iQIYI (IQ) Stock Price, News & Analysis

Company Overview

iQIYI, Inc., together with its subsidiaries, provides online entertainment video services in the People's Republic of China. It offers various products and services, including online video, online games, online literature, animations, and other products. The company operates a platform that provides a collection of internet video content, such as professionally produced content licensed from professional content providers and self-produced content. It also offers membership, online advertising, content distribution, and live broadcasting services. In addition, the company operates iQIYI Show, a live broadcasting platform that enables users to follow their favorite hosts and shows in real time through live broadcasting; and iQIYI Lite that offers an easy and quick access to the personalized videos based on their user preferences. Further, it is involved in the talent agency and IP licensing activities, as well as engages in developing a video community app. The company was formerly known as Qiyi.com, Inc. and changed its name to iQIYI, Inc. in November 2017. iQIYI, Inc. was incorporated in 2009 and is headquartered in Beijing, China. iQIYI, Inc. is a subsidiary of Baidu, Inc.

Key Stats

• Today's Range: $2.53 to $2.61
• 50-Day Range: $1.96 to $3.19
• 52-Week Range: $1.92 to $5.80
• Volume: 9.78 million shs
• Average Volume: 11.49 million shs
• Market Capitalization: $2.48 billion
• P/E Ratio: 10.75
• Dividend Yield: N/A
• Price Target: $3.45
• Consensus Rating: Reduce

iQIYI Stock Analysis - MarketRank™

iQIYI scored higher than 77% of companies evaluated by MarketBeat, and ranked 114th out of 296 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.9 / 5
• Analyst Rating: Reduce

Consensus Rating

iQIYI has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

iQIYI has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: -31.25%

Earnings Growth

Earnings for iQIYI are expected to decrease by -31.25% in the coming year, from $0.16 to $0.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of iQIYI is 10.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of iQIYI is 10.75, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.81.

Price to Earnings Growth Ratio

iQIYI has a PEG Ratio of 0.66. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

iQIYI has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

10.84% of the float of iQIYI has been sold short.

Short Interest Ratio / Days to Cover

iQIYI has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in iQIYI has recently decreased by 5.07%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

iQIYI does not currently pay a dividend.

Dividend Growth

iQIYI does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.84% of the float of iQIYI has been sold short.

Short Interest Ratio / Days to Cover

iQIYI has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in iQIYI has recently decreased by 5.07%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.18

News Sentiment

iQIYI has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for iQIYI this week, compared to 8 articles on an average week.

Search Interest

17 people have searched for IQ on MarketBeat in the last 30 days. This is an increase of 42% compared to the previous 30 days.

MarketBeat Follows

5 people have added iQIYI to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, iQIYI insiders have not sold or bought any company stock.

Percentage Held by Insiders

57.82% of the stock of iQIYI is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

52.69% of the stock of iQIYI is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IQ Stock Analysis - Frequently Asked Questions

How have IQ shares performed this year?

iQIYI's stock was trading at $4.88 on January 1st, 2024. Since then, IQ shares have decreased by 47.1% and is now trading at $2.58.
View the best growth stocks for 2024 here.

How were iQIYI's earnings last quarter?

iQIYI, Inc. (NASDAQ:IQ) issued its quarterly earnings results on Thursday, August, 22nd. The company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.06 by $0.05. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.02 billion. iQIYI had a net margin of 5.37% and a trailing twelve-month return on equity of 14.57%.

When did iQIYI IPO?

iQIYI (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 served as the underwriters for the IPO and China Renaissance, Citigroup and UBS Investment Bank were co-managers.

Who are iQIYI's major shareholders?

Top institutional shareholders of iQIYI include Robeco Institutional Asset Management B.V. (2.42%), Genesis Investment Management LLP (1.73%), Krane Funds Advisors LLC (1.25%) and SG Americas Securities LLC (0.10%).

How do I buy shares of iQIYI?

Shares of IQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of iQIYI own?

Based on aggregate information from My MarketBeat watchlists, some other companies that iQIYI investors own include Meta Platforms (META), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Block (SQ), Micron Technology (MU) and JD.com (JD).

Company Calendar

• Last Earnings: 8/22/2024
• Today: 11/05/2024
• Next Earnings (Confirmed): 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Video tape rental
• Sub-Industry: Entertainment
• Current Symbol: NASDAQ:IQ
• CUSIP: N/A
• CIK: 1722608
• Web: www.iqiyi.com
• Phone: 861062677171
• Fax: N/A
• Employees: 4,788
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.45
• High Stock Price Target: $5.00
• Low Stock Price Target: $2.80
• Potential Upside/Downside: +32.7%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.24
• Trailing P/E Ratio: 10.83
• Forward P/E Ratio: 16.25
• P/E Growth: 0.66
• Net Income: $271.20 million
• Net Margins: 5.37%
• Pretax Margin: 5.73%
• Return on Equity: 14.57%
• Return on Assets: 3.94%

Debt

• Debt-to-Equity Ratio: 0.67
• Current Ratio: 0.53
• Quick Ratio: 0.53

Sales & Book Value

• Annual Sales: $4.51 billion
• Price / Sales: 0.55
• Cash Flow: $1.51 per share
• Price / Cash Flow: 1.72
• Book Value: $1.79 per share
• Price / Book: 1.45

Miscellaneous

• Outstanding Shares: 959,450,000
• Free Float: 404,695,000
• Market Cap: $2.49 billion
• Optionable: Optionable
• Beta: 0.08