RLX Technology (NYSE:RLX) Upgraded at Wall Street Zen

Posted by Brenda Bartman on Sep 22nd, 2026

Wall Street Zen upgraded shares of RLX Technology (NYSE:RLX – Free Report) from a sell rating to a hold rating in a report published on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of RLX Technology in a research note on Friday, July 17th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $2.50.

View Our Latest Research Report on RLX Technology

RLX Technology Stock Up 3.0%

Shares of RLX stock opened at $1.73 on Friday. RLX Technology has a 12-month low of $1.67 and a 12-month high of $2.68. The firm has a fifty day moving average of $1.89 and a 200-day moving average of $2.02. The company has a market capitalization of $2.68 billion, a price-to-earnings ratio of 16.48 and a beta of 1.16.

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

Hedge Funds Weigh In On RLX Technology

Large investors have recently modified their holdings of the business. AXQ Capital LP bought a new position in shares of RLX Technology in the fourth quarter valued at about $30,000. Headlands Technologies LLC lifted its stake in shares of 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 buying an additional 14,350 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of RLX Technology during the 1st quarter worth about $32,000. Engineers Gate Manager LP bought a new stake in shares of RLX Technology during the 2nd quarter worth about $71,000. Finally, WINTON GROUP Ltd grew its stake in RLX Technology by 177.7% in the 2nd quarter. WINTON GROUP Ltd now owns 117,910 shares of the company’s stock valued at $224,000 after buying an additional 75,443 shares during the last quarter. 22.68% of the stock is currently owned by institutional investors and hedge funds.

About RLX Technology

(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.