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NASDAQ:IQ

iQIYI (IQ) Stock Price, News & Analysis

iQIYI logo
$2.02 -0.16 (-7.34%)
(As of 11/21/2024 ET)

About iQIYI Stock (NASDAQ:IQ)

Key Stats

Today's Range
$1.92
$2.03
50-Day Range
$1.97
$3.19
52-Week Range
$1.92
$5.80
Volume
40.40 million shs
Average Volume
11.79 million shs
Market Capitalization
$1.94 billion
P/E Ratio
8.42
Dividend Yield
N/A
Price Target
$3.45
Consensus Rating
Reduce

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.

iQIYI Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
68th Percentile Overall Score

IQ MarketRank™: 

iQIYI scored higher than 68% of companies evaluated by MarketBeat, and ranked 140th out of 290 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about iQIYI's stock forecast and price target.
  • 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 8.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of iQIYI is 8.42, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.25.

  • Price to Earnings Growth Ratio

    iQIYI has a PEG Ratio of 0.56. 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 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about iQIYI's valuation and earnings.
  • Percentage of Shares Shorted

    10.62% 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 3.1, 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 1.97%, indicating that investor sentiment is improving.
  • Dividend Yield

    iQIYI does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    10.62% 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 3.1, 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 1.97%, indicating that investor sentiment is improving.
  • News Sentiment

    iQIYI has a news sentiment score of 0.21. 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 0.67 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for iQIYI this week, compared to 7 articles on an average week.
  • Search Interest

    Only 17 people have searched for IQ on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added iQIYI to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% compared to the previous 30 days.
  • 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.

  • Read more about iQIYI's insider trading history.
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IQ Stock News Headlines

iQIYI Faces Revenue Decline Amid Content Strategy Shift
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iQiyi reports Q3 EPS RMB 0.50 vs. RMB 0.64 last year
iQIYI Announces Third Quarter 2024 Financial Results
See More Headlines

IQ Stock Analysis - Frequently Asked Questions

iQIYI's stock was trading at $4.88 on January 1st, 2024. Since then, IQ stock has decreased by 58.6% and is now trading at $2.02.
View the best growth stocks for 2024 here
.

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

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 $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 top institutional shareholders include Robeco Institutional Asset Management B.V. (2.42%), Genesis Investment Management LLP (1.73%), Krane Funds Advisors LLC (1.25%) and State Street Corp (0.75%).

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.

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
11/21/2024
Next Earnings (Confirmed)
11/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Video tape rental
Sub-Industry
Entertainment
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
+70.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

Net Income
$271.20 million
Pretax Margin
5.73%

Debt

Sales & Book Value

Annual Sales
$4.51 billion
Cash Flow
$1.38 per share
Book Value
$1.79 per share

Miscellaneous

Free Float
404,695,000
Market Cap
$1.94 billion
Optionable
Optionable
Beta
0.08
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This page (NASDAQ:IQ) was last updated on 11/21/2024 by MarketBeat.com Staff
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