Xunlei (NASDAQ:XNET) Issues Earnings Results

Xunlei (NASDAQ:XNET) issued its quarterly earnings results on Thursday. The software maker reported $0.07 earnings per share (EPS) for the quarter, Zacks reports. Xunlei had a net margin of 202.62% and a return on equity of 4.50%. Xunlei updated its Q4 2025 guidance to EPS.

Xunlei Stock Performance

NASDAQ:XNET traded down $0.24 during mid-day trading on Thursday, hitting $7.74. The stock had a trading volume of 539,601 shares, compared to its average volume of 959,087. Xunlei has a twelve month low of $1.82 and a twelve month high of $11.03. 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 stock has a market cap of $483.96 million, a price-to-earnings ratio of 0.68 and a beta of 0.92. The company’s 50 day simple moving average is $8.60 and its 200 day simple moving average is $6.41.

Institutional Trading of Xunlei

Hedge funds have recently made changes to their positions in the business. Jane Street Group LLC boosted its stake in shares of Xunlei by 827.1% during the 2nd quarter. Jane Street Group LLC now owns 88,917 shares of the software maker’s stock worth $360,000 after acquiring an additional 101,146 shares during the period. Marshall Wace LLP acquired a new stake in Xunlei during the 2nd quarter valued at $219,000. NewEdge Advisors LLC boosted its position in Xunlei by 9,106.5% during the first quarter. NewEdge Advisors LLC now owns 18,413 shares of the software maker’s stock worth $83,000 after purchasing an additional 18,213 shares during the period. Russell Investments Group Ltd. acquired a new position in shares of Xunlei in the third quarter valued at $153,000. Finally, Walleye Capital LLC bought a new position in shares of Xunlei in the second quarter valued at about $51,000. 5.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Wall Street Zen upgraded Xunlei from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Weiss Ratings raised Xunlei from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

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.