Baidu Price Target Raised To $140 As Stock (BIDU) Drops
Baidu Inc. (NASDAQ:BIDU), the Chinese internet search giant is navigating the complexities of an artificial intelligence-driven transformation while grappling with near-term revenue headwinds.
Citi analyst Alicia Yap reaffirmed a Buy rating on Baidu, raising the firm’s price target from $138 to $140. Yap’s bullish stance comes with a caveat: the ongoing shift in search queries towards AI-powered solutions is expected to negatively impact Baidu’s Q2 2025 revenue.
However, the analyst believes that the current valuation presents an attractive entry point for investors willing to weather the storm.
Baidu’s stock closed yesterday down 7.48%, as the $89 level once again failed to hold.
The key question on investors’ minds is whether…
