Baidu Price Target Lowered as AI Monetization Uncertainty Weighs

From Yahoo Finance: 2025-05-24 04:21:00

Benchmark analyst Fawne Jiang lowered Baidu’s price target to $120 from $130 while maintaining a Buy rating after the company exceeded Q1 2025 earnings expectations. Baidu’s AI Cloud grew 42% YoY, accounting for 26% of core revenue, but its AI search technology is only partially monetized, leading to a revised 2025 core advertising revenue estimate of an 8% decline.

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