iQIYI (IQ) Stock Forecast & Price Target

$2.06

+0.01 (+0.49%)

(As of 09/18/2024 ET)

iQIYI - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for iQIYI in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 1 has given a sell rating, 4 have given a hold rating, and 1 has given a buy rating for IQ.

Consensus Price Target

$3.45
67.48% Upside

High Forecast	$5.00
Average Forecast	$3.45
Low Forecast	$2.80

According to the 6 analysts' twelve-month price targets for iQIYI, the average price target is $3.45. The highest price target for IQ is $5.00, while the lowest price target for IQ is $2.80. The average price target represents a forecasted upside of 67.48% from the current price of $2.06.

Type	Current Forecast 9/19/23 to 9/18/24	1 Month Ago 8/20/23 to 8/19/24	3 Months Ago 6/21/23 to 6/20/24	1 Year Ago 9/19/22 to 9/19/23
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	5 Buy rating(s)
Hold	4 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$3.45	$3.67	$6.18	$6.94
Forecasted Upside	67.48% Upside	10.44% Upside	21.41% Upside	30.41% Upside

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IQ Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

IQ Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

iQIYI Stock vs. The Competition

Type	iQIYI	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.00	2.55	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	66.67% Upside	1,157.64% Upside	7.67% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/27/2024	The Goldman Sachs Group 2 of 5 stars	L. Kong Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$2.80	+23.35%
8/26/2024	Nomura Securities 5 of 5 stars	T. Shen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
8/23/2024	Benchmark 2 of 5 stars	F. Jiang Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
7/23/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Liu Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Hold ➝ Moderate Sell
7/23/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$5.00 ➝ $3.00	-6.83%
7/23/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Reduce	$4.70 ➝ $3.00	-11.24%
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4/4/2024	OTR Global Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Positive ➝ Mixed
7/27/2023	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$5.12	-4.30%
5/17/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$7.70 ➝ $8.00	+45.59%
3/2/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$4.70 ➝ $9.00	+31.39%
1/18/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Equal Weight	$2.80 ➝ $5.10	-6.25%
10/14/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$6.50 ➝ $4.00	+72.41%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:53 PM ET.

IQ Forecast - Frequently Asked Questions

What is iQIYI's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for iQIYI is $3.45, with a high forecast of $5.00 and a low forecast of $2.80.
Should I buy or sell iQIYI stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for iQIYI in the last twelve months. There is currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" IQ shares.
Does iQIYI's stock price have much upside?: According to analysts, iQIYI's stock has a predicted upside of 14.45% based on their 12-month stock forecasts.
Has iQIYI been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, iQIYI's stock had 4 downgrades and 1 upgrade by analysts.
What analysts cover iQIYI?: iQIYI has been rated by research analysts at Benchmark, Hsbc Global Res, HSBC, JPMorgan Chase & Co., Nomura Securities, and The Goldman Sachs Group in the past 90 days.
Do Wall Street analysts like iQIYI more than its competitors?: Analysts like iQIYI less than other "consumer discretionary" companies. The consensus rating for iQIYI is Hold while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how IQ compares to other companies.