What the Options Market Tells Us About Baidu
Portfolio Pulse from Benzinga Insights
Options market data indicates a bearish sentiment among large investors towards Baidu (NASDAQ:BIDU). The majority of recent trades are puts, suggesting expectations of a price decline. Analysts have mixed ratings, with price targets ranging from $125 to $180.
June 11, 2024 | 6:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Options market data reveals a bearish sentiment among large investors towards Baidu, with 54% of trades being bearish. Analysts have mixed ratings, with price targets ranging from $125 to $180.
The majority of recent options trades for Baidu are puts, indicating a bearish sentiment among large investors. This could lead to short-term downward pressure on the stock price. Additionally, mixed analyst ratings add to the uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100