In the last trading session, 29.73 million shares of the iQIYI Inc ADR (NASDAQ:IQ) were traded, and its beta was -0.13. Most recently the company’s share price was $2.14, and it changed around $0.12 or 5.94% from the last close, which brings the market valuation of the company to $1.12B. IQ currently trades at a discount to its 52-week high of $5.80, offering almost -171.03% off that amount. The share price’s 52-week low was $1.82, which indicates that the current value has risen by an impressive 14.95% since then.
iQIYI Inc ADR stock received a consensus recommendation rating of Hold, based on a mean score of 1.96. If we narrow it down even further, the data shows that 0 out of 21 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 10 recommended IQ as a Hold, whereas 9 deemed it a Buy, and 0 rated it as Underweight. iQIYI Inc ADR is expected to report earnings per share of 0.44 for the current quarter.
iQIYI Inc ADR (NASDAQ:IQ) trade information
Instantly IQ has showed a green trend with a performance of 5.94% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.20 on recent trading dayincreased the stock’s daily price by 2.73%. The company’s shares are currently up 6.47% year-to-date, but still up 2.39% over the last five days. On the other hand, iQIYI Inc ADR (NASDAQ:IQ) is -1.38% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $3.3, which translates to bulls needing to increase their stock price by 35.15% from its current value. Analyst projections state that IQ is forecast to be at a low of $3 and a high of $3.6.
iQIYI Inc ADR (IQ) estimates and forecasts
The year-over-year growth rate is expected to be 0.30%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 7.09B in revenue for the current quarter. 3 analysts expect iQIYI Inc ADR to make 7.32B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 7.93B and 7.44B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -10.50%. Forecasts for the next quarter put sales growth at -1.66%.
iQIYI Inc ADR earnings are expected to increase by 20.85% in 2025, but the outlook is positive 22.29% per year for the next five years.
IQ Dividends
iQIYI Inc ADR’s next quarterly earnings report is expected to be released in April.
JPMORGAN CHASE & CO, with 2.7319% or 26.81 million shares worth $98.38 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
KraneShares CSI China Internet ETF and Vanguard International Stock Index-Total Intl Stock Indx were the top two Mutual Funds as of Dec 31, 2024 . The former held 20.31 shares worth $43.46 million, making up 3.87% of all outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held roughly 6.21 shares worth around $13.28 million, which represents about 1.18% of the total shares outstanding.
