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 stock repurchase program on Thursday, May 16th 2019, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 1.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

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

Baidu will be holding an earnings conference call on Thursday, February 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

20 analysts have issued 12 month price objectives for Baidu's shares. Their forecasts range from $118.00 to $221.00. On average, they anticipate Baidu's share price to reach $145.89 in the next twelve months. This suggests a possible upside of 14.9% 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.

Media headlines about BIDU stock have been trending extremely negative recently, according to InfoTrie. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Baidu earned a news impact score of -4.3 on InfoTrie's scale. They also gave media headlines about the information services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Baidu.

Baidu saw a increase in short interest in January. As of January 15th, there was short interest totalling 5,610,000 shares, an increase of 5.6% from the December 31st total of 5,310,000 shares. Based on an average daily volume of 3,720,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 2.0% of the shares of the company are sold short. 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), FactSet Research Systems (FDS), Weibo (WB), 58.com (WUBA), Wix.Com (WIX), Stars Group (TSG) 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), Starbucks (SBUX) and salesforce.com (CRM).

Baidu's stock is owned by many different of retail and institutional investors. Top institutional investors include Marathon Asset Management LLP (0.41%), Commerzbank Aktiengesellschaft FI (0.23%), California Public Employees Retirement System (0.19%), M&G Investment Management Ltd. (0.11%), Nepsis Inc. (0.02%) and Zurcher Kantonalbank Zurich Cantonalbank (0.02%).

BIDU stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Marathon Asset Management LLP, SG Americas Securities LLC, Hexavest Inc., Advisors Capital Management LLC, Deltec Asset Management LLC, Everett Harris & Co. CA and LeJeune Puetz Investment Counsel LLC.

BIDU stock was acquired by a variety of institutional investors in the last quarter, including M&G Investment Management Ltd., California Public Employees Retirement System, Mercator Fund Cayman Master LP, Premier Asset Management LLC, Acorn Financial Advisory Services Inc. ADV, Gateway Investment Advisers LLC, Patriot Financial Group Insurance Agency LLC and OLD National Bancorp IN.

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 $126.93.

Baidu has a market capitalization of $44.34 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]