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Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 202...


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During the last three months, 4 analysts shared their evaluations of Baidu (NASDAQ:BIDU), revealing diverse outlooks from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1 0 0 0 Last 30D 1 0 0 0 0 1M Ago 2 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 1 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $158.5, a high estimate of $180.00, and a low estimate of $133.00. Observing a downward trend, the current average is 7.58% lower than the prior average price target of $171.50. Diving into Analyst Ratings: An In-Depth Exploration The standing of Baidu among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Fawne Jiang Benchmark Lowers Buy $180.00 $210.00 Charlene Liu HSBC Lowers Buy $145.00 $157.00 Alicia Yap Citigroup Lowers Buy $176.00 $181.00 Jiong Shao Barclays Lowers Overweight $133.00 $138.00 Key Insights: Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related ...Full story available on Benzinga.com

Related tickers: BIDU.

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These stocks are riskier options than Nvidia, but they also have the potential to generate better returns.

Related tickers: SOUN, BIDU, PATH.

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