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iQIYI Inc has a consensus price target of $29.17 based on the ratings of 14 analysts. The high is $268 issued by Mizuho on February 23, 2024. The low is $2.8 issued by Goldman Sachs on August 27, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Benchmark, and JP Morgan on August 27, 2024, July 31, 2024, and July 23, 2024, respectively. With an average price target of $3.6 between Goldman Sachs, Benchmark, and JP Morgan, there's an implied 66.68% upside for iQIYI Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for iQIYI (NASDAQ:IQ) was reported by Goldman Sachs on August 27, 2024. The analyst firm set a price target for $2.80 expecting IQ to rise to within 12 months (a possible 29.64% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for iQIYI (NASDAQ:IQ) was provided by Goldman Sachs, and iQIYI downgraded their neutral rating.
The last upgrade for iQIYI Inc happened on October 6, 2023 when OTR Global raised their price target to N/A. OTR Global previously had a mixed for iQIYI Inc.
The last downgrade for iQIYI Inc happened on August 27, 2024 when Goldman Sachs changed their price target from N/A to $2.8 for iQIYI Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of iQIYI, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for iQIYI was filed on August 27, 2024 so you should expect the next rating to be made available sometime around August 27, 2025.
While ratings are subjective and will change, the latest iQIYI (IQ) rating was a downgraded with a price target of $0.00 to $2.80. The current price iQIYI (IQ) is trading at is $2.16, which is within the analyst’s predicted range.
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