Xunlei (NASDAQ:XNET) Stock Price Down 3.8% - Should You Sell?

Key Points

• Xunlei Limited (NASDAQ:XNET) saw its stock price decrease by 3.8% during mid-day trading, closing at $10.37 with a significant drop in trading volume.
• Analysts have recently changed their ratings on Xunlei, with Wall Street Zen upgrading its rating from "hold" to "buy," while Weiss Ratings upgraded from "sell" to "hold."
• Xunlei reported earnings of $0.12 per share for the last quarter, with over $103 million in revenue and set its Q3 2025 guidance at EPS.

Xunlei Limited (NASDAQ:XNET - Get Free Report)'s stock price was down 3.8% during mid-day trading on Wednesday . The stock traded as low as $10.36 and last traded at $10.37. Approximately 257,236 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 1,029,631 shares. The stock had previously closed at $10.78.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Wall Street Zen upgraded shares of Xunlei from a "hold" rating to a "buy" rating in a research report on Saturday, August 16th. Weiss Ratings upgraded shares of Xunlei from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of "Hold".

Xunlei Stock Down 2.6%

The stock's 50 day simple moving average is $7.17 and its two-hundred day simple moving average is $5.50. The firm has a market cap of $656.57 million, a P/E ratio of 0.93 and a beta of 1.00. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.10 and a quick ratio of 2.10.

Xunlei (NASDAQ:XNET - Get Free Report) last announced its earnings results on Thursday, August 14th. The software maker reported $0.12 earnings per share for the quarter. The business had revenue of $103.54 million during the quarter. Xunlei had a net margin of 202.62% and a return on equity of 4.50%. Xunlei has set its Q3 2025 guidance at EPS.

Institutional Investors Weigh In On Xunlei

Large investors have recently added to or reduced their stakes in the stock. Walleye Capital LLC bought a new stake in Xunlei in the 2nd quarter worth approximately $51,000. QRG Capital Management Inc. purchased a new position in shares of Xunlei during the 2nd quarter worth $56,000. NewEdge Advisors LLC lifted its stake in shares of Xunlei by 9,106.5% during the 1st quarter. NewEdge Advisors LLC now owns 18,413 shares of the software maker's stock valued at $83,000 after buying an additional 18,213 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Xunlei during the 1st quarter valued at $98,000. Finally, Russell Investments Group Ltd. lifted its stake in shares of Xunlei by 21.2% during the 1st quarter. Russell Investments Group Ltd. now owns 29,636 shares of the software maker's stock valued at $132,000 after buying an additional 5,190 shares in the last quarter. Institutional investors own 5.07% of the company's stock.

Xunlei Company Profile

Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through Green Channel and Fast Bird products.

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