NASDAQ:BIDU - Baidu Stock Price, Forecast & News

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

Baidu declared that its Board of Directors has approved a share repurchase 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 stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are 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 Wall Street analysts have issued 12-month target prices for Baidu's stock. Their forecasts range from $118.00 to $221.00. On average, they expect Baidu's stock price to reach $145.89 in the next twelve months. This suggests a possible upside of 12.2% 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 stories about BIDU stock have been trending very positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Baidu earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned headlines about the information services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. 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 trading volume, of 3,710,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 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), Weibo (WB), 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 a number of of institutional and retail investors. Top institutional shareholders include Marathon Asset Management LLP (0.41%), Commerzbank Aktiengesellschaft FI (0.23%), Nepsis Inc. (0.02%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%), Mercator Fund Cayman Master LP (0.02%) and Premier Asset Management LLC (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, Valeo Financial Advisors LLC, Sanders Morris Harris LLC and KCS Wealth Advisory.

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

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 $130.00.

Baidu has a market capitalization of $45.41 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]