Baidu Stock: The Rally Can Continue (NASDAQ:BIDU)

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zorazhuang

Thesis

Baidu (NASDAQ:BIDU) reported wonderful Q3 2022 outcomes, beating analyst estimates as regards to each income and earnings. Moreover, with the tailwind of an enhancing COVID state of affairs in China, administration additionally gave an upbeat outlook for This autumn and going into 2023.

Bidu vs SPY YTD

Seeking Alpha

Baidu Q3 2022 Results

Baidu Q3 2022 Results

eanrings revision Bidu

Seeking Alpha

BIDU valuation update

Author’s EPS Estimates; Author’s Calculation

Bidu valuation sensitivity table

Author’s EPS Estimates; Author’s Calculation



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