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 approved 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 purchase up to 1.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is 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 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 12 month price targets for Baidu's stock. Their forecasts range from $118.00 to $221.00. On average, they expect Baidu's share price to reach $147.36 in the next year. 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.

News coverage about BIDU stock has been trending somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Baidu earned a news impact score of 2.0 on InfoTrie's scale. They also gave headlines about the information services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Baidu.

Baidu saw a decrease in short interest during the month of February. As of February 14th, there was short interest totalling 5,150,000 shares, a decrease of 21.5% from the January 30th total of 6,560,000 shares. Based on an average daily volume of 3,710,000 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.9% of the shares of the stock 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 a number of of retail and institutional investors. Top institutional shareholders 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]