NASDAQ:IQ - IQIYI Stock Price, Forecast & News

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

IQIYI Inc (NASDAQ:IQ) released its quarterly earnings data on Thursday, February, 27th. The company reported ($3.43) earnings per share for the quarter, missing analysts' consensus estimates of ($0.49) by $2.94. The company had revenue of $7.50 billion for the quarter, compared to analyst estimates of $7.08 billion. IQIYI had a negative net margin of 39.47% and a negative return on equity of 72.51%. The firm's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period in the previous year, the firm posted ($4.83) earnings per share. View IQIYI's Earnings History.

IQIYI is scheduled to release their next quarterly earnings announcement on Thursday, May 21st 2020. View Earnings Estimates for IQIYI.

IQIYI issued an update on its first quarter 2020 After-Hours earnings guidance on Thursday, February, 27th. 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 $1.01 billion.

13 analysts have issued 12-month price objectives for IQIYI's shares. Their forecasts range from $19.00 to $29.00. On average, they anticipate IQIYI's stock price to reach $21.83 in the next twelve months. This suggests that the stock has a possible downside of 2.3%. View Analyst Price Targets for IQIYI.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IQIYI in the last year. There are currently 2 sell ratings, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for IQIYI.

Headlines about IQ stock have been trending very negative on Friday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. IQIYI earned a coverage optimism score of -3.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for IQIYI.

IQIYI saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 37,870,000 shares, a decline of 7.2% from the January 15th total of 40,830,000 shares. Based on an average daily trading volume, of 6,610,000 shares, the days-to-cover ratio is currently 5.7 days. Currently, 12.1% of the company's stock are short sold. View IQIYI's Current Options Chain.

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

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 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's stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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%), Myriad Asset Management Ltd. (0.25%) and TB Alternative Assets 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, Myriad Asset Management Ltd., TB Alternative Assets Ltd., York Capital Management Global Advisors LLC, Credit Suisse AG, Pictet Asset Management Ltd., Point72 Asset Management L.P. and Global Thematic Partners 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 $22.35.

IQIYI has a market capitalization of $16.21 billion and generates $3.63 billion in revenue each year. The company earns $-1,324,960,000.00 in net income (profit) each year or ($2.47) 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]