UBS Sticks to Its Buy Rating for Baidu, Inc. Class A (9888)
In a report released yesterday, from UBS maintained a Buy rating on Baidu, Inc. Class A, with a price target of HK$175.50.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
In a report released yesterday, DBS also maintained a Buy rating on the stock with a HK$200.00 price target.
Based on Baidu, Inc. Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of HK$31.17 billion and a GAAP net loss of HK$11.23 billion. In comparison, last year the company earned a revenue of HK$33.56 billion and had a net profit of HK$7.63 billion
Read More on HK:9888:
Disclaimer & DisclosureReport an Issue
- Baidu: Stabilizing Profitability and Growing AI Offsets Amid Revenue Pressure Support a Hold Rating
- Baidu reports Q4 EPS $1.52 vs. $2.63 last year
- Baidu Elevates AI Core as 2025 Results Show Strong Growth and New Shareholder Rewards
- Alibaba, BYD, Baidu appeared on updated Pentagon list, Bloomberg says
- Baidu, Uber partner to bring Apollo Go autonomous ride-hailing to Dubai
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.