Tesla's Underpriced Chinese Rival Baidu In Focus As Uber, Lyft Team Up With Its Robotaxi Firm In UK: Key Score Rises - Baidu (NASDAQ:BIDU), Alphabet (NASDAQ:GOOG)
Benzinga·2025-12-29 11:26

Core Insights - Baidu Inc. has become a top-tier value opportunity following a significant partnership with Uber and Lyft for self-driving taxis [1][5] - The company's fundamental valuation metrics indicate a strong buy signal, placing it in the top percentile of value plays [2] Valuation Metrics - Baidu's value score on Benzinga Edge's Stock Rankings increased from 89.54 to 94.33 week-over-week, positioning it in the top 10th percentile of stocks for value [3] - A score of 94.33 indicates that Baidu is trading at a more attractive discount compared to 94% of the market, representing a "deep value" entry point [4] Market Performance - Year-to-date, Baidu's shares have risen by 50.91%, outperforming the Nasdaq Composite Index, which increased by 22.37% during the same period [6] - Over the last six months, the stock was up 45.52%, and it increased by 48.48% over the year [6] Expansion Plans - The valuation rerating aligns with Baidu's plans to deploy self-driving taxis in the UK in partnership with Uber and Lyft, with testing expected to begin in London in the first half of 2026 [5]