LexinFintech (LX) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LX shares.
View LX analyst ratings or view top-rated stocks.

3 equities research analysts have issued 12-month target prices for LexinFintech's shares. Their LX share price forecasts range from $3.60 to $3.60. On average, they expect the company's share price to reach $3.60 in the next twelve months. This suggests a possible upside of 54.5% from the stock's current price.
View analysts price targets for LX or view top-rated stocks among Wall Street analysts.

LexinFintech's stock was trading at $1.90 at the beginning of 2023. Since then, LX stock has increased by 22.6% and is now trading at $2.33.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 15th 2023.
View our LX earnings forecast.

LexinFintech Holdings Ltd. (NASDAQ:LX) announced its quarterly earnings results on Monday, March, 13th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.27 by $0.03. The company earned $442.25 million during the quarter. LexinFintech had a trailing twelve-month return on equity of 12.47% and a net margin of 9.58%.

ETFs with the largest weight of LexinFintech (NASDAQ:LX) stock in their portfolio include Principal Millennial Global Growth ETF (GENY), Global X E-Commerce ETF (EBIZ), iShares MSCI China Small-Cap ETF (ECNS), Invesco Golden Dragon China ETF (PGJ), Emerging Markets Internet & Ecommerce ETF (EMQQ),

Based on aggregate information from My MarketBeat watchlists, some companies that other LexinFintech investors own include Marvell Technology (MRVL), NVIDIA (NVDA), Block (SQ), Alibaba Group (BABA), JD.com (JD), NeoGenomics (NEO), Inseego (INSG), Baidu (BIDU), Cisco Systems (CSCO) and

(LX) raised $120 million in an IPO on Thursday, December 21st 2017. The company issued 12,000,000 shares at a price of $9.00-$11.00 per share. Goldman Sachs (Asia), BofA Merrill Lynch, Deutsche Bank Securities and China Renaissance served as the underwriters for the IPO and ICBC International was co-manager.

LexinFintech trades on the NASDAQ under the ticker symbol "LX."

LexinFintech's stock is owned by many different retail and institutional investors. Top institutional investors include FIL Ltd (5.91%), BlackRock Inc. (1.50%), State Street Corp (0.44%), Citigroup Inc. (0.43%), Arrowstreet Capital Limited Partnership (0.41%) and JPMorgan Chase & Co. (0.28%).

Shares of LX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LX stock can currently be purchased for approximately $2.33.

LexinFintech (NASDAQ:LX) has a market capitalization of $428.42 million and generates $1.43 billion in revenue each year. The company earns $118.85 million in net income (profit) each year or $0.85 on an earnings per share basis.

The company employs 3,872 workers across the globe.

LexinFintech's mailing address is 27/F CES TOWER 3099 KE YUAN SOUTH ROAD NANSHAN DISTRICT, SHENZHEN F4, 518057. The official website for the company is www.lexin.com. The company can be reached via phone at 8675536378888 or via email at ir@lexinfintech.com.