Baidu Near-Term Outlook Could Be Boosted by Improved Disclosures -- Market Talk
Dow Jones
Oct 15
0327 GMT - Baidu's near-term outlook has several tailwinds, according to Daiwa analysts John Choi and Candis Chan in a research note. The Chinese tech giant plans to disclose more financial metrics of the new businesses, such as revenues and profitability of its AI-related products, and this is likely to let investors better assess Baidu's AI monetisation progress, they say. Investors also expect positive news from the company's Baidu World event next month, the analysts say. Daiwa upgrades the stock to buy from outperform and raises its target price to HK$158.00 from HK$92.00. Shares last traded at HK$116.70. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
October 14, 2025 23:27 ET (03:27 GMT)
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