NASDAQ:BIDU - Baidu Stock Price, Price Target & More

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

Baidu announced that its board has initiated a stock buyback program on Wednesday, June 27th 2018, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 1.2% of its shares through open market purchases. Shares buyback programs are often 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 Wednesday, July, 25th 2018. View Earnings Estimates for Baidu.

22 brokerages have issued 1 year price objectives for Baidu's stock. Their forecasts range from $225.00 to $319.00. On average, they expect Baidu's stock price to reach $282.6875 in the next twelve months. This suggests a possible upside of 5.8% from the stock's current price. View Analyst Ratings for Baidu.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baidu in the last year. There are currently 6 hold ratings, 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Baidu include Twitter (TWTR), Red Hat (RHT), IHS Markit (INFO), Weibo (WB), Snap (SNAP), Yandex (YNDX), Match Group (MTCH), Line (LN), 58.com (WUBA), Tripadvisor Inc Common Stock (TRIP), FactSet Research Systems (FDS), Stars Group (TSG), Sabre (SABR), Wix.Com (WIX) and InterXion (INXN).

News coverage about BIDU stock has trended somewhat negative recently, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Baidu earned a daily sentiment score of -0.05 on Accern's scale. They also gave news articles about the information services provider an impact score of 46.74 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Baidu's stock is owned by many different of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.50%), Bank of Montreal Can (0.25%), Overlook Holdings Ltd (0.16%), DnB Asset Management AS (0.14%), Handelsbanken Fonder AB (0.08%) and Gulf International Bank UK Ltd (0.02%). View Institutional Ownership Trends for Baidu.

BIDU stock was sold by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Hexavest Inc., PM CAPITAL Ltd, Fisher Asset Management LLC, Gateway Investment Advisers LLC, Regent Investment Management LLC, Daiwa SB Investments Ltd. and Xact Kapitalforvaltning AB. View Insider Buying and Selling for Baidu.

BIDU stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Overlook Holdings Ltd, New Silk Road Investment PTE Ltd., Handelsbanken Fonder AB, NN Investment Partners Holdings N.V., Bellecapital International Ltd., Palo Capital Inc. and XR Securities LLC. View Insider Buying and Selling for Baidu.

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, Scottrade, Fidelity and Charles Schwab.

One share of BIDU stock can currently be purchased for approximately $267.28.

Baidu has a market capitalization of $92.65 billion and generates $13.03 billion in revenue each year. The information services provider earns $2.81 billion in net income (profit) each year or $8.06 on an earnings per share basis. Baidu employs 39,343 workers across the globe.

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]