iQIYI (IQ) Stock Forecast, Price Target & Predictions
IQ Stock Forecast
iQIYI stock forecast is as follows: an average price target of $10.86 (represents a 429.76% upside from IQ’s last price of $2.05) and a rating consensus of 'Hold', based on 26 wall street analysts offering a 1-year stock forecast.
IQ Price Target
The average price target for iQIYI (IQ) is $10.86 based on 1-year price targets from 26 Wall Street analysts in the past 3 months, with a price target range of $19.00 to $2.50. This represents a potential 429.76% upside from IQ's last price of $2.05.
IQ Analyst Ratings
According to 26 Wall Street analysts, iQIYI's rating consensus is 'Hold'. The analyst rating breakdown for IQ stock is 0 'Strong Buy' (0.00%), 9 'Buy' (34.62%), 16 'Hold' (61.54%), 1 'Sell' (3.85%), and 0 'Strong Sell' (0.00%).
iQIYI Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 26, 2024 | Siti Salikin | CFRA | $2.50 | $2.31 | 7.99% | 21.95% |
| Jul 23, 2024 | Charlene Liu | HSBC | $3.00 | $3.38 | -11.24% | 46.34% |
| May 16, 2024 | Thomas Chong | Jefferies | $6.10 | $5.79 | 5.35% | 197.56% |
| Jan 09, 2023 | - | Goldman Sachs | $4.90 | $6.00 | -18.40% | 139.02% |
| Nov 23, 2022 | - | Goldman Sachs | $4.40 | $2.49 | 76.71% | 114.63% |
| Nov 02, 2021 | Felix Liu | UBS | $9.50 | $8.50 | 11.76% | 363.41% |
| Aug 16, 2021 | Eddie Leung | Bank of America Securities | $18.90 | $8.98 | 110.47% | 821.95% |
| Aug 13, 2021 | Hans Chung | D.A. Davidson | $19.00 | $9.47 | 100.63% | 826.83% |
| May 20, 2021 | Alex Xie | Credit Suisse | $15.80 | $13.95 | 13.26% | 670.73% |
| Apr 15, 2021 | Ella Ji | China Renaissance Securities (US) Inc. | $18.00 | $15.17 | 18.66% | 778.05% |
The latest iQIYI stock forecast, released on Aug 26, 2024 by Siti Salikin from CFRA, set a price target of $2.50, which represents a 7.99% increase from the stock price at the time of the forecast ($2.31), and a 21.95% increase from IQ last price ($2.05).
iQIYI Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 3 |
| Avg Price Target | $2.50 | $2.75 | $3.87 |
| Last Closing Price | $2.05 | $2.05 | $2.05 |
| Upside/Downside | 21.95% | 34.15% | 88.78% |
In the current month, the average price target of iQIYI stock is $2.50, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 21.95% increase as opposed to iQIYI's last price of $2.05. This month's average price target is down -9.09% compared to last quarter, and down -35.40% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 27, 2024 | Goldman Sachs | Buy | Neutral | Downgrade |
| Aug 23, 2024 | Benchmark | Buy | Hold | Downgrade |
| Jul 31, 2024 | Benchmark | Buy | Buy | Hold |
| Jul 23, 2024 | HSBC | - | Reduce | Downgrade |
| May 17, 2024 | Bank of America Securities | Buy | Buy | Hold |
| May 16, 2024 | Jefferies | Buy | Buy | Hold |
| Apr 04, 2024 | OTR Global | Positive | Mixed | Downgrade |
| Oct 06, 2023 | OTR Global | Mixed | Positive | Upgrade |
| Jul 27, 2023 | Macquarie | - | Neutral | Upgrade |
| Mar 06, 2023 | Vertical Research | Buy | Hold | Downgrade |
iQIYI's last stock rating was published by Goldman Sachs on Aug 27, 2024. The company Downgrade its IQ rating from "Buy" to "Neutral".
iQIYI Financial Forecast
iQIYI Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $8.35B | $7.59B | $7.47B | $6.66B |
| Avg Forecast | $7.84B | $7.72B | $7.29B | $7.46B | $7.56B | $7.45B | $7.41B | $7.85B | $7.69B | $8.01B | $7.79B | $7.95B | $7.46B | $7.35B | $6.70B |
| High Forecast | $7.89B | $7.77B | $7.34B | $7.51B | $7.61B | $7.53B | $7.46B | $7.90B | $7.75B | $8.07B | $7.84B | $8.01B | $7.51B | $7.40B | $6.70B |
| Low Forecast | $7.70B | $7.58B | $7.17B | $7.33B | $7.43B | $7.32B | $7.28B | $7.72B | $7.56B | $7.87B | $7.65B | $7.82B | $7.33B | $7.22B | $6.70B |
| # Analysts | 5 | 2 | 2 | 2 | 3 | 7 | 4 | 5 | 9 | 4 | 7 | 4 | 3 | 3 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.02% | 1.02% | 0.99% |
iQIYI's average Quarter revenue forecast for Jun 23 based on 7 analysts is $7.79B, with a low forecast of $7.65B, and a high forecast of $7.84B. IQ's average Quarter revenue forecast represents a -6.75% decrease compared to the company's last Quarter revenue of $8.35B (Mar 23).
iQIYI EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 2 | 2 | 2 | 3 | 7 | 4 | 5 | 9 | 4 | 7 | 4 | 3 | 3 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $899.37M | $450.04M | $-90.97M | $114.81M |
| Avg Forecast | $-149.92M | $-147.61M | $-139.52M | $-142.70M | $-144.58M | $-142.61M | $-141.79M | $654.17M | $-147.21M | $-153.28M | $-148.94M | $699.65M | $-142.71M | $-1.32B | $-128.09M |
| High Forecast | $-147.31M | $-145.04M | $-137.10M | $-140.22M | $-142.07M | $-140.13M | $-139.32M | $785.00M | $-144.65M | $-150.61M | $-146.35M | $839.57M | $-140.23M | $-1.05B | $-128.09M |
| Low Forecast | $-150.92M | $-148.60M | $-140.45M | $-143.65M | $-145.55M | $-144.01M | $-142.73M | $523.34M | $-148.19M | $-154.30M | $-149.94M | $559.72M | $-143.66M | $-1.58B | $-128.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.29% | -3.15% | 0.07% | -0.90% |
7 analysts predict IQ's average Quarter EBITDA for Jun 23 to be $-148.94M, with a high of $-146.35M and a low of $-149.94M. This is -116.56% lower than iQIYI's previous annual EBITDA (Mar 23) of $899.37M.
iQIYI Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 2 | 2 | 2 | 3 | 7 | 4 | 5 | 9 | 4 | 7 | 4 | 3 | 3 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $618.11M | $304.26M | $-394.88M | $-201.40M |
| Avg Forecast | $693.60M | $141.35M | $161.07M | $437.20M | $449.02M | $108.88M | $243.96M | $306.00M | $624.09M | $617.65M | $479.20M | $327.27M | $434.50M | $-1.66B | $-147.96M |
| High Forecast | $699.62M | $142.58M | $162.47M | $440.99M | $452.92M | $109.82M | $246.07M | $367.20M | $629.50M | $623.01M | $483.36M | $392.73M | $438.27M | $-1.33B | $-147.96M |
| Low Forecast | $677.91M | $138.16M | $157.43M | $427.32M | $438.87M | $106.43M | $238.44M | $244.80M | $561.68M | $603.69M | $468.37M | $261.82M | $424.67M | $-2.00B | $-147.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.89% | 0.70% | 0.24% | 1.36% |
iQIYI's average Quarter net income forecast for Jun 23 is $479.20M, with a range of $468.37M to $483.36M. IQ's average Quarter net income forecast represents a -22.47% decrease compared to the company's last Quarter net income of $618.11M (Mar 23).
iQIYI SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 2 | 2 | 2 | 3 | 7 | 4 | 5 | 9 | 4 | 7 | 4 | 3 | 3 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $1.11B | $940.90M | $980.29M | $800.60M |
| Avg Forecast | $1.18B | $1.17B | $1.10B | $1.13B | $1.14B | $1.13B | $1.12B | $1.35B | $1.16B | $1.21B | $1.18B | $1.44B | $1.13B | $1.20B | $1.01B |
| High Forecast | $1.19B | $1.17B | $1.11B | $1.13B | $1.15B | $1.14B | $1.13B | $1.62B | $1.17B | $1.22B | $1.18B | $1.73B | $1.13B | $1.44B | $1.01B |
| Low Forecast | $1.16B | $1.15B | $1.08B | $1.11B | $1.12B | $1.11B | $1.10B | $1.08B | $1.14B | $1.19B | $1.16B | $1.15B | $1.11B | $958.89M | $1.01B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.77% | 0.83% | 0.82% | 0.79% |
iQIYI's average Quarter SG&A projection for Jun 23 is $1.18B, based on 7 Wall Street analysts, with a range of $1.16B to $1.18B. The forecast indicates a 6.35% rise compared to IQ last annual SG&A of $1.11B (Mar 23).
iQIYI EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 2 | 2 | 2 | 3 | 7 | 4 | 5 | 9 | 4 | 7 | 4 | 3 | 3 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.63 | $0.35 | $-0.45 | $-0.23 |
| Avg Forecast | $0.71 | $0.14 | $0.16 | $0.45 | $0.46 | $0.11 | $0.25 | $0.58 | $0.64 | $0.63 | $0.49 | $0.61 | $0.44 | $0.15 | $-0.15 |
| High Forecast | $0.71 | $0.15 | $0.17 | $0.45 | $0.46 | $0.11 | $0.25 | $0.59 | $0.64 | $0.64 | $0.49 | $0.62 | $0.45 | $0.15 | $-0.15 |
| Low Forecast | $0.69 | $0.14 | $0.16 | $0.44 | $0.45 | $0.11 | $0.24 | $0.57 | $0.57 | $0.62 | $0.48 | $0.60 | $0.43 | $0.15 | $-0.15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.79% | -3.00% | 1.51% |
According to 7 Wall Street analysts, iQIYI's projected average Quarter EPS for Jun 23 is $0.49, with a low estimate of $0.48 and a high estimate of $0.49. This represents a -22.36% decrease compared to IQ previous annual EPS of $0.63 (Mar 23).
iQIYI Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| IQ | iQIYI | $2.05 | $10.86 | 429.76% | Hold |
| AMCX | AMC Networks | $8.87 | $26.67 | 200.68% | Hold |
| WBD | Warner Bros. Discovery | $8.45 | $17.13 | 102.72% | Buy |
| SBGI | Sinclair Broadcast Group | $13.97 | $27.43 | 96.35% | Buy |
| ROKU | Roku | $74.67 | $123.63 | 65.57% | Buy |
| PARA | Paramount Global | $10.44 | $17.04 | 63.22% | Buy |
| DIS | Walt Disney Company | $92.86 | $137.03 | 47.57% | Buy |
| MCS | Marcus | $14.86 | $20.00 | 34.59% | Buy |
| IMAX | IMAX | $20.60 | $24.13 | 17.14% | Buy |
| MSGS | Madison Square Garden Sports | $207.49 | $230.00 | 10.85% | Buy |
| LYV | Live Nation Entertainment | $102.92 | $113.70 | 10.47% | Buy |
| AMC | AMC Entertainment | $4.82 | $5.17 | 7.26% | Hold |
| EDR | Endeavor Group | $27.58 | $28.75 | 4.24% | Hold |
| WWE | World Wrestling Entertainment | $100.65 | $93.80 | -6.81% | Buy |
| NFLX | Netflix | $706.91 | $550.73 | -22.09% | Buy |
IQ Forecast FAQ
Is iQIYI a good buy?
No, according to 26 Wall Street analysts, iQIYI (IQ) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 34.62% of IQ's total ratings.
What is IQ's price target?
iQIYI (IQ) average price target is $10.86 with a range of $2.5 to $19, implying a 429.76% from its last price of $2.05. The data is based on 26 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will iQIYI stock go up soon?
According to Wall Street analysts' prediction for IQ stock, the company can go up by 429.76% (from the last price of $2.05 to the average price target of $10.86), up by 826.83% based on the highest stock price target, and up by 21.95% based on the lowest stock price target.
Can iQIYI stock reach $3?
IQ's average twelve months analyst stock price target of $10.86 supports the claim that iQIYI can reach $3 in the near future.
What is iQIYI's current price target trend?
1 Wall Street analyst forecast a $2.5 price target for iQIYI (IQ) this month, up 21.95% from its last price of $2.05. Compared to the last 3 and 12 months, the average price target increased by 34.15% and increased by 88.78%, respectively.
What are iQIYI's analysts' financial forecasts?
iQIYI's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $30.27B (high $30.5B, low $29.75B), average EBITDA is $225.18M (high $363.48M, low $91.04M), average net income is $1.11B (high $1.18B, low $1.03B), average SG&A $4.74B (high $5.03B, low $4.41B), and average EPS is $1.4 (high $1.41, low $1.37). IQ's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $30.3B (high $30.51B, low $29.78B), average EBITDA is $-580M (high $-570M, low $-584M), average net income is $1.43B (high $1.45B, low $1.4B), average SG&A $4.58B (high $4.61B, low $4.5B), and average EPS is $1.46 (high $1.48, low $1.43).
Did the IQ's actual financial results beat the analysts' financial forecasts?
Based on iQIYI's last annual report (Dec 2022), the company's revenue was $29B, beating the average analysts forecast of $21.51B by 34.84%. Apple's EBITDA was $849.16M, missing the average prediction of $-1.588B by -153.49%. The company's net income was $-118M, missing the average estimation of $-1.377B by -91.45%. Apple's SG&A was $3.47B, beating the average forecast of $3.34B by 3.88%. Lastly, the company's EPS was $-0.14, missing the average prediction of $0.441 by -131.75%. In terms of the last quarterly report (Mar 2023), iQIYI's revenue was $8.35B, beating the average analysts' forecast of $7.95B by 4.97%. The company's EBITDA was $899.37M, beating the average prediction of $699.65M by 28.55%. iQIYI's net income was $618.11M, beating the average estimation of $327.27M by 88.87%. The company's SG&A was $1.11B, missing the average forecast of $1.44B by -23.28%. Lastly, the company's EPS was $0.63, beating the average prediction of $0.61 by 3.20%