25-Feb-2025
Why Ad Market Strife is Just the Beginning for Baidu (BIDU) Stock
TipRanks (Tue, 25-Feb 7:20 AM ET)
Baidu acquires JOYY's live-streaming business in China
Seeking Alpha News (Tue, 25-Feb 6:06 AM ET)
Baidu Acquires JOYY's Live Streaming Business in China
PRNewswire (Tue, 25-Feb 6:00 AM ET)
Globe Newswire (Tue, 25-Feb 6:00 AM ET)
TipRanks (Mon, 24-Feb 7:11 AM ET)
Alibaba To Invest A Massive $53 Billion In AI Infrastructure, Taking On Trump's Stargate AI Plan
Benzinga (Mon, 24-Feb 3:37 AM ET)
Benzinga (Mon, 24-Feb 2:11 AM ET)
Eyes on Austin: Tesla will take on Waymo and Uber in an early robotaxi battle
Seeking Alpha News (Sun, 23-Feb 1:41 PM ET)
Promising Growth in Baidu’s Cloud Services and Future Recovery in Advertising Revenue
TipRanks (Sun, 23-Feb 8:35 AM ET)
Notable analyst calls this week: Airbnb, Gilead and Snowflake stocks among top picks
Seeking Alpha News (Sat, 22-Feb 9:35 AM ET)
Baidu is the largest internet search engine in China with over 50% share of the search engine market in 2024 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2023. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.
Baidu - American Depositary Shares Each Representing 8 Ordinary Share trades on the NASDAQ stock market under the symbol BIDU.
As of February 25, 2025, BIDU stock price climbed to $89.02 with 3,345,134 million shares trading.
BIDU has a beta of 1.27, meaning it tends to be more sensitive to market movements. BIDU has a correlation of 0.14 to the broad based SPY ETF.
BIDU has a market cap of $31.22 billion. This is considered a Large Cap stock.
Last quarter Baidu - American Depositary Shares Each Representing 8 Ordinary Share reported $5 billion in Revenue and $2.63 earnings per share. This beat revenue expectation by $115 million and exceeded earnings estimates by $.85.
In the last 3 years, BIDU traded as high as $170.35 and as low as $73.58.
The top ETF exchange traded funds that BIDU belongs to (by Net Assets): QTUM, AIQ, PGJ, KOMP, METV.
BIDU has underperformed the market in the last year with a price return of -20.1% while the SPY ETF gained +18.4%. However, in the short term, BIDU had mixed performance relative to the market. It has outperformed in the last 3 months, returning +10.8% vs +0.1% return in SPY. But in the last 2 weeks, BIDU shares have been beat by the market, returning -5.1% compared to an SPY return of -1.8%.
BIDU support price is $84.73 and resistance is $91.01 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BIDU shares will trade within this expected range on the day.