NASDAQ:BIDU - Baidu Stock Price, Forecast & News

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

Baidu declared that its board has approved a stock repurchase program on Thursday, May 16th 2019, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 1.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership 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 Wall Street analysts have issued twelve-month target prices for Baidu's stock. Their forecasts range from $118.00 to $221.00. On average, they expect Baidu's share price to reach $148.37 in the next year. 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.

News headlines about BIDU stock have been trending positive recently, according to InfoTrie. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Baidu earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned press coverage 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 company's share price in the immediate future. 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 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), 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 many different of retail and institutional 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 bought 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]