Baidu, Inc. $BIDU Shares Sold by M&G PLC

M&G PLC reduced its position in Baidu, Inc. (NASDAQ:BIDU) by 11.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 154,250 shares of the information services provider’s stock after selling 19,406 shares during the period. M&G PLC’s holdings in Baidu were worth $13,420,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Signature Equity Partners LLC bought a new stake in Baidu during the 1st quarter valued at $25,000. Rakuten Securities Inc. raised its holdings in Baidu by 20.0% during the second quarter. Rakuten Securities Inc. now owns 587 shares of the information services provider’s stock worth $67,000 after buying an additional 98 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Baidu by 17.3% in the first quarter. EverSource Wealth Advisors LLC now owns 1,090 shares of the information services provider’s stock valued at $121,000 after buying an additional 161 shares in the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of Baidu by 108.6% in the third quarter. TD Waterhouse Canada Inc. now owns 1,414 shares of the information services provider’s stock valued at $121,000 after buying an additional 736 shares in the last quarter. Finally, Heritage Family Offices LLP bought a new position in shares of Baidu in the third quarter valued at $134,000.

Wall Street Analyst Weigh In

BIDU has been the subject of several recent research reports. Benchmark decreased their target price 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. Bank of America restated a “buy” rating on shares of Baidu in a report on Monday, October 26th. Morgan Stanley cut shares of Baidu from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $130.00 to $80.00 in a research report on Wednesday, August 19th. Arete Research downgraded Baidu from a “buy” rating to a “neutral” rating and set a $108.00 price target for the company. in a research note on Monday, September 7th. Finally, Barclays decreased their price objective on Baidu from $96.00 to $80.00 and set an “equal weight” rating for the company in a report on Friday, October 23rd. Eleven investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $143.14.

Key Headlines Impacting Baidu

Here are the key news stories impacting Baidu this week:

• Negative Sentiment: Several law firms issued reminders about a securities class action against Baidu, covering investors who bought shares from November 18, 2025, through August 17, 2026. The complaint alleges Baidu overstated how its AI business was offsetting weakness in legacy search advertising; it cites AI-business growth of 49% year over year in Q1 2026 followed by an 8% quarter-over-quarter contraction three months later. These are allegations, not proven findings, but the litigation creates legal and reputational uncertainty. SueWallSt lawsuit notice
• Neutral Sentiment: The notices emphasize a November 13 deadline to seek lead-plaintiff status. This is a procedural milestone rather than a new company operating update; the repeated alerts largely concern the same lawsuit. Rosen Law Firm deadline notice

Baidu Price Performance

BIDU opened at $79.71 on Wednesday. Baidu, Inc. has a 1 year low of $75.80 and a 1 year high of $165.30. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.33 and a quick ratio of 2.33. The company has a market capitalization of $27.24 billion, a price-to-earnings ratio of -37.78, a P/E/G ratio of 4.25 and a beta of 0.60. The firm’s fifty day moving average price is $85.29 and its two-hundred day moving average price is $112.10.

About Baidu

Baidu, Inc. is a Chinese technology company best known for its internet search engine and related online services. Founded in 2000 by Robin Li and Eric Xu, the company is headquartered in Beijing and primarily serves users and business customers in China. Its offerings include Baidu Search, the Baidu mobile app and Baidu Maps, as well as online marketing services. Baidu also develops cloud computing and artificial intelligence technologies, including generative AI products and services for businesses and consumers.