RLX Technology (NYSE:RLX) Sets New 12-Month Low – What’s Next?

Posted by Brian Himes on Sep 17th, 2026

RLX Technology Inc. Sponsored ADR (NYSE:RLX – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $1.72 and last traded at $1.7550, with a volume of 2549486 shares trading hands. The stock had previously closed at $1.77.

Analyst Ratings Changes

RLX has been the topic of a number of recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of RLX Technology in a research note on Friday, July 17th. Wall Street Zen downgraded RLX Technology from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, RLX Technology currently has an average rating of “Hold” and an average target price of $2.50.

Read Our Latest Stock Report on RLX

RLX Technology Stock Up 0.9%

The company has a market cap of $2.70 billion, a P/E ratio of 16.62 and a beta of 1.16. The firm’s 50 day moving average is $1.91 and its two-hundred day moving average is $2.04.

RLX Technology (NYSE:RLX – Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.06). The company had revenue of $148.73 million during the quarter, compared to analyst estimates of $173.99 million. RLX Technology had a net margin of 20.24% and a return on equity of 6.20%.

Institutional Investors Weigh In On RLX Technology

Institutional investors and hedge funds have recently made changes to their positions in the stock. AXQ Capital LP acquired a new position in shares of RLX Technology in the fourth quarter worth approximately $30,000. Dimensional Fund Advisors LP acquired a new stake in RLX Technology during the 1st quarter valued at approximately $32,000. Engineers Gate Manager LP bought a new position in RLX Technology during the 2nd quarter worth approximately $71,000. Headlands Technologies LLC raised its holdings in RLX Technology by 26.0% during the 2nd quarter. Headlands Technologies LLC now owns 69,479 shares of the company’s stock worth $132,000 after purchasing an additional 14,350 shares during the last quarter. Finally, WINTON GROUP Ltd lifted its position in shares of RLX Technology by 177.7% in the 2nd quarter. WINTON GROUP Ltd now owns 117,910 shares of the company’s stock worth $224,000 after purchasing an additional 75,443 shares during the period. Institutional investors and hedge funds own 22.68% of the company’s stock.

RLX Technology Company Profile

(Get Free Report)

RLX Technology, Inc is a China-based company that develops, manufactures, and sells vaping products under the RELX brand. Its product portfolio includes electronic vaporizer devices, refillable or pre-filled pod cartridges, atomizers, and related accessories designed for adult consumers.

Founded in 2018, the company has focused on building a closed-system vaping platform that combines proprietary hardware, e-liquid formulations, and pod-based products. RLX Technology has also invested in research and development, manufacturing capabilities, and retail distribution to support its product offerings.

The company primarily serves the Chinese market and has pursued international expansion through sales and distribution in selected overseas markets.