Baidu Announces Third Quarter 2015 Results

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Baidu's (BIDU) Price Target Raised to $189 at Deutsche Bank

October 30, 2015 10:38 AM EDT

Deutsche Bank maintained a Hold rating on Baidu (NASDAQ: BIDU) and raised its price target to $189.00 (from $179.00). Analyst Alan Hellawell III expects shares to outperform and the short-term.

"Baidu reported an in-line 3Q top-line with a bottom-line beat on less opex. Having successfully orchestrated... More

Baidu.com (BIDU) Tops Q3 Views

October 29, 2015 6:45 PM EDT

Baidu.com (NASDAQ: BIDU) reported Q3 EPS of RMB7.92, RMB0.75 ($1.25) better than the analyst estimate of RMB7.17. Revenue for the quarter came in at RMB18.38 billion ($2.892 billion) versus the consensus estimate of RMB18.39 billion.

Diluted earnings attributable to Baidu per ADS excluding share-based compensation expenses(non-GAAP) for the third quarter of 2015 were RMB9.07 ($1.43).

Baidu.com sees FY2015... More