NASDAQ:IQIQIYI Stock Price, Forecast & News

IQIYI's stock was trading at $19.76 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, IQ shares have decreased by 13.6% and is now trading at $17.08. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IQIYI in the last year. There are currently 1 sell rating, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for IQIYI.

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

IQIYI Inc (NASDAQ:IQ) issued its quarterly earnings data on Monday, May, 18th. The company reported ($3.92) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.49) by $3.43. The business earned $7.60 billion during the quarter, compared to analysts' expectations of $7.27 billion. IQIYI had a negative return on equity of 102.31% and a negative net margin of 38.37%. The business's revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($1.97) EPS. View IQIYI's earnings history.

IQIYI updated 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 $1.02-1.08 billion, compared to the consensus revenue estimate of $1.08 billion.

13 brokerages have issued twelve-month price targets for IQIYI's shares. Their forecasts range from $20.00 to $27.00. On average, they expect IQIYI's share price to reach $22.31 in the next twelve months. This suggests a possible upside of 30.6% from the stock's current price. View analysts' price targets for IQIYI.

Media stories about IQ stock have been trending positive on Tuesday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. IQIYI earned a media sentiment score of 2.6 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutIQIYI.

Some companies that are related to IQIYI include ORIENTAL LD CO/ADR (OLCLY), Lululemon Athletica (LULU), Las Vegas Sands (LVS), Electronic Arts (EA), TAL Education Group (TAL), SANDS CHINA Ltd/ADR (SCHYY), Marriott International (MAR), Luxottica Group (LUXTY), Sirius XM (SIRI), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), ANTA Sports Products (ANPDF), VF (VFC), Hilton Hotels (HLT) and UNICHARM CORP/S (UNICY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other IQIYI investors own include Alibaba Group (BABA), NVIDIA (NVDA), JD.Com (JD), Square (SQ), Micron Technology (MU), Baidu (BIDU), TENCENT HOLDING/ADR (TCEHY), Netflix (NFLX), Shopify (SHOP) and Advanced Micro Devices (AMD).

(IQ) raised $2.3 billion in an initial public offering 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.

IQIYI trades on the NASDAQ under the ticker symbol "IQ."

IQIYI's stock is owned by many different retail and institutional investors. Top institutional investors include Morgan Stanley (1.45%), Morgan Stanley (1.45%), Deutsche Bank AG (1.10%), Krane Funds Advisors LLC (0.57%), Assenagon Asset Management S.A. (0.27%) and Barings LLC (0.20%).

IQ stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Canada Pension Plan Investment Board, Serenity Capital LLC, Pictet Asset Management Ltd., Deutsche Bank AG, TB Alternative Assets Ltd., and Sumitomo Mitsui Trust Holdings Inc..

IQ stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Krane Funds Advisors LLC, Taikang Asset Management Hong Kong Co Ltd, Zweig DiMenna Associates LLC, Barings LLC, Advisor Group Holdings Inc., SG Americas Securities LLC, and GW&K Investment Management LLC.

Shares of IQ 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.

One share of IQ stock can currently be purchased for approximately $17.08.

IQIYI has a market capitalization of $12.53 billion and generates $4.12 billion in revenue each year. The company earns $-1,482,850,000.00 in net income (profit) each year or ($2.03) on an earnings per share basis. IQIYI employs 8,889 workers across the globe.

The official website for IQIYI is www.iqiyi.com.

IQIYI's mailing address is 9/F IQIYI INNOVATION BUILDING NO.2 HAIDIAN NORTH STREET HAIDIAN, BEIJING F4, 100080. The company can be reached via phone at 86-10-6267-7171 or via email at [email protected]