LexinFintech (LX) Now Moving Over 10% Higher Today
Out of the gate, shares of LexinFintech (NASDAQ: LX) are up about 12%, or 80 cents. It’s up on news of a $50 million share buyback program. It’s also up on CEO…
Headquartered in Ces Tower, Shenzhen Fiscal year ends December NASDAQ: LX lexin.com
LexinFintech Holdings Ltd. is a technology-empowered personal financial service enabler operating in China. The company connects consumers with financial institutions through a model integrating online and offline channels, an installment consumption platform (Fenqile), big data and AI-driven credit risk management capabilities, and smart user and loan management systems. Its business operates across three main segments: credit facilitation services (loan facilitation, guarantee income, and financing income), tech-empowerment services (the Intelligent Credit Platform matching borrowers with financial institutions), and an installment e-commerce platform. The company also provides proprietary technology solutions to financial institutions for digital transformation. As of Q2 2026, Lexin had 253 million registered users, 39.2 million cumulative borrowers, and an outstanding loan principal balance of RMB 93.7 billion. The company trades on NASDAQ under the ticker LX, with each ADS representing two Class A ordinary shares. Updated
Out of the gate, shares of LexinFintech (NASDAQ: LX) are up about 12%, or 80 cents. It’s up on news of a $50 million share buyback program. It’s also up on CEO…
Investors love dividend stocks because they provide dependable income and give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In…
LexinFintech Holdings Ltd. is a technology-empowered personal financial service enabler operating in China.
The Wall Street consensus 12-month price target for LX is $2.13.