Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers. The highest, average, and lowest price target of all analysts. China Tech Stocks Crushed As Xi Secures 3rd Term, Likely Extending CrackdownAn unprecedented third term as President for Xi Jinping is crushing China-based tech stocks Monday. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
- Baidu, Inc. engages in the provision of internet search and online marketing solutions.
- Baidu, Inc. shares rose more than 2% during Monday’s session after Mizuho reiterated its Buy rating and raised its price target to a Street-high $325 per share.
- The Company operates through two segments, Baidu Core segment and iQIYI segment.
- Baidu has received a 33.85% net impact score from Upright.
- From a technical standpoint, Baidu stock broke out from its prior highs in January to fresh 52-week highs.
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Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period. A pullback refers to the falling back of a price of a stock or commodity from its recent pricing peak. The author holds no position in the stock mentioned except through passively managed Forex news index funds. Traders should watch for consolidation above prior highs of around $264.00 over the coming sessions. If the stock breaks down from those levels, traders could see a move toward Fibonacci support at $232.80, but the more likely scenario is a rise over the intermediate term toward fresh highs.
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Baidu, Inc. was incorporated in 2000 and is headquartered in Beijing, China. Baidu Inc is a Chinese language Internet search provider. The Company offers a Chinese language search platform on its Baidu.com Website that enables dotbig users to find information online, including Webpages, news, images, documents and multimedia files, through links provided on its Website. The Company operates through two segments, Baidu Core segment and iQIYI segment.
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Baidu, Inc is primarely in the business of services-computer programming, data processing, https://dotbig.com/markets/stocks/BIDU/ etc.. For financial reporting, their fiscal year ends on December 31st.
Is the company falling apart and heading toward bankruptcy? More likely, the share dump was due to a political consolidation that made investors in China-based businesses skittish. In 2024, BIDU is forecast to generate $70,594,463,250,000 in revenue, with the lowest revenue forecast at $70,285,875,300,000 and the highest revenue forecast at $70,903,051,200,000. In 2024, BIDU is forecast to generate $36,242,100,000 https://dotbig.com/markets/stocks/BIDU/ in earnings, with the lowest earnings forecast at $36,242,100,000 and the highest earnings forecast at $36,242,100,000. 280 employees have rated Baidu Chief Executive Officer Robin Yanhong Li on Glassdoor.com. Robin Yanhong Li has an approval rating of 92% among the company’s employees. This puts Robin Yanhong Li in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
Libertex MetaTrader 5 trading platform The latest version of MetaTrader. Libertex MetaTrader 4 trading platform The #1 professional trading platform. Want to know a great way to reduce the risk in an inherently risky trade? In the case of Baidu, https://www.cnbc.com/money-in-motion/ the company could completely disappear , and the most you’d lose on this bet would be $100. Baidu stock collapsed when Xi Xinping secured a third term as China’s president. By creating a free account, you agree to our terms of service.
BIDU revenue growth forecast
In addition, Lee believes that Baidu is well positioned as the dominant supplier for both the smart transportation network that stock price of Baidu Inc China is building and in-car technology. This website is using a security service to protect itself from online attacks.
Company Performance
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Where Will Baidu Stock Be in 1 Year?
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Baidu, Inc. shares rose more than 2% during Monday’s session after Mizuho reiterated its Buy rating and raised its price target to a Street-high $325 per share. The value of an investment in stocks and shares can fall as well as rise, so you may get back less than you invested. The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company. In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.