Stock fact sheet · data as of
iQIYI, Inc. (IQ): fair value, margin of safety and Wheel Score
Ticker symbol IQ · Communication Services · Entertainment · China · ADR · Speculative
IQ is an American depositary share (ADR): the US listing of iQIYI, Inc., whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.
Is IQ undervalued?
IQ has a margin of safety of 99%: the stock closed at 0.9185 on 5 Nov 2026 against a GLS average fair value of 92.41. 2 of the 2 valuation models that produced a number sit above the price. Our scans treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
Only 2 of the nine models produced a value (DCF, 10 Cap); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
The nightly engine files IQ under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for IQ
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 183.78 | +19909% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 1.04 | +13% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -3.59 | -490% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 1.40 | +52% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: IQ passes 4 of the nine Piotroski tests. Our scans drop the stock at the health filter; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 3.7 out of 10: returns on capital, margins or the balance sheet have not shown a lasting edge yet - often a young company, a thin-margin business or one that has only recently turned profitable.
Returns on capital are thin or negative - ROIC -0.7%, ROE -1.5%, ROA -0.4% - with debt at 1.14 times equity and a free-cash-flow yield of 2.4%.
iQIYI, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Membership 62%, Advertising 19%, Service, Other 10% (fiscal year FY2025).
Institutional ownership scores 3/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | -0.7% |
|---|---|---|---|
| GLS Moat | 3.7 / 10 | ROE | -1.5% |
| Debt / equity | 1.14 | ROA | -0.4% |
| Free-cash-flow yield | 2.4% | Payout ratio | 0% |
| Institutions | 3 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 33: Weak
IQ scores 33 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 4, financially healthy - Piotroski 4/9 (under 6); and filter 5, can repay its debt - 98.0 years to repay its debt (over 3); and filter 6, no serious red flags - Red Flags score 55 (under 60); and filter 7, a premium worth selling - implied volatility 107% (over 80%); and filter 8, big enough - market cap $886M (under $1.0B); and filter 9, not a penny stock - price 0.92 (under $5), and the parts are thin too - value strong, premium weak, moat fair, health fair, red flags weak, option trading good, stability fair. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 107%, above the 80% ceiling of the Wheel Trade Filter on premium. The premium looks generous, but moves of that size can blow through any strike. The option chain is deep: 63,675 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 9.2M shares a day on a market cap of $886M, with a beta of 0.22 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 4/9 (under 6) |
| 5 | Can repay its debt | Fails | 98.0 years to repay its debt (over 3) |
| 6 | No serious red flags | Fails | Red Flags score 55 (under 60) |
| 7 | A premium worth selling | Fails | implied volatility 107% (over 80%) |
| 8 | Big enough | Fails | market cap $886M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 0.92 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 99% below fair value | |
| Premium | Weak | implied volatility 107% | |
| Moat | Fair | moat 3.7/10 | |
| Health | Fair | Piotroski 4/9 | |
| Red Flags | Weak | Red Flags score 55/100 | |
| Option trading | Good | 1,080 contracts a day, 63,675 open interest | |
| Stability | Fair | beta 0.22, $886M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
iQIYI, Inc. reports earnings on 16 Nov 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Entertainment
The 12 companies below are the closest to iQIYI, Inc. by market cap within the Entertainment industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| MCS The Marcus Corporation | 28.05 | 31.56 | +11% | 42Weak | $872M |
| ANGX Angel Studios, Inc. | 3.67 | - | - | 19Weak | $685M |
| RSVR Reservoir Media, Inc. | 10.35 | 3,825.45 | +100% | 46Weak | $682M |
| HUYA HUYA Inc. | 2.09 | 2.65 | +21% | 22Weak | $477M |
| STRZ Starz Entertainment Corp. | 25.38 | 25.90 | +2% | 14Weak | $438M |
| IMAX IMAX Corporation | 51.76 | 33.97 | -52% | 40Weak | $2.8B |
| AMCX AMC Global Media Inc. | 8.46 | 175.42 | +95% | 41Weak | $274M |
| BATRB Atlanta Braves Holdings, Inc. | 72.00 | - | - | 12No options | $3.1B |
| AMC AMC Entertainment Holdings, Inc. | 3.52 | 17.09 | +79% | 41Weak | $3.1B |
| BATRK Atlanta Braves Holdings, Inc. | 50.73 | - | - | 29Weak | $3.3B |
| BATRA Atlanta Braves Holdings, Inc. | 55.84 | - | - | 16Weak | $3.6B |
| MSGE Madison Square Garden Entertainment Corp. | 78.73 | 94.83 | +17% | 42Weak | $3.7B |
⚖ Compare IQ with 7 of them All Communication Services stocks →
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Start free See the Sunday ScanQuestions about IQ
Is IQ undervalued right now?
By the GLS models, yes: at 0.9185 the stock is 99% below the average fair value of 92.41 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of IQ and what does it mean?
IQ scores 33 out of 100 (Weak) - it fails Wheel Trade Filters 2, 4, 5, 6, 7, 8, 9. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for IQ?
92.41 per share as of 5 Nov 2026 - the simple average of the 2 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does iQIYI, Inc. report earnings next?
The next earnings report is due on 16 Nov 2026 (before the open), 11 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does IQ have listed options, and how liquid are they?
Yes. The nightly snapshot found 16 listed contracts with 63,675 open interest across all expiries and implied volatility of 107% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.
Is IQ an ADR?
Yes. IQ is an American depositary share (ADR): the US listing of iQIYI, Inc., whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.