Baidu (BIDU) Tops Q1 EPS by 470c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/30/2026
- Wall St set for higher open as soft inflation data eases rate-hike fears
- Equity positioning stays overweight, but summer extremes have eased: Barclays
- Oil gains as stalled US-Iran talks trump supply recovery
- Moderna: Citi says oncology optimism is priced in, cuts rating to sell
- Anthropic prospectus shows $2T IPO ambition, warns of AI 'existential risk'
- Salesforce agrees to acquire AI research platform Listen Labs
- Workday cuts 2.5% of workforce, revises GAAP margin outlook
- S&P 500 flat as higher bond yields counter tech optimism
- HPE raises networking revenue outlook, secures $1.2B Vultr order
- Mattel names Roger Lynch as chairman and CEO, replacing Ynon Kreiz
US Tiger Securities: 'Baidu (BIDU) delivered a solid 1Q25 print, with strong execution in AI Cloud and autonomous driving offsetting weakness in online marketing'
May 21, 2025 2:38 PM EDTUS Tiger Securities analyst Bo Pei lowered the price target on Baidu (NASDAQ: BIDU) to $110.00 (from $118.00) while maintaining a Buy rating.
The analyst comments "We are maintaining our BUY rating but decreasing PT to $110 (was $118) after BIDU reported robust 1Q results but implied near term challenges for its search business due to continued AI transition. Baidu Core ad revenue declined 6% y/y, vs. -7% in 4Q, primarily due to headwinds in traditional search monetization as the company accelerates the AI-driven overhaul of its core search experience. While AI-generated content now appears in... More
