NYSE:RLX

RLX Technology (RLX) Stock Forecast, Price & News

$1.55

+0.01 (+0.65%)

(As of 01:40 PM ET)

Compare

Today's Range: $1.51
▼
$1.59
50-Day Range: $1.40
▼
$1.75
52-Week Range: $0.90
▼
$3.06

Volume: 3.16 million shs
Average Volume: 8.68 million shs
Market Capitalization: $2.43 billion

P/E Ratio: 51.67
Dividend Yield: N/A
Price Target: $2.50

RLX Technology MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 61.3% Upside
$2.50 Price Target
Short Interest: Healthy
3.86% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Consumer Discretionary Sector

225th out of 275 stocks

Cigarettes Industry

6th out of 6 stocks

3.5

Analyst's Opinion

Consensus Rating
RLX Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.50, RLX Technology has a forecasted upside of 61.3% from its current price of $1.55.
Amount of Analyst Coverage
RLX Technology has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.86% of the float of RLX Technology has been sold short.
Short Interest Ratio / Days to Cover
RLX Technology has a short interest ratio ("days to cover") of 5.1.
Change versus previous month
Short interest in RLX Technology has recently decreased by 19.66%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
RLX Technology does not currently pay a dividend.
Dividend Growth
RLX Technology does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RLX.

2.2

News and Social Media Coverage

News Sentiment
RLX Technology has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 1 news article for RLX Technology this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added RLX Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RLX Technology insiders have not sold or bought any company stock.
Percentage Held by Insiders
53.40% of the stock of RLX Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 22.68% of the stock of RLX Technology is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of RLX Technology is 51.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.76.
Price to Earnings Ratio vs. Sector
The P/E ratio of RLX Technology is 51.67, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.93.
Price to Book Value per Share Ratio
RLX Technology has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About RLX Technology (NYSE:RLX) Stock

RLX Technology Inc., together with its subsidiaries, manufactures, distributes, and sells e-vapor products in the People's Republic of China. It serves partner distributors and other retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.

RLX Price History

30 days | 90 days | 365 days | Advanced Chart

RLX Stock News Headlines

September 18, 2023 | americanbankingnews.com

Comparing RLX Technology (NYSE:RLX) and Ispire Technology (NASDAQ:ISPR)

August 29, 2023 | finance.yahoo.com

Analyst Forecasts Just Became More Bearish On RLX Technology Inc. (NYSE:RLX)

September 28, 2023 | Edge On The Street (Ad)

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August 24, 2023 | seekingalpha.com

RLX Holds Breath As Illegal Vaping Slows Its Rebound

August 21, 2023 | finance.yahoo.com

RLX Technology Inc. (NYSE:RLX) Q2 2023 Earnings Call Transcript

August 18, 2023 | finance.yahoo.com

Q2 2023 RLX Technology Inc Earnings Call

August 18, 2023 | finanznachrichten.de

RLX Technology Inc.: RLX Technology Announces Unaudited Second Quarter 2023 Financial Results

August 18, 2023 | msn.com

RLX Technology Non-GAAP EPS of $0.01, revenue of $52.1M

September 28, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

August 18, 2023 | markets.businessinsider.com

RLX Technology Q2 Profit Falls

August 18, 2023 | markets.businessinsider.com

RELX plc (RLXXF): New Buy Recommendation for This Technology Giant

August 17, 2023 | seekingalpha.com

RLX Technology Q2 Earnings Preview

August 17, 2023 | markets.businessinsider.com

RLX Technology A earnings: here's what to expect

August 11, 2023 | msn.com

California just opened the floodgates for self-driving cars

August 10, 2023 | msn.com

UBS Initiates Coverage of RLX Technology Inc - ADR (RLX) with Buy Recommendation

August 9, 2023 | finance.yahoo.com

RLX Technology to Report Second Quarter 2023 Financial Results on August 18, 2023

August 4, 2023 | seekingalpha.com

RLX Technology: A Potential Miss For Upcoming Results

July 17, 2023 | finance.yahoo.com

Is Now The Time To Look At Buying RLX Technology Inc. (NYSE:RLX)?

June 30, 2023 | finance.yahoo.com

Investors in RLX Technology (NYSE:RLX) have unfortunately lost 17% over the last year

June 20, 2023 | finance.yahoo.com

Why Bilibili, Huya, and RLX Technology Shares Sank Today

June 12, 2023 | finance.yahoo.com

RLX Technology (NYSE:RLX) Is Reinvesting At Lower Rates Of Return

May 27, 2023 | finance.yahoo.com

RLX Technology Inc. (NYSE:RLX) CEO Wang Ying, the company's largest shareholder sees 13% reduction in holdings value

May 26, 2023 | msn.com

RLX Technology: Recent Share Price Correction Is Justified

May 25, 2023 | finance.yahoo.com

Why Shares of Kanzhun, RLX Technology, and Dingdong Are Falling This Week

May 18, 2023 | finance.yahoo.com

RLX Technology Inc. (NYSE:RLX) Q1 2023 Earnings Call Transcript

May 18, 2023 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Lyft (LYFT), ZTO Express (ZTO) and RLX Technology (RLX)

May 17, 2023 | finance.yahoo.com

Why RLX Technology Stock Was a Winner On Wednesday

See More Headlines

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RLX Company Calendar

Last Earnings: 8/18/2023
Today: 9/28/2023
Next Earnings (Estimated): 11/15/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Cigarettes
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NYSE:RLX
CUSIP: N/A
CIK: 1828365
Web: www.relxtech.com
Phone: 86-10-2173-7265
Fax: N/A
Employees: 707
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.50
High Stock Price Forecast: $2.60
Low Stock Price Forecast: $2.40
Forecasted Upside/Downside: +62.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.03
Trailing P/E Ratio: 51.33
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $208.96 million
Net Margins: 20.78%
Pretax Margin: 21.80%
Return on Equity: 2.57%
Return on Assets: 2.44%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 17.17
Quick Ratio: 17.01

Sales & Book Value

Annual Sales: $773.18 million
Price / Sales: 3.13
Cash Flow: $0.14 per share
Price / Cash Flow: 10.96
Book Value: $1.43 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 1,570,790,000
Free Float: 731,989,000
Market Cap: $2.42 billion
Optionable: Not Optionable
Beta: 0.84

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Key Executives

Ms. Wang Ying (Age 41)
Co-founder, Chairperson of the Board of Directors & CEO

Mr. Jiang Long (Age 44)
Co-founder & Director

Mr. Wen Yilong (Age 34)
Co-founder & Director

Mr. Chao Lu (Age 37)
Chief Financial Officer

Sam Tsang
Head of Investor Relations

Sean Dai
Gen. Counsel

Ms. Zhang Yueduo (Age 36)
Head of Fin.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

RLX Stock - Frequently Asked Questions

Should I buy or sell RLX Technology stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RLX Technology in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RLX shares.
View RLX analyst ratings or view top-rated stocks.
What is RLX Technology's stock price forecast for 2023?: 2 Wall Street research analysts have issued 1 year price targets for RLX Technology's shares. Their RLX share price forecasts range from $2.40 to $2.60. On average, they expect the company's stock price to reach $2.50 in the next twelve months. This suggests a possible upside of 62.3% from the stock's current price.
View analysts price targets for RLX or view top-rated stocks among Wall Street analysts.
How have RLX shares performed in 2023?: RLX Technology's stock was trading at $2.30 at the beginning of 2023. Since then, RLX shares have decreased by 33.0% and is now trading at $1.54.
View the best growth stocks for 2023 here.
Are investors shorting RLX Technology?: RLX Technology saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 35,800,000 shares, a decrease of 19.7% from the August 31st total of 44,560,000 shares. Based on an average daily volume of 6,980,000 shares, the days-to-cover ratio is presently 5.1 days. Currently, 3.9% of the shares of the stock are sold short.
View RLX Technology's Short Interest.
When is RLX Technology's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023.
View our RLX earnings forecast.
How were RLX Technology's earnings last quarter?: RLX Technology Inc. (NYSE:RLX) announced its earnings results on Friday, August, 18th. The company reported $0.02 earnings per share (EPS) for the quarter. The business earned $52.15 million during the quarter. RLX Technology had a trailing twelve-month return on equity of 2.57% and a net margin of 20.78%.
What ETFs hold RLX Technology's stock?: ETFs with the largest weight of RLX Technology (NYSE:RLX) stock in their portfolio include iShares MSCI China Small-Cap ETF (ECNS).Invesco Golden Dragon China ETF (PGJ).

When did RLX Technology IPO?: (RLX) raised $1 billion in an IPO on Thursday, January 21st 2021. The company issued 116,500,000 shares at a price of $8.00-$10.00 per share. Citigroup served as the underwriter for the IPO and China Renaissance was co-manager.
What is RLX Technology's stock symbol?: RLX Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "RLX."
Who are RLX Technology's major shareholders?: RLX Technology's stock is owned by many different institutional and retail investors. Top institutional shareholders include Goldman Sachs Group Inc. (3.23%), Strategic Vision Investment Ltd (0.00%), BlackRock Inc. (0.00%), Renaissance Technologies LLC (0.00%), State Street Corp (0.33%) and Yunqi Capital Ltd (0.00%).
How do I buy shares of RLX Technology?: Shares of RLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is RLX Technology's stock price today?: One share of RLX stock can currently be purchased for approximately $1.54.
How much money does RLX Technology make?: RLX Technology (NYSE:RLX) has a market capitalization of $2.42 billion and generates $773.18 million in revenue each year. The company earns $208.96 million in net income (profit) each year or $0.03 on an earnings per share basis.
How many employees does RLX Technology have?: The company employs 707 workers across the globe.
How can I contact RLX Technology?: RLX Technology's mailing address is 19/F BLDG 1 JUNHAO CENTRAL PK PLAZA 10 S. CHAOYANG PARK AVE CHAOYANG DISTRICT, BEIJING F4, 100026. The official website for the company is www.relxtech.com. The company can be reached via phone at 86-10-2173-7265 or via email at ir@relxtech.com.

This page (NYSE:RLX) was last updated on 9/28/2023 by MarketBeat.com Staff

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