Baidu (BIDU) Reports In-Line Q1 EPS
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Baidu (BIDU) PT Lowered to $165 at UBS
May 17, 2024 5:59 AM EDTUBS analyst Wei Xiong lowered the price target on Baidu (NASDAQ: BIDU) to $165.00 (from $170.00) while maintaining a Buy rating.
The analyst comments "1) Core business: Core ads +2.7% YoY in 1Q amid weak macro despite the benefit from incremental AI-powered ads that enhances conversion. Baidu is incorporating AI into search for certain verticals for... More
Jefferies Reiterates Buy Rating on Baidu (BIDU)
May 16, 2024 4:20 PM EDTJefferies analyst Thomas Chong reiterated a Buy rating and $179.00 price target on Baidu (NASDAQ: BIDU).
The analyst comments "Baidu reported 1Q results. During conference call, management highlights about the progress of generative AI in search and rapid rise in no of API... More
CFRA Reiterates Hold Rating on Baidu (BIDU)
May 16, 2024 3:15 PM EDTCFRA analyst Angelo Zino reiterated a Hold rating and $120.00 price target on Baidu (NASDAQ: BIDU).
The analyst comments "We maintain our 12-month target at USD120, using a P/E of 9.7x our '25 EPS view, near China-based peers. We increase... More
Baidu (BIDU) US-listed shares climb as Q1 revenue tops expectations
May 16, 2024 5:59 AM EDTBaidu US-listed shares (NASDAQ: BIDU) rose 2% in premarket trading Thursday after the Chinese internet giant reported better-than-expected Q1 revenue, while earnings matched analyst estimates.
Baidus Hong Kong-listed stock fell 0.7%.
The company posted Q1 earnings per share (EPS) of RMB16.10, matching consensus... More
