Baidu (BIDU) Stock Forecast & Price Target

$84.06 -0.40 (-0.47%)

(As of 11/14/2024 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 17 Analyst Ratings

Sell
0

Hold
6

Buy
11

Based on 17 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 17 analysts, 6 have given a hold rating, and 11 have given a buy rating for BIDU.

Consensus Price Target

$127.29
51.43% Upside

According to the 17 analysts' twelve-month price targets for Baidu, the average price target is $127.29. The highest price target for BIDU is $174.00, while the lowest price target for BIDU is $97.00. The average price target represents a forecasted upside of 51.43% from the current price of $84.06.

BIDU Analyst Ratings Over Time

Type	Current Forecast 11/16/23 to 11/15/24	1 Month Ago 10/17/23 to 10/16/24	3 Months Ago 8/18/23 to 8/17/24	1 Year Ago 11/16/22 to 11/16/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	11 Buy rating(s)	12 Buy rating(s)	14 Buy rating(s)	14 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	2 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$127.29	$132.13	$144.07	$183.81
Forecasted Upside	51.43% Upside	38.69% Upside	61.94% Upside	68.19% 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	2.65	2.67	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	51.43% Upside	563.77% Upside	8.87% Upside
News Sentiment Rating	Neutral 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
11/12/2024	Mizuho 2 of 5 stars		Lower Target	Outperform ➝ Outperform	$130.00 ➝ $115.00	+30.27%
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 Subscribe to MarketBeat All Access for the recommendation accuracy rating		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%
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8/23/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$125.00 ➝ $115.00	+35.20%
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%
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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 04:44 AM 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 Tuesday, October 29, 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 stock price has shown resilience, currently trading at a reasonable level compared to its 52-week high.
Baidu's market cap of $33.25 billion indicates the company's significant size and presence in the market.
Recent institutional trading activities, such as Primecap Management Co. CA increasing its holdings by 17.2%, suggest confidence from major investors.
Baidu's diversified segments, Baidu Core and iQIYI, provide exposure to different areas of the internet services industry.
The company's low debt-to-equity ratio of 0.19 signifies a healthy financial structure.

Baidu
Bear Case

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

Analyst downgrades, such as Sanford C. Bernstein lowering the rating from "outperform" to "market perform," may indicate potential challenges ahead.
Multiple price target reductions by research firms like Barclays and Susquehanna could signal concerns about future growth prospects.
The beta of 0.48 suggests Baidu's stock is less volatile compared to the market, potentially limiting short-term trading opportunities.
While the company has a moderate consensus rating of "Moderate Buy," the recent trend of hold ratings from analysts may imply uncertainty in the stock's performance.
Despite the company's size, the price-to-earnings ratio of 12.69 may indicate that the stock is not undervalued compared to industry peers.

BIDU Forecast - Frequently Asked Questions

: According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Baidu is $127.29, with a high forecast of $174.00 and a low forecast of $97.00.
: 17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Baidu in the last twelve months. There are currently 6 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BIDU shares.
: According to analysts, Baidu's stock has a predicted upside of 51.43% 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, Dbs Bank, Hsbc Global Res, HSBC, Jefferies Financial Group, Loop Capital, Mizuho, Sanford C. Bernstein, and Susquehanna in the past 90 days.
: Analysts like Baidu less than other "computer and technology" companies. The consensus rating score for Baidu is 2.65 while the average consensus rating score for "computer and technology" companies is 2.67. Learn more on how BIDU compares to other companies.

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This page (NASDAQ:BIDU) was last updated on 11/15/2024 by MarketBeat.com Staff

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Baidu (BIDU) Stock Forecast & Price Target