11 Best Self-Driving Car Stocks to Buy According to Analysts

6. Baidu, Inc. (NASDAQ:BIDU)

Analysts’ Upside Potential as of April 22: 31.62%

Baidu, Inc. (NASDAQ:BIDU) is the biggest internet search engine in China, holding a market share of more than 50% in 2024. In 2023, the company’s search engine’s online marketing services accounted for 72% of its main income. Apart from its search engine, the firm is a tech-driven business with significant expansion plans in the areas of speech recognition, video streaming, cloud artificial intelligence, and autonomous driving. The stock surged by more than 8% YTD, which makes it one of the Best Autonomous Driving Stocks.

In Q4 2024, Baidu, Inc. (NASDAQ:BIDU)’s AI Cloud division reported a 26% year-over-year revenue rise, helping to propel the company’s overall growth to 17%. Revenue from GenAI nearly tripled in comparison to the year prior. In December 2024, ERNIE, its fundamental model, handled about 1.65 billion API calls per day, with external API usage rising by 178% quarterly.

The Apollo Go robotaxi service grew dramatically, attaining 100% completely driverless operations countrywide and delivering almost 1.1 million rides in Q4 with a 36% surge year over year. AI-generated content was included in 22% of search result pages, and in December, the number of daily search queries per user jumped by 2% year over year, highlighting Baidu, Inc. (NASDAQ:BIDU)’s ongoing integration of AI into its search business.