The price of IQ is predicted to go up -18.71%, based on the high correlation periods with PEGA. The similarity of these two price pattern on the periods is 95.31%.
IQ
PEGA
Recent profitability suggest Iqiyi may have turned a corner and can maintain profitability despite slow membership growth.
Iqiyi remains a top-two competitor in terms of subscribership in the streaming video-on-demand industry and may benefit from consolidation.
The company saw brief success with blockbuster dramas in the past and may be able to replicate the blueprint in the long term.
Citigroup
2025-01-16
Price Target
$3 → $2.8
Upside
+49.73%