According to CoinMeta, recently institutions such as Citibank, Sumitomo Mitsui, UBS, and Nomura have successively released their forecasts for Baidu's third-quarter performance, all maintaining a "buy" rating. Institutions expect Baidu's cloud infrastructure revenue in the third quarter to grow by 90% to 99% year-on-year, which is a significant acceleration from the 50% growth rate in the second quarter. Among them, Citibank expects this business segment's revenue to increase by 99% to 8.35 billion yuan year-on-year in the third quarter, with another 14% increase in the fourth quarter. Sumitomo Mitsui noted that large customers have locked in capacity through multi-year prepaid contracts, further enhancing demand visibility. UBS pointed out that Baidu's current market value is lower than its total net cash and investments, and several institutions have listed the expectation of an initial dividend payout and the progress of Kunlun Core's spin-off as important catalysts for future performance. According to data from FactSet, among the 36 institutions covering Baidu, 30 have given a "buy" rating.