iQIYI Announces First Quarter 2024 Financial Results

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iQIYI (IQ) PT Raised to $6.20 at BofA Securities

May 17, 2024 4:48 AM EDT

BofA Securities analyst Eddie Leung raised the price target on iQIYI (NASDAQ: IQ) to $6.20 (from $5.50) while maintaining a Buy rating.

The analyst comments "iQIYI (IQ) delivered inline revenue while better profit growth in 1Q, and co stops to disclose no. of paying subscriber and ARM for better internal biz management starting from... More

iQIYI (IQ) PT Raised to $6.10 at Jefferies

May 16, 2024 3:11 PM EDT

Jefferies analyst Thomas Chong raised the price target on iQIYI (NASDAQ: IQ) to $6.10 (from $5.30) while maintaining a Buy rating.

The analyst comments "IQ reported 1Q results with revenue inline and non-GAAP earnings beating expectations. Management highlighted key focus areas include high-quality diversified content, AIGC,... More