NASDAQ:BIDUBaidu Stock Price, Forecast & News

$114.40

+5.34 (+4.90 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$111.49

Now: $114.40▼

$115.20

50-Day Range

$94.76

MA: $102.41▼

$112.45

52-Week Range

$82.00

Now: $114.40▼

$147.38

Volume4.24 million shs

Average Volume6.07 million shs

Market Capitalization$39.56 billion

P/E Ratio113.27

Dividend YieldN/A

Beta1.42

Baidu, Inc. provides Internet search services in China and internationally. It operates through two segments, Baidu Core and iQIYI. The Baidu Core segment offers products for uses, including Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services through its other properties and Union partners; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Haokan, a short video app; and Quanmin, a flash video app for users to create and share short videos. It also provides Baidu Post Bar, a social media platform; Baidu Knows, a question-and-answer community where questions are asked, answered, and organized by users; Baidu Encyclopedia; Baidu Maps that offers locations, and intelligent routing and navigation services; Baidu Input Method Editor (IME), a Chinese-language mobile keyboard; Baidu WenKu; Baijiahao; and DuerOS, a voice assistant platform. In addition, this segment offers online marketing services, which include pay for performance (P4P), an auction-based services that allow customers to bid for priority placement of paid sponsored links and reach users who search for information related to their products or services; Non-P4P services provide display-based marketing services and other online marketing services based on performance criteria other than cost per click; Apollo, an open source autonomous driving platform; and Baidu Cloud primarily provides AI solutions, cloud infrastructure, and other services to enterprises and individuals. The iQIYI segment provides online entertainment service, including original and licensed content; membership services; and online advertising services. The company was formerly known as Baidu.com, Inc. and changed its name to Baidu, Inc. in December 2008. Baidu, Inc. was founded in 2000 and is headquartered in Beijing, China.

Beat the Market (BTM) Rank^™

4.4 Analyst's Opinion

Consensus Rating
Baidu has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 17 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $145.07, Baidu has a potential upside of 26.8% from its current price of $114.40.
Amount of Analyst Coverage
Baidu has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.2 Community Rank

Outperform Votes
Baidu has received 1,471 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Baidu has received 808 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Baidu has received 64.55% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Baidu and other stocks. Vote “Outperform” if you believe BIDU will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BIDU will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Baidu does not currently pay a dividend.
Dividend Growth
Baidu does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Baidu insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 16.70% of the stock of Baidu is held by insiders.
Percentage Held by Institutions
53.38% of the stock of Baidu is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Baidu are expected to grow by 119.08% in the coming year, from $3.25 to $7.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Baidu is 113.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Baidu is 113.27, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 51.09.
Price to Earnings Growth Ratio
Baidu has a PEG Ratio of 4.79. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Baidu has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.09 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Computer programming, data processing, & other computer related

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:BIDU

Previous Symbol

CUSIPN/A

CIK1329099

Webwww.baidu.com

Phone86-10-5992-8888

Debt

Debt-to-Equity Ratio0.35

Current Ratio2.95

Quick Ratio2.95

Price-To-Earnings

Trailing P/E Ratio113.27

Forward P/E Ratio35.20

P/E Growth4.79

Sales & Book Value

Annual Sales$15.43 billion

Price / Sales2.56

Cash Flow$14.04 per share

Price / Cash Flow8.15

Book Value$71.32 per share

Price / Book1.60

Profitability

EPS (Most Recent Fiscal Year)$5.36

Net Income$296 million

Net Margins2.49%

Return on Equity8.69%

Return on Assets4.93%

Miscellaneous

Employees37,779

Outstanding Shares345,830,000

Market Cap$39.56 billion

Next Earnings Date8/17/2020 (Estimated)

OptionableOptionable

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Baidu (NASDAQ:BIDU) Frequently Asked Questions

How has Baidu's stock been impacted by COVID-19 (Coronavirus)?

Baidu's stock was trading at $108.25 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BIDU stock has increased by 5.7% and is now trading at $114.40. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Baidu?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baidu in the last year. There are currently 7 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Baidu.

When is Baidu's next earnings date?

Baidu is scheduled to release its next quarterly earnings announcement on Monday, August 17th 2020. View our earnings forecast for Baidu.

How will Baidu's stock buyback program work?

Baidu declared that its Board of Directors has authorized a share repurchase program on Thursday, May 16th 2019, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 1.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

What guidance has Baidu issued on next quarter's earnings?

Baidu issued an update on its second quarter 2020 After-Hours earnings guidance on Monday, May, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.5-3.9 billion, compared to the consensus revenue estimate of $3.62 billion.

What price target have analysts set for BIDU?

24 Wall Street analysts have issued twelve-month price targets for Baidu's stock. Their forecasts range from $118.00 to $191.00. On average, they expect Baidu's share price to reach $145.07 in the next year. This suggests a possible upside of 26.8% from the stock's current price. View analysts' price targets for Baidu.

Has Baidu been receiving favorable news coverage?

Media coverage about BIDU stock has trended negative on Saturday, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Baidu earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news headlines about the information services provider a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the near term. View the latest news aboutBaidu.

Are investors shorting Baidu?

Baidu saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,270,000 shares, an increase of 34.1% from the April 30th total of 3,930,000 shares. Based on an average daily volume of 4,550,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.9% of the shares of the stock are short sold. View Baidu's Current Options Chain.

Who are some of Baidu's key competitors?

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

What other stocks do shareholders of Baidu own?

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), Alphabet (GOOG), Intel (INTC), salesforce.com (CRM) and Starbucks (SBUX).

Who are Baidu's key executives?

Baidu's management team includes the following people:

Mr. Yanhong Li, Co-Founder, Chairman & CEO (Age 50)
Mr. Cheng-Chun Yu, Chief Financial Officer (Age 49)
Sharon Ng, Director of Ir
Mr. Victor Liang, VP & Gen. Counsel
Ms. Shanshan Cui, VP of HR

What is Baidu's stock symbol?

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

Who are Baidu's major shareholders?

Baidu's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.80%), Primecap Management Co. CA (2.13%), State Street Corp (1.89%), Baillie Gifford & Co. (1.51%), Franklin Resources Inc. (1.22%) and Morgan Stanley (0.78%).

Which major investors are selling Baidu stock?

BIDU stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Franklin Resources Inc., Commerzbank Aktiengesellschaft FI, BlackRock Inc., Nikko Asset Management Americas Inc., Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., and Canada Pension Plan Investment Board.

Which major investors are buying Baidu stock?

BIDU stock was acquired by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Greenwoods Asset Management Ltd, Assenagon Asset Management S.A., Prudential PLC, APG Asset Management N.V., State Street Corp, Russell Investments Group Ltd., and Krane Funds Advisors LLC.

How do I buy shares of Baidu?

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.

What is Baidu's stock price today?

One share of BIDU stock can currently be purchased for approximately $114.40.

How big of a company is Baidu?

Baidu has a market capitalization of $39.56 billion and generates $15.43 billion in revenue each year. The information services provider earns $296 million in net income (profit) each year or $5.36 on an earnings per share basis. Baidu employs 37,779 workers across the globe.

What is Baidu's official website?

The official website for Baidu is www.baidu.com.

How can I contact Baidu?

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff