Technical Analysis
Fundamentals
Action
Targets into 2029
- The stock price for Baidu
BIDU recently dipped to the top channel of my selected historical simple moving average. This "regression-to-the-mean" area is an inevitable spot for the price to find support or resistance. While the lower end of the channel is around $96 and the mean is $106, it's a 50/50 call as to how this will move going forward given world tension and AI sentiment. These lower levels could absolutely be reached in the near-term. Personally, I think new longer-term highs (1-3 years) are ahead for this company based on fundamentals alone. But the elephant in the room is whether the political administration will threaten to remove Chinese companies from the US stock exchange if world tensions grow.
Fundamentals
- Fair Value: $104
- Current P/E: 76x (high, but...)
- Forward P/E: 15x (major growth ahead)
- Debt-to-Equity: 0.4 (low debt)
- Free Cash Flow Yield: 2.9% (lower end and want to see >7%)
- EPS Growth from 2026 ($8) to 2029 ($14): 75%
- Revenue Growth from 2026 ($19.3 billion) to 2029 ($23.6 billion): 22.5%
Action
- Fundamentals are good, growth is solid, and the "Chinese Google" will likely take off just like its US counterpart sometime in the future. However, there could be some near-term pain (even into the $80s) if US sentiment shifts negatively toward Chinese equities. It's a risk, but I plan to slowly build a position if the price drops into the bottom of my selected historical simple moving average or lower (especially in the last remaining price gap is closed in the $80s). Thus, at $117, BIDU is in a personal buy zone (starter position) with further entries planned if the price falls (unless delisting is announced).
Targets into 2029
- $150.00 (+28.2%)
- $190.00 (+62.4%)
עסקה פעילה
Target #1 reached resulting in a +28.2% gain.הערה
Added another position at $101.50
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
If you enjoy this idea, please follow for more: tradingview.com/u/WorthlessViews/
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.