Analyst Price Target is $13.53
▲ +56.36% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for LexinFintech in the last 3 months. The average price target is $13.53, with a high forecast of $18.00 and a low forecast of $11.50. The average price target represents a 56.36% upside from the last price of $8.65.
Current Consensus is
The current consensus among 4 contributing investment analysts is to buy stock in LexinFintech. This Buy consensus rating has held steady for over two years.
LexinFintech Holdings Ltd., through its subsidiaries, operates as an online consumption and consumer finance platform for young professionals in the People's Republic of China. The company operates Fenqile.com, a consumption and consumer finance platform that offers installment purchase loans, personal installment loans, and other loan products, as well as provides online direct sales with installment payment terms; and Le Card, a membership platform, which offers savings, benefits, and membership privileges to food and beverage, apparel, hospitality, and leisure sectors. It also matches user loans with diversified funding sources, including individual investors on its Juzi Licai online investment platform, third-party commercial banks, consumer finance companies, institutional funding partners, investors of its asset-backed securities, and other licensed financial institutions. In addition, the company offers technical support and consulting services; Software development services; and financial technology services. The company was formerly known as Staging Finance Holding Ltd. and changed its name to LexinFintech Holdings Ltd. in March 2017. LexinFintech Holdings Ltd. was incorporated in 2013 and is headquartered in Shenzhen, the People's Republic of China.