Qihoo 360 Technology Co. Ltd. (NYSE:QIHU)

CAPS Rating: 1 out of 5

Results 1 - 20 of 33 : 1 2 Next »

Recs

0
Member Avatar simplemts (< 20) Submitted: 4/13/2014 2:49:43 PM : Underperform Start Price: $89.55 QIHU Score: +1.61

Short-term red (<$40), long-term gree.

Recs

0
Member Avatar Pdog (29.56) Submitted: 4/5/2014 9:13:01 PM : Underperform Start Price: $87.94 QIHU Score: -1.82

Revenue is far outpacing EPS. This is the exact opposite of what most like to see. Also, the talk and headlines for QIHU right now sounds much like the type of stuff you hear before the bubble bursts :)

Recs

0
Member Avatar klstylez01 (< 20) Submitted: 3/6/2014 8:29:00 PM : Outperform Start Price: $31.90 QIHU Score: +152.23

Very Strong Results today, according to the conference call, they are also looking on expansion there products and services Internationally. I think they will continue on taking market share from Baidu and increasing there internet security products.

Recs

1
Member Avatar NuclearSolutions (< 20) Submitted: 2/11/2014 4:34:18 PM : Outperform Start Price: $97.07 QIHU Score: -9.71

13 to 96 in two years

The Next Google

Recs

1
Member Avatar Marmadukemark (76.26) Submitted: 1/11/2014 12:11:34 PM : Outperform Start Price: $84.75 QIHU Score: +4.44

Recent upward analyst's earnings estimate revisions, high top- and bottom-line growth expectations, long history of large EPS surprises, and favorable brokerage ratings.

Recs

0
Member Avatar colddrink73 (97.90) Submitted: 9/20/2013 9:20:34 PM : Underperform Start Price: $88.00 QIHU Score: +7.23

spec play not real $$$

Recs

4
Member Avatar DragonCap (< 20) Submitted: 9/20/2013 9:58:15 AM : Underperform Start Price: $89.94 QIHU Score: +8.57

Qihu --- Fool’s Gold?

Despite attack from short sellers like Citron in 2011, Qihu crushed the doubters and launched its own search engine in 2012. Leveraging on its dominant position on PC security software and its popular 360 internet safe browser, Qihu’s search engine suddenly capitulated to second position in China, capturing 15% market share, eclipsing Sogou’s 10% market share, Soso’s 4% market share, and encroaching on 70% market share of market leader Bidu. Qihu’s share sky rocketed from $20 to $90 over one year period (+330%) , delivering the best performance among major Chinese internet companies: Bidu (+58%), Tencent(+55%).

Qihu successfully issued a $600 mm convertible bond in September, and was in a leading position to acquire Sogou, aiming to launch a significant assault on Bidu. Now with Sogou’s marrying into the Tencent camp, Qihu’s lofty valuation suddenly looks very shaky.

A fool’s simple comparison of Qihu vs. Bidu:

         2013H1 Rev      Search Share    Search Rev      Market Cap
Qihu         $200 mm         15%            $12 mm         $10 b
Bidu         $2000 mm      70%            $1200 mm      $50 b

Qihu/Bidu   10%            20%            1%            20%

The market seems to be evaluating Qihu’s market cap based on its search market share, while not fully discounting the fundamental differences:

1)   Qihu’s search quality is inferior and its search traffic is more casual than Bidu’s;
2)   Qihu will continue experience serious difficulty in monetizing its search traffic due to inferior quality vs Bidu and intensified competition from Sogou;
3)   Qihu’s revenue are still 2/3 from online Ads, 1/3 from Games, almost none from Search ad despite one year passed since launch.

Qihu’s valuation is estimated at $2.3 b, based on the sum of Search ($1.2 b based on recent Sogou valuation); Online Ads($0.7 b based on 2X 2013 Rev), Games($0.4 b based on 2X 2013 Rev).

Investors who are valuing Qihu at $10 b are buying a lofty bubble. Bidu will likely burst Qihu’s search revenue bubble in the coming quarter. Citron may have the last laugh finally

Recs

0
Member Avatar bull176 (< 20) Submitted: 9/7/2013 5:44:04 AM : Outperform Start Price: $84.54 QIHU Score: -5.72

Growth and they continue to destroy earning estimates.

Recs

0
Member Avatar DrLinks (52.69) Submitted: 7/19/2013 10:08:21 PM : Outperform Start Price: $58.22 QIHU Score: +43.81

China met it's GDP forecast and now it's mobile companies are ready to lcok in MOAT and profits

Recs

0
Member Avatar mageda (< 20) Submitted: 5/29/2013 9:57:48 PM : Underperform Start Price: $43.84 QIHU Score: -91.28

Anonymous Analytics thinks its fraudulent.

Recs

0
Member Avatar tojoep (< 20) Submitted: 5/13/2013 6:07:09 PM : Outperform Start Price: $38.09 QIHU Score: +120.79

The stock is a strong play on Mobile and Internet in China. Investors are putting a big premium on these areas. The stock will go up as it gets closer to the 5/20/13 report. Just don't hold it through the report.

Recs

0
Member Avatar crymm9 (< 20) Submitted: 3/17/2013 8:16:50 AM : Outperform Start Price: $28.53 QIHU Score: +192.26

Qihoo seems to be the new kid on the block and investors see that it is taking market share by storm. Invest on the way up.

Recs

1
Member Avatar swingtrader858 (< 20) Submitted: 2/12/2013 12:43:38 PM : Outperform Start Price: $22.68 QIHU Score: +261.85

Regardless of what some say about their business practices, Qihoo is now a major player in the China search market. This is an area of long-term growth and a place I want to be as the Chinese Internet userbase continues to grow. Also, their recent partnership with Google is a positive catalyst. Analysts continue to raise price targets, so I will too. $40 by mid-2013.

Recs

0
Member Avatar BowmanLJ (67.59) Submitted: 1/30/2013 11:27:10 AM : Outperform Start Price: $30.74 QIHU Score: +166.83

spec play. thinking BIDU is more like YHOO/MSFT in China and QIHU is the real Google

Recs

0
Member Avatar TMFKang (70.94) Submitted: 1/16/2013 11:05:13 PM : Underperform Start Price: $32.85 QIHU Score: -145.16

Poor CEO, Poor Products, Disrespecting Users: http://www.fool.com/investing/general/2013/01/08/the-1-company-you-need-to-avoid-in.aspx

Recs

0
Member Avatar gtechie (62.74) Submitted: 1/3/2013 11:01:50 AM : Outperform Start Price: $24.33 QIHU Score: +225.46

There's room for QIHU and BIDU in the Chineese internet boom.

Recs

0
Member Avatar Treborn822 (87.29) Submitted: 10/19/2012 8:01:09 PM : Outperform Start Price: $21.86 QIHU Score: +278.10

Expanding into Search

Recs

0
Member Avatar Twiga2 (78.03) Submitted: 10/17/2012 6:46:32 PM : Outperform Start Price: $22.09 QIHU Score: +276.22

Set to go with wireless...

Recs

0
Member Avatar simonebrunozzi (< 20) Submitted: 9/11/2012 8:22:19 PM : Outperform Start Price: $24.75 QIHU Score: +231.66

Because the Chinese market seems to expand very fast.

Recs

0
Member Avatar sigiam (32.43) Submitted: 7/20/2012 12:11:54 PM : Underperform Start Price: $22.88 QIHU Score: -260.23

Citron compares the valuation of this company with it's chinease competitors and it apears to be massively overvalued at it's current price.

Results 1 - 20 of 33 : 1 2 Next »

Featured Broker Partners


Advertisement