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J.P. Morgan Remains a Hold on Iqiyi (IQ)

Tipranks - Thu May 29, 2025

In a report released on May 26, Daniel Chen CFA from J.P. Morgan maintained a Hold rating on Iqiyi (IQResearch Report), with a price target of $1.70. The company’s shares closed yesterday at $1.69.

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According to TipRanks, Chen CFA is a 3-star analyst with an average return of 3.7% and a 45.95% success rate. Chen CFA covers the Communication Services sector, focusing on stocks such as Iqiyi, NetEase, and Kuaishou Technology Class B.

Currently, the analyst consensus on Iqiyi is a Moderate Buy with an average price target of $2.13.

Based on Iqiyi’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.61 billion and a GAAP net loss of $189.36 million. In comparison, last year the company earned a revenue of $7.71 billion and had a net profit of $466.23 million

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