RLX

RLX Technology Inc

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Advanced Chart

2.240

-0.05(-2.183%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

2.285

Open

2.270

VWAP

2.25

Vol

1.14M

Mkt Cap

2.75B

Low

2.230

Amount

2.57M

EV/EBITDA(TTM)

568.71

Total Shares

1.57B

1.68B

EV/OCF(TTM)

11.44

P/S(TTM)

7.95

RLX Technology Inc is China-based e-vapor company. The Company is engaged in the activities in the e-vapor industry, from scientific research, technology and product development, supply chain management, to offline distribution. The Company provides closed-system rechargeable e-vapor products with various value-added features. The Company’s products are primarily sold in its offline retail outlets through its distributors, retailers and customer representatives.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

770.67M

-5.26%

0.198

+4.21%

746.97M

-1.23%

0.190

-4.94%

725.00M

+15.6%

0.180

+9.54%

Estimates Revision

The market is revising Upward the revenue expectations for RLX Technology Inc. (RLX) for FY2025, with the revenue forecasts being adjusted by 1.89% over the past three months. During the same period, the stock price has changed by 21.74%.

Revenue Estimates for FY2025

Revise Upward

+1.89%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-1.7%

In Past 3 Month

Stock Price

Go Up

+21.74%

In Past 3 Month

1 Analyst Rating

0.45% Upside

Wall Street analysts forecast RLX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RLX is 2.25 USD with a low forecast of 2.25 USD and a high forecast of 2.25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

1 Hold

0 Sell

Hold

0.45% Upside

Current: 2.240

Low

2.25

Averages

2.25

High

2.25

0.45% Upside

Current: 2.240

Low

2.25

Averages

2.25

High

2.25

Citi

Neutral

downgrade

2025-05-18

Reason

Citi

Price Target

2025-05-18

downgrade

Neutral

Reason

Citi lowered the firm's price target on RLX Technology to $2.25 from $2.50 and keeps a Neutral rating on the shares. The company's Q1 results came broadly in line, the analyst tells investors in a research note. The firm trimmed earnings forecasts on a more conservative margin outlook amid the challenging market.

Citigroup

Lydia Ling

Strong Buy

Hold

Downgrades

$2.8 → $2.5

2025-03-17

Reason

Citigroup

Lydia Ling

Price Target

$2.8 → $2.5

2025-03-17

Downgrades

Strong Buy

Hold

Reason

Citi analyst Lydia Ling downgraded RLX Technology to Neutral from Buy with a price target of $2.50, down from $2.80, following the Q4 report. The firm is concerned about the "evolving" regulatory changes and pricing pressure from an unfavorable product mix shift towards puff products in the vaping industry. The analyst expects growth momentum of RLX's overseas business to be adversely impacted by the shift.

See All Ratings

Valuation Metrics

The current forward P/E ratio for RLX Technology Inc (RLX.N) is 20.96, compared to its 5-year average forward P/E of 23.97. For a more detailed relative valuation and DCF analysis to assess RLX Technology Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

23.97

Current PE

20.96

Overvalued PE

41.38

Undervalued PE

6.55

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

19.53

Current EV/EBITDA

26.55

Overvalued EV/EBITDA

48.01

Undervalued EV/EBITDA

-8.94

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

7.04

Current PS

5.96

Overvalued PS

11.53

Undervalued PS

2.56