On July 16, 2025, Baidu (BIDU, Financial) received a revised stock price target from Jefferies analyst Thomas Chong. The analyst lowered the 12-month price target for Baidu, setting it at $110.00, down from the prior target of $120.00. This adjustment reflects a decrease of 8.33% in the price target.
Despite the downward revision of the target price, Jefferies maintained its "Buy" rating on Baidu (BIDU, Financial). The reaffirmation of this rating suggests continued confidence in the company's potential for future performance.
The adjustment comes amid ongoing evaluations of Baidu's market position and growth trajectory. However, specific reasons for the change in price target were not disclosed in the report by Jefferies.
Baidu (BIDU, Financial), known for its robust presence in the technology and internet services sectors, continues to be a focal point for investors looking at Chinese tech companies. As market dynamics evolve, analyst ratings and price target adjustments are instrumental in guiding investor decisions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 30 analysts, the average target price for Baidu Inc (BIDU, Financial) is $104.80 with a high estimate of $144.86 and a low estimate of $76.14. The average target implies an upside of 12.33% from the current price of $93.30. More detailed estimate data can be found on the Baidu Inc (BIDU) Forecast page.
Based on the consensus recommendation from 31 brokerage firms, Baidu Inc's (BIDU, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Baidu Inc (BIDU, Financial) in one year is $116.54, suggesting a upside of 24.91% from the current price of $93.3. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Baidu Inc (BIDU) Summary page.