Baidu (BIDU) Stock Forecast & Price Target

$110.46

+1.23 (+1.13%)

(As of 10/4/2024 ET)

Baidu - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 18 Analyst Ratings

Sell
0

Hold
6

Buy
12

Based on 18 Wall Street analysts who have issued ratings for Baidu in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 6 have given a hold rating, and 12 have given a buy rating for BIDU.

Consensus Price Target

$132.13
19.62% Upside

According to the 18 analysts' twelve-month price targets for Baidu, the average price target is $132.13. The highest price target for BIDU is $185.00, while the lowest price target for BIDU is $97.00. The average price target represents a forecasted upside of 19.62% from the current price of $110.46.

BIDU Analyst Ratings Over Time

Type	Current Forecast 10/6/23 to 10/5/24	1 Month Ago 9/6/23 to 9/5/24	3 Months Ago 7/8/23 to 7/7/24	1 Year Ago 10/6/22 to 10/6/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	12 Buy rating(s)	13 Buy rating(s)	14 Buy rating(s)	14 Buy rating(s)
Hold	6 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$132.13	$135.13	$156.64	$187.56
Forecasted Upside	19.62% Upside	63.18% Upside	76.06% Upside	39.18% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy

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BIDU Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BIDU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Baidu Stock vs. The Competition

Type	Baidu	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.71	2.66	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	19.62% Upside	1,691.72% Upside	7.02% Upside
News Sentiment Rating	Positive News See Recent BIDU News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/3/2024	Dbs Bank 0 of 5 stars	T. Tam Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
9/24/2024	Hsbc Global Res 0 of 5 stars	C. Liu Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
9/24/2024	HSBC 2 of 5 stars		Downgrade	Buy ➝ Hold	$100.00	+13.28%
9/5/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$135.00 ➝ $105.00	+25.72%
8/26/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$120.00 ➝ $115.00	+34.19%
8/23/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$125.00 ➝ $115.00	+35.20%
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8/23/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$128.00 ➝ $117.00	+36.38%
8/23/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Van Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$130.00 ➝ $97.00	+13.07%
8/22/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$174.00 ➝ $139.00	+62.02%
7/31/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$180.00 ➝ $135.00	+51.99%
7/15/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$170.00 ➝ $155.00	+63.12%
5/17/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Jiang Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
5/17/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight	$140.00 ➝ $125.00	+11.02%
5/10/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$140.00 ➝ $130.00	+17.25%
11/22/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$181.00 ➝ $174.00	+48.03%
11/22/2023	Nomura Instinet Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$145.00	+27.84%
10/19/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$200.00 ➝ $185.00	+71.44%
7/27/2023	OTR Global Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Positive
4/21/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$185.00 ➝ $180.00	+41.24%
4/3/2023	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$200.00 ➝ $215.00	+43.74%
12/14/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$195.00 ➝ $150.00	+25.50%
10/24/2022	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:00 PM ET.

Should I Buy Baidu Stock? BIDU Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 30, 2024. Please send any questions or comments about these Baidu pros and cons to contact@marketbeat.com.

Baidu
Bull Case

Here are some ways that investors could benefit from investing in Baidu, Inc.:

Baidu's current stock price is relatively low compared to its 52-week high, presenting a potential buying opportunity for investors.
Baidu's market cap of $33.25 billion indicates the company's size and stability in the market.
Recent institutional trading activities show increased stakes by notable hedge funds, suggesting confidence in Baidu's future performance.
Baidu's diversified segments, including Baidu Core and iQIYI, provide exposure to different areas of the tech industry, spreading risk for investors.
The company's price-to-earnings ratio of 12.69 may indicate a potentially undervalued stock, offering growth potential for investors.

Baidu
Bear Case

Investors should be bearish about investing in Baidu, Inc. for these reasons:

Analyst downgrades and reduced price targets from various research firms may signal concerns about Baidu's future performance.
The company's debt-to-equity ratio of 0.19 could indicate a moderate level of financial leverage, which may pose risks during economic downturns.
Fluctuations in Baidu's stock price, as seen in its 52-week range, may lead to volatility and uncertainty for investors.
Competitive pressures in the Chinese internet search market could impact Baidu's market share and profitability in the long term.
Regulatory challenges in China's tech industry may introduce uncertainties and potential hurdles for Baidu's growth trajectory.

BIDU Forecast - Frequently Asked Questions

: According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Baidu is $132.13, with a high forecast of $185.00 and a low forecast of $97.00.
: 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baidu in the last twelve months. There are currently 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BIDU shares.
: According to analysts, Baidu's stock has a predicted upside of 19.62% based on their 12-month stock forecasts.
: Over the previous 90 days, Baidu's stock had 4 downgrades by analysts.
: Baidu has been rated by research analysts at Bank of America, Barclays, Benchmark, Citigroup, Dbs Bank, Hsbc Global Res, HSBC, Jefferies Financial Group, Loop Capital, Sanford C. Bernstein, and Susquehanna in the past 90 days.
: Analysts like Baidu more than other "computer and technology" companies. The consensus rating score for Baidu is 2.67 while the average consensus rating score for "computer and technology" companies is 2.66. Learn more on how BIDU compares to other companies.

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This page (NASDAQ:BIDU) was last updated on 10/5/2024 by MarketBeat.com Staff

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Baidu (BIDU) Stock Forecast & Price Target