News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>Haitong Intl Raises Baidu TP to USD201 as AI Momentum Lifts Earnings Above Expectations
Motivated by AI momentum, BIDU-SW (09888.HK) delivered better-than-expected results for 1Q26, Haitong International said in its report. Total revenue dipped 1% YoY and 2% QoQ to RM...
Reset
Send
The window will close in 5 seconds
<Research>Haitong Intl Raises Baidu TP to USD201 as AI Momentum Lifts Earnings Above Expectations
Close
Recommend
4
Positive
8
Negative
7
 
 

Motivated by AI momentum, BIDU-SW (09888.HK)  +1.700 (+1.344%)    Short selling $263.28M; Ratio 24.338%   delivered better-than-expected results for 1Q26, Haitong International said in its report. Total revenue dipped 1% YoY and 2% QoQ to RMB32.1 billion, 2% above market expectations. Adjusted net profit whopped RMB4.3 billion (margin 14%), 5% above market forecasts. Baidu Core revenue grew 2% YoY, 4% above consensus. Baidu Core adjusted net profit was RMB4.4 billion (margin 17%), topping market estimates by 16%.

Haitong International maintained its Outperform rating on Baidu, Inc. (BIDU.US)      and raised its US stock TP from USD188 to USD201, as it increased the PE valuation of the cloud from 15x to 30x to reflect rapid growth. The broker expected that, as the spin-off and listing of Kunlunxin (KLX) moves along well, a series of value-unlocking initiatives will follow, including share buybacks, dividends, dual primary listing and a Robotaxi spin-off.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related News Daiwa Cuts BIDU-SW (09888.HK) TP to HKD170; Strong AI Cloud and GPU Cloud Performance

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.