RLX trades at Wall Street's consensus target of —.
Last 12 months price action with 12-month analyst target path
The base valuation assumes RLX achieves its forward estimates and maintains a stable P/E multiple of 1.9x. This scenario reflects the blended consensus of 1 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, RLX Technology Inc. (RLX) has a Wall Street consensus price target of N/A, based on estimates from 1 covering analysts. The company has a market capitalization of $2.25B.
Analyst price targets range from a low of N/A to a high of N/A.
The current analyst consensus rating is Hold, with 0 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 0 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, RLX trades at a trailing P/E of 17.8x and forward P/E of 1.9x. Analysts expect EPS to grow +27.8% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $20.18, with bear and bull scenarios of $12.71 and $26.59 respectively. Model confidence stands at 37/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
MOAltria Group, Inc. | $115.6B | $69.12 | $71.83 | +3.9% | Buy | 12.2x | 26 |
PMPhilip Morris International Inc. | $278.0B | $178.40 | $189.60 | +6.3% | Buy | 21.3x | 25 |
BTIBritish American Tobacco p.l.c. | $127.8B | $58.91 | $40.00 | -32.1% | Buy | 16.5x | 18 |
TPBTurning Point Brands, Inc. | $1.6B | $82.02 | $128.33 | +56.5% | Buy | 57.4x | 13 |
XXII22nd Century Group, Inc. | $2M | $4.64 | — | — | — | — | — |
GNLNGreenlane Holdings, Inc. | $11M | $2.57 | — | — | — | — | — |
KAVLKaival Brands Innovations Group, Inc. | $394338 | $0.04 | — | — | — | — | — |
NRXSNeurAxis, Inc. | $89M | $7.15 | — | — | — | — | — |
AAPLApple Inc. | $4.4T | $298.01 | $326.47 | +9.6% | Buy | 34.0x | 110 |
AMZNAmazon.com, Inc. | $2.6T | $244.39 | $307.77 | +25.9% | Buy | 27.8x | 94 |
Quick answers to the most common questions about buying RLX stock.
The consensus price target for RLX is $N/A, close to the current price of $1.84 (N/A% implied move). Based on 1 analyst estimates, the stock appears fairly valued near current levels.
RLX has a consensus rating of "Hold" based on 1 Wall Street analysts. The rating breakdown is mixed, with 1 Hold ratings making up the largest segment. The consensus 12-month price target of $N/A implies N/A% upside from current levels.
With a forward P/E of 1.9332x, RLX trades at a relatively low valuation. The consensus target of $N/A implies N/A% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $N/A for RLX, while the most conservative target is $N/A. The consensus of $N/A represents the median expectation. Our quantitative valuation model projects a bull case target of $27 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
RLX is lightly followed, with 1 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 0 have Buy ratings, 1 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month RLX stock forecast based on 1 Wall Street analysts shows a consensus price target of $N/A, with estimates ranging from $N/A (bear case) to $N/A (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $20, with bear/bull scenarios of $13/$27.
Our quantitative valuation model calculates RLX's fair value at $20 (base case), with a bear case of $13 and bull case of $27. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 37/100.
RLX trades at a forward P/E ratio of 1.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 17.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
RLX appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $N/A target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
RLX analyst price targets range from $N/A to $N/A, a NaN% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $N/A consensus represents the middle ground. Our model's $13-$27 range provides an independent fundamental perspective.
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