BIDU up 1.84% to $121.70 in pre-market amid softer CPI and broader market rebound

Baidu (BIDU) is trading higher in pre-market, up 1.84%, benefiting from a broad market rebound driven by softer-than-expected US CPI data.

• BIDU is trading at $121.70 in pre-market, following a closing price of $119.50.
• Recent analysis highlighted strong AI Cloud growth and included an upgrade to Buy with a $156 price target, despite pressure from weak China data.
• Analysts maintain a highly bullish long-term view, projecting 60-65% upside potential, targeting $205 based on AI, chips, and robotaxi optionality.