Baidu Announces Fourth Quarter and Fiscal Year 2020 Results

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Baidu (BIDU) PT Raised to $355 at Oppenheimer

February 18, 2021 9:01 AM EST

Oppenheimer analyst Jason Helfstein raised the price target on Baidu (NASDAQ: BIDU) to $355.00 (from $305.00) while maintaining an Outperform rating.

The analyst commented, "We are raising our price target to $355 (was $305) and maintaining our Outperform rating after BIDU reported better 4Q20 results, with 1Q guidance... More

Baidu (BIDU) Tops Q4 EPS by 47c

February 17, 2021 4:32 PM EST

Baidu (NASDAQ: BIDU) reported Q4 EPS of $3.08, $0.47 better than the analyst estimate of $2.61. Revenue for the quarter came in at $4.64 billion versus the consensus estimate of $4.65 billion.

GUIDANCE:

Baidu sees Q1 2021 revenue of $4-4.4 billion, versus the consensus of... More