Baidu downgraded by Morgan Stanley with a new price target
$BIDU
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Morgan Stanley downgraded Baidu from Overweight to Equal-Weight and set a new price target of $125.00 from $140.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 7/15/2024 | $179.00 → $174.00 | Buy | Jefferies |
| 7/15/2024 | $170.00 → $155.00 | Buy | Citigroup |
| 5/17/2024 | $140.00 → $125.00 | Overweight → Equal-Weight | Morgan Stanley |
| 1/11/2024 | $150.00 | Outperform | Macquarie |
| 11/22/2023 | $145.00 | Neutral → Buy | Nomura |
Barclays downgraded Baidu from Overweight to Equal Weight
HSBC Securities downgraded Baidu from Buy to Hold and set a new price target of $100.00
Bernstein downgraded Baidu from Outperform to Mkt Perform and set a new price target of $97.00 from $130.00 previously
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BEIJING, Nov. 21, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the third quarter ended September 30, 2024. "Baidu Core's flattish third quarter top line reflected the ongoing weakness in our online marketing business, offset by the growth of our AI Cloud business. Our strong AI capabilities are gaining broader market recognition, as evidenced by increasing adoption of ERNIE. In intelligent driving, Apollo Go continues to lead the global autonomous ride-hailing market, hitting another milestone with our
BEIJING, Oct. 28, 2024 /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 Third Quarter 2024 ended September 30, 2024, before the U.S. market opens on November 21, 2024. Baidu's management will hold an earnings conference call at 7:30 AM on November 21, 2024, U.S. Eastern Time (8:30 PM on November 21, 2024, 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. Q3 2024 Earnings Conference Cal
BEIJING, Aug. 22, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the second quarter ended June 30, 2024. "AI Cloud continued to accelerate in the second quarter, offsetting the ongoing macro headwinds for online marketing revenue and resulting in modestly positive topline growth for Baidu Core. Operationally, we fast-tracked the renovation of Baidu search, which we believe will drive long-term success despite the short-term impact on monetization. We also achieved new breakthroughs with Apollo Go, which n
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6-K - Baidu, Inc. (0001329099) (Filer)
6-K - Baidu, Inc. (0001329099) (Filer)
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- The new iRAG technology mitigates hallucinations in image generation, boosting the applicability of AI-generated images.- Miaoda is a no-code tool that enables users to build applications using simple natural language.- ERNIE now handles 1.5 billion daily API calls, marking an exceptional 30-fold growth over the previous year. SHANGHAI, Nov. 12, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888), a leading AI company with strong Internet foundation, today hosted its annual flagship technology conference Baidu World 2024 in Shanghai. At the event, the company announced a range of new AI technologies and solutions to accelerate the boom of AI applications, featu