Shares of iQiyi (NASDAQ: IQ) fell today as investors reacted to news that the U.S. Securities and Exchange Commission (SEC) may potentially delist Chinese stocks that don't adhere to U.S. accounting standards. Investors are also concerned about the increasing regulation of Chinese tech companies by the Chinese government.
Full Answer
Will IQ stock price drop/Fall/Rise/Fall?
The iQIYI Inc - ADR stock price is 4.190 USD today. Will IQ stock price drop / fall? Yes. The iQIYI Inc - ADR stock price may drop from 4.190 USD to 0.000001 USD . The change will be -100.00 %. Will IQ stock price grow / rise / go up? No. See above . Will IQ stock price crash? According to our analysis, this can happen.
Is IQ stock underpriced or oversold?
as such, IQ has no pathway to make money, and hence have no choice but to have massive layoff this week. Not a good sign. And the stock is NOT underpriced nor oversold. Roxanne's (alias Rocky) pawn broker has made a donation to this board from his former assets:
Is IQ stock a good long-term investment?
According to our live Forecast System, Iq stock is a bad long-term (1-year) investment*. "IQ" stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis.
What happened to) (IQ’s IPO price?
(IQ) raised $2.3 billion in an initial public offering (IPO) on Thursday, March 29th 2018. The company issued 125,000,000 shares at a price of $17.00-$19.00 per share.
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Will IQ stock recover?
On average, Wall Street analysts predict that IQIYI's share price could reach $11.33 by May 27, 2023. The average IQIYI stock price prediction forecasts a potential upside of 184.75% from the current IQ share price of $3.98.
Will IQ stock go up?
iQIYI Inc (NASDAQ:IQ) The 20 analysts offering 12-month price forecasts for iQIYI Inc have a median target of 5.64, with a high estimate of 10.07 and a low estimate of 3.31. The median estimate represents a +19.38% increase from the last price of 4.72.
Is IQ a good stock to buy?
Benchmark is very positive about IQ and gave it a "" rating on May 27, 2022. The price target was set to 3.98+1.79. Over the last 90 days, this security got 3 buy, 0 sell, and 0 hold ratings.
What does IQ company do?
It operates a platform that provides a collection of internet video content, including professionally-produced content licensed from professional content providers and self-produced content. The company also provides membership, content distribution, and online advertising services.
What does Nielsen IQ do?
NielsenIQ is a global measurement and data analytics company providing the most complete and trusted view of consumers and markets in 90 countries covering 90% of the world's population.
What industry is Nielsen IQ?
NielsenIQ is a global measurement and data analytics company for retail and consumer intelligence.
Why is IQ EQ?
IQ-EQ expresses exactly who we are and how we like to operate. IQ enables us to respond to mental challenges. It empowers us with deductive logic. It gives us the ability to understand complex information and provide insightful solutions.
Should I buy or sell iQIYI stock right now?
7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for iQIYI in the last twelve months. There are currently 1 sell ratin...
What is iQIYI's stock price forecast for 2022?
7 brokers have issued twelve-month price objectives for iQIYI's shares. Their forecasts range from $4.80 to $19.00. On average, they predict iQIYI'...
How has iQIYI's stock performed in 2022?
iQIYI's stock was trading at $4.56 at the beginning of 2022. Since then, IQ shares have decreased by 6.8% and is now trading at $4.25. View the be...
When is iQIYI's next earnings date?
iQIYI is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022. View our earnings forecast for iQIYI .
How were iQIYI's earnings last quarter?
iQIYI, Inc. (NASDAQ:IQ) announced its quarterly earnings results on Thursday, May, 26th. The company reported $0.21 EPS for the quarter, beating th...
Who are iQIYI's key executives?
iQIYI's management team includes the following people: Dr. Tim Gong Yu , Founder, CEO & Director (Age 53) Mr. Jun Wang , Chief Financial Office...
Who are some of iQIYI's key competitors?
Some companies that are related to iQIYI include MGM Resorts International (MGM) , Trip.com Group (TCOM) , Shaw Communications (SJR) , Grasim I...
What other stocks do shareholders of iQIYI own?
Based on aggregate information from My MarketBeat watchlists, some companies that other iQIYI investors own include Alibaba Group (BABA) , NVIDIA...
When did iQIYI IPO?
(IQ) raised $2.3 billion in an initial public offering (IPO) on Thursday, March 29th 2018. The company issued 125,000,000 shares at a price of $17....
How much does IQIYI make?
iQIYI has a market capitalization of $8.56 billion and generates $4.55 billion in revenue each year. The company earns $-1,078,680,000.00 in net income (profit) each year or ($1.47) on an earnings per share basis.
What does "hold" mean in IQ?
A hold rating indicates that analysts believe investors should maintain any existing positions they have in IQ, but not buy additional shares or sell existing shares. View analyst ratings for iQIYI or view top-rated stocks.
What happened
iQiyi Inc. (NASDAQ: IQ) stock fell 12.2% on Thursday despite a lack of company-specific news. Rather, with shares of the so-called " Netflix of China" up more than 96% in the month leading up to yesterday's close, today's drop is likely the result of traders taking some of their recent profits off the table.
So what
iQiyi shareholders have enjoyed several 10%-plus single-day moves in recent weeks. Some, like today's, came without meaningful news. And others followed encouraging developments such as analyst upgrades, positive comments on iQiyi's long-term vision from CEO Tim Gong Yu, and the start of its offline movie theater expansion.
Now what
That doesn't mean iQiyi won't continue rising from here. Though the company confirmed earlier this month that it now has over 61 million paid subscribers, that's less than half the 125 million claimed by Netflix -- and still a drop in the bucket given the fast-growing middle class within China's population of over 1.4 billion people.
iQIYI Inc - ADR ( IQ ) Stock Market info
Recommendations: Buy or sell iQIYI Inc - ADR stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the iQIYI Inc - ADR share forecasts, stock quote and buy / sell signals below.
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Although it looks attractive now, iQiyi stock is likely failing due to narrowly focused content
We haven’t even hit the halfway point of this year, and iQiyi (NASDAQ: IQ) is already exhibiting rollercoaster-like behavior. In the first two months of 2019, the IQ stock price gained over 78%, turning embattled stakeholders ecstatic. However, the mood quickly soared shortly thereafter. Right now, shares are up 48% — a great haul, but no 78%.
Narrow Focus Hurts IQ Stock
Theoretically, iQiyi stock has a bulletproof-business plan: sell Chinese entertainment to Chinese people. In reality, the situation is much more complex. You only need to look at the technical charts to realize this.
Financial Metrics Say Everything about iQiyi Stock, Unfortunately
Quarter-to-quarter, IQ stock’s revenue growth is no longer impressive. More worryingly, the company’s net-income losses have widened significantly over the same span. If they want to right the ship, they must produce content that appeals universally.