Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest update is out from Iqiyi ( (IQ) ).
iQIYI reported unaudited results for the quarter ended March 31, 2026, showing a 13% year-on-year decline in revenue to RMB6.23 billion as membership, advertising, content distribution and other revenues all fell, with lighter content output and macro pressures cited. The company swung from operating profit to an operating loss of RMB228.4 million and posted a net loss of RMB294.6 million, though it remained cash-flow positive and continued to cut costs, while repurchasing US$207.8 million of its 6.50% convertible notes due 2028 and highlighting AI-driven efficiency measures and a planned Hong Kong listing and share buyback as part of a broader strategy to bolster long-term growth and shareholder value.
iQIYI reported unaudited results for the quarter ended March 31, 2026, showing a 13% year-on-year decline in revenue to RMB6.23 billion as membership, advertising, content distribution and other revenues all fell, with lighter content output and macro pressures cited. The company swung from operating profit to an operating loss of RMB228.4 million and posted a net loss of RMB294.6 million, though it remained cash-flow positive and continued to cut costs, while repurchasing US$207.8 million of its 6.50% convertible notes due 2028 and highlighting AI-driven efficiency measures and a planned Hong Kong listing and share buyback as part of a broader strategy to bolster long-term growth and shareholder value.
The most recent analyst rating on (IQ) stock is a Buy with a $1.80 price target. To see the full list of analyst forecasts on Iqiyi stock, see the IQ Stock Forecast page.
Spark’s Take on IQ Stock
According to Spark, TipRanks’ AI Analyst, IQ is a Neutral.
The score is held back primarily by weakened 2025 financial performance—especially the steep decline in operating/free cash flow—and strong negative technical trend signals. The earnings call adds some support via improving membership/ads and overseas momentum plus diversification initiatives, but thin margins and cash/related-party risk keep the outlook cautious; valuation provides limited support due to losses and no dividend.
To see Spark’s full report on IQ stock, click here.
More about Iqiyi
iQIYI, Inc. is a leading provider of online entertainment video services in China, operating a streaming platform focused on subscription-based membership, advertising-supported content and content distribution. The company targets domestic viewers while expanding its overseas business, and is listed on Nasdaq with plans for a Hong Kong Main Board listing.
Average Trading Volume: 10,238,811
Technical Sentiment Signal: Sell
Current Market Cap: $1.12B
For detailed information about IQ stock, go to TipRanks’ Stock Analysis page.

