B of A Securities analyst Eddie Leung has maintained a Buy rating on Baidu (NASDAQ: BIDU) while lowering the price target to $165 from $180. This adjustment reflects the firm's updated expectations for the stock's performance. Baidu continues to trade on the NASDAQ under the ticker symbol BIDU.

Separately, Barclays analyst Jiong Shao has maintained an Equal-Weight rating on Baidu, with a price target of $124, reduced from a previous $128.

The rating decisions and price target adjustments were communicated in recent research notes.

Baidu, Inc. announced that the record date to determine eligibility for voting and attending its forthcoming extraordinary general meeting is the close of business on Friday, July 17, 2026. Shareholders holding ordinary shares registered by this date will be entitled to participate in the proceedings. The announcement establishes the timeline for shareholder participation ahead of the meeting's formal notice.

To qualify for voting and attendance, valid transfer documents and share certificates must be lodged with the company's Hong Kong branch share registrar and transfer office, Computershare Hong Kong Investor Services Limited. The deadline for submission is 4:30 p.m. on Friday, July 17, 2026, Beijing/Hong Kong time. Only registered holders of ordinary shares on the record date will have voting rights.

Holders of American depositary shares (ADSs) are not permitted to attend or vote directly at the meeting. Instead, ADS holders as of the close of business on Friday, July 17, 2026, New York time, may instruct The Bank of New York Mellon, the depositary, on how to vote the underlying ordinary shares. The Bank of New York Mellon will vote these shares in accordance with valid instructions received, subject to legal and practical limitations.

Due to time zone differences between Hong Kong and New York, ADS holders who cancel their ADSs in exchange for ordinary shares on Friday, July 17, 2026, New York time, will lose the ability to instruct the depositary. Furthermore, such holders will not be registered as ordinary shareholders on the record date and will be ineligible to vote or attend the meeting.

Specific details regarding the date and location of the extraordinary general meeting will be outlined in the notice of the meeting. This notice, along with proxy materials, will be issued to ordinary shareholders and ADS holders in due course.

Key Dates and Requirements