NASDAQ:BIDU - Baidu Stock Price, Forecast & News

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

Baidu declared that its board has initiated a stock repurchase plan 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 shares through open market purchases. Shares repurchase plans are generally 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 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.

21 brokerages 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 $145.89 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets for Baidu.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baidu in the last year. There are currently 7 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Baidu.

News headlines about BIDU stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Baidu earned a news sentiment score of 1.6 on InfoTrie's scale. They also assigned media coverage 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 several days. View News Stories for Baidu.

Baidu saw a increase in short interest during 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 volume of 3,710,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.0% of the company's shares 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), 58.com (WUBA), Weibo (WB), 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 number of of institutional and retail investors. Top institutional shareholders include Marathon Asset Management LLP (0.41%), Commerzbank Aktiengesellschaft FI (0.23%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%), Mercator Fund Cayman Master LP (0.02%), Advisors Capital Management LLC (0.01%) and Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.01%).

BIDU stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Marathon Asset Management LLP, Hexavest Inc., Advisors Capital Management LLC, First Hawaiian Bank, Sanders Morris Harris LLC, KCS Wealth Advisory and DAVENPORT & Co LLC.

BIDU stock was purchased by a variety of institutional investors in the last quarter, including Mercator Fund Cayman Master LP, Gateway Investment Advisers LLC, Patriot Financial Group Insurance Agency LLC, OLD National Bancorp IN, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Henry James International Management Inc., Rothschild Investment Corp IL and Allen Capital Group 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 $134.80.

Baidu has a market capitalization of $47.09 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]