Baidu, Inc offers internet search services in China.
infoBaidu is a large cap stock with a total market cap of 46.33B.
infoThey trade on the NASDAQ and had their IPO 18 years ago.
infoBaidu currently employs 41300 people.
infoAs of Wednesday, Aug 23 2023, Baidu’s share price is $132.51.
News Relating to Baidu
InvestorPlace
Billionaire David Tepper Is Betting Big on These 3 Stocks
Wednesday Aug 23 2023 at 14:59
Appaloosa Management founder David Tepper is among the best-known smart money investors out there. His fund is closely watched by those in the investment community, given Tepper’s long-term investing track record and ability to spot trends.
Bloomberg Markets and Finance
Baidu Posts Larger-Than-Projected 15% Jump in Sales
Tuesday Aug 22 2023 at 23:51
Baidu Inc.’s revenue rose its most in more than a year. Zheping Huang reports on Bloomberg Television.
Seeking Alpha
Baidu, Inc. (BIDU) Q2 2023 Earnings Call Transcript
Tuesday Aug 22 2023 at 20:04
Baidu, Inc. (NASDAQ:BIDU ) Q2 2023 Earnings Conference Call August 22, 2023 8:00 AM ET Company Participants Juan Lin – Director, Investor Relations Robin Li – Co-Founder, Chairman and Chief Executive Officer Rong Luo – Chief Financial Officer Dou Shen – Executive Vice President Conference Call Participants Alicia Yap – Citigroup Gary Yu – Morgan Stanley Lincoln Kong – Goldman Sachs Kenneth Fong – Credit Suisse Wei Xiong – UBS Miranda Zhuang – Bank of America Alex Yao – JPMorgan Thomas Chong – Jefferies Operator Hello and thank you for standing by for Baidu’s Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Investopedia
Baidu Revenue Tops Estimates, Robo Taxi Rides Jump
Tuesday Aug 22 2023 at 14:31
Baidu (BIDU) shares rose after the company reported revenue that beat analysts’ expectations, while its automated taxi service posted strong growth.
Proactive Investors
Midday movers: Febrinet, Sidus Space, Fulcrum, Republic First, Dick’s, Baidu, and more
Tuesday Aug 22 2023 at 13:21
Fabrinet sees record high Fabrinet (NYSE:FN) stock is at a record high, rising over 27% to around US$149, after the manufacturer revealed impressive fourth quarter and full year fiscal 2023 financial results, boosted by growth in its AI datacenter equipment. Read more Sidus Space investors cheer AI acquisition Sidus Space Inc (NASDAQ:SIDU) said it has acquired Exo-Space, a firm specializing in Edge artificial intelligence (AI) software and hardware for space applications.
Yahoo Finance
Trending stocks: Emerson Electric gets upgrade, Coty beats on revenue , Baidu sales jump
Tuesday Aug 22 2023 at 12:17
Yahoo Finance anchors Julie Hyman and Brad Smith break down the trending tickers for August 22, 2023 which include Emerson Electric CO, Coty, and Baidu.
MarketBeat
3 Smart AI ETFs For Intelligent Passive Investing Needs
Tuesday Aug 22 2023 at 10:31
AI is expected to grow significantly over the next 7 years, and this is not an opportunity passive investors should pass up. Several top ETFs give pure-play exposure to AI without the risk that some bring.
The Motley Fool
Baidu Climbs on AI Hopes, but Another Tech Stock Is Tuesday’s Big Winner
Tuesday Aug 22 2023 at 09:47
Markets opened higher on Tuesday, trying to build positive momentum. Baidu climbed as its AI efforts are panning out well.
InvestorPlace
These Are the ONLY 7 AI Stocks to Consider in August 2023
Tuesday Aug 22 2023 at 09:08
Navigating the vast ocean of investment opportunities, the quest for the best AI stocks is virtually on every astute investor’s radar. As we ride this technological tsunami, it’s clear that the AI renaissance has propelled a few companies to the stratosphere while others are revving up on the tarmac.
Proactive Investors
Baidu outdoes expectations as autonomous taxi business takes off
Tuesday Aug 22 2023 at 07:26
Chinese technology company Baidu.com (NASDAQ:BIDU) has penned better-than-expected second-quarter results, with the company’s autonomous taxi business taking off during the period. Revenue climbed 15% to 34.1 billion yuan (£3.7 billion) in the three months to June, Baidu said in a statement, outdoing Refinitiv estimates of 33.3 billion yuan.
CNBC
China’s Baidu reports 15% revenue growth, beating expectations
Tuesday Aug 22 2023 at 05:23
Chinese tech company Baidu reported better-than-expected revenue, up by 15% year-on-year in the second quarter.
Reuters
Baidu reports quarterly revenue above estimates
Tuesday Aug 22 2023 at 05:05
Chinese search engine giant Baidu Inc beat second-quarter revenue estimates on Tuesday, helped by strength in advertising.
Barrons
Baidu Is Set to Report Earnings. Can AI Save China’s Google From Macro Gloom?
Monday Aug 21 2023 at 16:00
Chinese tech peers Alibaba and JD.com both saw their stocks sink after strong earnings but no outlook. Will Baidu follow suit?
Zacks Investment Research
Baidu (BIDU) to Report Q2 Earnings: What’s in the Offing?
Monday Aug 21 2023 at 12:47
Baidu’s (BIDU) second-quarter results are likely to benefit from its AI business and growing autonomous driving efforts.
InvestorPlace
Hold Tight! These 3 High-Growth Tech Stocks Still Have Potential
Saturday Aug 19 2023 at 20:06
Strategic decisions in tech investments can yield remarkable gains. As investors, we should know this firsthand.
24/7 Wall Street
Earnings Preview: Baidu, Dick’s Sporting Goods, Lowe’s, Macy’s, Zoom Video
Friday Aug 18 2023 at 10:23
After U.S. markets closed on Thursday, Applied Materials beat consensus estimates for earnings per share (EPS) and revenue.
InvestorPlace
The 3 Most Undervalued Autonomous Driving Stocks to Buy Now: August 2023
Friday Aug 18 2023 at 09:36
When I first got the assignment to write about three undervalued autonomous driving stocks, the first thing that came to mind was if I even knew three names, let alone three undervalued ones. It’s been a while since I’ve talked about self-driving car stocks.
Zacks Investment Research
Is Baidu Inc. (BIDU) a Buy as Wall Street Analysts Look Optimistic?
Tuesday Aug 15 2023 at 14:41
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price.
InvestorPlace
The 3 Most Undervalued Chinese Stocks to Buy Now: August 2023
Monday Aug 14 2023 at 19:06
China’s economy has been struggling recently. After a tumultuous period battling the Covid-19 pandemic, the government abruptly abandoned its zero-Covid policy in December 2022 and reoriented the economy towards reopening.
Reuters
US hedge funds dumped shares in Chinese companies in Q2
Monday Aug 14 2023 at 14:05
U.S.-based hedge fund investors such as Coatue, D1 Capital and Scion cut their exposure to Chinese companies in the second quarter, as doubts grew over whether the country’s long-awaited reopening would boost its economic growth, and geopolitical tension increased.
PRNewsWire
Baidu to Report Second Quarter Financial Results on Aug 22, 2023
Wednesday Aug 02 2023 at 05:00
BEIJING , Aug. 2, 2023 /PRNewswire/ — Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888) (“Baidu” or the “Company”), a leading AI company with strong Internet foundation, today announced that it will report its financial results for the Second Quarter 2023 ended June 30, 2023, before the U.S. market opens on August 22, 2023. Baidu’s management will hold an earnings conference call at 8:00 AM on August 22, 2023, U.S. Eastern Time (8:00 PM on August 22, 2023, Beijing Time).
CNBC Television
Final Trades: Baidu, EQT & more
Monday Jul 31 2023 at 14:51
The “Halftime Report” traders give their top picks to watch for the second half.
Zacks Investment Research
Chinese Equities: 3 Reasons the Worst is Over
Monday Jul 31 2023 at 14:08
Chinese Economy: Self-Inflicted Wounds?
InvestorPlace
3 Under-the-Radar AI Stocks with Huge Upside Potential
Sunday Jul 30 2023 at 14:30
It’s undeniable that artificial intelligence will forever change our society and economy but that doesn’t mean you must pay an exorbitant premium for high-potential AI stocks. For example, we all love and appreciate Nvidia (NASDAQ: NVDA ) for empowering digital intelligence.
Seeking Alpha
Baidu: Driving Towards Glory
Friday Jul 28 2023 at 14:32
Baidu, Inc.’s Apollo Go service experienced over threefold growth in Q1 2023, offering nearly 660,000 rides on open roads. Baidu aims to provide safe and reliable autonomous driving services to meet growing demand, with a strong track record as a major player in the industry. Baidu’s early mover advantage in launching Ernie Bot, a competitor to ChatGPT, positions the company ahead in AI development.
MarketBeat
3 Autonomous Driving Stocks to Buy Before Elon Musk Goes All In
Thursday Jul 27 2023 at 08:41
In 2021, many investors learned a painful lesson that the time it would take to make self-driving cars a reality didn’t match up to the hype. But that doesn’t change the fact that the underlying technology behind autonomous driving is still sound.
InvestorPlace
If You Can Only Buy One Tech Stock, It Better Be One of These 7 Names
Tuesday Jul 25 2023 at 21:34
Remember The Game of Thrones? If I had to describe investing in stocks in only four words, it would be “The Game of Trends.
GuruFocus
A Look at Baidu’s Explosive Growth
Tuesday Jul 25 2023 at 17:00
With a year-to-date return of nearly 25%, Baidu Inc.’s ( BIDU , Financial) emergence as a key player in generative artificial intelligence breeds massive potential for value investors. This discussion focuses on the company’s groundbreaking AI architecture and assesses its impressive profitability and growth potential.
Seeking Alpha
Avoiding Recession, Cooling Inflation, AI Plays And Financial Earnings With Victor Dergunov
Sunday Jul 23 2023 at 15:30
A 25 basis point increase from the Federal Reserve is expected and likely already priced into the market. Inflation has been decreasing, potentially opening the door for a more relaxed monetary stance from the Fed, possibly leading to lower interest rates in 2024.
InvestorPlace
3 Top Stocks I’m Buying Right Now
Friday Jul 21 2023 at 14:14
The S&P 500 has delivered strong returns in the first half of 2023, with a year-to-date increase of over 15%. While positive economic factors such as lower inflation and a resilient labor market support continued growth, challenges remain, including elevated inflation and the possibility of a recession.
Baidu Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
Learn more at Investopediaopen_in_new
Baidu’s Altman Z-score is 1.71 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Baidu Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Learn more at Investopediaopen_in_new
Over the last 3 months, there has been no insider trading in Baidu.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
Learn more at WallStreetPrepopen_in_new
Baidu’s Income Quality of 2.12 is greater than its Industry Group of 0.34 (523.5% greater)
Baidu’s Income Quality of 2.12 is greater than its Major Industry Group of 0.42 (404.8% greater)
Baidu’s Income Quality of 2.12 is greater than its Sector of 0.5 (324.0% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
Learn more at Investopediaopen_in_new
Baidu’s Current Ratio of 2.83 is greater than its Industry Group of 1.78 (59.0% greater)
Baidu’s Current Ratio of 2.83 is greater than its Major Industry Group of 1.69 (67.5% greater)
Baidu’s Current Ratio of 2.83 is greater than its Sector of 1.59 (78.0% greater)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
Cannot compare a negative PE Ratio (21.28 & -1.64)
Cannot compare a negative PE Ratio (21.28 & -0.68)
Cannot compare a negative PE Ratio (21.28 & -0.29)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Learn more at Investopediaopen_in_new
Baidu’s PB Ratio of 1.31 is lower than its Industry Group of 2.57 (-49.0% lower)
Baidu’s PB Ratio of 1.31 is lower than its Major Industry Group of 2.08 (-37.0% lower)
Baidu’s PB Ratio of 1.31 is lower than its Sector of 1.88 (-30.3% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
Baidu’s ROE of 0.06 is greater than its Industry Group of -0.12 (150.0% greater)
Baidu’s ROE of 0.06 is greater than its Major Industry Group of -0.06 (200.0% greater)
Baidu’s ROE of 0.06 is greater than its Sector of -0.04 (250.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Baidu’s ROCE of 0.06 is greater than its Industry Group of -0.06 (200.0% greater)
Baidu’s ROCE of 0.06 is greater than its Major Industry Group of -0.03 (300.0% greater)
Baidu’s ROCE of 0.06 is greater than its Sector of -0.02 (400.0% greater)
Derived from SEC.GOV filing dataopen_in_new