Can BIDU maintain its EPS momentum into 2025?

**Baidu's EPS momentum into 2025 is likely to be maintained**, considering the following points:

1. **Strong EPS Growth**: Baidu's EPS grew by 103.69% in the most recent quarter, reaching $0.24. This significant increase indicates a strong earnings trend that could continue into the next year.

|code|Ticker|Name|Date|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|
|BIDU|BIDU.O|Baidu|2024 Q1|-11.098394417557667|185|
|BIDU|BIDU.O|Baidu|2024 Q2|5.982298462011569|185|
|BIDU|BIDU.O|Baidu|2024 Q3|23.11901819184686|185|
|BIDU|BIDU.O|Baidu|2024 Q4|103.69112802943086|185|

2. **AI and Cloud Growth**: The company's AI Cloud Group revenue grew by 12% year-over-year, fueled by generative AI and foundation models. This growth in AI and cloud services is a key driver for Baidu's financial performance and is expected to continue, which should support EPS growth.
3. **Positive Market Sentiment**: Recent investor sentiment towards Chinese tech stocks, including Baidu, has been positive due to the artificial intelligence expansion and the shift in investor sentiment from U.S. to Chinese tech stocks. This positive sentiment could translate into continued strong earnings and EPS growth.
4. **Upcoming Product Launches**: Baidu has significant events scheduled, such as the launch of an upgraded version of its AI assistant, ERNIE, which is expected to further boost its AI capabilities. These product launches could lead to increased revenue and profitability, supporting EPS growth.
5. **Financial Resilience**: Despite a slight decrease in total revenue year-over-year, Baidu's Q4 performance exceeded analyst expectations, demonstrating resilience amid challenging market conditions. This resilience is a positive indicator for future EPS growth.

In conclusion, Baidu's strong EPS growth, driven by AI and cloud advancements, positive market sentiment, upcoming product launches, and financial resilience position the company well for maintaining its EPS momentum into 2025.