NASDAQ:IQ

iQIYI (IQ) Stock Forecast, Price & News

$4.74

+0.10 (+2.16%)

(As of 09/29/2023 ET)

Compare

Today's Range: $4.71
▼
$4.85
50-Day Range: $4.60
▼
$6.34
52-Week Range: $1.65
▼
$7.99

Volume: 3.72 million shs
Average Volume: 6.13 million shs
Market Capitalization: $4.49 billion

P/E Ratio: 67.72
Dividend Yield: N/A
Price Target: $6.94

iQIYI MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 46.5% Upside
$6.94 Price Target
Short Interest: Bearish
10.17% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.77
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 76.92%
From $0.26 to $0.46 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.42 out of 5 stars

Consumer Discretionary Sector

121st out of 273 stocks

Video Tape Rental Industry

2nd out of 3 stocks

3.3

Analyst's Opinion

Consensus Rating
iQIYI has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.94, iQIYI has a forecasted upside of 46.5% from its current price of $4.74.
Amount of Analyst Coverage
iQIYI has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
10.17% of the float of iQIYI has been sold short.
Short Interest Ratio / Days to Cover
iQIYI has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in iQIYI has recently decreased by 0.65%, indicating that investor sentiment is improving.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IQ.

3.2

News and Social Media Coverage

News Sentiment
iQIYI has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for iQIYI this week, compared to 3 articles on an average week.
Search Interest
8 people have searched for IQ on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added iQIYI to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, iQIYI insiders have not sold or bought any company stock.
Percentage Held by Insiders
57.82% of the stock of iQIYI is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 30.65% of the stock of iQIYI is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for iQIYI are expected to grow by 76.92% in the coming year, from $0.26 to $0.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of iQIYI is 67.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of iQIYI is 67.72, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.74.
Price to Book Value per Share Ratio
iQIYI has a P/B Ratio of 4.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About iQIYI (NASDAQ:IQ) Stock

iQIYI, Inc., together with its subsidiaries, provides online entertainment video services in the People's Republic of China. It offers various products and services, including online video, online games, online literature, animations, and other products. The company operates a platform that provides a collection of internet video content, such as professionally produced content licensed from professional content providers and self-produced content. It also offers membership, online advertising, content distribution, and live broadcasting services. In addition, the company operates iQIYI Show, a live broadcasting platform that enables users to follow their favorite hosts and shows in real time through live broadcasting; and iQIYI Lite, which offers an easy and quick access to the personalized videos based on their user preferences. Further, it is involved in the talent agency and IP licensing activities, as well as engages in developing a video community app. The company was formerly known as Qiyi.com, Inc. and changed its name to iQIYI, Inc. in November 2017. iQIYI, Inc. was incorporated in 2009 and is headquartered in Beijing, China. iQIYI, Inc. is a subsidiary of Baidu, Inc.

IQ Price History

30 days | 90 days | 365 days | Advanced Chart

IQ Stock News Headlines

October 1, 2023 | americanbankingnews.com

iQIYI (NASDAQ:IQ) Shares Gap Up to $4.64

September 28, 2023 | americanbankingnews.com

iQIYI, Inc. (NASDAQ:IQ) Receives Consensus Rating of "Moderate Buy" from Brokerages

October 1, 2023 | Legacy Research (Ad)

WARNING: Mandatory U.S. Dollar Recall is Weeks Away

If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.

September 27, 2023 | finance.yahoo.com

iQIYI Debuts Karaoke Mode in "Big Band Season 3", Providing Interactive and Immersive Viewing Experience

September 24, 2023 | americanbankingnews.com

iQIYI (NASDAQ:IQ) Shares Gap Up to $4.63

September 22, 2023 | msn.com

AI will disrupt live-streaming but is not about to replace writers and directors, iQiyi executive says

September 22, 2023 | finance.yahoo.com

iQIYI Unveils 282 New Titles at 2023 iJOY Conference, Prioritizing Relatable Content for Ordinary People

September 13, 2023 | benzinga.com

Check Out What Whales Are Doing With iQIYI

October 1, 2023 | Legacy Research (Ad)

WARNING: Mandatory U.S. Dollar Recall is Weeks Away

September 13, 2023 | finance.yahoo.com

What Makes iQIYI (IQ) a Prospective Investment Opportunity?

September 13, 2023 | sg.style.yahoo.com

Luo Zheng met with hundreds of fans at first Malaysian fan meeting

September 5, 2023 | finance.yahoo.com

iQIYI Drama "My Journey To You" Debuts, Displaying Chinese Aesthetics

August 31, 2023 | seekingalpha.com

iQIYI: Path To Sustainable Profitable Growth Continues

August 28, 2023 | finance.yahoo.com

iQIYI North America Celebrates 3rd year Anniversary and Launches "The Rap of China" Global Audition

August 25, 2023 | finance.yahoo.com

What Makes iQIYI, Inc. Sponsored ADR (IQ) a New Buy Stock

August 25, 2023 | finance.yahoo.com

iQIYI Leverages AIGC to Improve Content Production and Marketing Efficiency

August 24, 2023 | msn.com

Benchmark Maintains iQIYI Inc - ADR (IQ) Buy Recommendation

August 23, 2023 | msn.com

From Kuaishou to iQiyi, Chinese tech firms see stronger profits as they tout potential of generative AI

August 23, 2023 | benzinga.com

This Is What Whales Are Betting On iQIYI

August 23, 2023 | finance.yahoo.com

iQIYI, Inc. (NASDAQ:IQ) Q2 2023 Earnings Call Transcript

August 23, 2023 | finance.yahoo.com

Q2 2023 iQIYI Inc Earnings Call

August 22, 2023 | seekingalpha.com

iQIYI Non-GAAP EPS of $0.10 beats by $0.03, revenue of $1.1B beats by $30M

August 21, 2023 | benzinga.com

A Preview Of iQIYI's Earnings

August 21, 2023 | markets.businessinsider.com

Here's what Wall Street expects from iQiyi's earnings report

August 21, 2023 | finance.yahoo.com

iQIYI (NASDAQ:IQ) sheds US$488m, company earnings and investor returns have been trending downwards for past five years

August 4, 2023 | finance.yahoo.com

iQIYI Cloud Cinema Releases Gain Wide-spread Popularity with Strong Box office Performance

August 2, 2023 | finance.yahoo.com

HK's Leading Carrier for OTT Just Got Better - HKBN Now Offering iQIYI

See More Headlines

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IQ Company Calendar

Last Earnings: 8/22/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/28/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Video tape rental
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:IQ
CUSIP: N/A
CIK: 1722608
Web: www.iqiyi.com
Phone: 861062677171
Fax: N/A
Employees: 4,981
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $6.94
High Stock Price Forecast: $11.00
Low Stock Price Forecast: $2.60
Forecasted Upside/Downside: +46.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.63
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.07
Trailing P/E Ratio: 67.72
Forward P/E Ratio: 18.23
P/E Growth: N/A
Net Income: $-19,750,000.00
Net Margins: 1.44%
Pretax Margin: 3.18%
Return on Equity: 5.25%
Return on Assets: 0.94%

Debt

Debt-to-Equity Ratio: 1.07
Current Ratio: 0.58
Quick Ratio: 0.58

Sales & Book Value

Annual Sales: $4.20 billion
Price / Sales: 1.07
Cash Flow: $1.25 per share
Price / Cash Flow: 3.80
Book Value: $0.97 per share
Price / Book: 4.89

Miscellaneous

Outstanding Shares: 946,320,000
Free Float: 399,157,000
Market Cap: $4.49 billion
Optionable: Optionable
Beta: 0.66

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Key Executives

Dr. Tim Gong Yu (Age 54)
Founder, CEO & Director

Mr. Jun Wang (Age 44)
Chief Financial Officer

Mr. Wenfeng Liu (Age 44)
Chief Technology Officer

Ms. Chang Yu
IR Director

Mr. Xiaohui Wang (Age 54)
Chief Content Officer

Mr. Xianghua Yang (Age 46)
Sr. VP and Pres of Membership & Overseas Bus. Group

Mr. Youqiao Duan (Age 53)
Sr. VP of Intelligent Device Bus.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

IQ Stock - Frequently Asked Questions

Should I buy or sell iQIYI stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for iQIYI in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IQ shares.
View IQ analyst ratings or view top-rated stocks.
What is iQIYI's stock price forecast for 2023?: 8 brokerages have issued 12-month target prices for iQIYI's stock. Their IQ share price forecasts range from $2.60 to $11.00. On average, they predict the company's share price to reach $6.94 in the next year. This suggests a possible upside of 46.5% from the stock's current price.
View analysts price targets for IQ or view top-rated stocks among Wall Street analysts.
How have IQ shares performed in 2023?: iQIYI's stock was trading at $5.30 on January 1st, 2023. Since then, IQ shares have decreased by 10.6% and is now trading at $4.74.
View the best growth stocks for 2023 here.
When is iQIYI's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 28th 2023.
View our IQ earnings forecast.
How were iQIYI's earnings last quarter?: iQIYI, Inc. (NASDAQ:IQ) posted its quarterly earnings data on Tuesday, August, 22nd. The company reported $0.05 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.05. The firm earned $1.11 billion during the quarter, compared to the consensus estimate of $1.08 billion. iQIYI had a net margin of 1.44% and a trailing twelve-month return on equity of 5.25%.
What ETFs hold iQIYI's stock?: ETFs with the largest weight of iQIYI (NASDAQ:IQ) stock in their portfolio include Global X NASDAQ China Technology ETF (CHIC), iShares Virtual Work and Life Multisector ETF (IWFH), Clouty Tune ETF (TUNE), Principal Millennial Global Growth ETF (GENY), KraneShares CSI China Internet ETF (KWEB), Invesco Golden Dragon China ETF (PGJ), SPDR FactSet Innovative Technology ETF (XITK) and Global X Emerging Markets Internet & Ecommerce ETF (EWEB).

What other stocks do shareholders of iQIYI own?: Based on aggregate information from My MarketBeat watchlists, some companies that other iQIYI investors own include Alibaba Group (BABA), NVIDIA (NVDA), Block (SQ), JD.com (JD), Micron Technology (MU), Baidu (BIDU), Tencent (TCEHY), Shopify (SHOP), Netflix (NFLX) and Advanced Micro Devices (AMD).
When did iQIYI IPO?: (IQ) raised $2.3 billion in an initial public offering (IPO) on Thursday, March 29th 2018. The company issued 125,000,000 shares at a price of $17.00-$19.00 per share. Goldman Sachs (Asia), Credit Suisse and BofA Merrill Lynch served as the underwriters for the IPO and China Renaissance, Citigroup and UBS Investment Bank were co-managers.
What is iQIYI's stock symbol?: iQIYI trades on the NASDAQ under the ticker symbol "IQ."
How do I buy shares of iQIYI?: Shares of IQ 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.
Compare Top Brokerages Here.
What is iQIYI's stock price today?: One share of IQ stock can currently be purchased for approximately $4.74.
How much money does iQIYI make?: iQIYI (NASDAQ:IQ) has a market capitalization of $4.49 billion and generates $4.20 billion in revenue each year. The company earns $-19,750,000.00 in net income (profit) each year or $0.07 on an earnings per share basis.
How many employees does iQIYI have?: The company employs 4,981 workers across the globe.
How can I contact iQIYI?: iQIYI's mailing address is 9/F IQIYI INNOVATION BUILDING NO.2 HAIDIAN NORTH STREET HAIDIAN, BEIJING F4, 100080. The official website for the company is www.iqiyi.com. The company can be reached via phone at 861062677171 or via email at ir@qiyi.com.

This page (NASDAQ:IQ) was last updated on 10/1/2023 by MarketBeat.com Staff

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