NASDAQ:IQ - IQIYI Stock Price, Forecast & News

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

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 consensus estimate of ($0.49) by $2.94. The firm earned $7.50 billion during the quarter, compared to analysts' expectations of $7.08 billion. IQIYI had a negative return on equity of 69.85% and a negative net margin of 35.49%. The business's revenue was up 6.7% on a year-over-year basis. During the same period last year, the business earned ($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 updated its first quarter 2020 After-Hours earnings guidance on Thursday, February, 27th. 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 $1.01 billion.

13 analysts have issued 1 year target prices for IQIYI's stock. Their forecasts range from $20.00 to $29.00. On average, they expect IQIYI's stock price to reach $22.97 in the next year. This suggests a possible upside of 2.4% from the stock's current price. 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 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.

Press coverage about IQ stock has trended very negative this week, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. IQIYI earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the next several days. 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 short-interest ratio is currently 5.7 days. Approximately 12.1% of the shares of the stock are short sold. View IQIYI's Current Options Chain.

Some companies that are related to IQIYI include Naspers (NPSNY), 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), Electronic Arts (EA), VF (VFC), Lululemon Athletica (LULU), Sirius XM (SIRI), Luxottica Group (LUXTY) and Hilton Hotels (HLT).

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 (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 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 variety of 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%), 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 $22.43.

IQIYI has a market capitalization of $16.26 billion and generates $4.12 billion in revenue each year. The company earns $-1,324,960,000.00 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]