NYSE:LAIX - LAIX Stock Price, Forecast & News

LAIX trades on the New York Stock Exchange (NYSE) under the ticker symbol "LAIX."

LAIX is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for LAIX.

LAIX updated its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$32.178-34.976 million, compared to the consensus revenue estimate of $$38.33 million.

2 brokers have issued twelve-month target prices for LAIX's shares. Their forecasts range from $2.60 to $3.00. On average, they expect LAIX's share price to reach $2.80 in the next year. This suggests that the stock has a possible downside of 38.9%. View Analyst Price Targets for LAIX.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LAIX in the last year. There are currently 2 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for LAIX.

Media coverage about LAIX stock has trended very negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LAIX earned a news impact score of -3.5 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for LAIX.

Some companies that are related to LAIX include OneSmart International Edun Gr (ONE), K12 (LRN), Puxin (NEW), China Online Education Group (COE), American Public Education (APEI), RISE Education Cayman (REDU), China Distance Education (DL), Sunlands Online Education Group (STG), GP Strategies (GPX), Universal Technical Institute (UTI), Aspen Group (ASPU), RYB Education (RYB), Tarena International (TEDU), Four Seasons Edu (Cayman) (FEDU) and Lincoln Educational Services (LINC).

Based on aggregate information from My MarketBeat watchlists, some companies that other LAIX investors own include Gilead Sciences (GILD), Huntington Bancshares (HBAN), Methanex (MEOH), PacWest Bancorp (PACW), People's United Financial (PBCT), Pattern Energy Group (PEGI), Walgreens Boots Alliance (WBA), AbbVie (ABBV), Algonquin Power & Utilities (AQN) and BCE (BCE).

(LAIX) raised $72 million in an initial public offering on Thursday, September 27th 2018. The company issued 5,800,000 shares at $11.50-$13.50 per share. Morgan Stanley and Goldman Sachs (Asia) acted as the underwriters for the IPO.

LAIX's stock is owned by a number of of retail and institutional investors. Top institutional investors include IDG Accel China Growth Fund III Associates L.P. (6.61%), Credit Suisse AG (2.09%) and Oxford Asset Management LLP (0.05%).

LAIX stock was acquired by a variety of institutional investors in the last quarter, including IDG Accel China Growth Fund III Associates L.P., Credit Suisse AG and Oxford Asset Management LLP.

Shares of LAIX 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 LAIX stock can currently be purchased for approximately $4.58.

LAIX has a market capitalization of $219.62 million and generates $92.68 million in revenue each year. The company earns $-70,990,000.00 in net income (profit) each year or ($2.79) on an earnings per share basis. LAIX employs 2,790 workers across the globe.View Additional Information About LAIX.

The official website for LAIX is http://ir.laix.com/.

LAIX's mailing address is 3/F. BUILDING B NO. 1687 CHANGYANG ROAD YANGPU DISTRICT, SHANGHAI F4, 200090. The company can be reached via phone at 86-21-3511-7188 or via email at [email protected]