Futu (NASDAQ:FUTU) Stock Rating Upgraded by Zacks Research

Futu (NASDAQ:FUTU) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

A number of other brokerages have also recently weighed in on FUTU. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $87.00 price target (down from $300.00) on shares of Futu in a research note on Friday, May 22nd. The Goldman Sachs Group cut shares of Futu from a “buy” rating to a “neutral” rating and set a $102.13 target price for the company. in a report on Monday, May 25th. Jefferies Financial Group reissued a “buy” rating and issued a $170.50 target price on shares of Futu in a research report on Thursday, May 28th. Finally, Wall Street Zen downgraded shares of Futu from a “hold” rating to a “sell” rating in a research report on Saturday, May 30th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Futu presently has a consensus rating of “Moderate Buy” and an average price target of $162.80.

Futu Stock Performance

Shares of NASDAQ:FUTU opened at $101.84 on Monday. The company has a market capitalization of $14.27 billion, a PE ratio of 11.20, a price-to-earnings-growth ratio of 1.22 and a beta of 0.39. The stock has a fifty day moving average of $99.01 and a 200-day moving average of $133.89. Futu has a one year low of $80.50 and a one year high of $202.53.

Futu (NASDAQ:FUTU) last issued its earnings results on Thursday, May 28th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.89 by ($2.12). Futu had a return on equity of 26.48% and a net margin of 41.87%.The company had revenue of $694.17 million during the quarter, compared to analyst estimates of $761.35 million. As a group, research analysts forecast that Futu will post 8.95 EPS for the current fiscal year.

Institutional Investors Weigh In On Futu

A number of institutional investors have recently bought and sold shares of the business. V Square Quantitative Management LLC acquired a new position in shares of Futu in the 1st quarter valued at about $25,000. Rockefeller Capital Management L.P. boosted its holdings in shares of Futu by 59.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 226 shares of the company’s stock worth $37,000 after purchasing an additional 84 shares during the period. Geneos Wealth Management Inc. acquired a new stake in shares of Futu during the first quarter worth approximately $27,000. Quarry LP purchased a new position in Futu during the third quarter valued at approximately $51,000. Finally, Hilton Head Capital Partners LLC purchased a new position in Futu during the fourth quarter valued at approximately $49,000.

More Futu News

Here are the key news stories impacting Futu this week:

• Neutral Sentiment: Multiple law firms are reminding investors who purchased Futu securities between May 24, 2023, and May 27, 2026, that August 25, 2026, is the deadline to seek appointment as lead plaintiff. These notices are procedural and do not represent separate findings of liability. Kahn Swick & Foti class-action notice
• Neutral Sentiment: The lawsuit seeks damages for investors and names Futu and certain officers as defendants under U.S. securities laws. Investors may participate without upfront legal fees under contingency arrangements, according to the notices. Schall Brown & Schwartz investor alert
• Negative Sentiment: The core allegations involve undisclosed regulatory-compliance failures and claimed investor harm. If substantiated, the case could increase Futu’s litigation costs, regulatory exposure, and reputational risk. Futu securities-fraud allegations
• Negative Sentiment: The legal headlines add to existing concerns after Futu’s latest reported quarter missed consensus estimates for both earnings and revenue. The shares remain well below their 200-day moving average, suggesting weak momentum and heightened sensitivity to further negative news.

About Futu

Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.

The firm’s product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.