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Baidu (NASDAQ:BIDU) Stock Gets Price Target Cut from JPMorgan Chase & Co.

Baidu logo with Communication Services background
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Key Points

Baidu (NASDAQ:BIDU - Get Free Report) had its price target lowered by JPMorgan Chase & Co. from $175.00 to $145.00 in a report released on Friday, Benzinga reports. The firm presently has an "overweight" rating on the information services provider's stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 86.68% from the stock's current price.

Several other equities research analysts have also recently issued reports on BIDU. Morgan Stanley cut shares of Baidu from an "equal weight" rating to an "underweight" rating and lowered their target price for the stock from $130.00 to $80.00 in a research note on Wednesday, August 19th. Arete Research set a $108.00 target price on shares of Baidu and gave the company a "neutral" rating in a research report on Monday, September 7th. Susquehanna decreased their price target on shares of Baidu from $140.00 to $105.00 and set a "neutral" rating on the stock in a research note on Friday, August 28th. Benchmark lowered their price target on shares of Baidu from $215.00 to $150.00 and set a "buy" rating on the stock in a research report on Wednesday, August 19th. Finally, Barclays set a $80.00 price objective on shares of Baidu in a research note on Friday. Twelve research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $144.27.

Get Our Latest Research Report on BIDU

Baidu Price Performance

Shares of NASDAQ BIDU traded down $0.30 during trading on Friday, hitting $77.67. The company had a trading volume of 762,018 shares, compared to its average volume of 2,589,301. The firm has a market capitalization of $26.43 billion, a price-to-earnings ratio of -36.85, a price-to-earnings-growth ratio of 3.48 and a beta of 0.59. The stock has a fifty day simple moving average of $89.69 and a two-hundred day simple moving average of $108.85. The company has a quick ratio of 2.33, a current ratio of 2.33 and a debt-to-equity ratio of 0.28. Baidu has a fifty-two week low of $76.73 and a fifty-two week high of $165.30.

Institutional Trading of Baidu

A number of institutional investors and hedge funds have recently bought and sold shares of BIDU. SBI Securities Co. Ltd. raised its stake in shares of Baidu by 1.2% in the third quarter. SBI Securities Co. Ltd. now owns 12,815 shares of the information services provider's stock valued at $1,113,000 after acquiring an additional 154 shares in the last quarter. Crossmark Global Holdings Inc. boosted its holdings in Baidu by 2.3% in the third quarter. Crossmark Global Holdings Inc. now owns 17,472 shares of the information services provider's stock valued at $1,518,000 after purchasing an additional 387 shares during the period. TD Waterhouse Canada Inc. boosted its holdings in Baidu by 108.6% in the third quarter. TD Waterhouse Canada Inc. now owns 1,414 shares of the information services provider's stock valued at $121,000 after purchasing an additional 736 shares during the period. Elevated Private Wealth LLC grew its stake in Baidu by 6.1% during the 3rd quarter. Elevated Private Wealth LLC now owns 7,035 shares of the information services provider's stock worth $611,000 after purchasing an additional 402 shares in the last quarter. Finally, Ridgewood Investments LLC grew its stake in Baidu by 34.5% during the 3rd quarter. Ridgewood Investments LLC now owns 9,552 shares of the information services provider's stock worth $830,000 after purchasing an additional 2,452 shares in the last quarter.

Baidu News Summary

Here are the key news stories impacting Baidu this week:

  • Positive Sentiment: Baidu is testing its autonomous robotaxi technology on London streets, signaling an effort to expand beyond China and build international momentum for its self-driving business. China's Baidu tests robotaxi on London streets
  • Positive Sentiment: Analysts and commentary continue to highlight Baidu’s leading position in China’s search market and view the company’s depressed valuation as potentially attractive if AI, autonomous driving and cloud services can offset weakness in legacy search advertising. The Google of China Suddenly Looks Like a Great Deal
  • Neutral Sentiment: Baidu is expanding its AI and autonomous-driving businesses, but investors remain uncertain whether these newer operations can grow quickly and profitably enough to replace declining traditional revenue. Baidu Expands Its AI Business, but the Core Revenue Recovery Remains Uncertain
  • Negative Sentiment: Multiple law firms are promoting a securities-fraud class action against Baidu, alleging that the company overstated the strength of its AI-powered business as legacy search advertising weakened. The notices cite a November 13, 2026 lead-plaintiff deadline for investors who purchased securities between November 18, 2025 and August 17, 2026. The repeated announcements increase legal, financial and reputational uncertainty around BIDU. BIDU Investors Have Opportunity to Lead Baidu Securities Fraud Lawsuit

Baidu Company Profile

(Get Free Report)

Baidu, Inc NASDAQ: BIDU is a Chinese internet and artificial intelligence company founded in 2000 by Robin Li and Eric Xu. The company began as an internet search provider and has expanded into a broad technology platform serving consumers, businesses and public-sector organizations.

Baidu's consumer products include its search engine, Baidu App, Baidu Baike, Baidu Maps, Baidu Tieba and Baidu Wenku. Its business services include online advertising, cloud computing and AI Cloud offerings.

Further Reading

Analyst Recommendations for Baidu (NASDAQ:BIDU)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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