Baidu, Inc. $BIDU Stock Sold by Pzena Investment Management LLC

Pzena Investment Management LLC lowered its position in shares of Baidu, Inc. (NASDAQ:BIDU) by 19.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,514 shares of the information services provider’s stock after selling 7,960 shares during the quarter. Pzena Investment Management LLC’s holdings in Baidu were worth $2,911,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Corecam AG lifted its stake in shares of Baidu by 56.9% in the 3rd quarter. Corecam AG now owns 27,710 shares of the information services provider’s stock valued at $2,407,000 after purchasing an additional 10,050 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Baidu during the 3rd quarter valued at about $8,757,000. Profund Advisors LLC grew its stake in Baidu by 5.3% during the third quarter. Profund Advisors LLC now owns 18,445 shares of the information services provider’s stock worth $1,602,000 after purchasing an additional 934 shares during the period. Vise Technologies Inc. acquired a new stake in Baidu during the third quarter worth approximately $589,000. Finally, Sigma Planning Corp acquired a new stake in Baidu during the third quarter worth approximately $149,000.

Baidu News Summary

Here are the key news stories impacting Baidu this week:

• Neutral Sentiment: Wall Street analysts’ average brokerage recommendation is equivalent to a Buy, but the report cautions that analyst recommendations can be overly optimistic, making this a limited positive signal. Article: Is Baidu Inc. a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: The securities class action alleges that Baidu’s disclosures about its “Core AI-powered Business” relied on unaudited internal management data and did not adequately warn that declining legacy advertising revenue might outpace AI growth. The repeated law-firm notices highlight litigation risk for investors who bought shares during the alleged class period, November 18, 2025–August 17, 2026. Article: BIDU Shareholder Alert
• Negative Sentiment: A recent Q3 preview from Seeking Alpha flagged rising disintermediation risk and downgraded Baidu to Sell, adding to concerns about competitive pressure on its business. Article: Baidu Q3 2026 Preview

Baidu Price Performance

Shares of NASDAQ BIDU opened at $79.48 on Friday. The firm has a market capitalization of $27.04 billion, a P/E ratio of -37.67, a P/E/G ratio of 4.22 and a beta of 0.60. The firm’s 50-day moving average price is $86.22 and its 200-day moving average price is $113.26. The company has a current ratio of 2.33, a quick ratio of 2.33 and a debt-to-equity ratio of 0.28. Baidu, Inc. has a 1-year low of $75.80 and a 1-year high of $165.30.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on BIDU shares. Arete Research downgraded Baidu from a “buy” rating to a “neutral” rating and set a $108.00 target price for the company. in a report on Monday, September 7th. Weiss Ratings restated a “sell (d)” rating on shares of Baidu in a report on Thursday, August 13th. Bank of America restated a “buy” rating on shares of Baidu in a report on Monday, October 26th. Benchmark reduced their price objective on shares of Baidu from $215.00 to $150.00 and set a “buy” rating for the company in a research report on Wednesday, August 19th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Baidu from $175.00 to $145.00 and set an “overweight” rating for the company in a research note on Friday, October 23rd. Eleven analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $143.14.

Baidu Profile

Baidu, Inc (NASDAQ: BIDU) is a Chinese internet and artificial intelligence company founded in 2000 by Robin Li and Eric Xu. The company began as an internet search provider and has expanded into a broad technology platform serving consumers, businesses and public-sector organizations.

Baidu’s consumer products include its search engine, Baidu App, Baidu Baike, Baidu Maps, Baidu Tieba and Baidu Wenku. Its business services include online advertising, cloud computing and AI Cloud offerings.