LOS ANGELES, Sept. 17, 2026 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Baidu, Inc., (“Baidu” or the “Company”) (NASDAQ: BIDU) investors of a class action on behalf of investors that bought securities between November 18, 2025 – August 17, 2026, inclusive (the “Class Period”). Baidu investors have until November 9, 2026 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or join the case via https://portnoylaw.com/baidu-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
Reuters stated on November 26, 2025, that Deputy Defense Secretary Stephen Feinberg sent an October 7th letter notifying Congress that the Pentagon designated Baidu as one of three newly added entities supporting the Chinese military. Following this report, Baidu’s American Depositary Shares (ADS) dropped $1.54, or 1.3%, closing at $116.34 that day. Subsequently, on February 26, 2026, the firm released its Q4 and full-year 2025 financial figures, posting total revenue of RMB129.1 billion ($18.46 billion)—a 3% decrease year-over-year, which management mainly blamed on “a decrease in Legacy Business, partially offset by an increase in Baidu Core AI-powered Business.” Driven by these results, Baidu’s ADS fell $7.50, or 5.65%, ending the session at $125.15. Later, on August 18, 2026, the company issued its Q2 2026 financial metrics, generating RMB 31.3 billion ($4.62 billion) in revenue, down 4% compared to the prior year. Leadership explained that they were “deliberately holding back on monetizing the AI search,” which “weighed on our advertising businesses in the near term.” Additionally, the business highlighted that “[t]he competition in this industry remains very intense” alongside an “intensified further” struggle for user engagement. In response, Baidu’s ADS plummeted $13.25, or 12.73%, to settle at $90.87 on August 18, 2026.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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