Daiwa analysts John Choi and Candis Chan stated in their research report that Baidu's short-term prospects have several favorable factors. They indicated that the Chinese technology giant plans to disclose more financial metrics for its new businesses, such as revenue and profitability of its AI-related products, which could enable investors to better evaluate Baidu's AI commercialization progress. The analysts noted that investors also anticipate positive developments from the company's Baidu World Conference scheduled for next month. Daiwa upgraded the stock rating from "outperform" to "buy" and raised its target price from HK$92.00 to HK$158.00.