Here’s What Barclays Thinks About Baidu, Inc (BIDU)

​Baidu, Inc. (NASDAQ:BIDU) is one of the Best Autonomous Vehicle Stocks to Buy Now. On January 26, Jiong Shao from Barclays reiterated a Hold rating on the stock and raised the price target from $100 to $147. Earlier on January 7, Freedom Capital reiterated a Buy rating on Baidu, Inc. (NASDAQ:BIDU) and raised the price target from $120 to $160.

​Analysts at Freedom Capital noted that the company’s ongoing transformation had required higher expenditures. However, now the investments have started to yield positive results amidst strong competition for its core business. The firm noted that the company might continue to face pressure on margins as it works on its strategic initiatives.

​That said, Baidu, Inc. (NASDAQ:BIDU) is set to release its fiscal Q4 2025 results on February 26. Wall Street expects the company to post revenue around $4.7 billion, along with a GAAP EPS of $1. Overall, Street remains a Strong Buy on the stock, with 78% of the 41 analysts having a Buy rating on the stock.

Baidu, Inc. (NASDAQ:BIDU) operates China’s leading search engine alongside AI-driven services such as ERNIE Bot and AI Cloud. The company generates revenue through online marketing, apps, and cloud computing. Its three core growth engines include Mobile Ecosystem, AI Cloud, and Intelligent Driving.

While we acknowledge the potential of BIDU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BIDU and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.