Baidu (BIDU) Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Baidu in the last twelve months. There are currently 1 hold rating and 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BIDU shares.
View BIDU analyst ratings or view top-rated stocks.

17 brokerages have issued 1-year price objectives for Baidu's stock. Their BIDU share price forecasts range from $120.00 to $224.00. On average, they predict the company's share price to reach $185.00 in the next year. This suggests a possible upside of 48.3% 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 on January 1st, 2023. Since then, BIDU stock has increased by 9.1% and is now trading at $124.74.
View the best growth stocks for 2023 here.

Baidu saw a decline in short interest in April. As of April 30th, there was short interest totaling 5,210,000 shares, a decline of 9.2% from the April 15th total of 5,740,000 shares. Based on an average trading volume of 3,640,000 shares, the short-interest ratio is currently 1.4 days. Approximately 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 Tuesday, August 29th 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), Davis Select International ETF (DINT), Global X Social Media Index ETF (SOCL), SmartETFs Advertising & Marketing Technology ETF (MRAD), Global X Emerging Markets Internet & E-commerce ETF (EWEB), Columbia Emerging Markets Consumer ETF (ECON), Capital Link Global Fintech Leaders ETF (KOIN) and VictoryShares Nasdaq Next 50 ETF (QQQN).

Baidu announced that its Board of Directors has initiated a stock repurchase program on Wednesday, February 22nd 2023, which authorizes the company to repurchase $0.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire 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 many different institutional and retail investors. Top institutional investors include Dodge & Cox (0.91%), ARGA Investment Management LP (0.87%), Baillie Gifford & Co. (0.77%), Price T Rowe Associates Inc. MD (0.50%), Arrowstreet Capital Limited Partnership (0.50%) and Axiom Investors LLC DE (0.50%).

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 $124.74.

Baidu (NASDAQ:BIDU) has a market capitalization of $43.10 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 41,300 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.