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 initiated a stock buyback plan on Thursday, May 16th 2019, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 1.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

Baidu is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Baidu.

22 brokerages have issued twelve-month price targets for Baidu's stock. Their forecasts range from $118.00 to $221.00. On average, they anticipate Baidu's stock price to reach $149.00 in the next year. This suggests a possible upside of 9.9% 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.

News articles about BIDU stock have been trending somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Baidu earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned media stories about the information services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Baidu.

Baidu saw a increase in short interest in December. As of December 31st, there was short interest totalling 5,610,000 shares, an increase of 5.6% from the December 15th total of 5,310,000 shares. Based on an average daily trading volume, of 3,710,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 2.0% of the company's shares are short sold. View Baidu's Current Options Chain.

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

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), salesforce.com (CRM) and Starbucks (SBUX).

Baidu's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.23%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%), Mercator Fund Cayman Master LP (0.02%), Advisors Capital Management LLC (0.01%), Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.01%) and Gateway Investment Advisers LLC (0.01%).

BIDU stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Hexavest Inc., Advisors Capital Management LLC, First Hawaiian Bank, Sanders Morris Harris LLC, KCS Wealth Advisory, We Are One Seven LLC and Janney Montgomery Scott LLC.

BIDU stock was bought by a variety of institutional investors in the last quarter, including Mercator Fund Cayman Master LP, Gateway Investment Advisers LLC, OLD National Bancorp IN, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Henry James International Management Inc., Zurcher Kantonalbank Zurich Cantonalbank , Foresight Wealth Management LLC and Hanson & Doremus Investment Management.

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 $135.58.

Baidu has a market capitalization of $47.36 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]