Baidu downgraded by HSBC Securities with a new price target
$BIDU
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HSBC Securities downgraded Baidu from Buy to Hold and set a new price target of $100.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/19/2025 | Buy → Neutral | Nomura | |
| 2/18/2025 | Buy → Outperform | Daiwa Securities | |
| 11/27/2024 | Overweight → Neutral | Analyst | |
| 11/25/2024 | $86.00 | Buy → Hold | China Renaissance |
| 11/25/2024 | $105.00 → $85.00 | Positive → Neutral | Susquehanna |
| 11/22/2024 | Overweight → Equal Weight | Barclays | |
| 9/24/2024 | $100.00 | Buy → Hold | HSBC Securities |
| 8/23/2024 | $130.00 → $97.00 | Outperform → Mkt Perform | Bernstein |
During the initial period, Apollo Go and Autogo will collaborate to deploy dozens of autonomous vehicles in Abu Dhabi, with phased expansion planned ahead of full commercial operations by 2026.This marks Apollo Go's further expansion into the UAE, applying its proven autonomous driving technology and operational experience from China.Apollo Go and Autogo will collaborate to scale commercial operations and expect to build Abu Dhabi's largest driverless fleet.BEIJING, March 28, 2025 /PRNewswire/ -- Baidu (NASDAQ:BIDU) announced today (March 29, 2025, Beijing Time) that its autonomous ride-hailing service, Apollo Go, has entered into a strategic partnership with Autogo, a UAE-based autonomous m
The first 100 Apollo Go autonomous vehicles to be deployed in Dubai by the end of 2025, with no less than 1,000 to be deployed over the next three yearsThis marks a major milestone in Apollo Go's international expansion, after it was granted the very first autonomous vehicle pilot license in Hong KongBEIJING, March 28, 2025 /PRNewswire/ -- Baidu Inc. (NASDAQ:BIDU) today announced that its autonomous ride-hailing platform, Apollo Go, has signed a strategic cooperation agreement with the Roads and Transport Authority (RTA) of Dubai to launch autonomous driving testing and services in the city. This marks Apollo Go's first international fleet deployment outside of mainland China and Hong Kong,
BEIJING, March 28, 2025 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong internet foundation, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission on March 28, 2025 (the "Form 20-F"). The Form 20-F can be accessed on the Company's investor relations website at http://ir.baidu.com. The Company will provide a hard copy of the Form 20-F containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to IR Dep
SC 13D/A - Baidu, Inc. (0001329099) (Filed by)
SC 13G/A - Baidu, Inc. (0001329099) (Subject)
SC 13D/A - Baidu, Inc. (0001329099) (Filed by)
Nomura downgraded Baidu from Buy to Neutral
Daiwa Securities downgraded Baidu from Buy to Outperform
Analyst downgraded Baidu from Overweight to Neutral
6-K - Baidu, Inc. (0001329099) (Filer)
20-F - Baidu, Inc. (0001329099) (Filer)
6-K - Baidu, Inc. (0001329099) (Filer)
USA News Group News Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, May 2, 2024 /PRNewswire/ -- USA News Group News Commentary – According to the International Monetary Fund (IMF), the integration of artificial intelligence (AI) will affect almost 40% of jobs around the world. While still early in the AI revolution, experts are stepping forward to help businesses across a wide variety of industries to embrace it. Analysts at Statista are projecting the Global AI Market will surpass $1.75 trillion by 2030. Now CIOs across multiple sectors are eager to scale their companies' AI despite current difficulty demonstrating ROI, according to a new survey. Helping to get companies swiftl
SHENZHEN, China, April 17, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ:BIDU) ("Baidu" or the "Company"), a leading AI company with strong internet foundation, yesterday announced the launch of the second ERNIE Cup Innovation Challenge. Following the success of the inaugural competition, this year's challenge is open to entrepreneurial teams focused on AI-native applications from around the world, offering the chance to receive up to RMB 50 million in funds and resources. This year's ERNIE Cup, unveiled at the Create 2024 Baidu AI Developer Conference by Baidu Co-founder, Chairman, and CEO Robin Li, substantially enhances support for entrepreneurs, including more strategic investments, business
BEIJING, Nov 1, 2021 /PRNewswire/ -- Baidu, Inc. (NASDAQ:BIDU) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced the appointment of Rong Luo as chief financial officer, effective immediately. "Rong has extensive experience in financial management and capital markets," said Robin Li, Baidu's co-founder and CEO. "We are delighted to welcome Rong to our management team and expect his skills and leadership capabilities to help us achieve our next stage of growth in the AI era." "I am very excited to join Baidu. I look forward to working with the executive team to drive the future growth for Baidu," said Mr. Luo. Rong Luo joins Baidu from TAL Educat
BEIJING, Feb. 25, 2025 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu"), a leading AI company with strong Internet foundation, today announced that Baidu entered into agreements with JOYY Inc and acquired the video-based entertainment live streaming business in mainland China (known as YY Live) previously owned by JOYY. Baidu paid an aggregate purchase price of approximately US$2.1 billion. As part of the transaction, the sum of approximately US$1.6 billion that Baidu previously deposited into escrow accounts in accordance with a share purchase agreement (which subsequently ceased to be in force) has been fully released to Baidu. Baidu
BEIJING, Feb. 18, 2025 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong Internet foundation, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2024. "2024 marked a pivotal year in our ongoing transformation from an internet-centric to an AI-first business. AI Cloud gained momentum, fueled by broad market recognition of our full stack AI capabilities. In Mobile Ecosystem, we have been steadfast in advancing the AI transformation, making search more AI-native to deliver a better user experience. Apollo Go, after years of investment, val
BEIJING, Jan. 17, 2025 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced that it will report its financial results for the Fourth Quarter and Fiscal Year 2024 ended December 31, 2024, before the U.S. market opens on February 18, 2025. Baidu's management will hold an earnings conference call at 7:30 AM on February 18, 2025, U.S. Eastern Time (8:30 PM on February 18, 2025, Beijing Time). Please register in advance of the conference call using the link provided below. It will automatically direct you to the registration page of "Baidu Inc. Q4 2024 Earning