Now Is A Good Time To Buy iQIYI Inc ADR (NASDAQ: IQ)

ZM Stock

During the recent session, iQIYI Inc ADR (NASDAQ:IQ)’s traded shares were 7.82 million, with the beta value of the company hitting -0.18. At the last check today, the stock’s price was $2.42, reflecting an intraday gain of 4.24% or $0.1. The 52-week high for the IQ share is $5.80, that puts it down -139.67 from that peak though still a striking 24.79% gain since the share price plummeted to a 52-week low of $1.82. The company’s market capitalization is $1.27B, and the average trade volume was 25.86 million shares over the past three months.

iQIYI Inc ADR (IQ) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.04. IQ has a Sell rating from 1 analyst(s) out of 21 analysts who have looked at this stock. 10 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it.

iQIYI Inc ADR (NASDAQ:IQ) trade information

iQIYI Inc ADR (IQ) registered a 4.24% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.24% in intraday trading to $2.42, hitting a weekly high. The stock’s 5-day price performance is 16.27%, and it has moved by 11.45% in 30 days. Based on these gigs, the overall price performance for the year is -29.90%.

The consensus price target of analysts on Wall Street is $3.3, which implies an increase of 26.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3 and $3.6 respectively. As a result, IQ is trading at a discount of -48.76% off the target high and -23.97% off the low. While earnings are projected to return 20.61% in 2025, the next five years will return 22.21% per annum.

IQ Dividends

iQIYI Inc ADR is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

iQIYI Inc ADR (NASDAQ:IQ)’s Major holders

The next largest institutional holding, with 26.81 million shares, is of JPMORGAN CHASE & CO’s that is approximately 2.7319% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $98.38 million.

Also, the Mutual Funds coming in first place with the largest holdings of iQIYI Inc ADR (IQ) shares are KraneShares CSI China Internet ETF and Vanguard International Stock Index-Total Intl Stock Indx. Data provided on Dec 31, 2024 indicates that KraneShares CSI China Internet ETF owns about 20.31 shares. This amounts to just over 3.87 percent of the company’s overall shares, with a $48.14 million market value. The same data shows that the other fund manager holds slightly less at 6.21, or about 1.18% of the stock, which is worth about $14.71 million.