NASDAQ:BIDU - Baidu Stock Price, Forecast & News

Baidu trades on the NASDAQ under the ticker symbol "BIDU."

Baidu announced that its Board of Directors has authorized a stock buyback program on Thursday, May 16th 2019, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 1.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

Baidu is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Baidu.

22 analysts have issued 1 year price targets for Baidu's shares. Their forecasts range from $118.00 to $221.00. On average, they anticipate Baidu's share price to reach $146.53 in the next year. This suggests a possible upside of 23.0% from the stock's current price. View Analyst Price Targets for Baidu.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baidu in the last year. There are currently 7 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Baidu.

Media stories about BIDU stock have been trending somewhat positive this week, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Baidu earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news stories about the information services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Baidu.

Baidu saw a drop in short interest in November. As of November 29th, there was short interest totalling 5,140,000 shares, a drop of 15.9% from the November 14th total of 6,110,000 shares. Based on an average trading volume of 3,620,000 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.9% of the shares of the stock are short sold. View Baidu's Current Options Chain.

Some companies that are related to Baidu include IHS Markit (INFO), Twitter (TWTR), Snap (SNAP), Match Group (MTCH), Zoom Video Communications (ZM), Yandex (YNDX), Line (LN), Trade Desk (TTD), FactSet Research Systems (FDS), Pinterest (PINS), Weibo (WB), 58.com (WUBA), Stars Group (TSG), InterXion (INXN) and Sabre (SABR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Baidu investors own include Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Micron Technology (MU), Alphabet (GOOG), Intel (INTC), Walt Disney (DIS), Starbucks (SBUX) and salesforce.com (CRM).

Baidu's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (1.67%), Massachusetts Financial Services Co. MA (1.17%), Pictet Asset Management Ltd. (0.56%), Fisher Asset Management LLC (0.48%), Marathon Asset Management LLP (0.43%) and Tweedy Browne Co LLC (0.40%).

BIDU stock was sold by a variety of institutional investors in the last quarter, including Comgest Global Investors S.A.S., SG Americas Securities LLC, Tweedy Browne Co LLC, ANTIPODES PARTNERS Ltd, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Russell Investments Group Ltd. and Voloridge Investment Management LLC.

BIDU stock was bought by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, Massachusetts Financial Services Co. MA, California Public Employees Retirement System, Pictet Asset Management Ltd., ARGA Investment Management LP, Commerzbank Aktiengesellschaft FI, River & Mercantile Asset Management LLP and Parametric Portfolio Associates LLC.

Shares of BIDU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of BIDU stock can currently be purchased for approximately $119.14.

Baidu has a market capitalization of $41.62 billion and generates $14.88 billion in revenue each year. The information services provider earns $4.01 billion in net income (profit) each year or $7.80 on an earnings per share basis. Baidu employs 42,267 workers across the globe.View Additional Information About Baidu.

The official website for Baidu is http://www.baidu.com/.

Baidu's mailing address is BAIDU CAMPUS NO. 10 SHANGDI 10TH STREET, BEIJING F4, 100085. The information services provider can be reached via phone at 86-10-5992-8888 or via email at [email protected]