RLX Technology Inc. (RLX)
NYSE: RLX · Real-Time Price · USD
1.780
-0.040 (-2.20%)
At close: Nov 21, 2024, 4:00 PM
1.770
-0.010 (-0.56%)
After-hours: Nov 21, 2024, 4:20 PM EST
RLX Technology Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for RLX Technology stock has a target of 2.76, which predicts an increase of 55.06% from the current stock price of 1.78.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 18, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for RLX Technology is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $2.4 → $2.76 | Strong Buy | Maintains | $2.4 → $2.76 | +55.06% | Mar 18, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $2.6 → $3.15 | Strong Buy | Maintains | $2.6 → $3.15 | +76.97% | Mar 13, 2023 |
| B of A Securities | B of A Securities | Hold Initiates $6 | Hold | Initiates | $6 | +237.08% | Nov 1, 2021 |
| Citigroup | Citigroup | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +1,023.60% | Mar 12, 2021 |
Financial Forecast
Revenue This Year
2.68B
from 1.24B
Increased by 115.02%
Revenue Next Year
3.89B
from 2.68B
Increased by 45.35%
EPS This Year
0.71
from 0.40
Increased by 78.14%
EPS Next Year
0.85
from 0.71
Increased by 19.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.9B | 4.2B | 5.1B |
| Avg | 2.7B | 3.9B | 4.6B |
| Low | 2.5B | 3.6B | 4.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 129.9% | 57.6% | 29.9% |
| Avg | 115.0% | 45.3% | 17.6% |
| Low | 98.9% | 32.9% | 2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.78 | 0.92 | 1.10 |
| Avg | 0.71 | 0.85 | 1.01 |
| Low | 0.66 | 0.80 | 0.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 94.7% | 29.6% | 30.1% |
| Avg | 78.1% | 19.2% | 19.6% |
| Low | 64.6% | 13.1% | 9.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.