NASDAQ:XNET

Xunlei (XNET) Stock Forecast, Price & News

$1.59

-0.03 (-1.85%)

(As of 06/9/2023 ET)

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Today's Range: $1.57
▼
$1.68
50-Day Range: $1.32
▼
$1.82
52-Week Range: $0.85
▼
$2.23

Volume: 120,546 shs
Average Volume: 136,984 shs
Market Capitalization: $107.25 million

P/E Ratio: 6.36
Dividend Yield: N/A
Price Target: N/A

About Xunlei (NASDAQ:XNET) Stock

Xunlei Ltd. is a holding company, which provides shared cloud computing and blockchain technology services. It provides a wide range of products and services across cloud acceleration, blockchain, shared cloud computing and digital entertainment to deliver an efficient internet experience. The company was founded by Sheng Long Zou and Hao Cheng in December 2002 and is headquartered in Shenzhen, China.

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XNET Stock News Headlines

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

June 10, 2023 | Legacy Research (Affiliate) (Ad)

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May 28, 2023 | americanbankingnews.com

Xunlei Limited (NASDAQ:XNET) Short Interest Update

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 19, 2023 | americanbankingnews.com

Xunlei (NASDAQ:XNET) Receives New Coverage from Analysts at StockNews.com

May 17, 2023 | finance.yahoo.com

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

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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 15, 2023 | americanbankingnews.com

Xunlei (XNET) Set to Announce Earnings on Tuesday

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 29, 2023 | americanbankingnews.com

Short Interest in Xunlei Limited (NASDAQ:XNET) Rises By 90.3%

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%

January 23, 2023 | seekingalpha.com

Xunlei Continues To Merit A Strong Buy Rating

December 27, 2022 | finance.yahoo.com

Xunlei Announces Office Relocation

November 27, 2022 | finance.yahoo.com

There's Been No Shortage Of Growth Recently For Xunlei's (NASDAQ:XNET) Returns On Capital

November 10, 2022 | finance.yahoo.com

Xunlei Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2022

November 6, 2022 | finance.yahoo.com

A Look At The Intrinsic Value Of Xunlei Limited (NASDAQ:XNET)

November 1, 2022 | finance.yahoo.com

Xunlei Limited Schedules 2022 Unaudited Third Quarter Earnings Release on November 10, 2022

September 22, 2022 | uk.finance.yahoo.com

While private equity firms own 38% of Xunlei Limited (NASDAQ:XNET), individual investors are its largest shareholders with 46% ownership - Yahoo Finance UK

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XNET Price History

30 days | 90 days | 365 days | Advanced Chart

XNET Company Calendar

Last Earnings: 3/16/2023
Today: 6/09/2023
Next Earnings (Estimated): 8/15/2023
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): $0.25
Trailing P/E Ratio: 6.36
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $21.46 million
Net Margins: 4.73%
Pretax Margin: 6.26%
Return on Equity: 5.55%
Return on Assets: 3.74%

Debt

Debt-to-Equity Ratio: 0.08
Current Ratio: 2.54
Quick Ratio: 2.53

Sales & Book Value

Annual Sales: $342.56 million
Price / Sales: 0.31
Cash Flow: $0.37 per share
Price / Cash Flow: 4.29
Book Value: $4.64 per share
Price / Book: 0.34

Miscellaneous

Outstanding Shares: 67,450,000
Free Float: 52,822,000
Market Cap: $107.25 million
Optionable: Optionable
Beta: 1.23

Key Executives

Jinbo Li
Chairman & Chief Executive Officer

Yubo Zhang
President & Director

Nai Jiang Zhou
Chief Financial Officer

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 12.6% and is now trading at $1.59.
View the best growth stocks for 2023 here.
When is Xunlei's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 15th 2023.
View our XNET earnings forecast.
How were Xunlei's earnings last quarter?: Xunlei Limited (NASDAQ:XNET) announced its quarterly earnings data on Thursday, March, 16th. The software maker reported $0.02 EPS for the quarter. The software maker earned $96.96 million during the quarter. Xunlei had a net margin of 4.73% and a trailing twelve-month return on equity of 5.55%.
What ETF holds Xunlei's stock ?: Invesco Golden Dragon China ETF holds 52,346 shares of XNET stock, representing 0.05% of its portfolio.
What guidance has Xunlei issued on next quarter's earnings?: Xunlei updated its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $111.00 million-$117.00 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 a variety of institutional and retail investors. Top institutional shareholders include Connor Clark & Lunn Investment Management Ltd. (0.23%), Envestnet Asset Management Inc. (0.18%), Group One Trading L.P. (0.00%), State Street Corp (0.13%), Acadian Asset Management LLC (0.09%) and Harvest Portfolios Group Inc. (0.05%).
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 $1.59.
How much money does Xunlei make?: Xunlei (NASDAQ:XNET) has a market capitalization of $107.25 million and generates $342.56 million in revenue each year. The software maker earns $21.46 million in net income (profit) each year or $0.25 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 6/10/2023 by MarketBeat.com Staff

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