iQIYI stock hits multi-year lows but shows 207% upside potential on turnaround hopes

iQIYI, the China-based streaming platform, has seen its stock plunge to multi-year lows after missing Q4 2025 earnings expectations and facing macroeconomic and content cost pressures. Despite a 40% drop this year, the company reported strong growth in content distribution and overseas revenue, signaling potential for a turnaround. Analysts see a bullish setup with a 24/7 Wall St. price target of $3.53, implying over 200% upside from the current $1.15 price, driven by overseas expansion and AI content strategies. Risks include heavy competition, high debt, and regulatory uncertainties in China, but the stock may appeal to investors seeking deep value and growth potential in a volatile China ADR market.