Baidu Inc. (BIDU) Increases Despite Market Slip: Here's What You Need to Know

Group 1 - Baidu Inc. closed at $97.48, marking a +0.92% move from the prior day, outperforming the S&P 500 which lost 0.01% [1] - Over the past month, Baidu's shares gained 19.65%, significantly outpacing the Computer and Technology sector's gain of 3.65% and the S&P 500's gain of 4.88% [1] Group 2 - Baidu is scheduled to release its earnings report on February 18, 2025, with an expected EPS of$ 1.78, indicating a 42.21% decline compared to the same quarter last year [2] - The consensus estimate anticipates revenue of $4.56 billion, reflecting a 7.31% decrease from the same quarter last year [2] Group 3 - Recent changes to analyst estimates for Baidu reflect short-term business trends, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which includes estimate changes, has a track record of success, with 1 stocks delivering an average annual return of +25% since 1988 [4][5] Group 4 - Baidu currently has a Zacks Rank of 4 (Sell), with the Zacks Consensus EPS estimate shifting 1.74% downward over the past month [5] - Baidu is trading with a Forward P/E ratio of 10.47, which is a discount compared to the industry's average Forward P/E of 24.04 [6] Group 5 - The Internet - Services industry, which includes Baidu, has a Zacks Industry Rank of 82, placing it in the top 33% of all industries [7] - The Zacks Industry Rank assesses the strength of industry groups, showing that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]