Morningstar
•
Apr 27, 2026
iQIYI, Inc.: Iqiyi Faces Long-Term Headwinds as Users Shift to Short-Form Videos
Symbols
IQSector(s)
Communication Services
Rating
Current Price
1.22
Fair Value
Economic Moat
Stewardship
Summary
Iqiyi is a leading streaming video-on-demand company in China that generates revenue mostly through a subscription basis. The platform also provides user-generated content to nonpaying users, monetized through ads. The company self-produces much of the subscription content and also generates revenue through content distribution, gaming, and IP licensing. Iqiyi competes directly with Tenc
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