Guohai Securities: Initiates "Buy" rating on Baidu Group-SW, AI SaaS promotes positive cloud services

Zhitong
2025.10.17 07:36
portai
I'm PortAI, I can summarize articles.

Guohai Securities has initiated coverage on Baidu Group-SW, giving it a "Buy" rating, and expects revenues for 2025, 2026, and 2027 to be 130.973 billion, 135.668 billion, and 144.307 billion yuan, respectively, with non-IFRS net profits of 16.600 billion, 19.864 billion, and 23.548 billion yuan, respectively. Baidu has unique advantages in the AI field, driving user engagement and satisfaction, and is committed to personalized search. The company holds a global leading position in the Robotaxi market and is actively expanding its business