For the first quarter of 2026, analysts expect Baidu Inc to report consensus revenue of approximately $4.66 billion and an EPS of $1.69, while the stock currently trades near $135.33 against an average price target of $166.62.
Investors are primarily focused on the growth trajectory of the AI Cloud business, which is projected to reach a historic milestone by contributing over 51% of total revenue for the first time.
This strategic shift follows years of heavy R&D as Baidu's legacy search advertising faces structural pressure and intensifying competition from AI-native platforms.
Despite a projected year-over-year decline in earnings, the upcoming IPO of its AI chip arm, Kunlunxin, and the launch of the Ernie 5.1 model are viewed as critical catalysts for future valuation unlocking.