Xunlei’s (XNET) “Hold (C-)” Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their hold (c-) rating on shares of Xunlei (NASDAQ:XNET) in a research note issued to investors on Friday morning,Weiss Ratings reports.

Separately, Wall Street Zen raised Xunlei from a “hold” rating to a “buy” rating in a research report on Saturday, August 16th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Xunlei Stock Up 1.8%

NASDAQ XNET opened at $9.30 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.10 and a current ratio of 2.10. The business has a fifty day moving average price of $8.31 and a 200 day moving average price of $5.97. The company has a market cap of $581.81 million, a P/E ratio of 0.82 and a beta of 1.00. Xunlei has a one year low of $1.82 and a one year high of $11.03.

Xunlei (NASDAQ:XNET) last issued its earnings results on Thursday, August 14th. The software maker reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $103.54 million during the quarter. Xunlei had a return on equity of 4.50% and a net margin of 202.62%. Xunlei has set its Q3 2025 guidance at EPS.

Institutional Trading of Xunlei

Institutional investors and hedge funds have recently made changes to their positions in the stock. Walleye Capital LLC acquired a new stake in shares of Xunlei during the 2nd quarter worth approximately $51,000. QRG Capital Management Inc. acquired a new stake in shares of Xunlei during the 2nd quarter worth approximately $56,000. NewEdge Advisors LLC grew its holdings in Xunlei by 9,106.5% in the 1st quarter. NewEdge Advisors LLC now owns 18,413 shares of the software maker’s stock worth $83,000 after buying an additional 18,213 shares in the last quarter. XTX Topco Ltd bought a new position in Xunlei in the 1st quarter worth approximately $98,000. Finally, Russell Investments Group Ltd. grew its holdings in Xunlei by 21.2% in the 1st quarter. Russell Investments Group Ltd. now owns 29,636 shares of the software maker’s stock worth $132,000 after buying an additional 5,190 shares in the last quarter. 5.07% of the stock is currently owned by institutional investors and hedge funds.

About Xunlei

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 Green Channel and Fast Bird products.