Roundhill Launches Robotaxi ETF Targeting $11.7 Billion Market by 2030
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 14 2026
0mins
Source: Benzinga
- Market Size Forecast: Goldman Sachs estimates that the robotaxi market could reach $7.3 billion in North America and $11.7 billion in China by 2030, indicating significant growth potential for the industry over the next decade.
- Surge in Ridership: Alphabet's Waymo reported a tripling of ridership to 15 million in 2025, with projections to hit 20 million by year-end, showcasing the accelerating commercialization of autonomous taxis.
- ETF Investment Strategy: Roundhill's CABZ ETF targets global companies tied to autonomous mobility, including Tesla, Uber, and Baidu, aiming to capture growth across the entire value chain rather than betting on a single winner.
- Technology Supply Chain Integration: The CABZ ETF also includes companies like Aeva and Hesai that provide critical LiDAR systems, reflecting Roundhill's comprehensive approach to the autonomous vehicle technology ecosystem, enhancing diversification for investors.
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Analyst Views on BIDU
Wall Street analysts forecast BIDU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BIDU is 160.67 USD with a low forecast of 100.00 USD and a high forecast of 215.00 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.
13 Analyst Rating
11 Buy
2 Hold
0 Sell
Strong Buy
Current: 157.670
Low
100.00
Averages
160.67
High
215.00
Current: 157.670
Low
100.00
Averages
160.67
High
215.00
About BIDU
Baidu Inc is a Chinese language Internet search provider. The Company operates its businesses through two segments, Baidu Core segment and iQIYI segment. Baidu Core segment mainly provides search-based, feed-based, and other online marketing services, as well as products and services from the Company’s new artificial intelligence (AI) initiatives, such as display advertisement and based on performance criteria other than cost-per-click, cloud services, smart devices and services, non-marketing consumer-facing services such as membership, and intelligent driving. iQIYI segment produces, aggregates and distributes a wide variety of professionally produced content, as well as a broad spectrum of other video content, in a variety of formats, including a variety of products and services encompassing online video, online games, online literature, comics and others.
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.
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