BIDU - Baidu, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
114.47
+1.01 (+0.89%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous Close113.46
Open114.55
Bid114.48 x 800
Ask114.49 x 1000
Day's Range114.10 - 115.85
52 Week Range113.30 - 274.00
Volume4,902,873
Avg. Volume3,975,792
Market Cap40.066B
Beta (3Y Monthly)1.12
PE Ratio (TTM)8.92
EPS (TTM)12.83
Earnings DateJul 29, 2019 - Aug 2, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est209.15
  • Reuters12 hours ago

    China's robot censors crank up as Tiananmen anniversary nears

    It's the most sensitive day of the year for China's internet, the anniversary of the bloody June 4 crackdown on pro-democracy protests at Tiananmen Square, and with under two weeks to go, China's robot censors are working overtime. Censors at Chinese internet companies say tools to detect and block content related to the 1989 crackdown have reached unprecedented levels of accuracy, aided by machine learning and voice and image recognition. "We sometimes say that the artificial intelligence is a scalpel, and a human is a machete," said one content screening employee at Beijing Bytedance Co Ltd, who asked not to be identified because they are not authorised to speak to media.

  • Benzinga21 hours ago

    Benzinga's Bulls & Bears Of The Week: Boeing, Ford, Target, Tesla And More

    Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included aerospace and automotive giants. Bearish calls included retailers and an EV maker. The markets ...

  • Will NIO Miss Q1 Revenue Estimates Like Tesla, Tencent, and Baidu?
    Market Realist2 days ago

    Will NIO Miss Q1 Revenue Estimates Like Tesla, Tencent, and Baidu?

    Wall Street Expects NIO to Outperform TSLA, TCEHY, BIDU, and BABANIO’s Q1 2019 earningsChinese electric car company NIO (NIO) is slated to release its first-quarter earnings on Tuesday. Wall Street analysts expect the company to report a wider

  • Could NIO Beat Its Q1 Estimates like TCEHY and BABA?
    Market Realist2 days ago

    Could NIO Beat Its Q1 Estimates like TCEHY and BABA?

    NIO: What to Expect from Its Q1 Earnings(Continued from Prior Part)NIO’s Chinese peers reported earningsLast week, Alibaba (BABA), Tencent Holdings (TCEHY), and Baidu (BIDU) reported their results for the quarter ending in March. Tencent Holdings

  • SINA and Weibo: Falling Knives or Undervalued Stocks?
    Motley Fool2 days ago

    SINA and Weibo: Falling Knives or Undervalued Stocks?

    The two Chinese companies are struggling with weak ad spending and a strong U.S. dollar.

  • The Meaning of Baidu’s Car Business Sale Denial
    Market Realist2 days ago

    The Meaning of Baidu’s Car Business Sale Denial

    All Isn't Lost for Baidu Even after Its Q1 Surprise(Continued from Prior Part)Baidu says it’s not looking for external funding for its Apollo unitBaidu (BIDU) has denied media reports that it’s exploring a sale or spin-off of its car business.

  • Baidu Is Seeking $1.0 Billion in Funding for a Bank Venture
    Market Realist2 days ago

    Baidu Is Seeking $1.0 Billion in Funding for a Bank Venture

    All Isn't Lost for Baidu Even after Its Q1 Surprise(Continued from Prior Part)Baidu owns 30% of this banking ventureBaidu (BIDU) and China CITIC Bank are seeking up to $1.0 billion in new funding for their digital bank joint venture, according to a

  • Baidu Is Besting Alibaba in This Market
    Market Realist2 days ago

    Baidu Is Besting Alibaba in This Market

    All Isn't Lost for Baidu Even after Its Q1 SurpriseAmazon and Google maintain smart speaker leadBaidu (BIDU) toppled Alibaba (BABA) to become China’s top smart speaker company in the first quarter, according to a report released this month by

  • After Earnings Miss, Baidu Stock Can Get Even Cheaper
    InvestorPlace4 days ago

    After Earnings Miss, Baidu Stock Can Get Even Cheaper

    The bottom is falling out for Baidu (NASDAQ:BIDU). Baidu stock fell by almost one-quarter on Friday and Monday. Excluding a very brief dip in 2015, BIDU stock now sits at its lowest level in almost six years.Source: Shutterstock The near-term catalyst has been BIDU's disappointing first-quarter report issued on Thursday afternoon. But there's more weighing on BIDU stock than just a single earnings report. As I wrote earlier this year, there have been significant concerns about the health of its business for a long time. * 7 Safe Stocks to Buy for Anxious Investors Its Q1 results and, perhaps more importantly, its Q2 guidance, suggest those concerns are quite realistic. And so I wouldn't recommend that investors try and time the bottom of BIDU stock just yet.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Baidu's EarningsOn the surface, Baidu's earnings look modestly disappointing, but they don't seem bad enough to drive such a steep fall. Adjusted earnings per share of 41 cents did miss analysts' consensus estimate by $0.16. But its revenue growth in Chinese yuan rose 15%, in-line with the consensus outlook, and its sales actually grew 21%, excluding the divestiture of a number of its businesses last year.The earnings miss sounds disappointing, but the overall numbers don't seem terribly out of line. The company's revenue is still growing. BIDU had warned that its profits would drop in the first half of the year, partly due to higher spending on its search business.But looking more closely, two factors drove Baidu's top-line growth. The first was its ownership of iQiyi (NASDAQ:IQ), the so-called Netflix (NASDAQ:NFLX) of China. Baidu still owns roughly two-thirds of iQiyi, so IQ's results and its growth are reflected in Baidu's consolidated numbers.But Baidu's online marketing revenue, the key part of its wholly-owned business, increased just 3%. And Baidu spent an enormous sum on marketing in the quarter. SG&A, which includes marketing expenses, rose a stunning 93% year-over-year. Some of that increase was due to BIDU's efforts to support iQiyi's growth. But the operating income of Baidu's core operations plunged a stunning 67% year-over-year.Outside of iQiyi, then, Baidu essentially bought, at an expensive price, what little revenue growth it could muster. And Q2 isn't going to be much better. Baidu guided for consolidated revenue to rise just 1% to 6% excluding divestitures, representing a significant slowdown. The Baidu Stock Price PlungeSo the reaction to the earnings report does make some sense. Baidu's stake in IQ accounts for roughly 20% of its market cap; IQ shares have fallen on BIDU's results. BIDU's legacy business seems to have a significant top-line growth problem. And its increased spending is causing its profits to not only decline, but to decline sharply. BIDU stock simply has a very different fundamental profile after its earnings than it did previously.Beyond the numbers, the results confirm the fears that have dogged Baidu stock for some time. Its desktop search business is being displaced by greater use of apps, which bypass browsers and Baidu altogether. (That is also a concern for Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL), to which Baidu is often compared, though Alphabet has done a better job of holding onto its business.) Baidu has added some self-inflicted wounds, including a scandal surrounding medical search results back in 2016 and complaints about its news results earlier this year.BIDU managed to come out the other side of the 2016 scandal. But its Q2 guidance, in particular, suggests a deceleration of growth to levels not seen since 2016-2017. That, in turn, implies that Baidu's brand in China has taken another hit from which it may not be as easy to recover.Outside of search, Baidu hasn't proven it can win. Its income from equity investments (which does not include iQiyi) declined 57% in Q1. Its efforts in artificial intelligence and the cloud don't appear to be moving the needle much. If Search starts to fade, it's not clear that BIDU will have an answer. Baidu Stock Doesn't Look Cheap EnoughBaidu stock looks awfully cheap on the surface. The company closed Q1 with over $18 billion in cash, excluding the funds held by iQiyi. Its stake in IQ is worth close to $10 billion. Combined, those assets support over half of the current market capitalization of BIDU stock.Based on those assets and analysts' 2019 consensus EPS estimate, it appears that Baidu stock is trading at a single-digit multiple to the profits of its core business. But it's worth noting that those EPS estimates are going to come down, and potentially sharply, in the wake of the Q1 results. BIDU stock may look cheap, but there's a wealth of evidence at the moment which suggests that it should be cheap.Meanwhile, the trade war still hangs over all Chinese stocks. But Baidu stock has badly lagged even its peers recentl. Big Chinese names like Alibaba (NYSE:BABA), JD.com (NASDAQ:JD), and Tencent (OTCMKTS:TCEHY) all posted solid earnings reports last week, and their shares have risen so far this year. What happens to BIDU stock if and when investors' views on China deteriorate?The response by Baidu stock over the last two sessions is not an overreaction, or a panic, or a case of investors not paying attention. There have been real concerns about BIDU stock for some time now, and those concerns seem supported by both its Q1 results and its Q2 guidance. So it's not surprising that Baidu stock has fallen so hard. And it wouldn't be a surprise if BIDU keeps falling.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Safe Stocks to Buy for Anxious Investors * 4 Tech Stocks Looking Vulnerable * Should You Buy, Sell, Or Hold These 7 Hot IPO Stocks? Compare Brokers The post After Earnings Miss, Baidu Stock Can Get Even Cheaper appeared first on InvestorPlace.

  • Motley Fool4 days ago

    What Baidu's First Quarterly Loss in 14 Years Means for the Company

    Shares of "the Google of China" sank to a six-year low Friday.

  • Options Traders Expect Huge Moves in Baidu (BIDU) Stock
    Zacks4 days ago

    Options Traders Expect Huge Moves in Baidu (BIDU) Stock

    Investors need to pay close attention to Baidu (BIDU) stock based on the movements in the options market lately.

  • The Tech Cold War Begins: How Big Tech is Affected
    Insider Monkey4 days ago

    The Tech Cold War Begins: How Big Tech is Affected

    The tariff battle between China and U.S. has become more than just talk. After President Trump raised tariffs on hundreds of billions of dollars worth of imports from China, Trump has now targeted Huawei adding it to a trade blacklist. Huawei is a big company with around $100 billion in revenue last year. The intelligence community […]

  • Baidu Bloodbath Post Q1: ETFs in Focus
    Zacks4 days ago

    Baidu Bloodbath Post Q1: ETFs in Focus

    Baidu shares decline on downbeat guidance and analysts' forecast cuts. Will Baidu-heavy ETFs face the same fate?

  • GlobeNewswire4 days ago

    Baidu Tops China’s Smart Speaker Market and Enters Top 3 Globally in First Quarter

    Baidu, Inc. (BIDU) ranked No. 1 in China’s smart speaker market and became a top-three global player with Amazon and Google in the first quarter of 2019, according to research companies Canalys and Strategy Analytics, as Baidu’s conversational AI system DuerOS continues to gain momentum in device shipment and ecosystem development. According to Canalys and Strategy Analytics, China has overtaken the United States as the world’s largest smart speaker market after seeing about 500% growth year-on-year.

  • China Outpaces U.S. in Smart Speaker Market: BABA & BIDU Gain
    Zacks4 days ago

    China Outpaces U.S. in Smart Speaker Market: BABA & BIDU Gain

    Robust demand for smart speakers in China benefits device makers Baidu (BIDU) and Alibaba (BABA) in first-quarter 2019.

  • Citic and Baidu Seek Up to $1 Billion for Online Bank
    Bloomberg5 days ago

    Citic and Baidu Seek Up to $1 Billion for Online Bank

    Traditional lenders have been cutting staff and downsizing their branch network amid competition from online payment giants such as Alibaba Group Holding Ltd. affiliate Ant Financial and Tencent Holdings Ltd. More banking transactions in China are now completed outside brick-and-mortar branches. A representative for Baidu declined to comment.

  • The U.S. Is No Longer the World's Largest Smart-Speaker Market
    Motley Fool5 days ago

    The U.S. Is No Longer the World's Largest Smart-Speaker Market

    Chinese vendors are starting to catch up with domestic heavyweights.

  • Inside Baidu's Horrible Quarter
    Motley Fool5 days ago

    Inside Baidu's Horrible Quarter

    Baidu’s quarter left more questions than answers.

  • Baidu's Billion-Dollar Buyback Is Pointless
    Motley Fool5 days ago

    Baidu's Billion-Dollar Buyback Is Pointless

    The Chinese tech giant’s new $1 billion buyback plan won’t help investors.

  • iQiyi Continues to Grow, but Its Losses Have Expanded
    Market Realist5 days ago

    iQiyi Continues to Grow, but Its Losses Have Expanded

    The Latest on the NASDAQ, Amazon, Baidu, and iQiyi(Continued from Prior Part)iQiyi continues to see robust revenue growth, but its losses are expandingChinese video-streaming company iQiyi (IQ) spun off from Baidu (BIDU) through a blockbuster $1.5

  • Moody's5 days ago

    Baidu Inc. -- Moody's announces completion of a periodic review of ratings of Baidu Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Baidu Inc. Hong Kong, May 22, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Baidu Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Baidu Stock Has Plunged 23% since It Reported Its Earnings
    Market Realist5 days ago

    Baidu Stock Has Plunged 23% since It Reported Its Earnings

    The Latest on the NASDAQ, Amazon, Baidu, and iQiyi(Continued from Prior Part)Baidu reported its first quarterly loss since going publicChinese search engine giant Baidu (BIDU) has seen its stock tank 23% since it reported its first-quarter earnings

  • Here’s Amazon’s Latest Investment
    Market Realist5 days ago

    Here’s Amazon’s Latest Investment

    The Latest on the NASDAQ, Amazon, Baidu, and iQiyi(Continued from Prior Part)Amazon is investing $575 million in food-delivery business DeliverooAs Amazon’s (AMZN) core e-commerce business is slowing down, it’s looking not only to expand some of