BofA Reiterates Buy on Baidu (BIDU), Lowers PT

From Yahoo Finance: 2025-05-24 03:34:00

Bank of America Securities analyst Miranda Zhuang reiterated a Buy rating on Baidu Inc. (NASDAQ:BIDU) but lowered the price target to $100 from $104 due to lower profit estimates for the ad business. The company’s robotaxi division has achieved fully autonomous operations in Mainland China. Baidu is focusing on international markets for growth.

Baidu Inc. (NASDAQ:BIDU) is a Chinese technology company known for internet services and AI. Despite revenue growth pressure in its advertising business, the company’s AI dominance is expected to drive growth through search business innovation. Baidu’s strong financial position and cheaper valuation support an optimistic outlook.

While Baidu (BIDU) shows promise, some AI stocks may offer higher returns with limited downside risk. For a potentially more promising AI investment with 100x upside potential, check out a report on the cheapest AI stock. Baidu’s diversification into autonomous driving and consumer electronics contributes to its growth potential.



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