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Added to YB: 2024-02-27

Pitch date: 2024-02-23

BIDU [bullish]

Baidu, Inc.

+12.85%

current return

Author Info

No bio for this author

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

$110.78

Price Target

210.00 (+68%)

Dividend

N/A

EV/EBITDA

8.25

P/E

36.61

EV/Sales

2.20

Sector

Interactive Media and Services

Category

growth

Show full summary:
Baidu, Inc.: Driving Growth through GenAI Leadership (Benchmark)

BIDU $210 PT: GenAI to boost ad rev, AI Cloud growth in China despite macro. Apollo Go progress in Wuhan promising. Trades 5x fwd P/E ex-cash w/ stable margins. Risks: macro, margins, regs, competition. 13x FY24 non-GAAP EPS + net cash/share reflects growth potential.

Read full article (3 min)