
LexinFintech Holdings has declined ~80% from March 2025 highs, reflecting severe investor pessimism and regulatory headwinds. Q1 2026 delivered early signs of stabilization: revenue up 6.6% yoy, user and loan origination growth, but credit metrics remain a concern. Shares trade at ~2.5x forward EPS, near historical lows, suggesting deep pessimism; even modest operational improvement could drive significant re-rating.






