iQIYI, Inc. (IQ)

iQIYI Stock Forecast

IQ's stock price has decreased by -63% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 4 analysts with 12-month price forecasts for iQIYI stock have an average target of 69.2, with a low estimate of 2.80 and a high estimate of 268. The average target predicts an increase of 3,412.69% from the current stock price of 1.97.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$2.80	$69.2	$3.00	$268
Change	+42.13%	+3412.7%	+52.28%	+13504.1%

* Price targets were last updated on Aug 27, 2024.

Analyst Ratings

The average analyst rating for iQIYI stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	1	1	1	1
Buy	0	0	0	0	0	0
Hold	3	1	3	3	3	3
Sell	0	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	5	4	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lincoln Kong Goldman Sachs	Goldman Sachs	Strong Buy → Hold Downgrades $2.8	Strong Buy → Hold	Downgrades	$2.8	+42.13%	Aug 27, 2024
Fawne Jiang Benchmark	Benchmark	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Aug 23, 2024
Fawne Jiang Benchmark	Benchmark	Strong Buy Maintains $9 → $5	Strong Buy	Maintains	$9 → $5	+153.81%	Jul 31, 2024
Daniel Chen JP Morgan	JP Morgan	Hold Maintains $5 → $3	Hold	Maintains	$5 → $3	+52.28%	Jul 23, 2024
Charlene Liu HSBC	HSBC	Hold → Sell Downgrades $4.7 → $3	Hold → Sell	Downgrades	$4.7 → $3	+52.28%	Jul 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

30.96B

Decreased by -2.88%

from 31.87B

Revenue Next Year

32.44B

Increased by 4.78%

from 30.96B

EPS This Year

1.23

Decreased by -37.30%

from 1.96

EPS Next Year

1.94

Increased by 57.97%

from 1.23

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	28.99B	29.71B	30.55B	29.00B	31.87B	30.96B	32.44B	33.88B
Revenue Growth	16.03%	2.46%	2.85%	-5.10%	9.91%	-2.88%	4.78%	4.46%
EPS	-14.16	-9.53	-7.78	-0.16	1.96	1.23	1.94	2.48
EPS Growth	-	-	-	-	-	-37.30%	57.97%	27.53%
Forward PE	-	-	-	-	-	11.60	7.34	5.76
No. Analysts	-	-	-	-	-	28	27	22

Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	32.0B	34.8B	37.0B
Avg	31.0B	32.4B	33.9B
Low	29.1B	29.0B	29.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	0.3%	12.4%	13.9%
Avg	-2.9%	4.8%	4.5%
Low	-8.7%	-6.4%	-10.0%

EPS Forecast

EPS	2024	2025	2026	2027
High	1.97	3.28	3.79
Avg	1.23	1.94	2.48
Low	0.64	0.47	0.78

EPS Growth

EPS Growth	2024	2025	2026	2027
High	0.7%	167.2%	95.4%
Avg	-37.3%	58.0%	27.5%
Low	-67.5%	-61.7%	-59.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.