Xunlei Limited (XNET)Technology | Software - Infrastructure | Shenzhen, China | NasdaqGS
5.00 USD
|
Hot Take ↕ | Oct. 10, 2026, 5:01 a.m. EDT
The investment case for Xunlei is currently fractured by a severe divergence between its historical recovery and its immediate operational reality. While the multi-year price trajectory shows a massive +60% gain driven by a singular, explosive 330% surge in 2025, the underlying business is failing to sustain that momentum. The company is reporting negative revenue growth (-1.4%) and negative operating margins, indicating that the recent rally was likely a speculative event rather than a reflection of stabilized fundamentals. This disconnect is causing the market to punish the stock in the short term; the price has dropped significantly below its 200-day moving average, and the recent 14-day price action confirms a bearish trend. Compounding the distress is the options market, where traders are overwhelmingly buying deep out-of-the-money puts, betting on further declines. With no dividend to provide income and a balance sheet showing negative equity returns, the stock lacks the safety margin required for a long-term hold until profitability is clearly restored. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.084129 |
| AutoARIMA | 0.096748 |
| AutoETS | 0.096750 |
| AutoTheta | 0.132439 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 28% |
| H-stat | 3.00 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.001 |
| Excess Kurtosis | 1.08 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 5.886 |
| Revenue per Share | 7.827 |
| Market Cap | 318,702,240 |
| Beta | 1.05 |
| Profit Margins | -14.51% |
| Website | https://www.xunlei.com |
As of Oct. 10, 2026, 5:01 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (over 1.4k contracts at the $4 strike) compared to negligible call volume. While there is some speculative call activity at distant strikes ($10, $20), the overwhelming capital flow is into put writing and buying, suggesting a consensus view of continued weakness or a 'sell the news' scenario around the upcoming earnings date.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.470339 |
| Address1 | Xunlei Building |
| Address2 | No. 3709, Baishi Road Gaoxin District Community Yuehai Street, Nanshan District |
| All Time High | 27.0 |
| All Time Low | 0.845 |
| Ask | 6.32 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 205,180 |
| Average Daily Volume3 Month | 218,825 |
| Average Volume | 218,825 |
| Average Volume10Days | 205,180 |
| Beta | 1.045 |
| Bid | 3.57 |
| Bid Size | 2 |
| Book Value | 15.434 |
| City | Shenzhen |
| Country | China |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 5.0 |
| Current Ratio | 2.028 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 5.06 |
| Day Low | 4.9101 |
| Debt To Equity | 5.886 |
| Display Name | Xunlei |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,622,400 |
| Earnings Call Timestamp Start | 1,786,622,400 |
| Earnings Timestamp | 1,786,624,200 |
| Earnings Timestamp End | 1,794,486,600 |
| Earnings Timestamp Start | 1,794,486,600 |
| Ebitda | 18,009,500 |
| Ebitda Margins | 0.0365 |
| Enterprise To Ebitda | 5.452 |
| Enterprise To Revenue | 0.199 |
| Enterprise Value | 98,195,248 |
| Eps Trailing Twelve Months | -1.39 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.9553 |
| Fifty Day Average Change | 0.044700146 |
| Fifty Day Average Change Percent | 0.009020674 |
| Fifty Two Week Change Percent | -47.0339 |
| Fifty Two Week High | 9.782 |
| Fifty Two Week High Change | -4.7819996 |
| Fifty Two Week High Change Percent | -0.48885706 |
| Fifty Two Week Low | 4.52 |
| Fifty Two Week Low Change | 0.48000002 |
| Fifty Two Week Low Change Percent | 0.1061947 |
| Fifty Two Week Range | 4.52 - 9.782 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,403,616,600,000 |
| Float Shares | 28,680,653 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 1,306 |
| Fullday Change | 0.0 |
| Fullday Change Percent | 0.0 |
| Fullday Price | 5.0 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.49508998 |
| Gross Profits | 244,264,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.22774 |
| Held Percent Institutions | 0.11249 |
| Implied Shares Outstanding | 63,740,450 |
| Industry | Software - Infrastructure |
| Industry Disp | Software - Infrastructure |
| Industry Key | software-infrastructure |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. The company's platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. It 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 premium acceleration products through Green Channel and Fast Bird products. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, consume, and store digital media content; and StellarCloud, a distributed cloud computing platform. In addition, the company offers Wefun, an audio live-streaming product that offers users to join various chat rooms based on their favorite topics; and Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator. Further, it provides online games operated through mobile and online game businesses; advertising services; Xunlei Browser that provides video streaming, web browsing, and novel reading; cloud-based implementation for subscription services; cloud computing services; accelerated data transmission services; indexing technology, and distributed file locating system. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is headquartered in Shenzhen, the People's Republic of China. |
| Long Name | Xunlei Limited |
| Market | us_market |
| Market Cap | 318,702,240 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_134031691 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -90,101,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 618,080,284 |
| Open | 4.95 |
| Operating Margins | -0.046719998 |
| Payout Ratio | 0.0 |
| Peg Ratio | 2.58 |
| Phone | 86 75 5611 11611 |
| Previous Close | 5.0 |
| Price Hint | 4 |
| Price To Book | 0.3239601 |
| Price To Sales Trailing12 Months | 0.64597005 |
| Profit Margins | -0.1451 |
| Quick Ratio | 1.915 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 5.06 |
| Regular Market Day Low | 4.9101 |
| Regular Market Day Range | 4.9101 - 5.06 |
| Regular Market Open | 4.95 |
| Regular Market Previous Close | 5.0 |
| Regular Market Price | 5.0 |
| Regular Market Time | 1,791,921,601 |
| Regular Market Volume | 141,620 |
| Return On Assets | 0.00434 |
| Return On Equity | -0.08931 |
| Revenue Growth | -0.014 |
| Revenue Per Share | 7.827 |
| Sand P52 Week Change | 0.17004645 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 63,740,450 |
| Shares Percent Shares Out | 0.0167 |
| Shares Short | 1,067,220 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 1,163,840 |
| Short Name | Xunlei Limited |
| Short Percent Of Float | 0.0325 |
| Short Ratio | 5.22 |
| Source Interval | 15 |
| Symbol | XNET |
| Total Cash | 276,859,008 |
| Total Cash Per Share | 4.344 |
| Total Debt | 57,817,000 |
| Total Revenue | 493,369,984 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.39 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 5.7616 |
| Two Hundred Day Average Change | -0.7616 |
| Two Hundred Day Average Change Percent | -0.1321855 |
| Type Disp | Equity |
| Volume | 141,620 |
| Website | https://www.xunlei.com |
| Zip | 518,057 |