Insights into Baidu's Current Standing on Wall Street

Large-cap Technology company Baidu has logged a -1.9% change today on a trading volume of 3,469,222. The average volume for the stock is 3,357,400.

Baidu, Inc. engages in the provision of internet search services in China. Based in Beijing, China the company has 39,800 full time employees and a market cap of $33,980,346,368.

The company is now trading -36.66% away from its average analyst target price of $151.4 per share. The 36 analysts following the stock have set target prices ranging from $89.74 to $212.1, and on average give Baidu a rating of buy.

Over the last 12 months BIDU shares have declined by -28.6%, which represents a difference of -51.9% when compared to the S&P 500. The stock's 52 week high is $156.98 per share and its 52 week low is $94.25. With its net margins declining an average -9.2% over the last 6 years, Baidu declining profitability gives us reason to believe its stock price will continue to underwhelm.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 18,958,000 2,861,000 15 150.0
2022 17,931,000 1,096,000 6 -25.0
2021 19,536,000 1,605,000 8 -61.9
2020 16,410,000 3,444,000 21 950.0
2019 15,429,000 296,000 2 -92.59
2018 14,876,000 4,010,000 27
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.