On February 17, 2026, Portolan Capital Administration disclosed a purchase of Baidu (NASDAQ:BIDU), including 259,101 shares within the fourth quarter for an estimated $32.16 million primarily based on quarterly common pricing.
In line with a SEC submitting dated February 17, 2026, Portolan Capital Administration elevated its stake in Baidu (NASDAQ:BIDU) by 259,101 shares throughout the fourth quarter. The estimated transaction worth is $32.16 million, calculated utilizing the quarter’s common closing worth. The quarter-end worth of the place elevated by $33.85 million, reflecting each buying and selling exercise and share worth appreciation.
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This purchase brings the Baidu stake to 1.85% of reported AUM as of December 31, 2025.
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Prime fund holdings after the submitting:
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NASDAQ:TTMI: $79.12 million (4.2% of AUM)
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NYSE:MOD: $71.55 million (3.8% of AUM)
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NASDAQ:CSTL: $67.28 million (3.6% of AUM)
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NYSE:CLS: $50.93 million (2.7% of AUM)
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NASDAQ:AKAM: $45.75 million (2.5% of AUM)
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As of February 17, 2026, BIDU shares have been priced at $118.38, up 36% over the previous yr and nicely outperforming the S&P 500’s roughly 16% achieve in the identical interval.
|
Metric |
Worth |
|---|---|
|
Income (TTM) |
$18.89 billion |
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Web revenue (TTM) |
$1.30 billion |
|
Value (as of market shut February 17, 2026) |
$118.38 |
|
One-year worth change |
36% |
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Baidu affords on-line advertising, cloud providers, and video streaming platforms, with income primarily from Baidu Core (search, feed, AI, cloud) and iQIYI (on-line leisure).
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The corporate generates revenue by promoting, cloud computing providers, and subscription-based content material.
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It targets companies looking for digital advertising and cloud options, in addition to customers of on-line video content material in China.
Baidu is a number one web platform firm in China, leveraging its core search, cloud, and synthetic intelligence capabilities to drive development. The corporate advantages from a diversified income base, robust market presence, and ongoing funding in AI-driven providers. Its built-in strategy positions Baidu as a key participant in China’s digital economic system, serving each enterprise and shopper segments.
Baidu has been repositioning itself as a synthetic intelligence and cloud infrastructure platform, and the market is starting to acknowledge that shift. Shares have climbed roughly 36% over the previous yr, but the corporate’s scale and know-how investments counsel the transformation remains to be unfolding.
Baidu closed 2025 with roughly $18.5 billion in annual income as AI-related providers and cloud choices continued gaining traction regardless of a lower within the agency’s legacy enterprise. AI cloud infra income was up 34% yr over yr. Inside a portfolio that leans closely towards {hardware}, networking infrastructure, and industrial know-how names, including publicity to a Chinese language AI platform introduces a unique sort of development lever. It is usually a comparatively modest allocation, representing lower than 2% of property, which suggests a calculated reasonably than aggressive guess.
For long-term traders, the important thing query is execution. If Baidu can translate its AI management into sturdy cloud and enterprise income streams, the corporate may evolve into a much wider platform than its legacy search enterprise implies at this time.
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