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 repurchase 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 repurchase up to 1.9% of its stock through open market purchases. Stock repurchase plans are typically 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 20th 2020. View Earnings Estimates for Baidu.

22 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 stock price to reach $148.37 in the next twelve months. This suggests a possible upside of 6.3% 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.

Headlines about BIDU stock have trended somewhat positive this week, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Baidu earned a news sentiment score of 0.7 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 news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Baidu.

Baidu saw a increase in short interest in the month of 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 currently 1.5 days. Currently, 2.0% of the company's stock are sold short. View Baidu's Current Options Chain.

Some companies that are related to Baidu include IHS Markit (INFO), Twitter (TWTR), Match Group (MTCH), Snap (SNAP), Zoom Video Communications (ZM), Yandex (YNDX), Trade Desk (TTD), Line (LN), Pinterest (PINS), 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), Starbucks (SBUX) and salesforce.com (CRM).

Baidu's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.23%), Advisors Capital Management LLC (0.01%), Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.01%), Gateway Investment Advisers LLC (0.01%), Hexavest Inc. (0.01%) and Henry James International Management Inc. (0.00%).

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 Moisand Fitzgerald Tamayo LLC.

BIDU stock was purchased by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, OLD National Bancorp IN, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Henry James International Management Inc., Foresight Wealth Management LLC, Hanson & Doremus Investment Management, Huntington National Bank and Sage Capital Advisors 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 $139.61.

Baidu has a market capitalization of $48.77 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]