BIDU

Baidu's stock price has experienced notable events in the past six months (March 2026 - September 2026). A securities class action lawsuit was filed on behalf of shareholders who purchased securities between November 18, 2025, and August 17, 2026, alleging Baidu made materially false or misleading statements regarding its AI-powered business's ability to offset rapid declines in its legacy online marketing business. This legal action contributed to a decline in the stock price, with BIDU closing at $90.87 on August 18, 2026, a significant drop from its Class Period high of $162.52 on January 22, 2026, and a single-session drop of 12.73% on August 18, 2026. In Q1 2026, Baidu announced its AI-powered business exceeded half of its general business revenue for the first time, with AI Cloud Infra revenue surging 79% year-over-year, despite a 2% dip in overall revenue. However, in Q2 2026, reported on August 18, 2026, Baidu posted a 4% year-on-year decline in total revenue, missing analyst estimates, attributed to a 19% decline in online marketing revenue outweighing 25% growth in AI-related operations, though AI Cloud Infra revenue increased 50% year-over-year but fell 17% quarter-over-quarter. Baidu completed its conversion to a dual-primary listing on both the Hong Kong Stock Exchange and Nasdaq, effective September 1, 2026, to reduce regulatory risk and broaden investor access. Subsequently, its Hong Kong-listed Class A shares were added to the Shanghai-Hong Kong Stock Connect program, effective September 7, 2026. Over the past 52 weeks, BIDU has traded between a low of $88.23 and a high of $165.30.