NYSE:LAIXLAIX Stock Price, Forecast & News

LAIX's stock was trading at $4.87 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LAIX shares have decreased by 38.4% and is now trading at $3.00. 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 2 sell ratings for the stock, resulting in a consensus recommendation of "Sell." 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) released its earnings results on Thursday, March, 12th. The company reported ($0.60) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.49) by $0.11. The business earned $33.24 million during the quarter. LAIX had a negative net margin of 55.64% and a negative return on equity of 590.12%. View LAIX's earnings history.

2 brokers have issued twelve-month target prices for LAIX's shares. Their forecasts range from $2.60 to $3.00. On average, they anticipate LAIX's stock price to reach $2.80 in the next twelve months. This suggests that the stock has a possible downside of 6.7%. View analysts' price targets for LAIX.

Media headlines about LAIX stock have trended somewhat positive on Wednesday, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. LAIX earned a news impact score of 1.8 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 9.0 out of 10, indicating 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 drop in short interest in May. As of May 15th, there was short interest totaling 87,100 shares, a drop of 13.8% from the April 30th total of 101,000 shares. Based on an average daily volume of 87,900 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.3% of the shares of the stock are short sold. View LAIX's Current Options Chain.

Some companies that are related to LAIX include China Online Education Group (COE), Puxin (NEW), American Public Education (APEI), China Distance Education (DL), Universal Technical Institute (UTI), RISE Education Cayman (REDU), Aspen Group (ASPU), Sunlands Online Education Group (STG), Tarena International (TEDU), GP Strategies (GPX), Lincoln Educational Services (LINC), RYB Education (RYB), Four Seasons Edu (Cayman) (FEDU), Zhongchao (ZCMD) and CIBT Education Group (MBAIF). 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 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 $3.00.

LAIX has a market capitalization of $147.45 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]