Baidu Announces First Quarter 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Baidu (BIDU) PT Lowered to $370 at Benchmark
May 19, 2021 7:32 AM EDTBenchmark analyst Fawne Jiang lowered the price target on Baidu (NASDAQ: BIDU) to $370.00 (from $385.00) while maintaining a Buy rating.
The analyst commented, "BIDU reported solid 1Q21 results, beating the consensus on the top and bottom line. The Company also provided 2Q21 revenue guidance... More
Baidu (BIDU) Tops Q1 EPS by 23c, Revenues Beat; Offers 2Q Revenues Outlook
May 18, 2021 6:00 AM EDTBaidu (NASDAQ: BIDU) reported Q1 EPS of $1.89, $0.23 better than the analyst estimate of $1.66. Revenue for the quarter came in at $4.29 billion versus the consensus estimate of $4.22 billion.
"We are delighted to bring innovation across many sectors, including marketing cloud, enterprise cloud, smart transportation, autonomous driving, smart assistant and AI chip, through our... More
