Home » USA Broker Ratings » Baidu – Consenus Indicates Potential 771.9% Upside

Baidu – Consenus Indicates Potential 771.9% Upside

Baidu with ticker code (BIDU) have now 34 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 1322.56 and 747.84 calculating the average target price we see 1030.89. Given that the stocks previous close was at 118.24 this indicates there is a potential upside of 771.9%. The 50 day moving average now sits at 129.34 and the 200 day MA is 117.58. The market cap for the company is $40,175m. You can visit the company’s website by visiting: http://www.baidu.com

Baidu provides Internet search services in China and internationally. It operates through two segments, Baidu Core and iQIYI. The Baidu Core segment offers products for uses, including Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services through its other properties and Union partners; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Haokan, a short video app; and Quanmin, a flash video app for users to create and share short videos. It also provides Baidu Post Bar, a social media platform; Baidu Knows, a question-and-answer community where questions are asked, answered, and organized by users; Baidu Encyclopedia; Baidu Maps that offers locations, and intelligent routing and navigation services; Baidu Input Method Editor or Baidu IME, a Chinese-language mobile keyboard; Baidu WenKu; Baijiahao; and DuerOS, a voice assistant platform. In addition, this segment offers online marketing services, which include pay for performance (P4P), an auction-based services that allow customers to bid for priority placement of paid sponsored links and reach users who search for information related to their products or services; Non-P4P services provide display-based marketing services and other online marketing services based on performance criteria other than cost per click; Apollo, an open source autonomous driving platform; and Baidu Cloud primarily provides AI solutions, cloud infrastructure, and other services to enterprises and individuals. The iQIYI segment provides online entertainment service, including original and licensed content; membership services; and online advertising services. The company was formerly known as Baidu.com and changed its name to Baidu in December 2008. Baidu was founded in 2000 and is headquartered in Beijing, China.

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