IQ - iQIYI, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
23.76
-0.22 (-0.93%)
As of 9:58AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close23.98
Open23.92
Bid23.81 x 800
Ask23.91 x 1400
Day's Range23.64 - 24.33
52 Week Range14.35 - 46.23
Volume1,285,091
Avg. Volume10,287,880
Market Cap17.227B
Beta (3Y Monthly)N/A
PE Ratio (TTM)22.41
EPS (TTM)1.06
Earnings DateMay 17, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est27.10
Trade prices are not sourced from all markets
  • IQiyi Stock Won’t Be the Next Disney Stock Anytime Soon
    InvestorPlaceyesterday

    IQiyi Stock Won’t Be the Next Disney Stock Anytime Soon

    IQiyi (NASDAQ:IQ) stock has trended down for the last two months. The uncertainty brought about by the U.S.-China trade war has added to the pain. As a result, iQiyi stock has not gained the traction of many of its American tech counterparts.Source: Shutterstock InvestorPlace - Stock Market News, Stock Advice & Trading TipsiQiyi claims it wants to become more like Disney (NYSE:DIS). However, IQ must first overcome its near-term challenges before it can achieve a "Disney-like" status.IQ stock still trades more than 50% below its highs of last June. In the last ten months, many Chinese stocks, even those like iQiyi stock which have little direct relationship to the U.S., have fallen significantly.On Feb. 22, IQ stock rose by almost 22% after it reported its fourth-quarter revenue and earnings which beat analysts' consensus expectations. However, since that day, it has steadily fallen back to the levels at which it was trading before the earnings announcement. * 7 Healthy Dividend Stocks to Buy for Extra Stability iQiyi Prefers Comparisons to Disney, Not NetflixMany like to compare iQiyi to Netflix (NASDAQ:NFLX). However, Alphabet's (NASDAQ:GOOGL, NASDAQ:GOOG) YouTube (at least when it actively developed more premium content) serves as a more accurate comparison. Unlike Netflix, YouTube and IQ depend on advertising revenue. The latter company, however, has decided it wants the public to think of it as China's Disney.But it will take decades to determine whether IQ can become the "Disney of China." Most owners of IQ stock won't hold their shares long enough to see IQ become like DIS, if it ever does.For now, iQiyi needs to worry about turning a profit and then building an imposing content library. Both milestones will take large amounts of time and money, as IQ's peers have already discovered. The tremendous expense of content has begun to weigh on Netflix, and Disney has a decades-long head start in the content-development realm. Multiples, Overall Economy Will Drive IQ Stock for NowTwo other issues for IQ stock are economic cycles and the mood of investors. Traders ran up the value of Netflix even though it took years to achieve profitability.The market has not shown the same patience for IQ. IQ stock trades at 3.4 times its sales and 6.2 times its book value. Few would call such multiples "outrageous." Both multiples also come in well below the price-sales and price-book-multiples of Netflix. However, IQ stock has to deal with obstacles that Netflix did not face.For one, the ADR status of IQ stock adds to its uncertainty. American investors cannot legally own iQiyi stock directly and have to settle for a proxy representing the company. Moreover, the economic expansion has reached its 11th year. Some think there's a high chance of a recession. During recessions, investors become wary of all stocks with high valuations.Also,the Chinese economy has declined in the wake of the trade war. If the U.S. and China finally work out an agreement, IQ stock would likely rise in the short term. However, traders have to remember that American investors trade IQ stock. If U.S. traders feel a recession will happen soon, they likely will not enable iQiyi stock to reach high multiples. The Bottom Line on IQ StockOwners of IQ stock need to focus on the company's near-term challenges, not whether the company can become the next Disney. It has already become apparent that IQ stock will likely not achieve Netflix-like valuations. However, iQiyi has not been as much like Netflix as many thought. Even IQ now says it wants to become more like Disney than NFLX.However, it took decades to build Disney into the media empire it has become today. For now, IQ needs to worry about turning a profit while expanding its content library. The owners of IQ stock need to figure out if and when Wall Street will take the equity to higher levels. With its failure to achieve Netflix-like multiples and fears of a recession looming, now is likely not IQ's time.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post IQiyi Stock Won't Be the Next Disney Stock Anytime Soon appeared first on InvestorPlace.

  • GlobeNewswire4 days ago

    iQIYI to Report First Quarter 2019 Financial Results on May 16, 2019

    BEIJING, April 19, 2019 -- iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced that it will.

  • PR Newswire4 days ago

    iQIYI Named World's Fastest-Growing Brand and Fastest-Growing Chinese Brand of 2019 by Brand Finance

    BEIJING, April 19, 2019 /PRNewswire/ -- iQIYI, Inc. (IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment company in China, was ranked 76th place on the Brand Finance's 2019 ranking of the most valuable Chinese brands, an increase of 103 places in ranking compared to last year, making the company the fastest-growing Chinese brand of 2019.

  • iQIYI Announces Strong Performance of Foreign and Sino-foreign Films Released Through Revenue Sharing Model
    PR Newswire5 days ago

    iQIYI Announces Strong Performance of Foreign and Sino-foreign Films Released Through Revenue Sharing Model

    BEIJING, April 18, 2019 /PRNewswire/ -- iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment company in China, today released the performance results of two acclaimed films distributed under its revenue sharing model (the "Model"): joint-Thai, Chinese and U.S. production Triple Threat and Indian film The Man Who Feels No Pain. Under iQIYI's revenue sharing model, part of the proceeds generated from paid subscribers are shared directly with production houses.

  • iQIYI President of PCG & CCO Wang Xiaohui Speaks at Harvard College China Forum 2019: Technological Innovation is Key to Helping Chinese Entertainment Build International Presence
    PR Newswire6 days ago

    iQIYI President of PCG & CCO Wang Xiaohui Speaks at Harvard College China Forum 2019: Technological Innovation is Key to Helping Chinese Entertainment Build International Presence

    BEIJING, April 17, 2019 /PRNewswire/ -- Wang Xiaohui, President of Professional Content Business Group (PCG) and Chief Content Officer of iQIYI, Inc. (IQ) ("iQIYI" or the "Company"), recently delivered a keynote speech on "China's New Entertainment Model" at the Harvard College China Forum 2019, in which he shared insights and outlook on the application of technological innovation in online video streaming platforms in China.

  • 'China’s Netflix' is really an 'online Disney': iQiyi CEO
    Yahoo Finance7 days ago

    'China’s Netflix' is really an 'online Disney': iQiyi CEO

    In an exclusive interview with Yahoo Finance, iQiyi CEO explains why they're different from Netflix, and how Chinese companies differentiate themselves from their U.S. counterparts.

  • iQIYI CTO Liu Wenfeng Speaks at China Institute 2019 Executive Summit: Instead of Replacing Human Creativity and Talent, AI Helps Unleash It
    PR Newswire7 days ago

    iQIYI CTO Liu Wenfeng Speaks at China Institute 2019 Executive Summit: Instead of Replacing Human Creativity and Talent, AI Helps Unleash It

    BEIJING, April 16, 2019 /PRNewswire/ -- Liu Wenfeng, Chief Technology Officer of iQIYI, Inc. (IQ) ("iQIYI" or the "Company"), recently participated in a panel discussion at the China Institute's 2019 Executive Summit themed "Black and White: Technology as a Force for Good and Bad", where he spoke about the value of AI to the entertainment industry and iQIYI's advancements in AI innovation.

  • IQIYI, Inc. Sponsored ADR (IQ) Outpaces Stock Market Gains: What You Should Know
    Zacks11 days ago

    IQIYI, Inc. Sponsored ADR (IQ) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, iQIYI, Inc. Sponsored ADR (IQ) closed at $23.70, marking a +1.63% move from the previous day.

  • Netflix Is Stealing a Page Out of the iQiyi Playbook
    Motley Fool13 days ago

    Netflix Is Stealing a Page Out of the iQiyi Playbook

    Netflix may be negotiating to buy a classic movie theater, but China's leading player is already there.

  • iQIYI Founder and CEO Gong Yu Speaks at Committee of 100: Technological Innovation Accelerates the Going Global of China's Entertainment Industry
    PR Newswire15 days ago

    iQIYI Founder and CEO Gong Yu Speaks at Committee of 100: Technological Innovation Accelerates the Going Global of China's Entertainment Industry

    Joined by other panellists including Robert Nederlander, Jr., President and CEO of Nederlander Worldwide Entertainment, Joseph W. Polisi, President Emeritus and Chief China Officer of the Julliard School, and Benjamin T. Wood, Founder of Studio Shanghai Architectural Firm, Dr. Gong shared with the audience trends in technological innovation which bring forward opportunities in allowing Chinese culture and entertainment to reach wider audiences in global markets.

  • IQIYI, Inc. Sponsored ADR (IQ) Flat As Market Gains: What You Should Know
    Zacks18 days ago

    IQIYI, Inc. Sponsored ADR (IQ) Flat As Market Gains: What You Should Know

    IQIYI, Inc. Sponsored ADR (IQ) closed at $23.48 in the latest trading session, marking no change from the prior day.

  • China's economy will bounce back from a tough 2018: analysts
    Yahoo Finance18 days ago

    China's economy will bounce back from a tough 2018: analysts

    Analysts are calling a turnaround for the world's second largest economy in 2019.

  • Were Hedge Funds Right About Flocking Into iQIYI, Inc. (IQ) ?
    Insider Monkey19 days ago

    Were Hedge Funds Right About Flocking Into iQIYI, Inc. (IQ) ?

    Before we spend days researching a stock idea we'd like to take a look at how hedge funds and billionaire investors recently traded that stock. S&P 500 Index ETF (SPY) lost 13.5% in the fourth quarter. Seven out of 11 industry groups in the S&P 500 Index were down more than 20% from their 52-week […]

  • iQIYI Premieres Exclusive Costume Drama "The Legend of White Snake" with International Distributions Scheduled for North America and Southeast Asia
    PR Newswire19 days ago

    iQIYI Premieres Exclusive Costume Drama "The Legend of White Snake" with International Distributions Scheduled for North America and Southeast Asia

    BEIJING, April 4, 2019 /PRNewswire/ -- iQIYI, Inc. (IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment company in China, today premiered its new costume drama The Legend of White Snake ("The Show"), which tells the story of romance between a white snake spirit and a mortal. A remake of the classic 1992 drama of the same name and a brand-new interpretation of one of the most well-known Chinese folktales, the show demonstrates iQIYI's commitment to retelling IP-based classics through modern production standards, offering content that satisfies audiences in both quality and meaning. As part of its IP-focused production strategy, the show marks the company's efforts in producing innovative takes of classic stories.

  • Investors Don't Like Giving Qutoutiao, Bilibili, and iQiyi Money
    Motley Fool20 days ago

    Investors Don't Like Giving Qutoutiao, Bilibili, and iQiyi Money

    Three Chinese internet-fueled platforms have retreated after announcing secondary offerings in recent days.

  • Alibaba Pictures’ Boss Is Making Major Changes
    Market Realist20 days ago

    Alibaba Pictures’ Boss Is Making Major Changes

    Alibaba Leaves Nothing to Chance amid Pressure to Diversify(Continued from Prior Part)Youku makes major personnel changes Alibaba (BABA) last year bought more shares in Hong-Kong-listed film studio firm Alibaba Pictures, raising its stake in the

  • iQIYI Provides In-Vehicle Entertainment Solution for Ford's New SYNC+ Infotainment System, Powered by Baidu
    PR Newswire20 days ago

    iQIYI Provides In-Vehicle Entertainment Solution for Ford's New SYNC+ Infotainment System, Powered by Baidu

    BEIJING , April 3, 2019 /PRNewswire/ -- iQIYI, Inc. (NASDAQ:IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment company in China , today announced that ...

  • Consider these five China investments as trade talks progress
    MarketWatch20 days ago

    Consider these five China investments as trade talks progress

    A year ago, there was talk about how a crashing economy and a trade war was going to tear apart China and spill into the West. Case in point: The iShares China Large-Cap ETF (FXI) the largest China-focused exchange traded fund with more than $6 billion under management, is up 15% since Jan. 1 to slightly outperform the S&P 500 Index’s (SPX) returns. Chinese stocks are looking to build on this success over the past few months, too, on the heels of recent data that showed the nation’s manufacturing sector expanded at the fastest rate in eight months.

  • 3 Monster Chinese Stocks in the Making
    Motley Fool23 days ago

    3 Monster Chinese Stocks in the Making

    Look past near-term volatility and book a ticket to growth with Baozun, iQiyi, and Huya.

  • What Should You Know About iQIYI, Inc.'s (NASDAQ:IQ) Long Term Outlook?
    Simply Wall St.24 days ago

    What Should You Know About iQIYI, Inc.'s (NASDAQ:IQ) Long Term Outlook?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! The latest earnings announcement iQIYI, Inc. (NASDAQ:IQ) released in December 2018 revealed difficult times...

  • Lyft Valued at $22.4 Billion After Rising in Trading Debut
    Bloomberg25 days ago

    Lyft Valued at $22.4 Billion After Rising in Trading Debut

    Shares opened Friday morning at $87.24 -- 21 percent above the IPO price of $72 -- and drifted downward in the afternoon, closing up 8.7 percent to $78.29 in New York. After Lyft’s co-founders Logan Green and John Zimmer rang the Nasdaq opening bell from a driver center in Los Angeles, shares took more than two hours to start trading. Zimmer said they decided to forgo the traditional opening ceremony on the floor of the exchange to be with the company’s drivers.

  • Red-Hot Huya Stock Is a Buy … on Every Dip
    InvestorPlace25 days ago

    Red-Hot Huya Stock Is a Buy … on Every Dip

    There are two ways to view Huya's (NYSE:HUYA) recent stock performance. On the one hand, if you bought HUYA stock last summer, things are still looking rather sour (Huya's stock is down near-50% from its 2018 high).Source: Shutterstock On the other hand, if you bought at the beginning of the year when the market was at peak pessimism, you are already up a cool 74% year-to-date.What explains Huya's incredible volatility? And can the stock's exhilarating gains continue? Let's take a closer look at the business and what makes HUYA stock stand out compared to its Chinese streaming video peers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Huya's Mission: Connecting GamersA lot of people like to trade Chinese stocks based on momentum, social media gossip, and other such transitory factors. But it can be helpful to take a closer look at the underlying business associated with the ticker symbol. What makes Huya's business unique? Earlier this month, Huya CEO Rongjie Dong participated in the company's first U.S. media event since last year's IPO. Dong described how Huya found its core business:"When League of Legends was all the rage back in 2013 and 2014, users wanted to know why some users excelled and some did not. We spotted the rise in demand by then and developed a business model with which users can watch game streamers play and communicate with them."When asked about the company's sustainable competitive advantage, Dong replied that:"The two important indicators for the competitiveness of content companies are firstly, consistently outputting good contents and secondly, constantly producing more and more good content. The point is how to attract and retain the creators who produce high-quality content to stay on our platform instead of other platforms."As we've seen with Youtube (NASDAQ:GOOG, NASDAQ:GOOGL) and other streaming platforms, the owners can lose a ton of goodwill if they don't treat their content creators well. * 7 Mid-Cap Growth Stocks That Could Be the Next Amazon or Netflix Considering the hugely competitive landscape in China, much more so than the U.S., it's important the Huya is focused here. Additionally, Huya has spent heavily on infrastructure so its live streams of gaming matches arrive faster than the competitions'. Huya's Remarkable GrowthAmerican investors have taken a liking to Chinese streaming video plays. Momo (NASDAQ:MOMO), IQIYI (NASDAQ:IQ), Huya and others have all been hot stocks over the past year.Of those three, however, Huya has been leading the way. Over the past six months, HUYA stock has posted a 14% gain, compared to 15% and 18% losses for Momo and IQIYI, respectively. Year to date, HUYA stock is leading the way, up 74%. MOMO stock is up 58% and IQ stock is up 53%. All have been fine performers, but Huya has been the winner.To understand why, look at revenue growth. Huya managed an absurdly good 103% revenue growth rate last quarter. Momo and IQIYI were no slouches, either, with 50% and 45% revenue growth for their quarters. But Huya is operating on a different level entirely. It's also worth considering that Huya is delivering huge ARPU growth, as its user base was up around 40% yet it managed to more than double revenues.A big part of that came because Huya has been able to convert free users to premium paying members. Huya's premium base grew more than 70% to almost 5 million users. As we've seen with Spotify (NYSE:SPOT), it's pivotal for these sorts of services to be able to up-sell free ad-driven users to subscription recurring revenues if you want to deliver consistent profits. Huya's Economics: Pretty GoodStreaming audio and video companies have notoriously struggled to make money. Even the undisputed global champion, Netflix (NASDAQ:NFLX), took many years to become consistently profitable and still trades at a sky-high P/E ratio. Investors in this space are willing to grant companies a lot of time to build out their user base before turning on the profit spigot.That's what makes HUYA stock even more impressive. Huya is still in its early years. Just look at that 103% revenue growth rate if you need further evidence of the untapped potential still in play in here. Despite that, Huya is already turning out decent positive EPS. Last quarter alone, it earned 11 cents per share.That was way ahead of the Street's 5 cent estimate. Momo, it's worth noting, is also quite profitable. However, it's much larger and more mature overall. Huya, by contrast, seemingly has a higher growth ceiling. IQIYI, for what it's worth, has higher content costs and, as a result, is not expected to become profitable anytime soon. HUYA Stock VerdictHUYA stock got dumped during the rush out of any and all Chinese equities late last year. Even businesses such as the streaming video players, which have nothing to do with international trade, got dragged down by the tariff wars. Investors have woken up to the growth in these names, however, and powered the sector right back up to start 2019.This makes it tough to offer a straight buy or sell call. I hate chasing momentum trades after they've already made huge moves. That said, Huya's business is absolutely booming.All signs point to HUYA stock trading higher by the end of the year. However, the stock is up 74% in three months. HUYA stock looks great on fundamentals, but wait for some sort of dip or correction to get in. * 7 Dividend Stocks With Double-Digit Increases Or, alternatively, consider selling puts on HUYA stock to either earn income or get a long position established at a better price.At the time of this writing, Ian Bezek held no positions in any of the aforementioned securities. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 4 Pot Stocks That Could Be Fizzling Out * 7 Mid-Cap Growth Stocks That Could Be the Next Amazon or Netflix Compare Brokers The post Red-Hot Huya Stock Is a Buy … on Every Dip appeared first on InvestorPlace.

  • IQIYI, Inc. Sponsored ADR (IQ) Gains But Lags Market: What You Should Know
    Zacks26 days ago

    IQIYI, Inc. Sponsored ADR (IQ) Gains But Lags Market: What You Should Know

    IQIYI, Inc. Sponsored ADR (IQ) closed at $22.74 in the latest trading session, marking a +0.13% move from the prior day.

  • iQiyi Is Raising Money at the Wrong Time
    Motley Fool27 days ago

    iQiyi Is Raising Money at the Wrong Time

    China's top dog in video streaming takes a hit after its second convertible notes offering in a little more than three months.

  • China's IQiyi Utilizing AI for Video Streaming, CTO Says
    Bloomberg11 days ago

    China's IQiyi Utilizing AI for Video Streaming, CTO Says

    Apr.11 -- Wenfeng Liu, chief technology officer of IQiyi Inc., China’s most popular Netflix-like streaming service controlled by search giant Baidu Inc., talks about the company's strategy and outlook. He speaks on "Bloomberg Daybreak: Australia."