BofA Securities Reiterates Buy Rating on Baidu (BIDU) following investor meetings

BofA Securities analyst Miranda Zhuang reiterated a Buy rating and $180.00 price target on Baidu (NASDAQ: BIDU)

The analyst commented, "We hosted Baidu for investor meetings in US. Mgmt. is optimistic about the fast growth of AI-powered businesses, committed to continuously executing value-unlocking efforts, and disciplined in capital allocation. For 2026, mgmt. expects AI-powered businesses to grow fast with decent margins and will work to improve lagging businesses. Strategy by business: 1) AI Cloud Infra: sustain or hopefully accelerate growth driven by GPU cloud and chip; 2) AI Applications: expand product portfolio, grow AI features’ monetization, and go overseas; 3) Robotaxi: rollout commercial operations in overseas markets, explore asset light model, and have UE breakeven in more cities in China; 4) Search: improve user metrics and develop monetization for the new AI search; 5) AI model: advance foundation model by training on a more consistent and dedicated manner. Co. has restructured its model development organization into one team focusing on model training and the other one focusing on supporting specific business needs. "

For an analyst ratings summary and ratings history on Baidu click here. For more ratings news on Baidu click here.

Shares of Baidu closed at $125.15 yesterday.

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