RLX Technology Inc vs Upstart Holdings Inc — how do they compare? RLX Technology Inc trades at $2.02 (market cap $2.42B), while Upstart Holdings Inc trades at $29.13 (market cap $2.91B). The key difference: Upstart Holdings Inc is the larger of the two by market cap, and RLX Technology Inc pays a 5.05% dividend while Upstart Holdings Inc pays none. Which is the better fit depends on your goals.
| RLX | UPST | |
|---|---|---|
Market Cap | $2.42B | $2.91B |
Sector | Technology | Financials |
52-Week High | $2.73 | $73.76 |
52-Week Low | $1.79 | $24.22 |
Enterprise Value | $1.04B | — |
Dividend Yield | 5.05% | — |
Signals from Pluang's Aura AI — not financial advice
RLX trades at $2.01, up 0.5% on the day, with a bearish technical signal from moving averages but neutral oscillators. The company reported Q1 2026 revenue growth driven by international expansion, with a net income margin of 22.47% in 2026. Recent news highlights its Q2 2026 earnings call scheduled for August 14, 2026, focusing on European integration.
The outlook is mixed: strong international revenue growth and solid profitability support upside, but consecutive earnings misses and a single analyst's hold rating indicate caution. Key risks include regulatory scrutiny in the vaping industry and execution challenges in global markets.
Upstart Holdings trades at $30.21, down 2.83% on the day, with a bullish technical signal supported by moving averages despite recent earnings misses. The company achieved a significant turnaround with $53.6M net income in 2025 after years of losses, driven by 42% revenue growth in Q2 2026. Analyst consensus remains positive with a $47.20 price target, though debt levels have risen to 61.48% of assets.
The outlook balances strong AI-driven loan growth against execution risks and high valuation. Near-term catalysts include the upcoming bank launch and sustained origination growth, while macroeconomic sensitivity and competitive pressures present ongoing challenges for the lending platform.
Trailing returns across standard periods
RLX Technology Inc. is a leading e-vapor company in China, focusing on the research, development, and sale of e-vapor products. The company primarily operates under the RELX brand, offering a range of closed-system e-vapor products designed to deliver a high-quality user experience. RLX's business model is centered on product innovation, strong brand building, and a vast distribution network across China.
Read more on RLX →Upstart Holdings Inc provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of Upstart AI-enabled bank partners. The revenue of the company is primarily comprised of fees paid by banks.
Read more on UPST →