iQIYI Inc. (NASDAQ: IQ) is -32.89% lower on its value in year-to-date trading and has touched a low of $1.86 and a high of $10.37 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IQ stock was last observed hovering at around $3.08 in the last trading session, with the day’s loss setting it -0.02% off its average median price target of $33.46 for the next 12 months. It is also 95.57% off the consensus price target high of $69.00 offered by 26 analysts, but current levels are 84.31% higher than the price target low of $19.50 for the same period.
Currently trading at $3.06, the stock is -11.80% and -18.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.16 million and changing -0.65% at the moment leaves the stock -25.04% off its SMA200. IQ registered -64.00% loss for a year compared to 6-month loss of -34.62%.
The stock witnessed a -10.79% gain in the last 1 month and extending the period to 3 months gives it a -32.89%, and is -8.38% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.82% over the week and 8.12% over the month.
iQIYI Inc. (IQ) has around 5856 employees, a market worth around $2.61B and $4.13B in sales. Fwd P/E is 4.77. Profit margin for the company is -12.30%. Distance from 52-week low is 64.52% and -70.49% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.10%).
iQIYI Inc. (IQ) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for iQIYI Inc. (IQ) is a “Overweight”. 26 analysts offering their recommendations for the stock have an average rating of 2.30, where 11 rate it as a Hold and 4 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
iQIYI Inc. is expected to release its quarterly report on 11/01/2022.The EPS is expected to grow by 18.40% this year
iQIYI Inc. (IQ) Top Institutional Holders
The shares outstanding are 867.80M, and float is at 328.73M with Short Float at 16.94%.
iQIYI Inc. (IQ): Who are the competitors?
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