Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Baidu, Inc. Class A (HK:9888)
:9888
Earnings Data
Report Date
May 20, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.95Last Year’s EPS
2.69Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 18, 2025
|% Change Since: -1.67%
|Next Earnings Date:May 20, 2025
Earnings Call Sentiment|Neutral
Baidu's earnings call highlighted strong growth in AI Cloud and autonomous ride-hailing services, alongside notable advancements in AI applications like ERNIE and Baidu Wenku. However, challenges persist in the online marketing and iQIYI segments, impacting overall financial performance.Company Guidance
During Baidu's fourth quarter and fiscal year 2024 earnings call, the company provided guidance highlighting a slight year-over-year increase in Baidu Core's total revenue to RMB27.7 billion. The AI Cloud business achieved robust momentum, with revenue growth accelerating by 26% year-over-year, driven by widespread recognition of Baidu's AI capabilities. The company emphasized continued investment in AI to maintain leadership in this technology trend, as illustrated by the strategic decision to open source the upcoming ERNIE 4.5 series and make ERNIE Bot free for end users. This initiative aims to increase market awareness and adoption of ERNIE's capabilities. Additionally, Baidu's efforts to transform its search product with AI have resulted in improvements in user engagement, with AI-generated content present on 22% of search result pages and daily search queries per user increasing by 2% year-over-year in December. The company also reported strong performance in its autonomous ride-hailing service, Apollo Go, which delivered approximately 1.1 million rides in Q4, marking a 36% year-over-year growth. Overall, Baidu's strategy focuses on expanding its AI Cloud services, enhancing its AI-driven search capabilities, and growing its autonomous driving operations, while maintaining disciplined resource allocation and shareholder returns.AI Cloud Business Growth
Baidu's AI Cloud business showed robust momentum with a 26% year-over-year revenue growth, driven by broad market recognition of AI capabilities.
Expansion in Autonomous Ride-Hailing
Apollo Go, Baidu's autonomous ride-hailing service, provided approximately 1.1 million rides in Q4, marking a 36% year-over-year growth. The company achieved 100% fully driverless operations nationwide.
ERNIE API Growth
ERNIE handled approximately 1.65 billion API calls daily in December, with external API calls growing 178% quarter-over-quarter, indicating strong demand for AI capabilities.
Baidu Wenku Performance
Baidu Wenku's subscription revenue grew by 21% year-over-year, with AI-enabled features reaching 94 million monthly active users, doubling quarter-over-quarter.
Strong Financial Position
As of December 31, 2024, Baidu held cash, cash equivalents, and short-term investments totaling RMB139.1 billion, demonstrating a strong financial position.
---
HK:9888 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
HK:9888 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 18, 2025 | HK$89.85 | HK$90.20 | +0.39% |
| Nov 21, 2024 | HK$84.00 | HK$83.85 | -0.18% |
| Aug 22, 2024 | HK$85.00 | HK$86.45 | +1.71% |
| May 16, 2024 | HK$109.20 | HK$108.40 | -0.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Baidu, Inc. Class A (HK:9888) report earnings?
Baidu, Inc. Class A (HK:9888) is schdueled to report earning on May 20, 2025, TBA Not Confirmed.
What is Baidu, Inc. Class A (HK:9888) earnings time?
Baidu, Inc. Class A (HK:9888) earnings time is at May 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Baidu, Inc. Class A stock?
The P/E ratio of Baidu, Inc. Class A is N/A.
What is HK:9888 EPS forecast?
HK:9888 EPS forecast for the fiscal quarter 2025 (Q1) is 1.95.
---
