Large-cap Technology company Baidu has logged a -2.9% change today on a trading volume of 2,339,335. The average volume for the stock is 3,775,641.
Baidu, Inc. provides online marketing and cloud services through an internet platform in the People's Republic of China. Based in Beijing, China the company has 39,800 full time employees and a market cap of $29,791,019,008.
The company is now trading -23.88% away from its average analyst target price of $110.41 per share. The 35 analysts following the stock have set target prices ranging from $75.41171 to $166.15459, and on average give Baidu a rating of buy.
Over the last 12 months BIDU shares have declined by -24.9%, which represents a difference of -50.8% when compared to the S&P 500. The stock's 52 week high is $119.75 per share and its 52 week low is $78.95. With its net margins declining an average -9.2% over the last 6 years, Baidu declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ 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 |
