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 share repurchase program on Thursday, May 16th 2019, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 1.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its shares are 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 updated 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 brokerages have issued twelve-month target prices for Baidu's shares. Their forecasts range from $118.00 to $221.00. On average, they expect Baidu's stock price to reach $147.36 in the next year. 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.

Media headlines about BIDU stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Baidu earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned news stories 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 impact on the stock's share price in the immediate future. View News Stories for Baidu.

Baidu saw a increase in short interest during 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 volume of 3,990,000 shares, the short-interest ratio is presently 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 many different 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 acquired 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.