Baidu Q4 revenue likely to top consensus, says Maxim Maxim believes Baidu's Q4 revenue will likely beat consensus while its earnings may be higher than expected when the company reports on February 26. The firm says consolidating 91 Wireless in Q4 may bring $40M-$45M in incremental revenue to Baidu with $10M-$15M of incremental net income. Maxim reiterates a Buy rating on the stock.
Baidu calls active amid renewed takeover speculation Baidu February weekly 210 and 212 calls are active on total call volume of 7K (1K puts) amid renewed takeover speculation. February weekly call option implied volatility is at 29, March is at 26, April is at 27; compared to its 26-week average of 33 according to Track Data. Active call volume suggests traders taking positions for large near term price movement.