Lufax (NYSE:LU) Stock Falls 4.7% Following Weak Earnings

Lufax Holding Ltd. Sponsored ADR (NYSE:LU)’s stock price was down 4.7% on Tuesday following a dissappointing earnings announcement. The stock traded as low as $8.15 and last traded at $8.08. Approximately 39,429 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 136,593 shares. The stock had previously closed at $8.48.

The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of $10.81 by ($11.08). The company had revenue of $921.68 million during the quarter, compared to analyst estimates of $2.22 billion.

More Lufax News

Here are the key news stories impacting Lufax this week:

• Positive Sentiment: Lufax continues to serve small-business owners in China through its financial-services platform, and the company reported RMB6.18 billion (approximately $922 million) of third-quarter total income. Management’s earnings call may provide additional details on credit trends, operating priorities and its recovery strategy. Lufax Reports Third Quarter 2026 Financial Results
• Neutral Sentiment: Lufax announced changes to the composition of its Internal Control Improvement Committee, effective October 28. The move could support governance and oversight, although the company did not indicate that it would materially change near-term financial performance. Internal Control Improvement Committee Changes
• Negative Sentiment: Third-quarter total income fell to RMB6.18 billion from RMB6.48 billion a year earlier, a decline of roughly 4.6%. The company also reported a net loss of RMB1.494 billion, signaling continued pressure on earnings. Lufax Third-Quarter and Nine-Month Results
• Negative Sentiment: Market data cited quarterly EPS of approximately negative $0.27, versus a reported analyst consensus of $10.81, while revenue of $921.68 million was well below the $2.22 billion estimate. Although the consensus figures may reflect data-quality or unit differences, the reported miss is likely worsening sentiment around Lufax’s profitability and outlook. Lufax Q3 2026 Earnings Call Transcript

Analyst Upgrades and Downgrades

LU has been the topic of several research analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Lufax in a research note on Thursday, August 13th. Wall Street Zen cut Lufax from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. Deutsche Bank Aktiengesellschaft set a $14.00 target price on Lufax and gave the stock a “hold” rating in a research note on Thursday, August 27th. Zacks Research raised Lufax from a “strong sell” rating to a “hold” rating in a report on Monday, September 28th. Finally, JPMorgan Chase & Co. upgraded Lufax from a “neutral” rating to an “overweight” rating and set a $20.00 price target on the stock in a research note on Tuesday, July 28th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $17.00.

Hedge Funds Weigh In On Lufax

Hedge funds have recently bought and sold shares of the company. Asset Management One Co. Ltd. lifted its holdings in shares of Lufax by 8.6% during the third quarter. Asset Management One Co. Ltd. now owns 37,853 shares of the company’s stock worth $46,000 after purchasing an additional 2,994 shares during the period. Public Employees Retirement System of Ohio increased its holdings in Lufax by 2.8% in the first quarter. Public Employees Retirement System of Ohio now owns 246,500 shares of the company’s stock valued at $461,000 after purchasing an additional 6,600 shares during the period. California Public Employees Retirement System increased its holdings in Lufax by 2.4% in the first quarter. California Public Employees Retirement System now owns 329,089 shares of the company’s stock valued at $615,000 after purchasing an additional 7,608 shares during the period. Bank of New York Mellon Corp raised its position in Lufax by 4.7% during the 1st quarter. Bank of New York Mellon Corp now owns 318,365 shares of the company’s stock worth $595,000 after purchasing an additional 14,224 shares during the last quarter. Finally, Fulton Bank N.A. bought a new position in Lufax during the 1st quarter worth $27,000. 69.14% of the stock is owned by institutional investors.

Lufax Stock Performance

The firm has a market capitalization of $708.61 million, a P/E ratio of -1.34 and a beta of 0.69. The company has a 50-day moving average of $11.25 and a 200-day moving average of $17.39. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.08.

About Lufax

Lufax Holding Ltd. (NYSE: LU) is a China-based financial services technology company that operates digital platforms for retail and small-business finance. The company connects consumers and small-business owners with financial products and services through online channels and technology-enabled processes.

Lufax’s business has historically included retail lending, wealth management and related financial services. Its platforms have provided access to consumer and small-business loans, investment products and other services offered in cooperation with financial institutions.