Baidu Inc. (BIDU) closed the most recent trading day at $87.83, moving +2.14% from the previous trading session. The stock outpaced the S&P 500's daily gain of 1.14%. Elsewhere, the Dow gained 1.1%, while the tech-heavy Nasdaq added 1.39%.
The web search company's stock has climbed by 0.14% in the past month, falling short of the Computer and Technology sector's gain of 5.15% and the S&P 500's gain of 2%.
Analysts and investors alike will be keeping a close eye on the performance of Baidu Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on August 20, 2025. The company is forecasted to report an EPS of $1.74, showcasing a 39.79% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $4.6 billion, down 1.54% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $8.66 per share and revenue of $18.63 billion, which would represent changes of -17.76% and +0.76%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Baidu Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 12.27% lower. As of now, Baidu Inc. holds a Zacks Rank of #5 (Strong Sell).
In the context of valuation, Baidu Inc. is at present trading with a Forward P/E ratio of 9.93. This expresses a discount compared to the average Forward P/E of 18.43 of its industry.
The Internet - Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 97, placing it within the top 40% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Baidu, Inc. (BIDU): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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