why Baidu Inc ADR [BIDU] is a Good Choice for Investors After New Price Target of $108.84

Baidu Inc ADR [NASDAQ: BIDU] plunged by -$4.53 during the normal trading session on while it closed the day at $86.70.

Baidu Inc ADR stock has also loss -1.28% of its value over the past 7 days. However, BIDU stock has declined by -2.18% in the 3 months of the year. Over the past six months meanwhile, it has lost -3.69% and gained 2.83% year-on date.

The market cap for BIDU stock reached $24.27 billion, with 279.90 million shares outstanding and 279.90 million shares in the current float. Compared to the average trading volume of 5.55M shares, BIDU reached a trading volume of 5221810 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Baidu Inc ADR [BIDU]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BIDU shares is $108.84 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BIDU stock is a recommendation set at 1.85. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Nomura have made an estimate for Baidu Inc ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 19, 2025. The new note on the price target was released on February 18, 2025, representing the official price target for Baidu Inc ADR stock. On November 25, 2024, analysts decreased their price target for BIDU shares from 105 to 85.

The Average True Range (ATR) for Baidu Inc ADR is set at 3.13, with the Price to Sales ratio for BIDU stock in the period of the last 12 months amounting to 1.31. The Price to Book ratio for the last quarter was 0.67, with the Price to Cash per share for the same quarter was set at 68.10.

BIDU stock trade performance evaluation

Baidu Inc ADR [BIDU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.28. With this latest performance, BIDU shares gained by 8.70% in over the last four-week period, additionally sinking by -3.69% over the last 6 months – not to mention a drop of -23.55% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BIDU stock in for the last two-week period is set at 46.91, with the RSI for the last a single of trading hit 44.86, and the three-weeks RSI is set at 47.64 for Baidu Inc ADR [BIDU]. The present Moving Average for the last 50 days of trading for this stock 89.72, while it was recorded at 89.21 for the last single week of trading, and 89.14 for the last 200 days.

Baidu Inc ADR [BIDU]: An insightful look at the core fundamentals

Baidu Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.97 and a Current Ratio set at 2.09.

Earnings per share (EPS) analysis for Baidu Inc ADR [BIDU] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BIDU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Baidu Inc ADR go to 4.96%.

Baidu Inc ADR [BIDU]: Institutional Ownership

The top three institutional holders of BIDU stocks are: PRIMECAP MANAGEMENT CO/CA/ with ownership of 11.95 million shares, which is approximately 0.4267%. JPMORGAN CHASE & CO, holding 0.99 million shares of the stock with an approximate value of $$85.49 million in BIDU stocks shares; and JPMORGAN CHASE & CO, currently with $$508.78 million in BIDU stock with ownership which is approximately 0.2101%.