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 buyback program on Thursday, May 16th 2019, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 1.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board 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 updated its fourth quarter 2019 After-Hours earnings guidance on Friday, January, 31st. The company provided 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 brokers have issued twelve-month price targets for Baidu's shares. Their forecasts range from $118.00 to $221.00. On average, they expect Baidu's share price to reach $147.36 in the next twelve months. This suggests a possible upside of 19.3% 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.

Headlines about BIDU stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of press coverage by analyzing 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 closest to five being the most favorable. Baidu earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave press coverage about the information services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Baidu.

Baidu saw a drop in short interest in the month of February. As of February 14th, there was short interest totalling 5,150,000 shares, a drop of 21.5% from the January 30th total of 6,560,000 shares. Based on an average trading volume of 3,710,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.9% of the company's shares are short sold. View Baidu's Current Options Chain.

Some companies that are related to Baidu include IHS Markit (INFO), Zoom Video Communications (ZM), Twitter (TWTR), Snap (SNAP), Match Group (MTCH), Yandex (YNDX), Trade Desk (TTD), Pinterest (PINS), Line (LN), FactSet Research Systems (FDS), Weibo (WB), 58.com (WUBA), InterXion (INXN), Stars Group (TSG) and GDS (GDS).

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 Wealth Quarterback LLC (16.25%), Artisan Partners Limited Partnership (2.02%), State Street Corp (1.73%), Franklin Resources Inc. (1.73%), Baillie Gifford & Co. (1.49%) and Massachusetts Financial Services Co. MA (1.21%).

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 bought by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, 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 and M&G Investment Management Ltd..

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 $123.54.

Baidu has a market capitalization of $43.16 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]