|Bid||12.86 x 3000|
|Ask||12.86 x 3200|
|Day's Range||12.33 - 12.95|
|52 Week Range||12.14 - 28.97|
|Beta (5Y Monthly)||0.82|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 18, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.08|
iQIYI, Inc. (NASDAQ:IQ) ("iQIYI" or 'the Company'), an innovative market-leading online entertainment service in China, held its 2021 iQIYI World Conference ('the Conference'), themed "We are Together Witnessing the Brand New Future," in Shanghai on May 13 and 14. The Conference featured 17 forums that were attended by industry professionals, scholars and iQIYI partners from around the world. Attendees at the event exchanged their views on the most important trends in the industry, covering hot topics such as content, technology, the membership economy, the IP ecosystem, and new modes of consumption.
Chinese video streaming platform iQiyi, majority-owned by Baidu, may be able to turn a profit in five years, its chief executive told Reuters in an interview. iQiyi, which incorporates artificial intelligence to predict viewership and box office, will turn to "intelligent production" to partly help it cut cost and turn a profit in the future, founder and CEO Gong Yu said on Friday. The Nasdaq-listed company, sometimes described as China's Netflix, has expanded from being a video streaming platform to also generating self-produced video content, including drama series and variety shows.
What happened iQiyi (NASDAQ: IQ) shareholders lost ground to a booming market last month. The stock dropped 12% in April compared with a 5.2% spike in the S&P 500, according to data provided by S&P Global Market Intelligence.