NYSE:LAIXLAIX Stock Price, Forecast & News

LAIX's stock was trading at $4.87 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LAIX shares have decreased by 44.6% and is now trading at $2.70. 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 quarterly earnings results on Tuesday, May, 26th. The company reported ($0.56) earnings per share (EPS) for the quarter. The company earned $32.25 million during the quarter. View LAIX's earnings history.

2 Wall Street analysts have issued twelve-month price targets for LAIX's stock. Their forecasts range from $2.80 to $3.00. On average, they anticipate LAIX's stock price to reach $2.90 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View analysts' price targets for LAIX.

Media coverage about LAIX stock has trended very negative on Sunday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog 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 daily sentiment score of -3.8 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about LAIX.

LAIX saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 43,500 shares, a decrease of 17.9% from the June 15th total of 53,000 shares. Based on an average daily volume of 60,300 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the stock are sold short. View LAIX's Current Options Chain.

Some companies that are related to LAIX include China Online Education Group (COE), American Public Education (APEI), China Distance Education (DL), Aspen Group (ASPU), RISE Education Cayman (REDU), Universal Technical Institute (UTI), 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), BioHiTech Global (BHTG) and ATA (ATAI). 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 (IPO) 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 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 $2.70.

LAIX has a market capitalization of $133.00 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]