---
title: "Citigroup: AI may drive Baidu's revenue increase in 2026, raising Baidu ADR target price"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/277141566.md"
description: "Citigroup analysts expect that artificial intelligence will drive Baidu's revenue growth in 2026, particularly its chip division Kunlun, which is expected to achieve revenue of 13.2 billion yuan. Although the fourth quarter revenue met expectations, investors may be disappointed by the lack of a dividend payout, but Citigroup maintains a buy rating on Baidu and raises its ADR target price from $186.00 to $188.00"
datetime: "2026-02-27T04:36:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277141566.md)
  - [en](https://longbridge.com/en/news/277141566.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277141566.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/277141566.md) | [English](https://longbridge.com/en/news/277141566.md)


# Citigroup: AI may drive Baidu's revenue increase in 2026, raising Baidu ADR target price

Citigroup analysts stated in a research report that artificial intelligence (AI) could drive Baidu's revenue in 2026. Citigroup expects Baidu's chip division, Kunlun Chip, to generate revenue of RMB 13.2 billion in 2026, accounting for 52% of its AI cloud infrastructure revenue. These analysts estimate that its AI-native market revenue could grow by 51% in 2026. They noted that although fourth-quarter revenue met expectations and profits exceeded expectations, investors might be disappointed that the company did not declare a dividend for the first time. Citigroup maintains a buy rating on Baidu, citing its low valuation and the potential benefits from the proposed spin-off of Kunlun Chip. The firm raised Baidu's ADR target price from $186.00 to $188.00

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