<div id="readability-page-1"><p><span>iQIYI (NASDAQ:IQ - Get Free Report)</span> had its price objective decreased by research analysts at Citigroup  from $3.00 to $2.80 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a &#34;buy&#34; rating on the stock. Citigroup's target price points to a potential upside of 50.13% from the company's current price.</p><ul><li>2 Tech Mid-Caps Under $10 With Big Upside</li></ul><p>IQ has been the subject of a number of other reports. HSBC raised shares of iQIYI from a &#34;reduce&#34; rating to a &#34;hold&#34; rating and set a $2.15 target price for the company in a research note on Thursday. OTR Global  restated a &#34;negative&#34; rating on shares of iQIYI in a research note on Wednesday, January 8th. Benchmark  restated a &#34;hold&#34; rating on shares of iQIYI in a research note on Friday, November 22nd. Finally, JPMorgan Chase &amp; Co. dropped their target price on iQIYI from $2.50 to $1.80 and set a &#34;neutral&#34; rating on the stock in a report on Friday, November 22nd. One investment analyst  has rated the stock with a sell rating, five have issued  a hold rating and one  has assigned  a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $2.91.</p><p><b>View Our Latest Stock Analysis on iQIYI</b></p><h2>iQIYI Trading Up 0.3 %</h2><p>NASDAQ IQ traded up $0.01 during trading hours on Thursday, hitting $1.87. The company's stock had a trading volume of 3,960,132 shares, compared to its average volume of 13,850,251. The stock has a fifty day moving average of $2.12 and a 200 day moving average of $2.58. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.65. iQIYI has a twelve month low of $1.82 and a twelve month high of $5.80. The firm has a market capitalization of $1.79 billion, a P/E ratio of 9.33, a PEG ratio of 1.99 and a beta of 0.02. </p><h2>Institutional Investors Weigh In On iQIYI</h2><p>A number of large investors have recently added to or reduced their stakes in the business. Skandinaviska Enskilda Banken AB publ bought a new position in shares of  iQIYI during the second quarter worth approximately $31,000.  Ground Swell Capital LLC bought a new position in shares of  iQIYI in the 3rd quarter valued at $32,000.  Flow Traders U.S. LLC acquired a new position in shares of  iQIYI during the 3rd quarter worth $32,000.  Seven Eight Capital LP acquired a new position in shares of  iQIYI during the 2nd quarter worth $42,000.  Finally, Vanguard Personalized Indexing Management LLC bought a new stake in shares of  iQIYI during the 2nd quarter worth $46,000. Institutional investors own  52.69% of the company's stock. </p><h2>iQIYI Company Profile</h2> (Get Free Report)<p>iQIYI, Inc, together with its subsidiaries, provides online entertainment video services in the People's Republic of China. It offers various products and services, including online video, online games, online literature, animations, and other products. The company operates a platform that provides a collection of internet video content, such as professionally produced content licensed from professional content providers and self-produced content.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than iQIYI</li><li>What is the Nasdaq? Complete Overview with History</li><li>Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact?</li><li>Low PE Growth Stocks: Unlocking Investment Opportunities</li><li>UnitedHealth Group Pulls Back Into Another Healthy Opportunity</li><li>Dividend Screener: How to Evaluate Dividend Stocks Before Buying</li><li>Micron Technology: Riding the AI Wave to Long-Term Growth</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SVE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SVE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in iQIYI Right Now?</h2><p>Before you consider iQIYI, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iQIYI wasn't on the list.</p><p>While iQIYI currently has a &#34;Hold&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Citigroup has lowered its price target for iQIYI (NASDAQ:IQ) from $3.00 to $2.80 while maintaining a "buy" rating. This new target suggests a potential upside of 50.13% from the current price of $1.87. Other analysts have varied opinions, with HSBC rating it as "hold" at $2.15, while JPMorgan set a target of $1.80 with a "neutral" rating. The stock currently has a consensus rating of "Hold" and a target price of $2.91, with institutional investors holding 52.69% of shares.</p>

- Citigroup has lowered its price target for iQIYI from $3.00 to $2.80, maintaining a "buy" rating, indicating a potential upside of 50.13%.  
- Other analysts have varied opinions, with HSBC upgrading to "hold" at $2.15, while JPMorgan reduced its target to $1.80 with a "neutral" rating.  
- iQIYI's stock is currently trading at $1.87, with institutional investors holding 52.69% of shares, reflecting mixed market sentiment.

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iQIYI (NASDAQ:IQ) Price Target Cut to $2.80 by Analysts at Citigroup