Qutoutiao Inc. operates mobile platforms for the distribution, consumption, and sharing of light entertainment content in the People's Republic of China. The company operates Qutoutiao, a mobile application that aggregates articles and short videos from professional media and freelancers and presents customized feeds to users; and Quduopai, a mobile application that allows users to create, upload, and view videos. It also provides Midu Novels, a mobile literature application that offers users free literature supported by advertising. The company was formerly known as Qtech Ltd. and changed its name to Qutoutiao Inc. in July 2018. Qutoutiao Inc. was founded in 2016 and is headquartered in Shanghai, China.
Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
CIKN/A
Phone86-21-6858-3790
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$43.70 million
Profitability
Miscellaneous
Employees1,302
Next Earnings DateN/A
OptionableOptionable
Qutoutiao (NASDAQ:QTT) Frequently Asked Questions
What is Qutoutiao's stock symbol?
Qutoutiao trades on the NASDAQ under the ticker symbol "QTT."
What price target have analysts set for QTT?
4 brokers have issued 12-month price objectives for Qutoutiao's shares. Their forecasts range from $10.00 to $14.00. On average, they anticipate Qutoutiao's share price to reach $12.25 in the next year. This suggests a possible upside of 175.3% from the stock's current price. View Analyst Price Targets for Qutoutiao.
What is the consensus analysts' recommendation for Qutoutiao?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qutoutiao in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Qutoutiao.
Has Qutoutiao been receiving favorable news coverage?
Media headlines about QTT stock have trended positive on Friday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Qutoutiao earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned 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 effect on the stock's share price in the near term. View News Stories for Qutoutiao.
Who are some of Qutoutiao's key competitors?
Some companies that are related to Qutoutiao include GDS (GDS), HUYA (HUYA), Stars Group (TSG), Switch (SWCH), SVMK (SVMK), Pluralsight (PS), Eventbrite (EB), Health Catalyst (HCAT), Internet Initiative Japan (IIJIY), Internet Initiative Japan (IIJI), HealthStream (HSTM), Model N (MODN), 21Vianet Group (VNET), Cardlytics (CDLX) and Jianpu Technology (JT).
What other stocks do shareholders of Qutoutiao own?
Who are Qutoutiao's key executives?
Qutoutiao's management team includes the folowing people:
- Mr. Siliang Tan, Co-Founder & Exec. Chairman (Age 39)
- Mr. Lei Li, Co-Founder, CEO & Exec. Director (Age 35)
- Mr. Jianfei Dong, Co-Pres & Exec. Director (Age 37)
- Mr. Guanqiang Feng, Co-Pres (Age 30)
- Mr. Zhiliang Wang, Co-Founder & CTO (Age 35)
When did Qutoutiao IPO?
(QTT) raised $128 million in an IPO on Friday, September 14th 2018. The company issued 16,000,000 shares at $7.00-$9.00 per share. Citigroup and Deutsche Bank Securities acted as the underwriters for the IPO and China Merchants Securities (HK), UBS Investment Ban and KeyBanc Capital Markets were co-managers.
Who are Qutoutiao's major shareholders?
Qutoutiao's stock is owned by many different of retail and institutional investors. Top institutional investors include Morgan Stanley (0.77%), Krane Funds Advisors LLC (0.45%), Fosun International Ltd (0.26%), BlackRock Inc. (0.20%), Matthews International Capital Management LLC (0.16%) and D. E. Shaw & Co. Inc. (0.12%).
Which major investors are buying Qutoutiao stock?
QTT stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Krane Funds Advisors LLC, Fosun International Ltd, BlackRock Inc., Matthews International Capital Management LLC, D. E. Shaw & Co. Inc., Voloridge Investment Management LLC and Northern Trust Corp.
How do I buy shares of Qutoutiao?
Shares of QTT 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, Scottrade, Fidelity and Charles Schwab.
What is Qutoutiao's stock price today?
One share of QTT stock can currently be purchased for approximately $4.45.
How big of a company is Qutoutiao?
Qutoutiao has a market capitalization of $1.26 billion and generates $43.70 million in revenue each year. The company earns $-282,540,000.00 in net income (profit) each year or ($2.10) on an earnings per share basis. Qutoutiao employs 1,302 workers across the globe.View Additional Information About Qutoutiao.
What is Qutoutiao's official website?
How can I contact Qutoutiao?
Qutoutiao's mailing address is 11/F BLDG 3 XINGCHUANG TECHNOLOGY PLZ 5005 NONG SHENJIANG RD PUDONG NEW AREA, SHANGHAI F4, 200120. The company can be reached via phone at 86-21-6858-3790.
MarketBeat Community Rating for Qutoutiao (NASDAQ QTT)
MarketBeat's community ratings are surveys of what our community members think about Qutoutiao and other stocks. Vote "Outperform" if you believe QTT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QTT will underperform the S&P 500 over the long term. You may vote once every thirty days.
