NASDAQ:LX - LexinFintech Stock Price, Forecast & News

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

LexinFintech is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for LexinFintech.

5 Wall Street analysts have issued 12-month price objectives for LexinFintech's shares. Their forecasts range from $12.34 to $22.00. On average, they anticipate LexinFintech's stock price to reach $16.39 in the next twelve months. This suggests a possible upside of 35.8% from the stock's current price. View Analyst Price Targets for LexinFintech.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LexinFintech.

News articles about LX stock have been trending neutral recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. LexinFintech earned a coverage optimism score of 0.4 on InfoTrie's scale. They also gave media stories about the company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for LexinFintech.

Some companies that are related to LexinFintech include SBI (SBHGF), Walker & Dunlop (WD), Green Dot (GDOT), Mr. Cooper Group (COOP), 360 Finance (QFIN), Blucora (BCOR), Qudian (QD), Curo Group (CURO), Oportun Financial (OPRT), America First Multifamily Investors (ATAX), Yirendai (YRD), CNFinance (CNF), On Deck Capital (ONDK), X Financial (XYF) and Wins Finance (WINS).

Based on aggregate information from My MarketBeat watchlists, some companies that other LexinFintech investors own include Marvell Technology Group (MRVL), Canopy Growth (CGC), Alibaba Group (BABA), NVIDIA (NVDA), NeoGenomics (NEO), Charlotte's Web (CWBHF), Hon Hai Precision Industry (HNHPF), QUALCOMM (QCOM), Baidu (BIDU) and Nokia Oyj (NOK).

(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 acted as the underwriters for the IPO and ICBC International was co-manager.

LexinFintech's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Goldman Sachs Group Inc. (2.79%), Man Group plc (1.67%), FIL Ltd (1.45%), Aspex Management HK Ltd (1.35%), Bamco Inc. NY (1.31%) and Credit Suisse AG (1.13%).

LX stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, GAM Holding AG, Apoletto Ltd, MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Acadian Asset Management LLC, Barclays PLC and New Silk Road Investment PTE Ltd..

LX stock was purchased by a variety of institutional investors in the last quarter, including Aspex Management HK Ltd, FIL Ltd, Goldman Sachs Group Inc., Man Group plc, Krane Funds Advisors LLC, Soros Capital Management LLC, Bank of America Corp DE and Bamco Inc. NY.

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

One share of LX stock can currently be purchased for approximately $12.07.

LexinFintech has a market capitalization of $2.12 billion and generates $1.10 billion in revenue each year. The company earns $287.59 million in net income (profit) each year or $1.60 on an earnings per share basis. LexinFintech employs 2,365 workers across the globe.View Additional Information About LexinFintech.

The official website for LexinFintech is http://ir.lexinfintech.com/.

LexinFintech's mailing address is 27/F CES TOWER 3099 KE YUAN SOUTH ROAD NANSHAN DISTRICT, SHENZHEN F4, 518052. The company can be reached via phone at 86-755-3637-8888 or via email at [email protected]