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Nov 19, 2025 4:00 PM

These Analysts Revise Their Forecasts On Baidu After Q3 Earnings

Baidu, Inc. (NASDAQ:BIDU) reported a decline in revenue and negative free cash flow for the third quarter on Tuesday.

The company reported quarterly revenue of $4.38 billion, a decline of 7% year-on-year (Y/Y), topping analysts' consensus estimate of $4.31 billion.

Despite the revenue shortfall, Baidu's adjusted earnings per American Depositary Share (ADS) came in at $1.56, exceeding the forecast of 91 cents.

CEO Robin Li highlighted strong momentum in AI Cloud as more enterprises adopt Baidu's AI products and solutions. He noted that Apollo Go rapidly expanded its fully driverless ride-hailing operations, including its move into Switzerland, while maintaining top-tier safety ...