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 approved a share buyback plan on Thursday, May 16th 2019, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 1.9% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its stock is undervalued.

Baidu is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Baidu.

Baidu will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Baidu issued an update on its fourth quarter 2019 After-Hours earnings guidance on Friday, January, 31st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $4.06-4.15 billion, compared to the consensus revenue estimate of $3.92 billion.

20 Wall Street analysts have issued 1 year target prices for Baidu's shares. Their forecasts range from $118.00 to $221.00. On average, they anticipate Baidu's share price to reach $147.36 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price. View Analyst Price Targets for Baidu.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baidu in the last year. There are currently 7 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Baidu.

News articles about BIDU stock have trended neutral this week, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of 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 0.2 on InfoTrie's scale. They also gave 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 impact on the stock's share price in the next several days. View News Stories for Baidu.

Baidu saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 6,560,000 shares, an increase of 16.9% from the January 15th total of 5,610,000 shares. Based on an average daily trading volume, of 3,990,000 shares, the short-interest ratio is currently 1.6 days. Currently, 2.4% of the company's stock are sold short. View Baidu's Current Options Chain.

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), Walt Disney (DIS), Intel (INTC), Starbucks (SBUX) and JD.Com (JD).

Baidu's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Artisan Partners Limited Partnership (2.02%), State Street Corp (1.73%), Franklin Resources Inc. (1.73%), Baillie Gifford & Co. (1.49%), Massachusetts Financial Services Co. MA (1.21%) and UBS Asset Management Americas Inc. (0.61%).

BIDU stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Mitsubishi UFJ Trust & Banking Corp, Franklin Resources Inc., Comgest Global Investors S.A.S., Bank of America Corp DE, Swiss National Bank, Bank of Montreal Can and Tiger Pacific Capital LP.

BIDU stock was bought by a variety of institutional investors in the last quarter, including UBS Asset Management Americas Inc., Renaissance Technologies LLC, Point72 Asset Management L.P., COMPOSITE CAPITAL MANAGEMENT HK Ltd, FMR LLC, Axiom International Investors LLC DE, M&G Investment Management Ltd. and Driehaus Capital Management 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 $134.57.