Shares of Technology sector company Baidu moved 2.1% today, and are now trading at a price of $114.62. The large-cap stock's daily volume was 2,352,966 compared to its average volume of 2,503,922. The S&P 500 index returned a 1.0% performance.
Baidu, Inc. offers internet search services in China. The company is based in Beijing and has 41,300 full time employees. Its market capitalization is $40,141,299,712.
38 analysts are following Baidu and have set target prices ranging from $130.49 to $227.6 per share. On average, they have given the company a rating of buy. At today's prices, BIDU is trading -33.91% away from its average analyst target price of $173.44 per share.
Over the last year, BIDU's share price has increased by 3.8%, which represents a difference of -20.2% when compared to the S&P 500. The stock's 52 week high is $160.88 per share whereas its 52 week low is $103.32. Baidu's average free cash flow over the last 6 years has been $2.96 Billion, but they have been decreasing at an average rate of -10.0%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 3,794,000 | 1,201,000 | 2,593,000 | 24.42 |
| 2022 | 3,794,000 | 1,710,000 | 2,084,000 | 4.25 |
| 2021 | 3,709,000 | 1,710,000 | 1,999,000 | -36.84 |
| 2020 | 4,088,000 | 923,000 | 3,165,000 | -19.97 |
| 2019 | 5,231,000 | 1,276,000 | 3,955,000 | 0.0 |
| 2018 | 5,231,000 | 1,276,000 | 3,955,000 |
