Shares of Baidu have moved 0.7% today, and are now trading at a price of $119.94. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 749,640 compared to the stock's average volume of 5,614,565.
Baidu, Inc. provides online marketing and non-marketing value added services through an internet platform in the People's Republic of China. Based in Beijing, China the company has 35,900 full time employees and a market cap of $40,222,752,768.
The company is now trading -13.96% away from its average analyst target price of $139.39 per share. The 32 analysts following the stock have set target prices ranging from $80.98975 to $243.9725, and on average give Baidu a rating of buy.
Over the last 52 weeks, BIDU stock has risen 32.5%, which amounts to a 16.3% difference compared to the S&P 500. The stock's 52 week high is $149.51 whereas its 52 week low is $74.71 per share. Based on Baidu's average net margin growth of 44.0% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 18,238,000 | 3,255,000 | 18 | 20.0 |
| 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 |
