NASDAQ:XNET

Xunlei (XNET) Stock Price, News & Analysis

$1.56
+0.08 (+5.41%)
(As of 04/23/2024 ET)
Today's Range
$1.47
$1.62
50-Day Range
$1.47
$1.63
52-Week Range
$1.28
$2.09
Volume
60,654 shs
Average Volume
48,793 shs
Market Capitalization
$100.94 million
P/E Ratio
6.78
Dividend Yield
N/A
Price Target
N/A
XNET stock logo

About Xunlei Stock (NASDAQ:XNET)

Xunlei Limited, together with its subsidiaries, operates an Internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through various products, such as Green Channel. It also provides Mobile Xunlei, a mobile application that allows users to search, download, consume, and store digital media content; Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator; online games through online game website and mobile app; live video streaming and online advertising services; and cloud computing services and products, live streaming services, and other internet value-added services. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is based in Shenzhen, the People's Republic of China.

XNET Stock Price History

XNET Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
StockNews.com Initiates Coverage on Xunlei (NASDAQ:XNET)
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Xunlei Ltd. ADR
Xunlei Ltd Adr (XNET)
Xunlei Ltd ADR XNET
Xunlei Ltd - ADR
Xunlei Q3 Results Down; Sees Sequentially Lower Q4 Revenues
See More Headlines
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Company Calendar

Last Earnings
3/14/2024
Today
4/24/2024
Next Earnings (Estimated)
5/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:XNET
Fax
N/A
Employees
1,097
Year Founded
N/A

Profitability

Net Income
$14.23 million
Pretax Margin
5.06%

Debt

Sales & Book Value

Annual Sales
$364.91 million
Cash Flow
$0.40 per share
Book Value
$4.95 per share

Miscellaneous

Free Float
50,670,000
Market Cap
$100.95 million
Optionable
Optionable
Beta
1.23
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Key Executives

  • Mr. Jinbo Li (Age 48)
    Chairman & CEO
  • Mr. Yubo Zhang (Age 47)
    President & Director
  • Mr. Zhou Naijiang Ph.D. (Age 61)
    CFA, Chief Financial Officer
  • Ms. Charlene Lu
    Investor Relations Manager
  • Mr. Peng Huang (Age 57)
    Strategy Consultant

XNET Stock Analysis - Frequently Asked Questions

How have XNET shares performed in 2024?

Xunlei's stock was trading at $1.62 at the start of the year. Since then, XNET stock has decreased by 3.7% and is now trading at $1.56.
View the best growth stocks for 2024 here
.

Are investors shorting Xunlei?

Xunlei saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 22,000 shares, a decrease of 33.1% from the March 15th total of 32,900 shares. Based on an average trading volume of 58,100 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.
View Xunlei's Short Interest
.

When is Xunlei's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024.
View our XNET earnings forecast
.

How were Xunlei's earnings last quarter?

Xunlei Limited (NASDAQ:XNET) announced its earnings results on Thursday, March, 14th. The software maker reported $0.06 earnings per share (EPS) for the quarter. The software maker earned $77.14 million during the quarter. Xunlei had a trailing twelve-month return on equity of 4.48% and a net margin of 3.90%.

What guidance has Xunlei issued on next quarter's earnings?

Xunlei updated its first quarter 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $79.0 million-$84.0 million.

What other stocks do shareholders of Xunlei own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Xunlei investors own include Micron Technology (MU), Alibaba Group (BABA), Alphabet (GOOG), Netflix (NFLX), NVIDIA (NVDA), Stitch Fix (SFIX), Block (SQ), Roku (ROKU), Tesla (TSLA) and Advanced Micro Devices (AMD).

How do I buy shares of Xunlei?

Shares of XNET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:XNET) was last updated on 4/24/2024 by MarketBeat.com Staff

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