Baidu (BIDU) Stock Forecast & Price Target

$84.73 +1.22 (+1.46%)

(As of 12:51 PM 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

Hold

Based on 16 Analyst Ratings

Sell
0

Hold
10

Buy
6

Based on 16 Wall Street analysts who have issued ratings for Baidu in the last 12 months, the stock has a consensus rating of "Hold." Out of the 16 analysts, 10 have given a hold rating, and 6 have given a buy rating for BIDU.

Consensus Price Target

$114.92
35.63% Upside

According to the 16 analysts' twelve-month price targets for Baidu, the average price target is $114.92. The highest price target for BIDU is $155.00, while the lowest price target for BIDU is $85.00. The average price target represents a forecasted upside of 35.63% from the current price of $84.73.

Get the Latest News and Ratings for BIDU and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Baidu and its competitors.

BIDU Analyst Ratings Over Time

Type	Current Forecast 11/28/23 to 11/27/24	1 Month Ago 10/29/23 to 10/28/24	3 Months Ago 8/30/23 to 8/29/24	1 Year Ago 11/28/22 to 11/28/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	11 Buy rating(s)	13 Buy rating(s)	17 Buy rating(s)
Hold	10 Hold rating(s)	6 Hold rating(s)	3 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	$114.92	$128.36	$137.13	$177.33
Forecasted Upside	35.63% Upside	37.83% Upside	63.60% Upside	48.23% Upside
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Buy

Free Download: Expert Trader Shares His #1 Chart Pattern For 2025 (Ad)

t’s widely known that 80% of daily market action is driven by Wall Street algorithms… Now, most people think of the algorithms are “bad” When in reality, they are neither good nor bad… They are simply programmed to buy and sell certain stocks at certain levels… But here is the thing… These algorithms are very predictable…

So, to claim your free digital copy today, simply follow this link and enter your email address.

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	2.40	2.67	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	37.61% Upside	281.22% Upside	6.73% 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
11/27/2024	JPMorgan Chase & Co. 3 of 5 stars		Downgrade	Overweight ➝ Neutral
11/25/2024	China Renaissance 0 of 5 stars		Downgrade	Buy ➝ Hold	$86.00	+7.06%
11/25/2024	Susquehanna 2 of 5 stars	S. Patil Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Positive ➝ Neutral	$105.00 ➝ $85.00	+5.81%
11/22/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$135.00 ➝ $130.00	+62.40%
11/22/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Shao Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight
11/12/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$130.00 ➝ $115.00	+30.27%
Get the Latest News and Ratings for BIDU and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Baidu and its competitors with MarketBeat's FREE daily newsletter.
10/3/2024	Dbs Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Tam Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
9/24/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	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%
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	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%
7/15/2024	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%
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 Wednesday at 01:29 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, November 25, 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, Inc. has received multiple "buy" ratings from analysts, indicating strong confidence in its growth potential. Eleven analysts have assigned a buy rating, suggesting that many believe the stock is undervalued and poised for appreciation.
The stock is currently trading at approximately $84.06, which may present a buying opportunity for investors looking for value in a company with a solid market capitalization of $29.47 billion.
Recent institutional investments, such as L & S Advisors Inc. acquiring a stake valued at $1.68 million, reflect growing confidence among institutional investors, which can be a positive signal for retail investors.
Baidu, Inc. has shown significant growth in institutional holdings, with Allspring Global Investments Holdings LLC increasing its stake by 630.9% recently, indicating strong institutional interest and potential for future growth.
Analysts have set an average price target of $127.29, which is significantly higher than the current trading price, suggesting potential upside for investors who buy now.

Baidu
Bear Case

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

Recent price target reductions by several brokerages, including Barclays and Bank of America, indicate a cautious outlook on the stock's near-term performance, which could lead to further price declines.
The stock has experienced volatility, with recent trading showing a decline of 0.5% in one session, which may concern investors about its stability in the current market environment.
Despite the positive ratings, there are still eight analysts who have rated the stock as a hold, suggesting that there is uncertainty about its future performance and potential risks involved.
The company's price-to-earnings ratio of 11.01, while not excessively high, may indicate that the stock is not as undervalued as it appears, especially if earnings growth does not meet expectations.
Concerns about regulatory pressures and competition in the tech sector could impact Baidu, Inc.'s growth trajectory, making it a riskier investment in the current climate.

BIDU Forecast - Frequently Asked Questions

: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Baidu is $114.92, with a high forecast of $155.00 and a low forecast of $85.00.
: 16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Baidu in the last year. There are currently 10 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BIDU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BIDU, but not buy additional shares or sell existing shares.
: According to analysts, Baidu's stock has a predicted upside of 35.63% based on their 12-month stock forecasts.
: Over the previous 90 days, Baidu's stock had 7 downgrades by analysts.
: Baidu has been rated by research analysts at Barclays, Benchmark, China Renaissance, Dbs Bank, Hsbc Global Res, HSBC, JPMorgan Chase & Co., Mizuho, and Susquehanna in the past 90 days.
: Analysts like Baidu less than other "computer and technology" companies. The consensus rating for Baidu is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how BIDU compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

Free Download: Expert Trader Shares His #1 Chart Pattern For 2025 (Ad)

So, to claim your free digital copy today, simply follow this link and enter your email address.

This page (NASDAQ:BIDU) was last updated on 11/27/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Baidu (BIDU) Stock Forecast & Price Target