Baidu - BIDU Stock Forecast, Price & News

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Baidu in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BIDU shares.
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16 analysts have issued 12 month price objectives for Baidu's stock. Their BIDU share price forecasts range from $109.00 to $224.00. On average, they expect the company's share price to reach $183.88 in the next year. This suggests a possible upside of 19.5% from the stock's current price.
View analysts price targets for BIDU or view top-rated stocks among Wall Street analysts.

Baidu's stock was trading at $114.38 at the beginning of 2023. Since then, BIDU stock has increased by 34.5% and is now trading at $153.82.
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Baidu saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 5,230,000 shares, a drop of 15.9% from the February 28th total of 6,220,000 shares. Based on an average daily volume of 3,820,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.9% of the shares of the stock are sold short.
View Baidu's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023.
View our BIDU earnings forecast.

ETFs with the largest weight of Baidu (NASDAQ:BIDU) stock in their portfolio include Invesco Golden Dragon China ETF (PGJ), Global X Social Media Index ETF (SOCL), Davis Select International ETF (DINT), First Trust Dow Jones International Internet ETF (FDNI), SmartETFs Advertising & Marketing Technology ETF (MRAD), Global X Emerging Markets Internet & Ecommerce ETF (EWEB), Columbia Emerging Markets Consumer ETF (ECON) and Capital Link Global Fintech Leaders ETF (KOIN).

Baidu announced that its board has initiated a stock buyback program on Wednesday, February 22nd 2023, which allows the company to repurchase $0.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

280 employees have rated Baidu Chief Executive Officer Robin Yanhong Li on Glassdoor.com. Robin Yanhong Li has an approval rating of 92% among the company's employees. This puts Robin Yanhong Li in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 76.0% of employees surveyed would recommend working at Baidu to a friend.

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), Walt Disney (DIS), Intel (INTC), Alphabet (GOOG), Boeing (BA) and JD.com (JD).

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

Baidu's stock is owned by a variety of institutional and retail investors. Top institutional investors include ARGA Investment Management LP (0.99%), Ariel Investments LLC (0.83%), Baillie Gifford & Co. (0.77%), Morgan Stanley (0.76%), Alkeon Capital Management LLC (0.73%) and Axiom Investors LLC DE (0.71%).

Shares of BIDU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BIDU stock can currently be purchased for approximately $153.82.

Baidu (NASDAQ:BIDU) has a market capitalization of $53.15 billion and generates $17.93 billion in revenue each year. The information services provider earns $1.10 billion in net income (profit) each year or $2.89 on an earnings per share basis.

The company employs 45,500 workers across the globe.

Baidu's mailing address is BAIDU CAMPUS NO. 10 SHANGDI 10TH STREET, BEIJING F4, 100085. The official website for the company is www.baidu.com. The information services provider can be reached via phone at 861059928888, via email at ir@baidu.com, or via fax at 86-10-5992-0000.