iQIYI stock gains 3.82 percent as AI film series passes RMB 8 million
Published on 10/07/2026 at 02:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSiQIYI stock (ISIN US46267X1081) gained 3.82 percent to USD 1.03 on Nasdaq on October 5, 2026, after opening at USD 0.99 and reaching a session high of USD 1.03. The company is now testing whether AI-driven content can improve the economics of its streaming business as its latest film series passed RMB 8 million in revenue-sharing.
AI series crosses RMB 8 million
According to PR Newswire on October 1, 2026, iQIYI's AIGC series The Ferry Man exceeded RMB 8 million in cumulative revenue-sharing as of September 23. The third installment debuted on October 1, while the first two films recovered their production costs within the first week under the revenue-sharing model.
The figure is a platform revenue-sharing amount rather than iQIYI's reported revenue. That distinction matters because the series offers an early operating signal, but it does not yet establish a comparable improvement in group-level sales or profit.
Q2 revenue falls, cash flow improves
In the second quarter of 2026, iQIYI generated RMB 6.29 billion in revenue and posted a net loss attributable to common shareholders of RMB 287.5 million. The revenue total was up 1 percent sequentially in the company's earnings call, while content distribution revenue rose 90 percent sequentially to RMB 681.5 million, according to Yahoo Finance.
Operating cash flow reached RMB 339.6 million in Q2, compared with RMB 186.4 million in Q1. The non-GAAP operating loss also narrowed from RMB 148.6 million to RMB 130.3 million, placing profitability closer to break-even even as membership services revenue declined 4 percent sequentially to RMB 4.0 billion.
Consensus target stays above price
MarketBeat reported on October 4, 2026, that six analysts carried a consensus Hold rating, with four Hold ratings, one Sell and one Buy. The average 12-month target was USD 1.73, while JPMorgan cut its target from USD 2.20 to USD 1.20 and Goldman Sachs set a USD 1.40 objective on August 20.
The consensus target lies 67.96 percent above the October 5 price of USD 1.03. For investors, the central test is whether AI production efficiency and content distribution growth can offset weaker membership revenue.
iQIYI stock holds above USD 1
iQIYI stock closed at USD 1.03 on Nasdaq on October 5, 2026, with a 52-week range of USD 0.86 to USD 2.51 and market capitalization of USD 994.0 million. Volume was 3,271,316 shares.
iQIYI stock facts
- Company: iQIYI, Inc.
- ISIN: US46267X1081
- Ticker: IQ
- Trading venue: Nasdaq
- Price (as of October 5, 2026): USD 1.03, closing price
- Market capitalization: USD 994.0 million (as of October 5, 2026)
- 52-week range: USD 0.86-2.51 (as of October 5, 2026)
- Sector / Industry: Communication Services / Entertainment
