BIDU - Baidu, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
166.73
-5.04 (-2.93%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close171.77
Open170.72
Bid166.03 x 1100
Ask166.65 x 800
Day's Range165.99 - 170.89
52 Week Range153.78 - 284.22
Volume2,264,736
Avg. Volume3,025,054
Market Cap58.25B
Beta (3Y Monthly)1.19
PE Ratio (TTM)12.99
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • iQIYI Stock Is on a Tear, But Don’t Rush to Buy It
    InvestorPlaceyesterday

    iQIYI Stock Is on a Tear, But Don’t Rush to Buy It

    Since the start of the year, China's iQIYI (NASDAQ:IQ) stock has been on a tear. A Chinese internet vide company, iQIYI was spun off from Chinese search engine Baidu (NASDAQ:BIDU).IQ stock, which sold for under $15 at the start of January, was trading for $26 this afternoon. (IQ stock had briefly topped $43 after its April 2018 IPO.) But the recent rally of IQ stock price is the kind of run-up that justifies the faith of bulls in what has been called the "Netflix (NASDAQ:NFLX) of China."Those who are considering buying or selling IQ stock must determine if the rally of iQiyi stock was triggered by the passion of the market, or if the company itself is outperforming.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks on the Rise Heading Into the Second Quarter What Is iQIYI?As I wrote in August, IQ is nothing like Netflix. China's streaming market is far more competitive than that of the U.S. Units of Tencent Holding (OTCMKTS:TCEHY) and Alibaba Group Holding (NASDAQ:BABA) have also entered the market. Both have more capital behind them than Baidu could muster, which is why IQ stock was spun off.In some ways, China's internet video market is more advanced than America's. More of China's internet videos are viewed on mobile devices. The business models of the company's streaming companies are sophisticated.iQIYI's revenue mix is a cross between Alphabet's (NASDAQ:GOOGL) YouTube, Netflix, and the Valve service from Stream. Founder Tim Gong said before the IPO of IQ stock that 40% of its revenue came from advertising, 33% from subscribers and the remainder from games. IQ has a licensing agreement for Netflix content, but its own shows generate most of its revenue.IQiyi skews young. It's aimed at the generation of consumers Americans call millennials, the "Little Emperors" who have known nothing but capitalism and have grown up in one-child households. Gong says the company further monetizes its audience by selling merchandise. How Is IQ Doing?IQiyi's fourth-quarter earnings , released in February, showed growth of 55% year-over-year. But that was from a relatively small base. Its total revenue for the quarter came in at $1 billion, with an operating loss of $483 million. The company's losses are increasing as it adds new types of content, including robot fights and dance contests.U.S. analysts swooned over these numbers, which showed a narrower loss than anticipated, and almost $28 million more revenue. than analysts, on average, had expected They noted that it had 87.4 million subscribers, almost all of them paid, while its membership revenue had jumped 66% YoY, The Bottom Line on IQ StockiQIYI's total 2018 revenue came to $3.6 billion, narrowly divided between subscriptions and advertising,As of this afternoon, IQ stock had a market cap of nearly $19 billion, meaning investors today are paying nearly six times revenue for iQIYI stock. They're expecting another year like 2018, and the company is investing at a rate that indicates that it expects its growth to continue at the same pace, too.Assuming China's economy doesn't turn sour, that's possible. China had almost 130 million people who were 25-29 years old in 2016, and another 100 million who were 20-24. That is the heart of IQiyi's market. But births have been slowing for two decades, and there is a surplus of young men,.As fast as China has been changing this century, it's going to change faster in the next decade. When you buy IQ stock today, you're betting its site can change with it.Dana Blankenhorn http://www.danablankenhorn.com is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family https://www.amazon.com/Reluctant-Detective-Finds-Her-Family-ebook/dp/B07FSRDR4Y/, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post iQIYI Stock Is on a Tear, But Don't Rush to Buy It appeared first on InvestorPlace.

  • Why Europe Never Fully Recovered from the 2008 Financial Crisis
    Market Realist2 days ago

    Why Europe Never Fully Recovered from the 2008 Financial Crisis

    Mario Draghi: Is another ‘Whatever It Takes’ Moment at Hand?(Continued from Prior Part)EuropeWhile the rest of the world recovered from the 2007–2008 financial crisis, Europe (VGK)(EZU) has been engulfed in one crisis after another.

  • This Is Fund Managers’ Most Crowded Trade in March
    Market Realist2 days ago

    This Is Fund Managers’ Most Crowded Trade in March

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  • Yandex & Hyundai Mobis Collaborate on Self Driving Cars
    Zacks3 days ago

    Yandex & Hyundai Mobis Collaborate on Self Driving Cars

    Yandex (YNDX) partners with Hyundai Mobis to expand its share in the autonomous driving space.

  • Baidu Inc. (BIDU) Dips More Than Broader Markets: What You Should Know
    Zacks4 days ago

    Baidu Inc. (BIDU) Dips More Than Broader Markets: What You Should Know

    Baidu Inc. (BIDU) closed the most recent trading day at $170.15, moving -0.34% from the previous trading session.

  • Ford Just Made These Moves On Self-Driving Cars, Electric Vehicles
    Investor's Business Daily4 days ago

    Ford Just Made These Moves On Self-Driving Cars, Electric Vehicles

    Ford will establish a self-driving center in Michigan and is expanding production of electric vehicles there.

  • More Action: US-China Trade Talks Resume Next Week
    Market Realist4 days ago

    More Action: US-China Trade Talks Resume Next Week

    More Action: US-China Trade Talks Resume Next WeekUS-China trade talks The US and China have held four rounds of trade talks since President Trump and President Xi Jinping agreed to a 90-day truce last year. President Trump extended the truce

  • ETF Trends4 days ago

    An ETF For China’s Digital Advertising Boom

    As China's Internet market, which is already home to more users than there are people living in the U.S., continues expanding, digital advertising expands as well. The O’Shares Global Internet Giants ETF (OGIG) is one of the newer options among Internet exchange traded funds, but unlike its domestically-focused rivals, OGIG features exposure to Chinese Internet companies. Some of OGIG’s top portfolio holdings includes companies such as Alibaba, Amazon, Facebook, and Alphabet, each of which represents 6- to 6.5-percent of the overall portfolio.

  • Zacks4 days ago

    Fed Takes Center Stage as Stocks Take a Break

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  • Find The Best Growth Stocks: How To Analyze A Stock's Cup With Handle
    Investor's Business Daily4 days ago

    Find The Best Growth Stocks: How To Analyze A Stock's Cup With Handle

    The cup with handle chart pattern is to serious investors what the single is to a baseball fan. It's the starting point for scoring runs.

  • China's Largest Streaming Site Is Coming After TikTok
    Bloomberg6 days ago

    China's Largest Streaming Site Is Coming After TikTok

    IQiyi Inc., controlled by search giant Baidu Inc., intends to cultivate a social media-oriented video sharing platform geared toward entertainment, founder and Chief Executive Officer Gong Yu told Bloomberg Television. Apps like Douyin, known as Tik Tok in the U.S., have exploded across China, helping users shoot and share clips on everything from dancing teens and feats of physical strength to noodle-slurping villagers. IQiyi is hoping to tap China’s voracious appetite for everything from celebrity gossip to movie clips -- a function of an exploding film and TV industry that’s also massively inflated production and talent costs.

  • What’s China’s Central Bank Doing to Tackle the Slowdown?
    Market Realist6 days ago

    What’s China’s Central Bank Doing to Tackle the Slowdown?

    Economic Slowdown Deepens, Central Banks Take Charge(Continued from Prior Part)China’s central bankWhile most of the major economies are expected to grow at a slower pace this year compared to 2018, China’s economic slowdown has been getting

  • 3 Top Artificial Intelligence Stocks to Watch in March
    Motley Fool9 days ago

    3 Top Artificial Intelligence Stocks to Watch in March

    Baidu, NVIDIA, and AMD have all established firm footholds in the growing AI market.

  • Top-Performing ETFs Of The 10-Year Bull-Run
    Zacks9 days ago

    Top-Performing ETFs Of The 10-Year Bull-Run

    Learn more about the ETFs that crushed the broad indexes during the ten-year bull-run.

  • What Is Microsoft Seeking in Foxconn Suit?
    Market Realist9 days ago

    What Is Microsoft Seeking in Foxconn Suit?

    The Latest Updates from Microsoft and IBMMicrosoft says relationship with Foxconn is important Microsoft (MSFT) recently sued Foxconn, formally known as Hon Hai, in a patent dispute. Microsoft filed the suit in a United States district court in

  • Yandex Is Losing Market Share in Its Home Market
    Market Realist9 days ago

    Yandex Is Losing Market Share in Its Home Market

    Search Engine Players GOOG, BIDU, and YNDX Look for New Angles(Continued from Prior Part)Google is gaining groundYandex (YNDX) appears to be struggling to keep its lead in Russia’s Internet search engine market. The company’s share of the search

  • Will PayPal Boost Its R&D Allocation to Counter the Competition?
    Market Realist10 days ago

    Will PayPal Boost Its R&D Allocation to Counter the Competition?

    All You Need to Know ahead of PayPal’s Q1 Results(Continued from Prior Part)PayPal faces escalating competition In the past year, we’ve seen PayPal (PYPL) make a series of strategic acquisitions in apparent attempts to sharpen its competitive

  • Trump-Xi Meeting Postponed: How Markets Could React This Month
    Market Realist10 days ago

    Trump-Xi Meeting Postponed: How Markets Could React This Month

    Trump-Xi Meeting Postponed: How Markets Could React This MonthUS markets this yearUS markets have mostly been in party mode this year, driven by the Fed’s U-turn on rate hikes and optimism about US-China (SPY) (FXI) trade talks. If one of

  • Baidu Is Developing for a New $580 Billion Market
    Market Realist10 days ago

    Baidu Is Developing for a New $580 Billion Market

    Search Engine Players GOOG, BIDU, and YNDX Look for New Angles(Continued from Prior Part)Baidu partners with Ctrip Baidu (BIDU) has given research a top priority in its spending allocations. At least 15% of Baidu’s revenue goes toward funding

  • Google Launches Another India-Specific Product
    Market Realist11 days ago

    Google Launches Another India-Specific Product

    Search Engine Players GOOG, BIDU, and YNDX Look for New Angles(Continued from Prior Part)Google launches apps just for IndiaGoogle (GOOGL) recently launched a language app called Bolo to help kids in India improve their English and Hindi reading

  • How Will Google Make Money with Duplex?
    Market Realist11 days ago

    How Will Google Make Money with Duplex?

    Search Engine Players GOOG, BIDU, and YNDX Look for New Angles(Continued from Prior Part)Duplex is rolling out broadly Alphabet’s (GOOGL) Google is expanding the availability of Duplex, its automated restaurant reservation tool. Duplex is rolling

  • Google Wants to Turn the Tables on Apple in the App Business
    Market Realist11 days ago

    Google Wants to Turn the Tables on Apple in the App Business

    Search Engine Players GOOG, BIDU, and YNDX Look for New AnglesGoogle wants to help developers make more money Alphabet’s (GOOGL) Google is introducing a new feature designed to expand monetization options for Android developers. The feature is

  • Chinese Economic Data in Focus after Dismal Auto Sales and PMI
    Market Realist11 days ago

    Chinese Economic Data in Focus after Dismal Auto Sales and PMI

    Chinese Economic Data in Focus after Dismal Auto Sales and PMIChinese economic data Tomorrow, China is expected to release a slew of economic data including fixed asset investment, industrial production, real estate indicators, and retail sales. So

  • Baidu Inc. (BIDU) Stock Sinks As Market Gains: What You Should Know
    Zacks12 days ago

    Baidu Inc. (BIDU) Stock Sinks As Market Gains: What You Should Know

    Baidu Inc. (BIDU) closed the most recent trading day at $166.91, moving -0.03% from the previous trading session.