Latest Search
Quote
| Back Zoom + Zoom - | |
|
<Research>Citi Raises Baidu (BIDU.US) TP to USD186; Mkt Eyeing Mgmt's Comments on Kunlunxin's Listing Progress
Recommend 6 Positive 20 Negative 6 |
|
|
|
|
Citi has published a report predicting that BIDU-SW (09888.HK) will release its 4Q25 results after the Lunar New Year. The market will focus on BIDU-SW management's comments regarding Kunlunxin's listing progress, shareholder returns or improvements, and the YoY and QoQ growth trends of AI-related revenues (e.g., AI cloud infrastructure, AI applications, and autonomous taxi operations data). Considering Kunlunxin's upcoming listing, Citi has reassessed its segment valuation model and valued the Kunlunxin segment at USD13.3 billion. The broker reiterated a Buy rating on Baidu (BIDU.US) and raised its target price from USD181 to USD186, citing that its stock price could benefit from further valuation unleashing. AAStocks Financial News |
|
