BIDU is trading at 5.1% up now at $116.59 after JPMorgan upgraded the stock from Neutral to Overweight and raised its price target from $110 to $188, citing accelerating growth in Baidu's cloud and artificial intelligence businesses. JPMorgan highlighted that Baidu's cloud revenue is expected to grow from 23% in 2025 to 61% in 2026, positioning AI and cloud as central drivers for the company's future value. This upgrade follows a series of bullish analyst actions and comes amid strong investor focus on AI-driven turnarounds in Chinese tech. Trading activity is elevated as the market reacts to these analyst moves.