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iQIYI, Inc. (IQ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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6.96-0.15 (-2.11%)
At close: 4:00PM EST
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  • J
    Jack
    Bottom line, its a non-profitable company and a stated CEO vision of not being profitable for 5 years. That means a continuum of cash drain and dilution for investors. Thats a good definition of a stock that is not investable, period. New CEO with a more aggressive profitability vision may help.
  • b
    bagin
    If you’re a day trader, you should definitely check out (http://trademarketview.tech). They send a watchlist covering the top pre-market movers every day before the open. It’s a great way to pick out potential trades for the day.
  • $
    $150 in 1 Years 1 Month
    IQ had another down week following its earnings release and conference call on Wednesday. For the week IQ was down $2.19 or 25% to close at $6.90 well below its $18 IPO price, a shadow of its 52-week high of $29 and far from its all-time high of $46 set in 2018.
    Reported financials failed to achieve the low guidance that had been set for the quarter. Continued losses, slow sub growth, falling ad revenue and burning through $100M of cash in the quarter were some of the negatives and the forward guidance provide by management offered little / no hope of recovery any time soon. As a result, IQ’s broken fundamentals had institutional investors heading for the exits sending IQ’s shares tumbling.
    Without any catalysts in sight, he only near-term hope for IQ would be a softening of anti-China sentiment that sends all Chinese stocks higher and if that occurs there are many better Chinese stocks to play instead of IQ. Without a China recovery it’s difficult to see IQ breaking out of the lower end of its trading range any time soon. While OK for short-term players it’s the worst news possible for those buy and hold longs who will likely need to wait years to see if IQ ever recovers.
    With all that, decided to move to a monthly report since IQ’s fate has been sealed until they improve their financial outlook and build credibility with the Street. Hopefully they’ll report better news in February, replace company leadership and begin that rebuild process.
  • P
    Phil.
    The problem with the posters,
    that @ least admit they own this stock,
    are they don't seem to know the difference between a DIP, and the Grand Canyon.

    I will always buy a DIP, if it's Obviously advantageous, to an extreme, there are obvious catalysts on the horizon in my choices of stock, and I clearly have the money available.

    I wouldn't borrow money for IQ @ 0.89 A share,
    and buy this,
    because this is nothing, but a sponge that takes,
    and squeezes out profits to the executives, and CEO, CFO, etc.

    THE reason I know I'm 100% right is,
    because this is nothing, but a slow BLEED, and disgusting at that !
    Bearish
  • M
    Mad Max
    Green again, time for Rocky to reemerge with a whistling Mickey Mouse... same Rocky who's been hiding since he bought all the way down from $28 including the day before earnings at $9 when he said $35 by year end.
  • B
    Becky
    What a recovery!!!! LOL
  • P
    Palin Teabagger
    IQ is yet another Chinese company that was hyped based on the 1.4BB population of China. It was touted to become the next NFLX. A few problems with that reasoning;
    1) the vast majority of Chinese do not have access to the Internet
    2) China doesn't have a large middle-class population; large % poor farmers
    3) The Chinese middle-class, targeted for IQ subscriptions tend to be very CHEAP!!
    - they love all the free content, but won;t pay for subscriptions that cost $$

    The business model of IQ will not survive in China, if this stock were listed on the Hong Kong exchange, they would never have been able to bilk as many investors. IQ is in for a long, continual slow slide. BAIL OUT WHILE YOU CAN!!
    Bearish
  • $
    $150 in 1 Years 1 Month
    Two categories of issues have driven IQ’s share price since March.
    1) Ant-China Sentiment – pressure on Chinese stocks has increased significantly since March as relations between the U.S. and China deteriorated further and the CCP exerted even more control over Chinese companies. Since then JD is -5%, BABA is -27%, Tencent – 28%, BILI – 32%, BIDU - 34% while is IQ -70%, by far the worst of all.
    2) IQ Unique Issues – slipping profitability from 2022 to 2026 is the major cause of IQ’s worse than average share price performance. Other issues include burning through cash raising the probability of another dilution event, single digit subscriber growth, that IQ is a paid subscription services in country where illegal streaming and copying of content is rampant, the continuing overhang and cloud of shareholder lawsuits and that IQ is thinly traded due to general lack of interest from institutional investors (e.g., average daily volume is less than 1/3 of BABA).
    Bottom line) There is nothing IQ can do about anti-China sentiment, but it would be encouraging if IQ reports a strong quarter with a significant increase in revenues along with reduced costs and provides guidance that includes a path towards profitability by the end of 2022. If IQ can systematically deliver on that in each quarter in 2022 that would begin to establish credibility with the Street and would get IQ’s share price moving north again. Anything longer than a year to achieve profitability or another surprise would be greeted with skepticism by institutional investors and keep the price at the low end of IQ’s 2021 trading range.
  • Z
    Zzzzo6
    I can’t sell and take this huge loss. This is my only Chinese stock left and if I can recover some of my cost basis I’m done. Lesson one. Don’t invest in your enemy.
  • M
    MrBarbeque
    Market sell off tomorrow, IQ may reach another new low tomorrow
  • m
    mido
    Remains overbought and destined for pinksheets- wave bye
  • r
    riverasoto
    They had some interesting insights about IQ on (http://financialdeals.tech). Definitely made me think twice about the company.
  • B
    BillyBoy
    So Didi Gets called to delist and their premarket is down 5.79% but IQ is down 6.48%? sheesh.
  • M
    MrBarbeque
    I thought today would be our first green day , looks like the sell off may continue to about $5
  • $
    $150 in 1 Years 1 Month
    IQ had one its best weeks since March closing up $0.98 to close at $9.09 but still only half of its $18 IPO price and a shadow of its all-time high of $46 in 2018 and its 52-week high of $29. A strong week in advance of earnings is a positive sign but closing within $2 of its all-time low says a lot about what investors think of its potential. IQ needs to report a strong increase in revenues along with reduced costs to demonstrate it is on the path to profitability and provide clear guidance on timing. Anything longer than a year to achieve profitability will likely be greeted with skepticism by institutional investors and keep IQ's price at the low end of its 2021 trading range. Hopefully the upcoming earning release and conference call addresses those issues or else IQ could give back most or all of its recent gains.
  • J
    JOE PUMPS OIL PRICES
    $^FTSE conversation
    The WORST Days are Coming! The US Government continues to PUMP the US Stock Prices artificially and the excuse is Corona…
    NASDAQ Composite Ponzi Scheme was 4800 in 2016 with much better fundamentals and better economy.
    How that Fraudulent NASDAQ Composite index got PUMPED from 4800 to 15000 in no time, Despite Collapsing Economy, Tanking Corporate Revenues, Record high corporate Loss, Record Number of Bankruptcies, Astronomical Record High Debt levels, increasing international competition for each $1 revenue, Skyrocketing Inflation, Spreading Pandemic, Political Polarization, Limited Real Resources and most importantly Insane Overvaluation in the US Stock Market?!!!
    Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) PONZI SCHEME has almost Doubled!
    S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 4300.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
    The World Economy is Collapsing, people are starving, but the US Government is too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
    ENJOY ABSURD COMPANY VALUATIONS, While the Economy is COLLAPSING and Corporate Revenues are TANKING!
    Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
    The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
    US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA PYRAMID SCHEME right now!!!

    $AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $XPEV
    https://www.bbc.com/news/world-europe-59160525
    The WHO warns of 500,000 more deaths in Europe by February as cases soar across the continent.
    The WHO warns of 500,000 more deaths in Europe by February as cases soar across the continent.
    www.bbc.com
    Bearish
  • R
    Robert
    Homelessness won’t be that bad. Shower and charge my phone at the gym. Put a top on my pickup. Live by the lake. May be fun.
  • M
    MrBarbeque
    The sell off continues as predicted. Stay away from Iq, nothing but a widow maker
  • P
    Pump Gang
    I bought IQ when it was mid 30s. Sold at at high teens for a lost, Reinvest it in other company and made my money back. If your a share holder since IPO, Much respect and one day I hope this can rebound too its highest peak mountain. Ill be watching & may one day consider to reinvest again. Good Luck!!
    Neutral
  • P
    Phil.
    I just looked at the chart, & nothing to do with my opinion ,
    but this stock is down,
    over 70% in the last year alone to this day !
    Bearish
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