iQIYI with ticker code (IQ) now have 21 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 30.25 and 17.03 calculating the mean target price we have 24.92. Now with the previous closing price of 27.69 this would indicate that there is a downside of -10.0%. The 50 day moving average now sits at 24.58 while the 200 day moving average is 22.7. The market cap for the company is $20,869m. Find out more information at: http://www.iqiyi.com
iQIYI, together with its subsidiaries, provides online entertainment services under the iQIYI brand in the People’s Republic of China. The company offers internet video, online games, live broadcasting, online literature, animations, e-commerce, and social media platform. It operates a platform that provides a collection of internet video content, including professionally-produced content licensed from professional content providers and self-produced content. The company also provides membership, content distribution, and online advertising services. In addition, it operates iQIYI Mall, an e-commerce platform with a focus on entertainment-related merchandise, such as VR glasses, as well as sells electronics, apparel and accessories, and beauty and skincare products; iQIYI Show, a live broadcasting service which enables users to follow their favorite hosts, celebrities and shows in real time through live broadcasting; and iQIYI Paopao, an entertainment-based social media platform. Further, it is involved in the talent agency and IP licensing business, as well as developing a video community app Suike. The company was formerly known as Qiyi.com and changed its name to iQIYI in November 2017. iQIYI was incorporated in 2009 and is headquartered in Beijing, China. iQIYI is a subsidiary of Baidu Holdings Limited.
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