Re: Baidu (BIDU)
Posted:
Tue Dec 04, 2018 9:11 pm
by winston
vested
Chinese Stocks Due for a Big Rebound: Baidu (BIDU)
The Fundamentals: Chinese internet search giant Baidu (NASDAQ:BIDU) is, for all intents and purposes, the Google (NASDAQ:GOOG) of China. This positioning guarantees Baidu healthy long-term growth potential so long as internet usage and digital advertising in China accelerate higher, two things, which seem certain at this point in time.
Moreover, Baidu has high-growth potential through its cloud, IoT and AI businesses, the sum of which are still in the early stages of potentially explosive growth trajectories.
The Valuation: BIDU stock is pretty cheap at under 20X forward earnings for what was 27% revenue growth last quarter. /
Falling margins are behind the low valuation. But, this is a near-term phenomena. Huge losses at iQiyi (NASDAQ:IQ) and big investments into the app ecosystem are dragging on margins. Eventually, those margin headwinds will fade out. Once they do, today’s valuation will seem anemic.
The Technicals: Much like other Chinese stocks, BIDU has been on a big downtrend for the past several months. But, this stock has shown strong support multiple times around the $180 level.
Today, the stock is comfortably above that level, implying that a bottom has been put in and that this stock is ready to start heading higher again.
Source: Investor Place
Re: Baidu (BIDU)
Posted:
Wed Jan 09, 2019 7:21 am
by winston
vested
China’s national AI champion Baidu to test driverless delivery vans in US with Udelv for WalmartNasdaq-listed Baidu announced the deal with California-based autonomous delivery van maker Udelv on sidelines of the 2019 CES tech fair
Deal highlights global nature of many emerging technologies as US and China remain locked in trade talks
Founded in 2016, Udelv has completed over 1,200 deliveries on public roads in the San Francisco Bay Area and has signed trial service deals with Houston-based auto repair chain XL Parts and Walmart.
Udelv, backed by Japan’s Marubeni Corporation, expects to deploy up to 100 vans this year for merchant customers, according to a statement from the start-up.
Source: SCMP
https://www.scmp.com/tech/big-tech/arti ... ry-vans-us
Re: Baidu (BIDU)
Posted:
Sat Jan 19, 2019 6:56 am
by winston
vested
Baidu seeks to play catch up in mobile app race with bet on world's most-watched TV showBaidu will be exclusive ‘red packet’ partner of state broadcaster CCTV’s Spring Festival Gala
The Gala drew more than one billion viewers last year
The Baidu App has lagged behind Tencent’s WeChat with its 1 billion daily active users, and Alibaba Group’s ecosystem of mobile apps led by Taobao and Tmall.
The number of people who use Baidu App daily reached a high of 161 million in August and averaged 151 million in September 2018, increasing 19 per cent from a year earlier.
Source: SCMP
https://www.scmp.com/tech/big-tech/arti ... ed-tv-show
Re: Baidu (BIDU)
Posted:
Wed Feb 06, 2019 2:13 pm
by winston
Baidu stock price target cut to $210 from $230 at Oppenheimer
HK - Economic Data & News 04 (Jan 17 - Dec 19)
Posted:
Wed Feb 06, 2019 2:32 pm
by winston
vested
Baidu: Earnings To Remain StrongFeb. 3, 2019
SummaryEven accounting for slower earnings growth, Baidu's earnings multiple of 13 looks dirt cheap.
Gross margins, although dropping, remain over 50%.
Rising costs and R&D still come in under 70% of gross profit.
Remaining long the stock.
The company already holds 41.2 billion of debt on its balance sheet.
Over the past four quarters, Baidu has paid out 1.7 billion in interest payments on its debt. Operating income over the same time frame came in at just over 19 billion.
Source: Seeking Alpha
https://seekingalpha.com/article/423773 ... ngcom_feed
Re: Baidu (BIDU)
Posted:
Wed Feb 06, 2019 2:40 pm
by winston
vested
Baidu: Get iQIYI And Ctrip For FreeJan. 31, 2019
by Aimo Pieterse
SummaryThe value of the highly profitable Baidu search engine alone significantly exceeds the current market value of $59 billion.
The 58% stake in Iqiyi is worth $9 billion and the value of the 19% Ctrip.com stake is $3.4 billion.
Baidu has more than $13 billion of excess capital on the Balance Sheet.
Baidu is becoming an artificial intelligence company with many new initiatives, including self driving cars, which can become new earnings generators in the future.
Baidu has a 70% market share of the Chinese Internet search market and Google's "Dragonfly" project to reenter the Chinese market is postponed.
Source: Seeking Alpha
https://seekingalpha.com/article/423721 ... ngcom_feed
Re: Baidu (BIDU)
Posted:
Sun Feb 10, 2019 9:12 pm
by winston
vested
Can Solid Product Portfolio Aid Baidu's (BIDU) Q4 Earnings?In the last reported quarter, Baidu delivered a positive earnings surprise of 7.78%. Earnings of $2.77 per share declined 12.9% sequentially. However, revenues increased 27% year over year to RMB 28.2 billion ($4.11 billion).
For the fourth quarter of 2018, Baidu expects revenues between RMB 25.48 billion ($3.71 billion) and RMB 26.72 billion ($3.89 billion), representing a year-over-year increase of 15-20%, excluding revenues from announced divestures.
The corresponding Zacks Consensus Estimate for the quarter to be reported is pegged at $3.88 billion.
Source: Zacks Equity Research
https://finance.yahoo.com/news/goodyear ... 08779.html