NASDAQ:XNET

Xunlei (XNET) Stock Forecast, Price & News

$1.62

-0.03 (-1.82%)

(As of 09/25/2023 ET)

Compare

Today's Range: $1.60
▼
$1.65
50-Day Range: $1.62
▼
$2.05
52-Week Range: $0.85
▼
$2.23

Volume: 35,794 shs
Average Volume: 116,256 shs
Market Capitalization: $106.66 million

P/E Ratio: 6.75
Dividend Yield: N/A
Price Target: N/A

About Xunlei (NASDAQ:XNET) Stock

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 various products, such as Green Channel. It also provides Mobile Xunlei, a mobile application that allows users to search, download, consume, and store digital media content; Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator; online games through online game website and mobile app; live video streaming and online advertising services; and cloud computing services and products, live streaming services, and other internet value-added services. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is based in Shenzhen, the People's Republic of China.

XNET Price History

30 days | 90 days | 365 days | Advanced Chart

XNET Stock News Headlines

September 19, 2023 | finance.yahoo.com

Returns Are Gaining Momentum At Xunlei (NASDAQ:XNET)

September 1, 2023 | finanznachrichten.de

Xunlei Limited: Xunlei Announces Changes of Board of Directors

September 25, 2023 | Behind the Markets (Ad)

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September 1, 2023 | finance.yahoo.com

Xunlei Announces Changes of Board of Directors

August 23, 2023 | finance.yahoo.com

While private equity firms own 39% of Xunlei Limited (NASDAQ:XNET), individual investors are its largest shareholders with 45% ownership

August 15, 2023 | markets.businessinsider.com

Xunlei Q2 Net Income Declines; Total Revenues Up 33.3%

August 15, 2023 | finance.yahoo.com

Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2023

August 8, 2023 | finance.yahoo.com

Xunlei Limited Schedules 2023 Unaudited Second Quarter Earnings Release on August 15, 2023

September 25, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

July 16, 2023 | fool.com

Xunlei (NASDAQ: XNET)

June 22, 2023 | msn.com

Xunlei Is A Wildly Discounted Compounder For U.S. Investors

June 13, 2023 | msn.com

Xunlei sees Q2 revenue between $101M-$106M

June 13, 2023 | finance.yahoo.com

Xunlei Updates Second Quarter Revenue Guidance

June 6, 2023 | msn.com

Xunlei board approves $20M share repurchase program

June 6, 2023 | finance.yahoo.com

Xunlei Announces $20 million Share Repurchase Program

May 22, 2023 | finance.yahoo.com

Xunlei Downsizes its Domestic Live Streaming Business

May 19, 2023 | finance.yahoo.com

Xunlei First Quarter 2023 Earnings: EPS: US$0.017 (vs US$0.081 in 1Q 2022)

May 17, 2023 | finance.yahoo.com

Xunlei Limited (XNET) Stock Historical Prices & Data - Yahoo Finance

May 17, 2023 | finance.yahoo.com

Xunlei Limited (NASDAQ:XNET) Q1 2023 Earnings Call Transcript

May 16, 2023 | finance.yahoo.com

Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2023

May 12, 2023 | finance.yahoo.com

Xunlei (NASDAQ:XNET) investors are sitting on a loss of 86% if they invested five years ago

May 12, 2023 | finance.yahoo.com

Xunlei Limited Schedules 2023 Unaudited First Quarter Earnings Release on May 16, 2023

April 26, 2023 | finance.yahoo.com

Xunlei Filed Annual Report on Form 20-F for Fiscal Year 2022

March 20, 2023 | finance.yahoo.com

Xunlei Limited (NASDAQ:XNET) Q4 2022 Earnings Call Transcript

March 16, 2023 | finance.yahoo.com

Xunlei Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year Ended December 31, 2022

March 10, 2023 | finance.yahoo.com

Xunlei Limited Schedules 2022 Unaudited Fourth Quarter and Fiscal Year Earnings Release on March 16, 2023

March 1, 2023 | finance.yahoo.com

Xunlei Limited's (NASDAQ:XNET) largest shareholders are individual investors with 47% ownership, private equity firms own 39%

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XNET Company Calendar

Last Earnings: 8/15/2023
Today: 9/25/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:XNET
CUSIP: N/A
CIK: 1510593
Web: www.xunlei.com
Phone: 8675561111571
Fax: N/A
Employees: 1,097
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.24
Trailing P/E Ratio: 6.75
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $21.46 million
Net Margins: 4.15%
Pretax Margin: 5.38%
Return on Equity: 5.19%
Return on Assets: 3.50%

Debt

Debt-to-Equity Ratio: 0.07
Current Ratio: 2.72
Quick Ratio: 2.71

Sales & Book Value

Annual Sales: $342.56 million
Price / Sales: 0.31
Cash Flow: $0.37 per share
Price / Cash Flow: 4.34
Book Value: $4.64 per share
Price / Book: 0.35

Miscellaneous

Outstanding Shares: 65,840,000
Free Float: 51,557,000
Market Cap: $106.66 million
Optionable: Optionable
Beta: 1.40

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Key Executives

Mr. Jinbo Li (Age 47)
Chairman & CEO

Mr. Yubo Zhang (Age 46)
Pres & Director

Mr. Sean Shenglong Zou (Age 51)
Co-Founder & Director

Mr. Zhou Naijiang Ph.D. (Age 60)
CFA, Chief Financial Officer

Ms. Charlene Lu
Investor Relations Mang.

Mr. Peng Huang (Age 56)
Strategy Consultant

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

XNET Stock - Frequently Asked Questions

How have XNET shares performed in 2023?: Xunlei's stock was trading at $1.82 at the beginning of 2023. Since then, XNET shares have decreased by 11.0% and is now trading at $1.62.
View the best growth stocks for 2023 here.
Are investors shorting Xunlei?: Xunlei saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 35,100 shares, a decrease of 44.9% from the August 15th total of 63,700 shares. Based on an average trading volume of 93,400 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company's shares are sold short.
View Xunlei's Short Interest.
When is Xunlei's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our XNET earnings forecast.
How were Xunlei's earnings last quarter?: Xunlei Limited (NASDAQ:XNET) posted its earnings results on Tuesday, August, 15th. The software maker reported $0.08 EPS for the quarter. The software maker had revenue of $104.01 million for the quarter. Xunlei had a net margin of 4.15% and a trailing twelve-month return on equity of 5.19%.
What guidance has Xunlei issued on next quarter's earnings?: Xunlei updated its third quarter 2023 earnings guidance on Tuesday, August, 15th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $79.00 million-$84.00 million.
What other stocks do shareholders of Xunlei own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Xunlei investors own include Micron Technology (MU), Alibaba Group (BABA), Alphabet (GOOG), Netflix (NFLX), NVIDIA (NVDA), Stitch Fix (SFIX), Block (SQ), Roku (ROKU), Tesla (TSLA) and Advanced Micro Devices (AMD).

What is Xunlei's stock symbol?: Xunlei trades on the NASDAQ under the ticker symbol "XNET."
Who are Xunlei's major shareholders?: Xunlei's stock is owned by many different retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (0.17%), Envestnet Asset Management Inc. (0.13%), Renaissance Technologies LLC (0.04%), Citadel Advisors LLC (0.00%) and Simplex Trading LLC (0.00%).
How do I buy shares of Xunlei?: Shares of XNET 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.
Compare Top Brokerages Here.
What is Xunlei's stock price today?: One share of XNET stock can currently be purchased for approximately $1.62.
How much money does Xunlei make?: Xunlei (NASDAQ:XNET) has a market capitalization of $106.66 million and generates $342.56 million in revenue each year. The software maker earns $21.46 million in net income (profit) each year or $0.24 on an earnings per share basis.
How many employees does Xunlei have?: The company employs 1,097 workers across the globe.
How can I contact Xunlei?: Xunlei's mailing address is 20-23/F Block B Building Keji South Road Yuehai Street Nanshan District, SHENZHEN F4, 518057. The official website for the company is www.xunlei.com. The software maker can be reached via phone at 8675561111571 or via email at ir@xunlei.com.

This page (NASDAQ:XNET) was last updated on 9/25/2023 by MarketBeat.com Staff

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