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Yahoo
20-05-2025
- Business
- Yahoo
Baidu Q1 Earnings Preview: What to Expect From Upcoming Report
May 20 - The Chinese tech giant Baidu (NASDAQ:BIDU) is set to unveil its first-quarter 2025 results on Wednesday before the markets open. Analysts expect net income to fall about 31% year-on-year to $1.99 per share and revenue to slip roughly 2% to $4.29 billion. Year-to-date, BIDU stock has climbed about 8%. Warning! GuruFocus has detected 3 Warning Signs with BIDU. Macquarie's Ellie Jiang trimmed her price target to $83 from $85 and kept a Hold rating, saying AI monetization may take time amid stiff competition and a soft macro backdrop. She forecasts AI Cloud revenue will grow around 25% to RMB 5.9 billion, partially offsetting ad-business weakness. Citi's Alicia Yap reiterated a Buy rating with a $139 target, highlighting Baidu's recent AI product launchesErnie 4.5 Turbo and Ernie X1 Turbo, and their cost-efficiency gains. Options traders are bracing for a roughly 6% share move in either direction following the report, based on at-the-money straddle prices. Based on the one year price targets offered by 31 analysts, the average target price for Baidu Inc is $113.43 with a high estimate of $207.96 and a low estimate of $75.98. The average target implies a upside of +27.10% from the current price of $89.25. Based on GuruFocus estimates, the estimated GF Value for Baidu Inc in one year is $119.92, suggesting a upside of +34.36% from the current price of $89.25. For deeper insights, visit the Baidu Forecast page. This article first appeared on GuruFocus.
Yahoo
20-05-2025
- Business
- Yahoo
Baidu Q1 Earnings Preview: What to Expect From Upcoming Report
May 20 - The Chinese tech giant Baidu (NASDAQ:BIDU) is set to unveil its first-quarter 2025 results on Wednesday before the markets open. Analysts expect net income to fall about 31% year-on-year to $1.99 per share and revenue to slip roughly 2% to $4.29 billion. Year-to-date, BIDU stock has climbed about 8%. Warning! GuruFocus has detected 3 Warning Signs with BIDU. Macquarie's Ellie Jiang trimmed her price target to $83 from $85 and kept a Hold rating, saying AI monetization may take time amid stiff competition and a soft macro backdrop. She forecasts AI Cloud revenue will grow around 25% to RMB 5.9 billion, partially offsetting ad-business weakness. Citi's Alicia Yap reiterated a Buy rating with a $139 target, highlighting Baidu's recent AI product launchesErnie 4.5 Turbo and Ernie X1 Turbo, and their cost-efficiency gains. Options traders are bracing for a roughly 6% share move in either direction following the report, based on at-the-money straddle prices. Based on the one year price targets offered by 31 analysts, the average target price for Baidu Inc is $113.43 with a high estimate of $207.96 and a low estimate of $75.98. The average target implies a upside of +27.10% from the current price of $89.25. Based on GuruFocus estimates, the estimated GF Value for Baidu Inc in one year is $119.92, suggesting a upside of +34.36% from the current price of $89.25. For deeper insights, visit the Baidu Forecast page. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-04-2025
- Business
- Yahoo
China's Baidu upgrades Ernie AI models and slashes prices
(Bloomberg) — Baidu Inc. (BIDU) unveiled upgrades to its flagship AI models and slashed their prices as it looks to take on rivals like Alibaba Group Holding Ltd. (BABA) and DeepSeek in China's increasingly competitive artificial intelligence market. Trump Gives New York 'One Last Chance' to End Congestion Fee Why Car YouTuber Matt Farah Is Fighting for Walkable Cities Backyard Micro-Flats Aim to Ease South Africa's Housing Crisis The Racial Wealth Gap Is Not Just About Money To Fuel Affordable Housing, This Innovation Fund Targets Predevelopment Costs The Chinese search engine leader rolled out Ernie 4.5 Turbo and Ernie X1 Turbo, the latest versions of its flagship foundation and reasoning models that it said are faster and cheaper than previous iterations. Billionaire founder Robin Li told a developer conference in Wuhan that the price of the 4.5 Turbo is 80% lower than its previous version, while the X1 Turbo - Baidu's answer to DeepSeek — cut its price by half. Baidu shares rose more than 5% in Hong Kong on Friday. 'All these releases are meant to allow developers to focus on building applications without worrying about model capabilities, model costs, or development tools and platforms,' Li said. The company also launched a slew of products including an AI agent platform known as Xinxiang, which it said can automate everyday tasks, bringing competition to Chinese service Manus AI. Baidu also added new servers that it said will allow developers to connect their AI models to the company's search-engine and e-commerce data. The company has produced 30,000 AI chips that it's now using, Li said, without elaborating. The Beijing-based company was the first in China's trillion-dollar tech sector to launch a chatbot modeled after OpenAI's ChatGPT, but rival chatbots from ByteDance Ltd. and Moonshot AI soon took over in popularity. Open-sourced models like Alibaba's Qwen and DeepSeek have gained greater recognition within the global developer community. As More Women Lift Weights, Gyms Might Never Be the Same Why US Men Think College Isn't Worth It Anymore Eight Charts Show Men Are Falling Behind, From Classrooms to Careers India's 110% Car Tariffs Become Harder to Defend in Trump Era The Mastermind of the Yellowstone Universe Isn't Done Yet ©2025 Bloomberg L.P. By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy Sign in to access your portfolio
