Alert: Positive Investment/Fundamental Signals (9/27/24)-Baidu Inc (NASDAQ: BIDU)

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Baidu Inc (NASDAQ: BIDU) has recently enjoyed extremely important positive changes in investment behavior: its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.

Minimal positive changes in fundamentals have recently occurred for Baidu Inc (NASDAQ: BIDU): the consensus estimate for December, 2025 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

BIDU’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Baidu has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Baidu has a very high Appreciation Score of 89 but a poor Power Rating of 30, triggering the High Neutral Value Trend Rating.

Recent Price Action

Baidu Inc (NASDAQ: BIDU) stock enjoyed a large increase of 2.5% on 9/27/24. The stock closed at $105.17. Moreover, exceptionally high trading volume at 282% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 20.9% during the last week.

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