Baidu Announces Fourth Quarter and Fiscal Year 2017 Results
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February 14, 2018 5:32 PM EST
(Updated - February 15, 2018 5:41 AM EST)
(updated to add analyst comment)
Morgan Stanley upgraded Baidu (NASDAQ: BIDU) from Equalweight to Overweight with a price target of $280.00 (from $240.00).
Analyst Grace Chen says here positive outlook is upon a re-acceleration in... More
February 14, 2018 7:36 AM EST
Wells Fargo raised its price target on Baidu (NASDAQ: BIDU) to $300.00 (from $290.00) while maintaining an Outperform rating.
Analyst Ken Sena commented, "Baidu delivered a strong top and bottom line with the companys 1Q18 revenue guide coming in ahead of expectations. We are... More
February 13, 2018 4:33 PM EST
Baidu.com (NASDAQ: BIDU) reported Q4 EPS of $2.29, $0.19 better than the analyst estimate of $2.10. Revenue for the quarter came in at $3.62 billion versus the consensus estimate of $3.64 billion.
Financial Guidance
For the first quarter of 2018, Baidu expects net revenues to be between RMB19.86 billion ($3.05 billion)... More
