BIDU - Baidu, Inc.
| Previous close | 105.45 |
| Open | 103.40 |
| Bid | 101.22 x 900 |
| Ask | 101.59 x 1300 |
| Day's range | 101.55 - 105.56 |
| 52-week range | 93.39 - 234.88 |
| Volume | 6,128,644 |
| Avg. volume | 4,029,995 |
| Market cap | 34.84B |
| Beta (3Y monthly) | 1.58 |
| PE ratio (TTM) | 7.94 |
| EPS (TTM) | 12.83 |
| Earnings date | 28 Oct 2019 - 1 Nov 2019 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 147.17 |
- Motley Fool
The Good and Bad of Chinese Media Stocks
Not all streaming companies are made equal, and some of the Chinese media companies are set up for a lot more success than others.
Motley FoolBaidu Stock Is Priced for Imperfection
Three analysts check in on China's leading search engine after a mixed but initially well-received quarterly report.
Motley FoolBaidu, Inc. (BIDU) Q2 2019 Earnings Call Transcript
BIDU earnings call for the period ending June 30, 2019.
- Market Realist
Could Baidu Stock Begin Climbing Now?
Baidu (BIDU) has been one of the weakest major Chinese technology stocks this year. However, the company's second-quarter results cheered up shareholders.
- Motley Fool
The Trade Desk Makes a Key Hire to Accelerate Its China Strategy
The experienced executive will help the ad-buying platform tap into one of the world's most important markets for digital advertising.
- Motley Fool
5 Important Takeaways From Baidu's Q2 Earnings Report
The results weren't as bad as many feared, and things might be looking up.
Motley FoolWhy Baidu, Endo International, and Hilton Grand Vacations Jumped Today
Despite some nervousness in the broader market, earnings and other good news helped boost these stocks.
- Yahoo Finance
Companies to Watch: Baidu posts earnings beat, Southwest cuts down on routes, new details on Disney+
Baidu, Southwest Airlines, U.S. Steel, Elanco and Disney are the companies to watch.
- Zacks
Baidu (BIDU) Catches Eye: Stock Jumps 7.8%
Baidu (BIDU) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.
- Motley Fool
Baidu's Stock Surges on Solid Earnings, Hint of Revenue Recovery
China’s search leader rolls with the punches and expands its ecosystem beyond PCs and mobile devices.
- Zacks
Implied Volatility Surging for Baidu (BIDU) Stock Options
Investors need to pay close attention to Baidu (BIDU) stock based on the movements in the options market lately.
- Zacks
Baidu (BIDU) Earnings and Revenues Beat Estimates in Q2
Baidu (BIDU) reports strong second-quarter earnings driven by strength in the core business and video streaming service iQiyi.
- Investing.com
Baidu Earnings, Revenue Beat in Q2
Investing.com - Baidu reported second quarter earnings that beat analysts' expectations on Monday and revenue that topped forecasts.
- Bloomberg
Baidu’s CEO Warns of ‘Pain’ After Search Giant Fights Off Rivals
(Bloomberg) -- So challenging are the times for Baidu Inc. that even meager revenue growth is cause for celebration.The Chinese search leader’s shares surged as much as 10% in extended trading after it reported sales inched up 1.4% to 26.3 billion yuan ($3.8 billion) in the June quarter, versus projections for a drop. Baidu foresees current-quarter revenue of 26.9 billion yuan to 28.5 billion yuan, flat to down a tad and roughly in line with estimates.The better-than-expected results will soothe investors’ worries for now that the 19-year-old company is losing steam rapidly as China’s internet evolves from desktop to mobile. Yet it continues to grapple with a broader economic slowdown as well as competition for advertisers from Tencent Holdings Ltd. and ByteDance Inc. The latter is chipping away at Baidu’s ad sales via increasingly popular news and social media apps, and also recently launched a general search engine -- a direct challenge to Baidu’s core business.“Facing severe outside challenges and a weak macro environment, the company has initiated a series of groundbreaking changes from top to bottom, involving company structures, personnel moves and business consolidation,” Baidu Chief Executive Officer Robin Li said in a letter to employees after the results. “Despite periodic pain, these changes will have positive and profound impact, enabling Baidu to walk farther and steadier.”Read more: Baidu’s $66 Billion Dive Knocks It Out of China’s Internet Top 5Net income dropped to 2.41 billion yuan, reversing a loss in the prior quarter -- Baidu’s first since going public in 2005. The company enjoyed a near-monopoly in online search after Alphabet Inc.’s Google exited China in 2010 but has in past years suffered a plethora of troubles from a regulatory clampdown over healthcare ads to the departure of a slew of top executives including Xiang Hailong, a 14-year veteran who ran its core search business.The search giant is betting on new technology such as artificial intelligence and self-driving cars, but these pushes aren’t going to pay off financially any time soon. In the meantime, Baidu is investing in content to hold onto users, backing social media platforms including Q&A site Zhihu and science sharing platform Guokr. Daily active app users climbed 27% in the June quarter to 188 million, while subscribers on its Netflix-style iQiyi service grew by about 50% to 100.5 million in June.Baidu had fallen off the list of China’s five most valuable internet companies, trailing Meituan and NetEase Inc., after shedding more than 40% of its market value this year. Once touted as a member of China’s tech triumvirate alongside Alibaba Group Holding Ltd. and Tencent, Baidu has been left behind as the country’s internet evolves.Baidu’s forecast “indicates continued pressure from multiple headwinds, including China’s weakening macroeconomic environment hurting advertisers’ sentiment, the company’s cleanup of low quality health-care advertisers, and the large influx of competitive advertising inventory depressing industry prices,” Bloomberg Intelligence analyst Vey-Sern Ling said.To contact the reporter on this story: Zheping Huang in Hong Kong at zhuang245@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum Murphy, Peter ElstromFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Motley Fool
iQiyi Can't Bail Out Baidu Forever
Growth continues to slow at China's leading search engine, but the market exhales after a second quarter that had pockets of improvement.
- Motley Fool
After Hours: Baidu and iQiyi Report Starkly Different Q2s
The recent performance of the two related Asian tech stocks is a study in contrasts.
- Motley Fool
Baidu, Alibaba and Tencent: Investing in China’s AI Revolution
These three Chinese tech giants are set to benefit from the growth of Artificial Intelligence. Here's why.
- Market Realist
Baidu Leads Tech Gains on August 19
Shares of China’s leading search engine Baidu (BIDU) have been on a tear today. The stock gained 7.8% in after-hours trading today to close at $104.22.
- TechCrunch
Baidu beats estimates on strong video streaming growth
Chinese technology group Baidu on Monday posted a revenue of 26.33 billion yuan ($3.73 billion) for the quarter that ended in June, beating analysts’ estimates of 25.77 billion yuan ($3.65 billion) as its video streaming service iQiyi continues to see strong growth. Net income for the second quarter dropped to 2.41 billion yuan ($344 million), down 62% compared to same period last year, but an improvement from the first quarter of this year when Baidu posted a net loss of 327 million yuan ($46.3 million). "With Baidu traffic growing robustly and our mobile ecosystem continuing to expand, we are in a good position to focus on capitalizing monetization and ROI improvement opportunities to deliver shareholder value," Herman Yu, CFO of Baidu, said in a statement.
- Reuters
China's Baidu beats earnings expectations, shares rally
Baidu reported a small 1% bump in revenue and a 62% drop in net profit for the second quarter, but the result was welcomed by investors who had feared worse amid a slowing Chinese economy and stiff competition from rivals like ByteDance's TikTok. Baidu's earnings update followed reports from Alibaba and JD.com last week, which also beat expectations, showing how some tech giants' diversification strategies might be helping stave off macroeconomic pressures. Baidu's video streaming service iQiyi was a key driver of the revenue bump as it crossed the 100 million subscriber mark in June, although there were some concerns about rising costs at the unit associated with winning and retaining viewers.
- Bloomberg
2019 Is an Investment Year for Baidu, Says Moody’s Investors Service’s Choi
Aug.19 -- Lina Choi, corporate finance group senior credit officer at Moody’s Investors Service, discusses Baidu’s 3Q earnings and her outlook for Chinese tech stocks. She speaks on “Bloomberg Daybreak: Asia.”
