iQIYI (IQ) stock is soaring: will this last?

1:43 pm ET, 08 Jun 2018

iQIYI (NASDAQ: IQ) stock is soaring. It's over 10% up in today's trading, with huge traders' interest and overwhelmingly positive sentiment as seen on Stocktwits.  

You may be wondering, what's causing this, and what is the IQ stock price forecast?  

Based on Finstead research, the average IQ price target is 25% below the current stock price.  It's currently estimated at $25.  


There is no indication of short interest because the stock started trading on NASDAQ at the end of March.  

What does iQIYI do?  

It provides online entertainment services under the iQIYI brand name in China. The company runs Internet video content, including professionally-produced content licensed from professional content providers and self-produced content.  The company provides membership, content distribution, live broadcasting, and online gaming services, and is a subsidiary of Baidu Holdings Limited.

Today the company announced that its in-house produced film "Blue Amber" was shortlisted for the 'Asian New Talent' prize at the Shanghai International Film Festival.  This is a huge recognition for the company whose business pursuits are focused on self-produced content.  "Blue Amber" will compete for the prize in two categories: 'Best Film' and 'Best Cinematography'.

For the latest news, price analysis and stock price for iQIYI, please visit Finstead, and type "IQ news", "IQ price target" and "IQ stock price". 

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

iQIYI, Inc. (IQ) Stock Guide

Updated at: 1:41 pm ET, 22 Jul 2020

Before we start: if you're looking for IQ stock price, you can quickly find it out by visiting Finny and typing "IQ quote". If you're looking for a quick scoop on IQ stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "IQ". You'll get all this info in one place. Or you can just type "IQ news" to get the latest stock news.

Looking to buy or sell iQIYI, Inc. (IQ)? Interested in getting the full scoop on IQ, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this IQ stock guide, we'll address key questions about IQ, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are IQ earnings?
2. When is IQ earnings date?
3. What is IQ stock forecast (i.e., prediction)?
4. IQ buy or sell? What is IQ Finny Score?
5. What are the reasons to buy IQ? Why should I buy IQ stock?
6. What are the reasons to sell IQ? Why should I sell IQ stock?
7. What are IQ key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are IQ earnings?

IQ trailing 12-month earnings per share (EPS) is $1.06.

2. When is IQ earnings date?

IQ earnings date is May 18, 2020.

Analyst Predictions

3. What is IQ stock forecast (i.e., prediction)?

Based on IQ analyst price targets, IQ stock forecast is $23.99 (for a year from now). That means the average analyst price target for IQ stock is $23.99. The prediction is based on 5 analyst estimates.

The low price target for IQ is $15.03, while the high price target is $32.06.

IQ analyst rating is Buy.

Analysis

4. IQ buy or sell? What is IQ Finny Score?

#{finnyScore:75}Our quantitative analysis shows 3 reasons to buy and 1 reason to sell IQ, resulting in Finny Score of 75.

5. What are the reasons to buy IQ? Why should I buy IQ stock?

Here are the reasons to buy IQ stock:

6. What are the reasons to sell IQ? Why should I sell IQ stock?

Let's look at the reasons to sell IQ stock (i.e., the bear case):

  • IQ short interest (days to cover the shorts) ratio is 2.68. The stock garners more short interest than the average industry, sector or S&P 500 stock. See IQ short interest ratio chart.

Key Stats

7. What are IQ key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for IQ:

Metrics IQ
Price $22.57
Average Price Target / Upside $23.99 / 6.32%
Average Analyst Rating Buy
Forward Dividend Yield 0.00%
Industry Internet Content & Information
Sector Technology
Number of Employees 6,014
Market Cap $12.82B
Forward P/E Ratio -18.40
Price/Book Ratio N/A
Revenue (TTM) N/A
YoY Quarterly Revenue Growth 6.70%
Profit Margin -35.60%

If you liked this analysis, check out Stock Guides for other stocks.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

Use Finny to ask any finance or investment question. Big or small. Personal or general.
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