024.

Baidu's shares surged in September due to Beijing's stimulus packages, creating a new buying opportunity at a favorable valuation for investors.

Baidu's investments in AI and autonomous driving are ongoing, but may weigh on the company's short-term performance.

Baidu's AI Cloud and Intelligent Driving businesses, along with the ERNIE bot, are poised to drive growth in the future.

Frequently Asked Questions

How do I buy BIDU stock?

To buy BIDU stock, you'll need to open an online brokerage account that allows you to trade on the NASDAQ market. With a brokerage account, you can easily buy and sell BIDU shares and other financial instruments.

Who owns BIDU stock?

BIDU stock is primarily owned by public companies and individual investors, making up 77.14% of the company's shares. Institutional investors and insiders also hold significant stakes, with 16.40% and 6.47% ownership respectively.

What is the fair value of BIDU?

As of 2024-12-25, the fair value of Baidu Inc (BIDU) is 198.08 USD, indicating a potential opportunity for growth.

Is Baidu a good buy now?

Baidu has a Moderate Buy consensus rating with an average price target of $112.68, suggesting potential growth but consider multiple factors before making a decision.

What is the prediction of Baidu?

According to 11 analysts, Baidu's stock is predicted to increase by 34.83% to $119.27 within the next 12 months, with a possible range of $85 to $141.

Felicia Koss

Junior Writer

Felicia Koss is a rising star in the world of finance writing, with a keen eye for detail and a knack for breaking down complex topics into accessible, engaging pieces. Her articles have covered a range of topics, from retirement account loans to other financial matters that affect everyday people. With a focus on clarity and concision, Felicia's writing has helped readers make informed decisions about their financial futures.

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