Earnings and Growth Analysis : LAIX Stock Forecast, Price & News (NYSE:LAIX)

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Earnings results for LAIX Stock Forecast, Price & News (NYSE:LAIX)

LAIX Inc. is expected* to report earnings on 08/26/2020 after market close. The report will be for the fiscal Quarter ending Jun 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.5. The reported EPS for the same quarter last year was $-0.26.

LAIX last announced its earnings data on May 26th, 2020. The reported ($0.56) earnings per share for the quarter. The firm had revenue of $32.25 million for the quarter. LAIX has generated ($1.67) earnings per share over the last year. LAIX has confirmed that its next quarterly earnings report will be published on Wednesday, August 26th, 2020.

Analyst Opinion on LAIX Stock Forecast, Price & News (NYSE:LAIX)

2 Wall Street analysts have issued ratings and price targets for LAIX in the last 12 months. Their average twelve-month price target is $2.90, predicting that the stock has a possible upside of 9.43%. The high price target for LAIX is $3.00 and the low price target for LAIX is $2.80. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus rating of “Hold.”

LAIX has received a consensus rating of Hold. The company’s average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating. According to analysts’ consensus price target of $2.90, LAIX has a forecasted upside of 9.4% from its current price of $2.65. LAIX has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: LAIX Stock Forecast, Price & News (NYSE:LAIX)

LAIX does not currently pay a dividend. LAIX does not have a long track record of dividend growth.

Insiders buying/selling: LAIX Stock Forecast, Price & News (NYSE:LAIX)

In the past three months, LAIX insiders have not sold or bought any company stock. Only 20.59% of the stock of LAIX is held by institutions.

Earnings and Valuation of LAIX Stock Forecast, Price & News (NYSE:LAIX

Earnings for LAIX are expected to grow in the coming year, from ($1.74) to ($1.30) per share. The P/E ratio of LAIX is -1.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of LAIX is -1.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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