RLX Technology Inc. (RLX)
NYSE: RLX · IEX Real-Time Price · USD
1.780
-0.010 (-0.56%)
At close: Apr 17, 2024, 4:00 PM
1.800
+0.020 (1.12%)
Pre-market: Apr 18, 2024, 4:01 AM EDT
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 n/a | Hold | Initiates | n/a | n/a | Nov 1, 2021 |
| Citigroup | Citigroup | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Mar 12, 2021 |
Financial Forecast
Revenue This Year
2.60B
from 1.59B
Increased by 64.02%
Revenue Next Year
3.83B
from 2.60B
Increased by 47.23%
EPS This Year
0.70
from 0.40
Increased by 75.23%
EPS Next Year
0.85
from 0.70
Increased by 21.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.8B | 4.2B | 5.0B |
| Avg | 2.6B | 3.8B | 4.5B |
| Low | 2.4B | 3.4B | 3.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 76.4% | 60.9% | 31.1% |
| Avg | 64.0% | 47.2% | 18.1% |
| Low | 52.0% | 29.4% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.76 | 0.92 | 1.06 |
| Avg | 0.70 | 0.85 | 0.99 |
| Low | 0.66 | 0.80 | 0.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 89.5% | 32.2% | 24.5% |
| Avg | 75.2% | 21.8% | 16.3% |
| Low | 64.6% | 14.9% | 10.7% |
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.