Baidu, Inc. $BIDU Holdings Boosted by Corecam Pte. Ltd.

Key Points

• Corecam Pte. Ltd. increased its Baidu stake by 69% in the third quarter, owning 67,614 shares worth approximately $5.9 million. Several other institutional investors also added to their positions.
• Baidu shares opened at $77.20, near their one-year low of $76.73 and well below the 200-day moving average of $108.63. Analysts have mixed views, with a consensus “Hold” rating and an average price target of $144.27.
• Robotaxi expansion and AI monetization offer potential upside, but investors face uncertainty around commercialization, weakening legacy advertising, and securities-fraud allegations related to the company’s AI business.

Corecam Pte. Ltd. boosted its holdings in Baidu, Inc. (NASDAQ:BIDU - Free Report) by 69.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 67,614 shares of the information services provider's stock after purchasing an additional 27,606 shares during the quarter. Baidu comprises approximately 2.4% of Corecam Pte. Ltd.'s investment portfolio, making the stock its 15th largest holding. Corecam Pte. Ltd.'s holdings in Baidu were worth $5,874,000 at the end of the most recent quarter.

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

Baidu Stock Performance

Shares of BIDU stock opened at $77.20 on Friday. The firm has a 50-day moving average of $89.16 and a 200-day moving average of $108.63. The company has a market cap of $26.27 billion, a P/E ratio of -36.59, a P/E/G ratio of 3.41 and a beta of 0.59. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.33 and a quick ratio of 2.33. Baidu, Inc. has a one year low of $76.73 and a one year high of $165.30.

Baidu News Summary

Here are the key news stories impacting Baidu this week:

• Positive Sentiment: Robotaxi expansion offers a new growth opportunity. Baidu is testing autonomous taxis on London streets and is advancing plans with Lyft for a robotaxi service. International deployment could broaden Baidu’s Apollo Go business and provide a meaningful long-term catalyst, although commercialization and regulatory timelines remain uncertain. China's Baidu tests robotaxi on London streets
• Positive Sentiment: JPMorgan maintains an “overweight” rating. The bank lowered its price target from $175 to $145, but the revised target still implies substantial upside from Baidu’s current trading level. The target reduction signals more cautious expectations, while the continued overweight rating suggests JPMorgan believes the selloff may be excessive. JPMorgan Baidu rating
• Neutral Sentiment: Valuation-focused investors see potential value. A recent analysis describes Baidu as an inexpensive leading Chinese search and AI company, citing its sizable search market share. However, the investment case depends on whether AI monetization can offset weakness in legacy search advertising. The Google of China Suddenly Looks Like a Great Deal
• Negative Sentiment: Several law firms are promoting a securities-fraud class action. The claims concern alleged misleading statements between November 18, 2025 and August 17, 2026, including allegations that Baidu overstated the strength of its AI business. One report says AI revenue growth later weakened sequentially, raising questions about execution and disclosure. The November 13, 2026 lead-plaintiff deadline keeps the issue in focus and could increase reputational, legal, and financial risks, although the allegations have not been proven. SueWallSt Baidu lawsuit deadline

Analyst Upgrades and Downgrades

BIDU has been the subject of a number of analyst reports. Weiss Ratings reiterated a "sell (d)" rating on shares of Baidu in a research note on Thursday, August 13th. Bank of America decreased their price objective on Baidu from $180.00 to $165.00 and set a "buy" rating for the company in a report on Tuesday, July 14th. Susquehanna lowered their price objective on Baidu from $140.00 to $105.00 and set a "neutral" rating for the company in a research note on Friday, August 28th. Morgan Stanley lowered Baidu from an "equal weight" rating to an "underweight" rating and dropped their target price for the company from $130.00 to $80.00 in a report on Wednesday, August 19th. Finally, Barclays set a $80.00 target price on Baidu in a report on Friday. Twelve analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $144.27.

Baidu Company Profile

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.

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