BIDU - Baidu, Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$143.00
DETAILS
HIGH:
$158.00
LOW:
$124.00
MEDIAN:
$145.00
CONSENSUS:
$143.00
UPSIDE:
36.29%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
40% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
15.0x
5.32$
Key Value Driver
Normalized P/E multiple (15x base case)
Implied Market Multiple
19.7x
Plain-Language Summary
Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $143.00 from 53 analysts, using a 35% weight on analyst consensus. That produces an estimated intrinsic value of $101.97 per share.
Warnings
The company's reported profits differ from official accounting profits by 206%. Check what costs are being left out of the adjusted number.
Wall Street's average price target is $143.00 (from 53 analysts). Our estimate is 44% below the consensus -- consider that gap carefully.
Financial statements were converted from CNY into USD using USDCNY at 0.1479 USD per CNY.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples