RLX Technology (RLX) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.18
- Estimate
- $0.63
- Surprise
- -71.6%
- Score at report (before → after)
- 6.7 → 6.6/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
RLX Technology (RLX) missed the $0.63 estimate with diluted EPS of $0.18 — a large 71.6% shortfall. TrendMatrix's engine moved from Hold (6.7/10) to Sell at 6.6/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates RLX Sell at 6.4/10.
1 of the last 4 quarters beat the estimate; this quarter's -71.6% surprise compares with a -15.1% four-quarter average. Next scheduled report: 2026-11-13.
What supports the rating
- Attractive valuation
- Strong growth profile
What argues against it
- Consecutive earnings misses (2)
- Negative momentum
- Below 200-MA, MA slope -2.5%/30d (confirmed downtrend)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $1.81
- Price target
- $2.47
- Stop
- $1.73
- Upside to target
- +36.5%
- Reward-to-risk
- 4.4:1
The stock trades at 16.5× trailing but 11.0× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 28 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.
RLX at TrendMatrix's latest read
Defensive staples are judged on margin resilience: pricing power against input costs matters more here than top-line drama.
- Industry
- Tobacco
- Market cap
- $2.21B
- P/E (fwd)
- 11.0
- P/E (ttm)
- 16.5
- 52-week range
- $1.76–$2.84
- Off 52-week high
- 36.3%
- RSI (14)
- 28
- Volume vs avg
- 0.70×
- Score today
- 6.4/10