Rheos Capital Works Inc. Buys Shares of 322,000 Baidu, Inc. $BIDU

Rheos Capital Works Inc. bought a new position in shares of Baidu, Inc. (NASDAQ:BIDU) during the third quarter, HoldingsChannel reports. The fund bought 322,000 shares of the information services provider’s stock, valued at approximately $42,430,000. Baidu makes up about 2.4% of Rheos Capital Works Inc.’s portfolio, making the stock its 12th largest holding.

A number of other large investors also recently modified their holdings of BIDU. Royal Bank of Canada increased its holdings in Baidu by 28.3% in the 1st quarter. Royal Bank of Canada now owns 160,713 shares of the information services provider’s stock worth $14,791,000 after purchasing an additional 35,479 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of Baidu by 28.0% during the first quarter. Integrated Wealth Concepts LLC now owns 7,787 shares of the information services provider’s stock worth $717,000 after purchasing an additional 1,705 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Baidu by 39,363.0% in the first quarter. NewEdge Advisors LLC now owns 21,310 shares of the information services provider’s stock valued at $1,961,000 after buying an additional 21,256 shares during the period. Empowered Funds LLC acquired a new position in shares of Baidu in the first quarter valued at approximately $334,000. Finally, Integrity Alliance LLC. bought a new position in Baidu in the 1st quarter valued at approximately $247,000.

Wall Street Analysts Forecast Growth

BIDU has been the subject of several recent research reports. Nomura Securities upgraded shares of Baidu from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 19th. JPMorgan Chase & Co. upgraded Baidu from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $110.00 to $188.00 in a report on Monday, November 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Baidu in a research report on Monday, December 29th. Wall Street Zen upgraded Baidu from a “sell” rating to a “hold” rating in a research report on Sunday. Finally, National Bankshares raised Baidu to an “outperform” rating in a research note on Monday, November 24th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $149.56.

Key Baidu News

Here are the key news stories impacting Baidu this week:

• Positive Sentiment: Management confidentially filed to spin off Kunlunxin (AI accelerator/chip unit) via a Hong Kong IPO; the move is being viewed as a major catalyst that could unlock a separate market valuation for the chip business (Baidu expects to retain a controlling stake), improve Baidu Core margins and free cash for buybacks. Baidu Announces Proposed Spin and Separate Listing: Kunlunxin
• Positive Sentiment: Analyst support is rising — Nomura raised its price target to $178 and kept a buy rating, signaling additional upside in sell‑side expectations. Nomura Raises Price Target on Baidu to $178
• Positive Sentiment: Operational evidence: Baidu is a market leader in China’s GPU cloud market (about 40% share in H1 2025) and Kunlunxin accelerator shipments are scaling — supporting the growth story for both cloud and chip revenues. Baidu and Huawei Lead GPU Cloud Market as China’s AI Chip IPOs Surge
• Neutral Sentiment: Coverage notes both the spin‑off upside and short‑term volatility — several outlets frame recent moves as a “re‑rating” story but caution execution and timing risks remain. Baidu: AI Chip Unit IPO A Major Catalyst (Seeking Alpha)
• Negative Sentiment: A new investor alert: Pomerantz LLP is investigating claims on behalf of Baidu investors, which introduces potential legal/financial risk and could weigh on sentiment while the inquiry is unresolved. Pomerantz Law Firm Investigates Claims On Behalf of Investors of Baidu, Inc.

Baidu Price Performance

BIDU stock opened at $146.42 on Wednesday. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.23. The firm has a market cap of $50.58 billion, a price-to-earnings ratio of 48.64 and a beta of 0.30. The company’s fifty day simple moving average is $124.01 and its 200 day simple moving average is $111.25. Baidu, Inc. has a 12-month low of $74.71 and a 12-month high of $151.43.

Baidu Company Profile

Baidu, Inc, founded in 2000 and headquartered in Beijing, is a Chinese multinational technology company best known for operating one of China’s leading internet search engines. The company built its business around online search and related advertising services, providing search, content aggregation and targeted ad placements to consumers and marketers across China. Baidu went public on the NASDAQ in 2005 and has since diversified beyond search into a broader technology and AI-focused portfolio.

Core products and services include the Baidu search platform and mobile app, Baidu Maps and Baidu Baike (an online encyclopedia), along with digital content initiatives.