NASDAQ:IQIQIYI Stock Price, Forecast & News

IQIYI's stock was trading at $19.76 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IQ shares have increased by 15.2% and is now trading at $22.77.
View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IQIYI in the last year. There are currently 1 sell rating, 6 hold ratings and 3 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) released its quarterly earnings results on Monday, May, 18th. The company reported ($3.92) earnings per share for the quarter, missing the consensus estimate of ($0.49) by $3.43. The company had revenue of $7.60 billion for 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 quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the firm 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.

10 analysts have issued 1 year price objectives for IQIYI's stock. Their forecasts range from $20.00 to $27.00. On average, they expect IQIYI's stock price to reach $23.00 in the next year. This suggests a possible upside of 1.0% from the stock's current price.
View analysts' price targets for IQIYI.

News coverage about IQ stock has been trending somewhat negative recently, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing 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 positive five, with scores nearest to five being the most favorable. IQIYI earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.
View the latest news about IQIYI.

Some companies that are related to IQIYI include Activision Blizzard (ATVI), NINTENDO LTD/ADR (NTDOY), ADIDAS AG/S (ADDYY), TAL Education Group (TAL), Lululemon Athletica (LULU), Electronic Arts (EA), ORIENTAL LD CO/ADR (OLCLY), Las Vegas Sands (LVS), SANDS CHINA Ltd/ADR (SCHYY), Marriott International (MAR), Luxottica Group (LUXTY), UNICHARM CORP/S (UNICY), Liberty Broadband Corp Series C (LBRDK), Sirius XM (SIRI) and Liberty Broadband Corp Series A (LBRDA).
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 KEYWISE CAPITAL MANAGEMENT HK Ltd (0.12%), Sumitomo Mitsui Trust Holdings Inc. (0.09%), SG Americas Securities LLC (0.09%), Global Thematic Partners LLC (0.08%), TB Alternative Assets Ltd. (0.07%) and Newport Asia LLC (0.06%).

IQ stock was sold by a variety of institutional investors in the last quarter, including TB Alternative Assets Ltd., Global Thematic Partners LLC, Nepsis Inc., First Trust Advisors LP, Sumitomo Mitsui Trust Holdings Inc., Cambridge Investment Research Advisors Inc., and Profund Advisors LLC.

IQ stock was acquired by a variety of institutional investors in the last quarter, including KEYWISE CAPITAL MANAGEMENT HK Ltd, Newport Asia LLC, SG Americas Securities LLC, Swiss National Bank, Zurcher Kantonalbank Zurich Cantonalbank, Leap Investments LP, Gulf International Bank UK Ltd, and E Fund Management Hong Kong Co. Ltd..

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 $22.77.

IQIYI has a market capitalization of $16.71 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]