Log in

NASDAQ:XNETXunlei Stock Price, Forecast & News

$3.21
-0.09 (-2.73 %)
(As of 05/29/2020 04:00 PM ET)
Add
Compare
Today's Range
$3.15
Now: $3.21
$3.34
50-Day Range
$3.09
MA: $3.37
$3.81
52-Week Range
$1.87
Now: $3.21
$7.20
Volume375,740 shs
Average Volume387,258 shs
Market Capitalization$217.70 million
P/E RatioN/A
Dividend YieldN/A
Beta1.79
Xunlei Limited, a cloud-based acceleration technology company, operates an Internet platform for digital media content in the People's Republic of China. The company's platform is based on cloud computing that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet; and cloud acceleration subscription services that offer users premium services through various products, such as Green Channel and Offline Accelerator. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, and consume digital media content on their mobile devices; 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 online game Website and purchase licenses; live video and online advertising services; and other Internet value-added services. As of December 2017, its platform had approximately 145 million monthly unique visitors. Xunlei Limited has strategic partnerships with People Capital to promote blockchain innovation; and China Mobile IoT Company Limited to develop IoT industry solutions. 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.
Read More
Xunlei logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.57 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
Current SymbolNASDAQ:XNET
CUSIPN/A
Phone86-755-8633-8443

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$180.66 million
Book Value$4.25 per share

Profitability

Net Income$-53,170,000.00

Miscellaneous

Employees1,165
Market Cap$217.70 million
Next Earnings Date8/12/2020 (Estimated)
OptionableOptionable

Receive XNET News and Ratings via Email

Sign-up to receive the latest news and ratings for XNET and its competitors with MarketBeat's FREE daily newsletter.

Xunlei (NASDAQ:XNET) Frequently Asked Questions

How has Xunlei's stock been impacted by COVID-19 (Coronavirus)?

Xunlei's stock was trading at $3.37 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, XNET stock has decreased by 4.7% and is now trading at $3.21. View which stocks have been most impacted by Coronavirus.

When is Xunlei's next earnings date?

Xunlei is scheduled to release its next quarterly earnings announcement on Wednesday, August 12th 2020. View our earnings forecast for Xunlei.

How were Xunlei's earnings last quarter?

Xunlei Ltd (NASDAQ:XNET) released its quarterly earnings results on Thursday, May, 14th. The software maker reported ($0.08) earnings per share (EPS) for the quarter. The software maker earned $48.22 million during the quarter. Xunlei had a negative net margin of 26.68% and a negative return on equity of 16.29%. View Xunlei's earnings history.

What guidance has Xunlei issued on next quarter's earnings?

Xunlei updated its second quarter 2020 Pre-Market earnings guidance on Thursday, May, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $42-47 million.

Has Xunlei been receiving favorable news coverage?

News coverage about XNET stock has been trending very negative this week, according to InfoTrie. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Xunlei earned a media sentiment score of -3.5 on InfoTrie's scale. They also gave news coverage about the software maker a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news aboutXunlei.

Are investors shorting Xunlei?

Xunlei saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,410,000 shares, a decline of 9.7% from the April 30th total of 2,670,000 shares. Based on an average daily trading volume, of 568,500 shares, the short-interest ratio is presently 4.2 days. Currently, 3.6% of the shares of the company are sold short. View Xunlei's Current Options Chain.

Who are some of Xunlei's key competitors?

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), Square (SQ), Tesla (TSLA), Roku (ROKU) and TG Therapeutics (TGTX).

Who are Xunlei's key executives?

Xunlei's management team includes the following people:
  • Mr. Lei Chen, CEO & Director (Age 46)
  • Mr. Hao Cheng, Co-Founder & Director (Age 44)
  • Mr. Sean Shenglong Zou, Co-Founder & Director (Age 47)
  • Mr. Zhou Naijiang Ph.D., CFA, Chief Financial Officer (Age 56)
  • Mr. Jiang Wu, Chief Procurement Officer (Age 41)

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 Yong Rong HK Asset Management Ltd (14.57%), Morgan Stanley (3.50%), Morgan Stanley (3.50%), State Street Corp (0.49%), CSat Investment Advisory L.P. (0.13%) and Toroso Investments LLC (0.13%).

Which major investors are selling Xunlei stock?

XNET stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Two Sigma Advisers LP, Toroso Investments LLC, CSat Investment Advisory L.P., Jane Street Group LLC, and Invesco Ltd..

Which major investors are buying Xunlei stock?

XNET stock was purchased by a variety of institutional investors in the last quarter, including Yong Rong HK Asset Management Ltd, State Street Corp, UBS Group AG, WESPAC Advisors SoCal LLC, and Connor Clark & Lunn Investment Management Ltd..

How do I buy shares of Xunlei?

Shares of XNET 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.

What is Xunlei's stock price today?

One share of XNET stock can currently be purchased for approximately $3.21.

How big of a company is Xunlei?

Xunlei has a market capitalization of $217.70 million and generates $180.66 million in revenue each year. Xunlei employs 1,165 workers across the globe.

What is Xunlei's official website?

The official website for Xunlei is www.xunlei.com.

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 software maker can be reached via phone at 86-755-8633-8443 or via email at [email protected]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.