NYSE:LAIXLAIX Stock Price, Forecast & News

LAIX's stock was trading at $4.87 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LAIX shares have decreased by 37.8% and is now trading at $3.03. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LAIX in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for LAIX.

LAIX is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for LAIX.

LAIX Inc. (NYSE:LAIX) announced its earnings results on Thursday, March, 12th. The company reported ($0.60) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.49) by $0.11. The company had revenue of $33.24 million for the quarter. LAIX had a negative net margin of 70.29% and a negative return on equity of 590.12%. View LAIX's earnings history.

2 equities research analysts have issued twelve-month price objectives for LAIX's stock. Their forecasts range from $2.80 to $3.00. On average, they expect LAIX's share price to reach $2.90 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. View analysts' price targets for LAIX.

News stories about LAIX stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. LAIX earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutLAIX.

LAIX saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 87,100 shares, a decline of 13.8% from the April 30th total of 101,000 shares. Based on an average daily volume of 87,900 shares, the short-interest ratio is presently 1.0 days. Currently, 0.3% of the shares of the company are short sold. View LAIX's Current Options Chain.

Some companies that are related to LAIX include American Public Education (APEI), China Online Education Group (COE), Universal Technical Institute (UTI), China Distance Education (DL), Aspen Group (ASPU), RISE Education Cayman (REDU), Sunlands Online Education Group (STG), GP Strategies (GPX), Tarena International (TEDU), Lincoln Educational Services (LINC), RYB Education (RYB), Four Seasons Edu (Cayman) (FEDU), Zhongchao (ZCMD), CIBT Education Group (MBAIF) and Keros Therapeutics (CLEU). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other LAIX investors own include Gilead Sciences (GILD), AbbVie (ABBV), Carnival (CCL), IBM (IBM), Pfizer (PFE), Albireo Pharma (ALBO), Alnylam Pharmaceuticals (ALNY), Aptose Biosciences (APTO), Algonquin Power & Utilities (AQN) and Arcturus Therapeutics (ARCT).

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

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

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 $3.03.

LAIX has a market capitalization of $149.26 million and generates $146.98 million in revenue each year. The company earns $-82,560,000.00 in net income (profit) each year or ($1.67) on an earnings per share basis. LAIX employs 3,214 workers across the globe.

The official website for LAIX is 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]