Baidu closed December 2, 2025 at $118.99, down 0.60% after trading between $116.90 and $119.50. The stock has rallied 44.8% year-to-date and 39.2% over the past year, fueled by recent AI advancements and cloud service partnerships that shifted market sentiment positively. After-hours trading on December 3 shows $119.29 (+0.25%), indicating modest consolidation. Valuation analysis suggests the stock is approximately 20.7% overvalued based on DCF analysis, though PE ratio of 34.6x appears reasonably valued against the Fair Ratio of 32.8x.