Baidu's Outlook Bodes Well For Shares -- Market Talk

Dow Jones01-13

1309 ET - Baidu, the Beijing-based search giant, is poised for growth, Benchmark analysts say. A clearer set of inbound catalysts--namely the spin-off of its AI chip unit, Kunlunxin, which is planning to last on the Hong Kong stock exchange, as well as its robotaxi unit--should soon unlock value from the company's underappreciated assets, the analysts say in a research note. "Furthermore, key takeaways from our recent group investor meeting with the Baidu team suggest that management is increasingly focused on supporting the share price," they write. Benchmark raises Baidu's price target to $215 from $158. Shares rise 6%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

January 12, 2026 13:09 ET (18:09 GMT)

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