UBS reiterated coverage on Baidu with a new price target
$BIDU
Computer Software: Programming Data Processing
Technology
UBS reiterated coverage of Baidu with a rating of Buy and set a new price target of $180.00 from $185.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 6/20/2023 | $160.00 → $190.00 | Equal-Weight → Overweight | Morgan Stanley |
SC 13D/A - Baidu, Inc. (0001329099) (Filed by)
SC 13G/A - Baidu, Inc. (0001329099) (Subject)
SC 13D/A - Baidu, Inc. (0001329099) (Filed by)
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
Jefferies reiterated coverage of Baidu with a rating of Buy and set a new price target of $174.00 from $179.00 previously
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
6-K - Baidu, Inc. (0001329099) (Filer)
6-K - Baidu, Inc. (0001329099) (Filer)
6-K - Baidu, Inc. (0001329099) (Filer)
DeepL, a prominent artificial intelligence translation startup from Germany, introduced traditional Chinese as a new language option. This move aims to enhance its footprint in Asia. What Happened: The Cologne-based company, valued at $2 billion, primarily targets businesses with its translation software. Traditional Chinese is widely used in Taiwan and Hong Kong, both significant hubs for technology and finance, which influenced DeepL’s decision to launch in these markets, reported CNBC on Tuesday. CEO Jaroslaw Kutylowski highlighted Taiwan and Hong Kong as “strong technological markets” and emphasized Taiwan’s role as a major exporter, particularly in the semiconductor industry.
Apple Inc (NASDAQ:AAPL) COO Jeff Williams and Micron Technology Inc (NASDAQ:MU) President Sanjay Mehrotra recently visited Beijing to meet with senior Chinese officials as the U.S. considers stricter tech curbs against China. On Monday, the executives joined a U.S. business delegation meeting with Vice-Premier He Lifeng and Foreign Minister Wang Yi. He Lifeng urged American companies to “participate aggressively in China’s further reform and modernization process,” Bloomberg reports. During a separate meeting, Wang Yi discussed the outcomes of the Chinese Communist Party’s Third Plenum, highlighting the country’s economic direction. He also expressed a desire for members of the U
BYD Company (OTC:BYDDY) has reportedly recruited former Baidu Inc (NASDAQ:BIDU) executive to advance its development of driver assistance technology. Zhou Peng will now lead BYD’s efforts in creating end-to-end large model planning and control algorithms, CnEVPost reported, citing local media. Zhou Peng brings extensive experience from Baidu’s smart driving and fusion business unit, as well as from leading the smart driving system at Baidu-backed EV maker Jiyue. His expertise is expected to be crucial in building the technical framework and leading the team to develop high-quality, data-driven end-to-end algorithms. BYD aims to enhance its self-driving technology through two appr
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
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
NEW YORK, Nov. 19, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ:SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce its inclusion in the NASDAQ Golden Dragon China Index, marking an important milestone in the Company's growth journey. The NASDAQ Golden Dragon China Index is a benchmark for tracking Chinese companies listed on U.S. exchanges, offering investors a window into the dynamic growth opportunities within China's economy, particularly in sectors like digital services, technology, new consumer markets, and clean energy. This prestigious index includes leading Chinese companies like Alibaba (NYSE:BABA), JD.com (
- 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