NASDAQ:IQ - IQIYI 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. Since then, IQ stock has decreased by 6.0% and is now trading at $18.58. View which stocks have been mosted impacted by Coronavirus.

12 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 4 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 Thursday, May 21st 2020. View our earnings forecast for IQIYI.

IQIYI Inc (NASDAQ:IQ) released its earnings results on Thursday, February, 27th. The company reported ($3.43) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.49) by $2.94. The company had revenue of $7.50 billion for the quarter, compared to analysts' expectations of $7.08 billion. IQIYI had a negative net margin of 35.49% and a negative return on equity of 76.62%. The firm's revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the company earned ($4.83) EPS. View IQIYI's earnings history.

IQIYI issued an update on its first quarter 2020 After-Hours earnings guidance on Thursday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.02-1.08 billion, compared to the consensus revenue estimate of $1.01 billion.

12 analysts have issued 12-month price targets for IQIYI's shares. Their forecasts range from $20.00 to $29.00. On average, they anticipate IQIYI's share price to reach $22.97 in the next year. This suggests a possible upside of 23.6% from the stock's current price. View analysts' price targets for IQIYI.

Press coverage about IQ stock has been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. IQIYI earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. View the latest news aboutIQIYI.

IQIYI saw a decline in short interest in the month of March. As of March 13th, there was short interest totaling 32,937,200 shares, a decline of 12.7% from the February 27th total of 37,710,000 shares. Based on an average daily volume of 6,395,200 shares, the short-interest ratio is currently 5.2 days. Approximately 10.5% of the company's shares are sold short. View IQIYI's Current Options Chain.

Some companies that are related to IQIYI include NINTENDO LTD/ADR (NTDOY), ADIDAS AG/S (ADDYY), Activision Blizzard (ATVI), ORIENTAL LD CO/ADR (OLCLY), Las Vegas Sands (LVS), TAL Education Group (TAL), SANDS CHINA Ltd/ADR (SCHYY), Electronic Arts (EA), Luxottica Group (LUXTY), Marriott International (MAR), Lululemon Athletica (LULU), VF (VFC), Sirius XM (SIRI), UNICHARM CORP/S (UNICY) and Liberty Broadband Corp Series C (LBRDK).

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), Shopify (SHOP), Netflix (NFLX) and Advanced Micro Devices (AMD).

(IQ) raised $2.3 billion in an IPO on Thursday, March 29th 2018. The company issued 125,000,000 shares at $17.00-$19.00 per share. Goldman Sachs (Asia), Credit Suisse and BofA Merrill Lynch acted 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 a number of institutional and retail investors. Top institutional investors include Credit Suisse AG (0.89%), Ward Ferry Management BVI Ltd (0.54%), Al Mehwar Commercial Investments LLC (0.54%), Krane Funds Advisors LLC (0.43%), Norges Bank (0.35%) and Myriad Asset Management Ltd. (0.25%).

IQ stock was sold by a variety of institutional investors in the last quarter, including Tiger Pacific Capital LP, Alberta Investment Management Corp, Swiss National Bank, Commerzbank Aktiengesellschaft FI, Caisse DE Depot ET Placement DU Quebec, Migdal Insurance & Financial Holdings Ltd., SeaBridge Investment Advisors LLC, and Panagora Asset Management Inc..

IQ stock was bought by a variety of institutional investors in the last quarter, including Al Mehwar Commercial Investments LLC, Norges Bank, Myriad Asset Management Ltd., TB Alternative Assets Ltd., York Capital Management Global Advisors LLC, Credit Suisse AG, Pictet Asset Management Ltd., and Point72 Asset Management L.P..

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 $18.58.

IQIYI has a market capitalization of $13.63 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 8,577 workers across the globe. View additional information about IQIYI.

The official website for IQIYI is http://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]