Baidu Cloud Conference Announcement: Baidu held its 2025 Cloud Intelligence Conference in Beijing, unveiling upgrades to its AIHC AI Computing Platform (version 5.0) and Qianfan Enterprise-level AI Development Platform (version 4.0).
Collaboration with Gracelore: Baidu AI Cloud partnered with Gracelore to create the "Daniel Wu Digital English Coach," featuring a digital persona of actor Daniel Wu as a representative for Baidu's digital employees.
Stock Performance: BIDU-SW shares experienced a slight decline of 0.577%, with significant short selling activity amounting to $281.29 million and a ratio of 28.578%.
Analyst Rating Update: Daiwa has reduced BIDU-SW's target price to HKD92 while maintaining an outperform rating on the stock.
09888
$118.6+Infinity%1D
Analyst Views on 09888
Wall Street analysts forecast 09888 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 09888 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 09888 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 09888 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 116.600
Low
Averages
High
Current: 116.600
Low
Averages
High
BofA Securities
BofA Securities
Buy
upgrade
$100 -> $151
2025-11-20
Reason
BofA Securities
BofA Securities
Price Target
$100 -> $151
2025-11-20
upgrade
Buy
Reason
The analyst rating from BofA Securities is based on the strong business outcomes driven by BIDU-SW's AI technology development. In the third quarter of 2025, the company reported a significant increase in revenue from its new AI businesses, with overall growth exceeding 50% year-over-year, reaching around RMB10 billion. Key contributors to this growth included a 128% increase in AI high-performance computing facility subscription revenue and a 262% surge in AI-native marketing service revenue. As a result of these positive developments, BofA Securities reiterated a Buy rating and raised its target price for Baidu from USD100 to USD151 and for BIDU-SW from HKD98 to HKD148.
Daiwa
Daiwa
Buy
maintain
$158 -> $162
2025-11-20
Reason
Daiwa
Daiwa
Price Target
$158 -> $162
2025-11-20
maintain
Buy
Reason
The analyst rating from Daiwa for BIDU-SW (09888.HK) is a "Buy" due to several factors. Despite Baidu Core revenue for 3Q25 declining by 9.5% year-over-year, the company's operating profit slightly exceeded expectations, benefiting from other income and tax incentives. Additionally, the report highlights the growth in cloud services revenue and the announcement of new financial disclosures for AI-native products. Although Daiwa lowered Baidu's EPS estimates for FY2026-27 by 3-4% based on revised R&D expenditure forecasts, they still raised the target price from HKD158 to HKD162, indicating confidence in the company's future performance.
Macquarie
Macquarie
Outperform
to
Outperform
downgrade
2025-11-19
Reason
Macquarie
Macquarie
Price Target
2025-11-19
downgrade
Outperform
to
Outperform
Reason
The analyst rating for BIDU-SW (09888.HK) was kept at "Outperform" despite a reduction in the adjusted EPS forecasts for 2025 and 2026 by 19% and 10%, respectively. This decision is supported by the company's strong performance in its AI-empowered business, which saw revenue from new AI businesses increase by over 50% year-over-year to approximately RMB10 billion. The growth was primarily driven by advancements in AI cloud infrastructure, AI applications, and AI-native marketing services, indicating a positive outlook for the company's future performance in the AI sector.
BOCI
BOCI
maintain
$133 -> $137
2025-11-19
Reason
BOCI
BOCI
Price Target
$133 -> $137
2025-11-19
maintain
Reason
The analyst rating from BOCI for BIDU-SW (Baidu) is a "Buy" due to several factors highlighted in their research report. The company's 3Q25 results were in line with expectations, with total revenue decreasing by 7% year-over-year, which was slightly better than market forecasts. Notably, while advertising revenue declined by 18% YoY, non-advertising revenue increased by 21%, indicating a shift in revenue sources. Additionally, the AI-driven business revenue surged by 50% YoY, showcasing Baidu's success in AI commercialization. The adjusted operating profit margin of 7.1% also met expectations. Based on these results, BOCI raised its target price for Baidu from USD133 to USD137, reinforcing their positive outlook on the stock.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
