NASDAQ:IQIQIYI Stock Price, Forecast & News

IQIYI's stock was trading at $19.76 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, IQ shares have increased by 16.5% and is now trading at $23.02. View which stocks have been most 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 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 for the quarter, missing the Thomson Reuters' consensus estimate of ($0.49) by $3.43. The company had revenue of $7.60 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the business earned ($1.97) earnings per share. View IQIYI's earnings history.

IQIYI issued an update on its second quarter 2020 After-Hours earnings guidance on Monday, May, 18th. The company provided 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.

12 Wall Street analysts have issued twelve-month target prices for IQIYI's stock. Their forecasts range from $20.00 to $27.00. On average, they anticipate IQIYI's stock price to reach $22.64 in the next year. This suggests that the stock has a possible downside of 1.6%. View analysts' price targets for IQIYI.

News stories about IQ stock have trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. IQIYI earned a media sentiment score of 2.1 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. 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), ORIENTAL LD CO/ADR (OLCLY), TAL Education Group (TAL), Lululemon Athletica (LULU), Electronic Arts (EA), Las Vegas Sands (LVS), SANDS CHINA Ltd/ADR (SCHYY), Marriott International (MAR), Luxottica Group (LUXTY), UNICHARM CORP/S (UNICY), Sirius XM (SIRI), ANTA Sports Products (ANPDF) and VF (VFC). 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 (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 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 many different institutional and retail investors. Top institutional shareholders include Newport Asia LLC (0.06%) and E Fund Management Hong Kong Co. Ltd. (0.01%).

IQ stock was acquired by a variety of institutional investors in the last quarter, including Newport Asia LLC, 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 $23.02.

IQIYI has a market capitalization of $16.89 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]