Shares of iQIYI, Inc. Sponsored ADR (NASDAQ:IQ – Get Free Report) have been assigned a consensus recommendation of “Hold” from the five ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $2.5467.
Several analysts recently issued reports on IQ shares. Wall Street Zen cut iQIYI from a “hold” rating to a “sell” rating in a research note on Sunday, April 26th. Benchmark reiterated a “hold” rating on shares of iQIYI in a research report on Tuesday, May 19th. Zacks Research upgraded iQIYI from a “strong sell” rating to a “hold” rating in a report on Monday, July 20th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of iQIYI in a research report on Wednesday, June 24th.
Read Our Latest Research Report on IQ
Institutional Trading of iQIYI
iQIYI Price Performance
IQ opened at $1.22 on Tuesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.45 and a quick ratio of 0.45. iQIYI has a 1 year low of $0.95 and a 1 year high of $2.84. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of -12.20 and a beta of 0.19. The stock’s 50 day simple moving average is $1.09 and its 200 day simple moving average is $1.40.
iQIYI Company Profile
iQIYI, Inc is a leading online entertainment service provider headquartered in Beijing, China, offering a comprehensive portfolio of streaming video content across multiple genres. The company operates a subscription-based video-on-demand (SVOD) platform, complemented by advertising-supported content (AVOD) and pay-per-view offerings. Its digital library encompasses original series, feature films, variety shows, animation and documentaries, catering to diverse demographic segments and viewer preferences.
Originally launched by Baidu in 2010 as an online video site, iQIYI was formally rebranded in early 2012 and has since expanded its footprint beyond China’s domestic market.
Featured Stories
- Five stocks we like better than iQIYI
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Receive News & Ratings for iQIYI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iQIYI and related companies with MarketBeat.com's FREE daily email newsletter.
