BAIDU’S Q4 2024 Earnings drop today Review Q3
BAIDU’S Q3 2024 PERFORMANCE—AI GROWTH VS. AD WOES
(1/9)
Good morning, Tradingview Fam! Baidu’s latest financials are 📈🔍. Q3 2024 revenue hit ¥33.6B (4.7B USD), but the story’s in the details: AI’s soaring, ads are slipping. Let’s dive into BIDU’s numbers and outlook! 🚀
(2/9) – REVENUE & EARNINGS SNAPSHOT
• Total Revenue: ¥33.6B (4.7B USD)
• Baidu Core: ¥26.5B (3.7B USD), +4% YoY 💥
• Cloud Revenue: Strong growth (exact figures vary) ☁️
• Q3 EPS: ¥19.2 ($2.67 USD), missed ¥19.62 est.
• Non-GAAP Net Income: ¥7.6B (~1.06B USD)
Next up: Feb 18 earnings, est. $1.78 EPS, 4.56B revenue (-7.4% YoY).
(3/9) – BIG MOVES IN AI & AUTONOMOUS TECH
• Baidu World 2024: Unveiled iRAG & Miaoda AI tools 🤖
• ERNIE API: 1.5B daily calls, up 30x YoY 📈
• Lidar Deal: $200-300M with Hesai for Yichi 06 robotaxis 🚗
AI and autonomy are stealing the show—growth engines revving up!
(4/9) – SECTOR SHOWDOWN
• Market Cap: 31.36B (Feb 2025) 🌍
• Trailing P/E: 10.56x, Forward P/E: 10.5x—cheap vs. Alphabet or Tencent 📊
• Lags GOOG in search/ad scale but leads Chinese peers (JD, PDD) in AI diversification
At 3x EV/EBITDA, is BIDU undervalued? X posts think so!
(5/9) – RISKS ON THE RADAR
• Ad revenue: Squeezed by Tencent, ByteDance competition 📉
• AI costs: Big R&D spend, profits TBD 🤔
• China regs: Unpredictable hurdles loom 🏛️
• Economy: Slowdown could hit ad & cloud growth
• U.S.-China tension: Weighs on sentiment ⚠️
(6/9) – SWOT: STRENGTHS
• King of China’s search market, mobile ecosystem thriving 🔍
• ERNIE Bot: 430M users, 770k enterprise apps 🌟
• Apollo Go: Leading autonomous driving, 162.6B robotaxi market by 2025 🚦
Baidu’s got serious firepower!
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES
• Weaknesses: Ad margins shrinking, AI not yet cashing in 💸
• Opportunities: AI cloud expansion, robotaxi scale-up, China stimulus upside 🌍
Can Baidu turn its tech bets into gold? Time will tell!
(8/9) – What’s BIDU’s 2025 vibe?
1️⃣ Bullish—AI and autonomy will drive a breakout.
2️⃣ Neutral—Growth potential, but risks balance it out.
3️⃣ Bearish—Ads and regs will drag it down.
Vote below! 🗳️👇
(9/9) – FINAL TAKEAWAY
Baidu’s Q3 shows a tale of two trends: AI and autonomy surging, ads under pressure 🌍. With a low valuation and big tech bets, BIDU’s at a crossroads. Will innovation outpace the risks? Earnings drop today—stay tuned for the next chapter! 💪
(1/9)
Good morning, Tradingview Fam! Baidu’s latest financials are 📈🔍. Q3 2024 revenue hit ¥33.6B (4.7B USD), but the story’s in the details: AI’s soaring, ads are slipping. Let’s dive into BIDU’s numbers and outlook! 🚀
(2/9) – REVENUE & EARNINGS SNAPSHOT
• Total Revenue: ¥33.6B (4.7B USD)
• Baidu Core: ¥26.5B (3.7B USD), +4% YoY 💥
• Cloud Revenue: Strong growth (exact figures vary) ☁️
• Q3 EPS: ¥19.2 ($2.67 USD), missed ¥19.62 est.
• Non-GAAP Net Income: ¥7.6B (~1.06B USD)
Next up: Feb 18 earnings, est. $1.78 EPS, 4.56B revenue (-7.4% YoY).
(3/9) – BIG MOVES IN AI & AUTONOMOUS TECH
• Baidu World 2024: Unveiled iRAG & Miaoda AI tools 🤖
• ERNIE API: 1.5B daily calls, up 30x YoY 📈
• Lidar Deal: $200-300M with Hesai for Yichi 06 robotaxis 🚗
AI and autonomy are stealing the show—growth engines revving up!
(4/9) – SECTOR SHOWDOWN
• Market Cap: 31.36B (Feb 2025) 🌍
• Trailing P/E: 10.56x, Forward P/E: 10.5x—cheap vs. Alphabet or Tencent 📊
• Lags GOOG in search/ad scale but leads Chinese peers (JD, PDD) in AI diversification
At 3x EV/EBITDA, is BIDU undervalued? X posts think so!
(5/9) – RISKS ON THE RADAR
• Ad revenue: Squeezed by Tencent, ByteDance competition 📉
• AI costs: Big R&D spend, profits TBD 🤔
• China regs: Unpredictable hurdles loom 🏛️
• Economy: Slowdown could hit ad & cloud growth
• U.S.-China tension: Weighs on sentiment ⚠️
(6/9) – SWOT: STRENGTHS
• King of China’s search market, mobile ecosystem thriving 🔍
• ERNIE Bot: 430M users, 770k enterprise apps 🌟
• Apollo Go: Leading autonomous driving, 162.6B robotaxi market by 2025 🚦
Baidu’s got serious firepower!
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES
• Weaknesses: Ad margins shrinking, AI not yet cashing in 💸
• Opportunities: AI cloud expansion, robotaxi scale-up, China stimulus upside 🌍
Can Baidu turn its tech bets into gold? Time will tell!
(8/9) – What’s BIDU’s 2025 vibe?
1️⃣ Bullish—AI and autonomy will drive a breakout.
2️⃣ Neutral—Growth potential, but risks balance it out.
3️⃣ Bearish—Ads and regs will drag it down.
Vote below! 🗳️👇
(9/9) – FINAL TAKEAWAY
Baidu’s Q3 shows a tale of two trends: AI and autonomy surging, ads under pressure 🌍. With a low valuation and big tech bets, BIDU’s at a crossroads. Will innovation outpace the risks? Earnings drop today—stay tuned for the next chapter! 💪
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⚡️ Request a trial or subscribe to our premium🛠️tools at ➡️DCAlpha.net
All scripts & content provided by DCAChampion are for informational & educational purposes only.
All scripts & content provided by DCAChampion are for informational & educational purposes only.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.