Headquartered in Baidu Campus, Beijing Fiscal year ends December NASDAQ: BIDU ir.baidu.com
Baidu is a Chinese AI company with a strong Internet foundation, operating one of China's largest search engines and a broad portfolio of AI-powered businesses. The company operates through two reportable segments: Baidu General Business and iQIYI (an online entertainment subsidiary). Baidu General Business encompasses AI Cloud Infra (GPU Cloud and cloud computing services), AI Applications (including DuMate productivity agent, Baidu Wenku, and Baidu Drive), AI-native Marketing Services, Apollo Go (autonomous ride-hailing operating across 28 cities globally), and legacy online marketing services. The company's AI Cloud Infra business provides public cloud-based AI computing infrastructure. Apollo Go is one of the world's largest autonomous ride-hailing platforms, with over 350 million autonomous kilometers accumulated. iQIYI is a major online entertainment service offering original content, streaming video, and membership services. Baidu trades on NASDAQ under 'BIDU' and on HKEX under '9888', with one ADS representing eight Class A ordinary shares. The company is in the process of converting to a dual-primary listing in Hong Kong. Updated
Baidu just marked a fresh 52-week low at $79.78, 0.45% under the low it set three sessions earlier. The stock is now roughly half its January peak above $162, with market cap down to $21.9 billion.
Baidu just set a new 52-week low at $83.92, six days after the last one. The stock traded above $160 as recently as January.
Baidu just set a new 52-week low at $88.08, 0.53% under the low it made only eight days earlier. Lows stacking this close together mean sellers still haven't found a floor, and a securities class action announcement hit the wires the same day.
Baidu just carved out a new 52-week low at $90.59, 0.31% under the floor it set on August 18. That is a $25 billion market cap for a company that traded above $156 in January.
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Baidu is a Chinese AI company with a strong Internet foundation, operating one of China's largest search engines and a broad portfolio of AI-powered businesses. The company operates through two reportable segments: Baidu General Business and iQIYI (an online entertainment subsidiary).
24/7 Wall St.'s 12-month price target for BIDU is $127.66, rated Buy. The Wall Street consensus target is $139.50. BIDU price prediction →
