TickerTalks
Browse all tickers →
TickerTalks›$RLX
RLRLX

RLX Technology Inc.

$RLX·$2.5B·Tobacco·Consumer Defensive
$1.83+1.7%YTD-16.2%1Y-25.9%
Mentions · last 7 days
2026-08-20: 0 posts2026-08-21: 1 posts2026-08-22: 0 posts50%
Price updated 1d ago·X counts updated 7d ago
RLRLX
$RLXRLX Technology Inc.
$1.83+1.67%5 posts0%
AI analysisFundamentalsVoices on X
Loading…

AI verdict & sentimentAI analysisGenerated by AI from underlying data

Today's AI verdict on what's driving $RLX, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Broken storySelling offAI verdict · as of 2026-08-21

Falling on heavy selling — points lower unless it turns around.

Chinese e-vape maker growing revenue 100%+ on Q1 optics — the Q2 EPS miss and 96%-off-highs tape say the market isn't buying it.

RLX Technology is the largest Chinese e-cigarette brand (Relx), running the full stack from device design through distribution in mainland China's regulated e-vapor market. The equity is a bet on the regulated Chinese vape market recovering post the 2022-23 crackdown.

  • Q1 revenue grew 106% year-on-year to RMB 1.46B — a huge headline number, but it comes off a very depressed 2025 comparison base rather than reflecting a normalized run-rate.
  • Q2 EPS came in at $0.03 vs $0.092 consensus — a 67% miss, and every one of the last four EPS prints has missed consensus (by -3% to -67%) — the pattern is chronic guide-over, print-under, which the market treats as a credibility problem.
  • Sits at the 5th percentile of its 52-week range, 17% below the 200-day trend, and -19% over 12 months — the tape is telling you the market is discounting either regulatory risk or the sustainability of the growth optics, and the pattern of misses is the tell.
  • Trades at ~17x trailing earnings with a 6% FCF yield — cheap on the numbers, but only if you believe the growth-rate optics rather than the miss cadence.

What restarts the move is Nov 13 Q3 finally landing at consensus alongside stable regulatory commentary out of China's tobacco monopoly — the miss streak needs to break for the multiple to re-rate. What confirms the breakdown is a fifth straight miss or a fresh Chinese regulatory tightening, either of which puts the tape's message on firmer ground than the growth-rate optics.

What to watch: Nov 13 Q3 earnings — hitting consensus alone would be a meaningful reset, given the four-quarter miss streak. Any Chinese State Tobacco Monopoly Administration commentary on e-vapor rules would be the macro trigger.

On the calendar: 2026-11-13 — Q3 earnings

Read the AI verdict + X sentiment for $RLX

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
Free, forever. No credit card.

What it does

Plain-English summary of the business — what they sell and how they make money.

Manufactures Relx-branded e-vapor products in China; dominant domestic e-cigarette company navigating tightening regulatory environment.

Industry overviewAI analysisGenerated by AI from underlying data

Where Tobacco sits in its cycle right now — and what that implies for $RLX.

Tobacco · Consumer Defensive

No material change from last week — the market's trajectory under China's tightening e-cigarette regulations determines RLX's volume and pricing, while ISPR's OEM device technology for nicotine..

What this means for $RLX

Direct beneficiary — Manufactures Relx-branded e-vapor products in China; dominant domestic e-cigarette company navigating tightening regulatory environment; core revenue tied directly to the primary demand driver in tobacco.

Industry benchmark

6-name peer basket
+4.0%YTD
+5.9%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
17.0How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
2.7%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
11.3%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
6.0%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
3.8Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
6.1%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
33.0%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.0Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 14, 2026$0.03$0.09-67.4%
Q1 2026May 20, 2026$0.03$0.03-3.3%
Q4 2025Mar 13, 2026$0.03$0.03-9.7%
Q3 2025Nov 14, 2025$0.02$0.03-38.9%
Next earningsFri, Nov 13·consensus EPS $0.03

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$1.5B+106.2%33.6%16.6%$0.23—
Q4 FY25$1.1B+44.8%33.1%11.0%$0.22$191.5M
Q3 FY25$1.0B+52.2%34.1%9.0%$0.17$357.5M
Q2 FY25$794.1M+42.2%30.5%4.9%$0.18$229.6M

Forward consensus

3-year forecast · up to 5 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$5.6B$5.5B – $5.7B$0.92$0.86 – $0.955
FY27$6.6B$6.2B – $7.0B$1.07$0.97 – $1.135
FY28$7.9B$7.4B – $8.4B$1.22$1.16 – $1.294

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.1×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.6%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-5.3%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-15.8%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 843.4M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today0.3% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β1.175-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

No open-market buys or sells in the last 180 days.

+ 1 other (1 award) in window

See when $RLX insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

3New insider — initial holdingsMar 183
3New insider — initial holdingsMar 183
3New insider — initial holdingsMar 183
3New insider — initial holdingsMar 183
3New insider — initial holdingsMar 183
3New insider — initial holdingsMar 183
+ 5 other (3 6-Ks · 1 20-F · 1 13G) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

RLX Technology Inc. (RLX) Q2 2026 Earnings Call Transcriptseekingalpha.com·16d agoRLX Technology Q2 Earnings Call Highlightsmarketbeat.com·16d agoRLX Technology Announces Unaudited Second Quarter 2026 Financial Resultsgurufocus.com·16d agoRLX Technology Announces Unaudited Second Quarter 2026 Financial Resultsprnewswire.com·16d agoRLX Technology to Report Second Quarter 2026 Financial Results on August 14, 2026prnewswire.com·25d ago

In themes

Explore the broader themes this ticker is being talked about under.

Trending on X

More in Tobacco

Peers in the same group — one click to compare setups, fundamentals, and chatter.

$MO$PM$BTI$JAPAY$ISPR$JAPAF
Voices on X · last 7 days

No standout posts about $RLX on X in the last 7 days.

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

PrivacyTermsSupport