AllAnalyst Report
logoMorningstarMarch 10, 2021

Baidu, Inc.: Solid Fourth Quarter for Baidu, but Large Share Price Rise Leaves It Overvalued on Our Estimates

Communication Services
Current Price
Fair Value
Economic Moat

Baidu is the largest Internet search engine in China with mid-70s mobile traffic share in the search market. The firm generates 86% of revenue from online marketing services and the rest from other segments. Baidu is a technology-driven company and has been investing in AI technology, such as autonomously driven cars.

Subscribe to Yahoo Finance Plus Essential for full access
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
Try it Free

Analyst Profile

Dan Baker

Dan Baker is a director of equity research for Morningstar Investment Management Asia Limited, a wholly owned subsidiary of Morningstar, Inc. He covers Asian telecommunications and technology companies. He is also team leader for the equity research teams in Hong Kong and China.Before joining Morningstar in 2014, he had 10 years’ experience as an equity analyst with Merrill Lynch and Mirae Asset Securities and two years in equity sales with RBS. He also worked for eight years in the telecommunications industry as an engineer with Ericsson and a telecom industry consultant with Ovum.Baker holds a bachelor’s degree in electrical engineering from the University of Melbourne, a diploma in applied finance and investment from the Securities Institute of Australia, and a master’s degree in accounting from Curtin University.