Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Baidu, Inc.

BIDUNASDAQ
Wall Street Score · overall investment28/100
$78.65USD$-0.85 (-1.07%)
Company website www.baidu.com
HeadquartersBaidu Campus, Beijing, BE, 100085, CN
Financial statement currencyCNY · converted to USD at 0.148879
Communication Services · Internet Content & Information
Price updated todayFinancials updated Oct 1, 2026

BIDU · Price history

Price at last available close

$78.65

−$8.06 (-9.30%) 1M

2026-10-29

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Company & revenue

About Baidu, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Baidu, Inc. is a prominent Chinese technology company that offers various internet-based services, primarily focusing on digital marketing and cloud computing, all delivered through its extensive online platform within the People's Republic of China. The company's operations are segmented into two main divisions: Baidu Core and iQIYI. The Baidu Core segment encompasses a wide array of services, including online marketing derived from search queries and user feeds, comprehensive cloud solutions, and innovative products and services developed from its artificial intelligence initiatives.

How they make money

Baidu generates revenue primarily through online marketing services, where advertisers pay for placement based on cost-per-click or other performance metrics. Additionally, the company earns revenue through its AI cloud services, subscription-based content services via iQIYI, and smart device sales, leveraging its search engine and AI technology ecosystem.

Products & services

Baidu provides internet search, AI-powered cloud computing, autonomous driving technology, online video streaming through iQIYI, and various mobile applications including the Baidu App and ERNIE AI assistant.

Brands & revenue mix

Baidu

Core search and AI brand.

Separate brand revenue is not available in this research.Source

iQIYI

Video streaming platform.

Separate brand revenue is not available in this research.Source

ERNIE

AI assistant and large language model brand.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

Online Marketing ServicesCNY 67.84B52.5%

Period ended 2025-12-31Source

Other Revenue OtherCNY 61.24B47.5%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Customer concentration

The company does not have any single customer that accounts for more than 10% of its total net revenues for the fiscal year ended December 31, 2025.

Suppliers, materials & equipment

  • Data center and server hardware providers — The company relies on various third-party vendors for server hardware, networking equipment, and data center infrastructure to support its cloud and AI operations.Source

Competitors

  • Tencent — Competes in online advertising, cloud services, and digital content distribution.Source
  • Alibaba — Competes in cloud computing, online marketing, and digital media.Source
  • ByteDance — Competes significantly in the online advertising and short-form video content markets.Source

Strengths

  • Leading AI technology and search foundation in ChinaSource
  • Extensive mobile ecosystem and user baseSource

Risks

  • Regulatory and legal risks in the Chinese internet sectorSource
  • Dependence on contractual arrangements with VIEsSource
  • Intense competition in the AI and advertising marketsSource

Financial risk observations and what to check

These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.

Quarterly EPS fell 71.7% versus the same quarter last year.

Review net income and weighted-average shares together. Per-share earnings can change because of operating performance, nonrecurring items or the share denominator.

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

28

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

33

Poor

Financial Strength

43

Business Quality / Moat

34

Management

8

Growth Quality

27

Risk / Durability

60

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

26

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

36/100

Building Historical Record

Model Score 36/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Recent buyback activity is present
What to watch
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak

Company-specific research

Questions worth answering for BIDU

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •What is driving BIDU's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
  • •How long can BIDU fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •Is BIDU's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What specifically needs to improve for BIDU to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify BIDU's current valuation?
Business analysis: 17 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

28

0–100 · Poor

Opportunity Score

26

0–100 · Poor

Market Cap

$26.78B

P/E Ratio

-42.4

EPS

$-2.05

52-Week High

$165.30

52-Week Low

$85.83

Beta

0.57

Analyst Target

$108.00

Shares Outstanding

343.0M

Total Revenue

$18.94B

Total Debt

$16.81B

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$128.13

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
25/ 100
+10 pts / 5d

Strong downward momentum

5D +0.9% · 20D -8.1% · RSI 26 · Price vs 20D avg -3.7%
Volatility
17/ 100
+1 pts / 5d

Low movement

20D realized vol 24.9% · 60D 39.6% · Acceleration 0.63x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for BIDU

Detected from reported data — verify before acting.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on BIDU.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Leading AI technology and search foundation in China.
  • +Extensive mobile ecosystem and user base.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Internet Content & Information industry.
  • −Regulatory and legal risks in the Chinese internet sector.
  • −Dependence on contractual arrangements with VIEs.
  • −Intense competition in the AI and advertising markets.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak28/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

28

Tap for breakdown →

Fair

54

Debt Cost2.9%
Debt Reduction YoY-22.4%
Debt / Equity0.36x

Tap for breakdown →

Poor

6

Revenue YoY-1.4%
Revenue CAGR-2.1%
Net Margin-2.9%

Tap for breakdown →

Fair

63

Asset Growth YoY5.0%
Liquidation/Share$128.13
Net Assets/MCap1.80x

Tap for breakdown →

Poor

15

Earnings Yield-1.9%
Buyback Yield2.3%
Debt Cost2.9%

Tap for breakdown →

Poor

8

ROIC2.3%
ROE-1.4%
ROA-0.8%

Tap for breakdown →

Poor

34

EPS Growth-34.4%
FCF/Share Growth—
Rev/Share Growth3.1%

Tap for breakdown →

Poor

0

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

Poor

30

Revenue6
Moat34
Valuation0

Tap for breakdown →

Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

Fair

50

Interest Coverage3.7x
ROIC2.3%
FCF Yield-8.3%

Tap for breakdown →

Poor

37

Financial50
Valuation0
Debt54

Tap for breakdown →

Fair

60

Survival Years7.0 yrs
Current Ratio1.76x
FCF Margin-12.7%

Tap for breakdown →

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Score Changes

5 historical score records available

Previous Score

27

Sep 9, 2026

Change

+0.1

points

Current Score

28

Oct 1, 2026

Category Changes

Revenue+0.4
Debt0
Assets0
Capital+1.0
Management0
Moat0
Valuation0
Buffett0

BIDU increased 0.1 points because overall fundamentals improved.

Projected Score

Projected Score

23

Projected Change

-4.8 points

Preliminary comparable-period financial changes suggest decline of approximately 4.8 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Valuation unavailable

Current Price

$78.65

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$5.5B$11.0B$16.5B$22.0B

Additional Metrics

Operating Cash Flow

201520172019202120232025-$2.0B$0$2.0B$4.0B$6.0B

Total Debt

201520172019202120232025$0$4.0B$8.0B$12.0B$16.0B

Total Assets

201520172019202120232025$0$20.0B$40.0B$60.0B$80.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$18.94B$19.22B$19.82B$20.04B····························
Cost of Revenue$11.20B$10.78B$9.84B$9.68B····························
Gross Profit$7.74B$8.43B$9.98B$10.36B····························
Research & Development$2.94B$3.04B$3.30B$3.60B····························
SG&A Expenses$3.49B$3.85B$3.52B$3.50B····························
Operating Expenses$6.43B$6.89B$6.81B$7.10B····························
EBITDA$1.62B$3.54B$6.86B$6.45B····························
Operating Income$1.31B$1.54B$3.17B$3.25B····························
Interest Expense$375.8M$414.5M$420.4M$483.6M····························
Income Before Tax-$506.3M$999.9M$4.26B$3.75B····························
Income Tax Expense$108.1M$187.4M$662.1M$543.3M····························
Net Income-$549.7M$832.1M$3.54B$3.02B····························
Basic EPS$-2.05$1.75$9.90$8.31····························
Basic Shares340M343M349M351M····························
Diluted Shares344M343M350M355M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Nov 17, 2026
Estimated EPS: $1.22Estimated revenue: $4.58B
Jun 30, 2026Q2FY2026

Revenue

$4.65B

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$0.86

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+23.0%

Cash Change

-17.5%

Margin Change

-15.0 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Weakened

  • Margins contracted
  • Cash position declined
  • Debt increased

Potential Score Impact

Pressure indicators included revenue growth, EPS growth, cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 4.5%. EPS declined 71.7%. Cash declined 17.5%. Total debt increased 23.0%. Net income margin declined by 15.0 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 121 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

5 historical records
Jul 23, 26Aug 12, 26Sep 2, 26Sep 9, 26Oct 1, 260255075100

Historical Score Chart

3 of 5 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 2 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Debt Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Revenue Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Asset Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Capital Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Management Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Moat Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Valuation Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Buffett Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

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News

Rumor Mill · BIDU

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

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Highest Wall Street Score stocksHow Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

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