Added to YB: 2024-11-15
Pitch date: 2024-11-14
BIDU [bullish]
Baidu, Inc.
+48.29%
current return
Author Info
Chop Wood, Carry Water is a tech manager and investor searching for value-based investments. Sign up for the newsletter.
Company Info
Baidu, Inc. provides online marketing and non-marketing value added services through an internet platform in the People’s Republic of China.
Market Cap
$291.0B
Pitch Price
$84.30
Price Target
164.12 (+31%)
Dividend
N/A
EV/EBITDA
8.25
P/E
36.61
EV/Sales
2.20
Sector
Interactive Media and Services
Category
growth
$BIDU Quick Pitch
BIDU: AI Cloud thriving, Apollo Go expanding in Wuhan. ERNIE 4.0 Turbo for industrial AI. 703M MAU (+4% YoY). PaddlePaddle has 14.7M devs. $1.2B buyback in 2023. Risks: China regulations, competition, economic slowdown. Q2: Flat rev $4.67B, op income $818M (+8% QoQ). P/E 11x, below book value. Potential to double with AI growth.
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