RLX Technology Inc. (RLX)

RLX Technology Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, RLX Technology stock has a consensus rating of "Buy" and an average price target of $3.10. The average 1-year stock price forecast is 51.96% higher than the current stock price, while the lowest is $2.33 (+14.22%) and the highest is $3.58 (+75.49%).

Price Target: $3.10 (+51.96%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$2.33	$3.10	$3.20	$3.58
Change	+14.22%	+51.96%	+56.86%	+75.49%

* Price targets were last updated on Mar 16, 2026.

Analyst Ratings

The average analyst rating for RLX Technology stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '25	Nov '25	Dec '25	Jan '26	Mar '26	May '26
Strong Buy	4	4	4	3	3	3
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lydia Ling Citi	Citi	Hold Maintains $2.6 → $2.5	Hold	Maintains	$2.6 → $2.5	+22.55%	Mar 16, 2026

Financial Forecast

Revenue This Year

5.60B

Increased by 54.73%

from 3.62B

Revenue Next Year

6.60B

Increased by 17.98%

from 5.60B

EPS This Year

0.80

Increased by 14.50%

from 0.70

EPS Next Year

1.00

Increased by 24.60%

from 0.80

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	8.52B	5.28B	1.24B	2.44B	3.62B	5.60B
Revenue Growth	123.08%	-38.03%	-76.44%	96.50%	47.97%	54.73%
Gross Profit	3.67B	2.31B	387.71M	726.52M	1.18B	1.75B
Gross Margin	43.09%	43.66%	31.17%	29.72%	32.72%	31.20%
Operating Income	2.30B	1.06B	-496.71M	-107.15M	328.56M	838.89M
Net Income	2.02B	1.44B	534.33M	551.84M	921.87M	1.04B
EPS	1.44	1.09	0.40	0.43	0.70	0.80
EPS Growth	-	-24.44%	-63.23%	7.27%	63.04%	14.50%
Forward PE	15.26	18.06	27.30	19.57	17.49	17.28
Dividend / Share	-	-	0.07	0.07	0.77	0.99
Dividend Growth	-	-	-	2.96%	953.97%	28.25%
Free Cash Flow	1.71B	158.58M	-488.39M	635.80M	994.93M	1.36B
No. Analysts	-	-	-	-	-	4

Financial currency is CNY.

Revenue Forecast

Revenue	2026	2027	2028
High	5.7B
Avg	5.6B
Low	5.5B

Revenue Growth

Revenue Growth	2026	2027	2028
High	57.8%
Avg	54.7%
Low	52.2%

EPS Forecast

EPS	2026	2027	2028
High	0.80
Avg	0.80
Low	0.80

EPS Growth

EPS Growth	2026	2027	2028
High	14.5%
Avg	14.5%
Low	14.5%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.