Story perspectives

AI Boosts Baidu Revenue, Investors Disappointed by Dividend

2/27/2026

Summary

Story summary

Citi analysts predict that artificial intelligence will increase Baidu's revenue to 13.2 billion yuan from its chip unit Kunlunxin by 2026.
Despite Baidu's Q4 profit exceeding expectations, investors are disappointed by the absence of a dividend.
Citi maintains a buy rating on Baidu and raises its ADR target price to $188.00.
WiseTech Global's earnings surpassed expectations, leading Morgan Stanley to favor its stock, though concerns exist over a 50% staff reduction affecting product development.
Citi warns of risks as DSV may handle its software needs internally, reducing its target price to A$65.35.

1 of 1

Story summary

Citi analysts predict that artificial intelligence will increase Baidu's revenue to 13.2 billion yuan from its chip unit Kunlunxin by 2026.
Despite Baidu's Q4 profit exceeding expectations, investors are disappointed by the absence of a dividend.
Citi maintains a buy rating on Baidu and raises its ADR target price to $188.00.
WiseTech Global's earnings surpassed expectations, leading Morgan Stanley to favor its stock, though concerns exist over a 50% staff reduction affecting product development.
Citi warns of risks as DSV may handle its software needs internally, reducing its target price to A$65.35.