iQIYI, Inc. Sponsored ADR (NASDAQ:IQ) Receives Consensus Rating of "Hold" from Analysts

Key Points

• The consensus rating is "Hold" from four analysts (1 sell, 1 hold, 2 buy), with an average 12‑month price target of $2.5467.
• iQIYI shares opened at $1.23 and trade well below the 200‑day moving average ($1.79), with a 1‑year range of $1.07–$2.84 and a negative P/E of −41.
• 52.69% of the stock is owned by institutions, and recent notable inflows include UBS adding 1,716,011 shares, indicating significant institutional buying activity.

iQIYI, Inc. Sponsored ADR (NASDAQ:IQ - Get Free Report) has earned a consensus rating of "Hold" from the four ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $2.5467.

Several research analysts recently commented on the company. Jefferies Financial Group reiterated a "buy" rating and issued a $2.22 price target on shares of iQIYI in a research note on Thursday, February 26th. Wall Street Zen lowered iQIYI from a "hold" rating to a "sell" rating in a research note on Sunday, April 26th. Weiss Ratings restated a "sell (d)" rating on shares of iQIYI in a report on Friday, March 27th. Finally, Zacks Research upgraded iQIYI from a "strong sell" rating to a "hold" rating in a research note on Thursday, March 12th.

iQIYI Stock Performance

NASDAQ:IQ opened at $1.23 on Thursday. The firm has a 50-day moving average of $1.34 and a two-hundred day moving average of $1.79. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.47 and a quick ratio of 0.47. The stock has a market cap of $1.19 billion, a P/E ratio of -41.00 and a beta of 0.19. iQIYI has a 1-year low of $1.07 and a 1-year high of $2.84.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in IQ. Parallel Advisors LLC grew its holdings in iQIYI by 20.8% during the 4th quarter. Parallel Advisors LLC now owns 29,472 shares of the company's stock worth $57,000 after acquiring an additional 5,077 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of iQIYI by 1.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 432,300 shares of the company's stock valued at $1,107,000 after purchasing an additional 6,900 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of iQIYI by 4.4% in the 1st quarter. Bank of New York Mellon Corp now owns 534,118 shares of the company's stock valued at $721,000 after purchasing an additional 22,662 shares in the last quarter. Catalyst Funds Management Pty Ltd bought a new position in shares of iQIYI during the fourth quarter worth about $1,205,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of iQIYI by 393.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,152,263 shares of the company's stock worth $4,864,000 after purchasing an additional 1,716,011 shares during the last quarter. 52.69% of the stock is currently owned by institutional investors.

About iQIYI

iQIYI, Inc is a leading online entertainment service provider headquartered in Beijing, China, offering a comprehensive portfolio of streaming video content across multiple genres. The company operates a subscription-based video-on-demand (SVOD) platform, complemented by advertising-supported content (AVOD) and pay-per-view offerings. Its digital library encompasses original series, feature films, variety shows, animation and documentaries, catering to diverse demographic segments and viewer preferences.

Originally launched by Baidu in 2010 as an online video site, iQIYI was formally rebranded in early 2012 and has since expanded its footprint beyond China's domestic market.

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