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Baidu's Intelligent Cloud Business Expands by 26%, Prompting Upgrades in Ratings from Goldman Sachs, CLSA, and Other Prominent Banks
2025-02-19 /
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Author：小编
On February 19th, esteemed securities institutions including Goldman Sachs, CLSA, and Huatai Securities issued research reports reflecting optimism about the long-term prospects of Baidu's Intelligent Cloud business, granting the company a "Buy" rating. Goldman Sachs' report highlighted that Baidu surpassed its fourth-quarter performance targets and forecasted a robust increase in demand for Intelligent Cloud services by 2025, anticipating a year-over-year growth rate surpassing 20%. Furthermore, HSBC, DBS, and other institutions have revised upwards their target prices for Baidu.
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