JPMorgan Chase & Co. Issues Pessimistic Forecast for Baidu (NASDAQ:BIDU) Stock Price

Baidu (NASDAQ:BIDU) had its target price cut by equities research analysts at JPMorgan Chase & Co. from $175.00 to $145.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the information services provider’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 86.68% from the stock’s current price.

A number of other equities research analysts also recently commented on BIDU. Weiss Ratings reissued a “sell (d)” rating on shares of Baidu in a research report on Thursday, August 13th. Benchmark decreased their price objective on shares of Baidu from $215.00 to $150.00 and set a “buy” rating for the company in a research report on Wednesday, August 19th. Zacks Research raised shares of Baidu from a “strong sell” rating to a “hold” rating in a research report on Monday. Susquehanna lowered their target price on shares of Baidu from $140.00 to $105.00 and set a “neutral” rating for the company in a research note on Friday, August 28th. Finally, Bank of America dropped their target price on Baidu from $180.00 to $165.00 and set a “buy” rating on the stock in a report on Tuesday, July 14th. Twelve equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $144.27.

Baidu Stock Down 0.4%

NASDAQ:BIDU traded down $0.30 during mid-day trading on Friday, hitting $77.67. The stock had a trading volume of 762,018 shares, compared to its average volume of 2,589,301. Baidu has a twelve month low of $76.73 and a twelve month high of $165.30. The stock has a 50-day simple moving average of $89.69 and a two-hundred day simple moving average of $108.85. The company has a current ratio of 2.33, a quick ratio of 2.33 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $26.43 billion, a PE ratio of -36.85, a PEG ratio of 3.48 and a beta of 0.59.

Institutional Trading of Baidu

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. boosted its holdings in shares of Baidu by 1.2% in the 3rd quarter. SBI Securities Co. Ltd. now owns 12,815 shares of the information services provider’s stock valued at $1,113,000 after buying an additional 154 shares in the last quarter. Crossmark Global Holdings Inc. raised its stake in Baidu by 2.3% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 17,472 shares of the information services provider’s stock worth $1,518,000 after acquiring an additional 387 shares in the last quarter. TD Waterhouse Canada Inc. grew its holdings in shares of Baidu by 108.6% during the third quarter. TD Waterhouse Canada Inc. now owns 1,414 shares of the information services provider’s stock worth $121,000 after purchasing an additional 736 shares during the last quarter. Elevated Private Wealth LLC grew its holdings in shares of Baidu by 6.1% during the third quarter. Elevated Private Wealth LLC now owns 7,035 shares of the information services provider’s stock worth $611,000 after purchasing an additional 402 shares during the last quarter. Finally, Ridgewood Investments LLC increased its position in shares of Baidu by 34.5% during the third quarter. Ridgewood Investments LLC now owns 9,552 shares of the information services provider’s stock worth $830,000 after purchasing an additional 2,452 shares in the last quarter.

Key Baidu News

Here are the key news stories impacting Baidu this week:

• Positive Sentiment: Baidu is testing its autonomous robotaxi technology on London streets, signaling an effort to expand beyond China and build international momentum for its self-driving business. China’s Baidu tests robotaxi on London streets
• Positive Sentiment: Analysts and commentary continue to highlight Baidu’s leading position in China’s search market and view the company’s depressed valuation as potentially attractive if AI, autonomous driving and cloud services can offset weakness in legacy search advertising. The Google of China Suddenly Looks Like a Great Deal
• Neutral Sentiment: Baidu is expanding its AI and autonomous-driving businesses, but investors remain uncertain whether these newer operations can grow quickly and profitably enough to replace declining traditional revenue. Baidu Expands Its AI Business, but the Core Revenue Recovery Remains Uncertain
• Negative Sentiment: Multiple law firms are promoting a securities-fraud class action against Baidu, alleging that the company overstated the strength of its AI-powered business as legacy search advertising weakened. The notices cite a November 13, 2026 lead-plaintiff deadline for investors who purchased securities between November 18, 2025 and August 17, 2026. The repeated announcements increase legal, financial and reputational uncertainty around BIDU. BIDU Investors Have Opportunity to Lead Baidu Securities Fraud Lawsuit

Baidu Company Profile

Baidu, Inc (NASDAQ: BIDU) is a Chinese internet and artificial intelligence company founded in 2000 by Robin Li and Eric Xu. The company began as an internet search provider and has expanded into a broad technology platform serving consumers, businesses and public-sector organizations.

Baidu’s consumer products include its search engine, Baidu App, Baidu Baike, Baidu Maps, Baidu Tieba and Baidu Wenku. Its business services include online advertising, cloud computing and AI Cloud offerings.