iQIYI: Room For Upside
iQIYI(IQ) Seeking Alpha·2024-03-18 21:01
Giuliano Benzin Spun-off by Baidu (BIDU) in 2018, iQIYI (NASDAQ:IQ) has faced a precipitous decline in share price from an over $40 peak in 2018 to around $4 as of late. iQIYI stands out amongst competitors/peers as having achieved so far sustained profitability, but this does not seem to be reflected in current prices with the stock plummeting by similar percentages. In relation to these competitors iQIYI stacks up favourably, and although there are some risks to consider as well as questionable Q4 res ...