iQIYI (NASDAQ:IQ) Stock Price Up 3.9% – Time to Buy?

Posted by Brenda Bartman on Aug 28th, 2026

Shares of iQIYI, Inc. Sponsored ADR (NASDAQ:IQ – Get Free Report) rose 3.9% on Friday . The company traded as high as $0.9791 and last traded at $0.9596. Approximately 1,157,636 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 8,602,814 shares. The stock had previously closed at $0.9240.

Wall Street Analysts Forecast Growth

IQ has been the topic of a number of research analyst reports. Zacks Research upgraded shares of iQIYI from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. Weiss Ratings restated a “sell (d)” rating on shares of iQIYI in a research note on Wednesday, June 24th. JPMorgan Chase & Co. cut their target price on iQIYI from $2.20 to $1.20 and set a “neutral” rating for the company in a research report on Thursday, August 20th. Wall Street Zen raised iQIYI from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 22nd. Finally, Benchmark reissued a “hold” rating on shares of iQIYI in a report on Wednesday, August 19th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $1.73.

Read Our Latest Stock Report on iQIYI

iQIYI Stock Performance

The company has a debt-to-equity ratio of 0.81, a current ratio of 0.45 and a quick ratio of 0.45. The company has a market capitalization of $888.01 million, a P/E ratio of -7.67 and a beta of 0.19. The business has a 50-day moving average of $1.16 and a 200-day moving average of $1.26.

Institutional Trading of iQIYI

Several institutional investors and hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC boosted its holdings in shares of iQIYI by 20.8% in the fourth quarter. Parallel Advisors LLC now owns 29,472 shares of the company’s stock valued at $57,000 after purchasing an additional 5,077 shares during the period. Public Employees Retirement System of Ohio increased its stake in shares of iQIYI by 2.5% during the first quarter. Public Employees Retirement System of Ohio now owns 366,300 shares of the company’s stock valued at $495,000 after buying an additional 8,900 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of iQIYI by 4.4% in the first quarter. Bank of New York Mellon Corp now owns 534,118 shares of the company’s stock valued at $721,000 after acquiring an additional 22,662 shares in the last quarter. Catalyst Funds Management Pty Ltd purchased a new position in iQIYI during the fourth quarter valued at approximately $1,205,000. Finally, Triata Capital Ltd purchased a new stake in iQIYI during the second quarter worth $1,152,419,000. Institutional investors own 52.69% of the company’s stock.

About iQIYI

(Get Free Report)

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.