Analysts Set Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU) Price Target at $162.80

Futu Holdings Limited Sponsored ADR (NASDAQ:FUTUGet Free Report) has been assigned an average rating of “Moderate Buy” from the ten ratings firms that are covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $162.8043.

FUTU has been the subject of several research analyst reports. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $87.00 price objective (down from $300.00) on shares of Futu in a research note on Friday, May 22nd. Wall Street Zen lowered Futu from a “hold” rating to a “sell” rating in a report on Saturday, May 30th. Zacks Research raised shares of Futu from a “strong sell” rating to a “hold” rating in a research report on Monday, July 27th. Jefferies Financial Group reissued a “buy” rating and issued a $170.50 price objective on shares of Futu in a research report on Thursday, May 28th. Finally, The Goldman Sachs Group downgraded shares of Futu from a “buy” rating to a “neutral” rating and set a $102.13 target price for the company. in a research report on Monday, May 25th.

View Our Latest Analysis on Futu

Futu Price Performance

Shares of FUTU stock opened at $105.12 on Monday. Futu has a one year low of $80.50 and a one year high of $202.53. The business’s 50 day simple moving average is $98.45 and its 200 day simple moving average is $132.22. The stock has a market capitalization of $14.73 billion, a PE ratio of 11.56, a PEG ratio of 1.23 and a beta of 0.39.

Futu (NASDAQ:FUTUGet Free Report) last announced its earnings results on Thursday, May 28th. The company reported $0.77 earnings per share 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 firm had revenue of $694.17 million for the quarter, compared to the consensus estimate of $761.35 million. As a group, research analysts expect that Futu will post 8.95 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Futu by 805.2% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,126,633 shares of the company’s stock worth $195,933,000 after buying an additional 1,002,171 shares in the last quarter. Aspex Management HK Ltd lifted its holdings in shares of Futu by 37.5% in the 4th quarter. Aspex Management HK Ltd now owns 3,371,597 shares of the company’s stock worth $553,650,000 after acquiring an additional 919,724 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in Futu in the second quarter worth $61,574,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Futu by 25,558,100.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 511,164 shares of the company’s stock valued at $83,938,000 after acquiring an additional 511,162 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in shares of Futu by 166.4% during the second quarter. BNP Paribas Financial Markets now owns 455,266 shares of the company’s stock valued at $56,266,000 after purchasing an additional 284,387 shares during the period.

Futu News Summary

Here are the key news stories impacting Futu this week:

  • Negative Sentiment: Hong Kong’s Securities and Futures Commission is reportedly investigating demand related to an initial public offering and has told Futu to restrict approximately HK$125 million (about US$15.9 million) connected to the matter. The report raises concerns about regulatory compliance and could increase legal, financial and reputational risks. Futu Told to Restrict HK$125 Million as SFC Investigates IPO Demand
  • Negative Sentiment: Multiple law firms announced or promoted a securities-fraud class action against Futu and certain officers. The lawsuits allege that the company failed to disclose regulatory-compliance problems, with claims that the alleged disclosures contributed to an approximately 32% stock decline. Investors who purchased shares between May 24, 2023, and May 27, 2026, have until August 25, 2026, to seek lead-plaintiff status. Futu Securities Fraud Class Action
  • Negative Sentiment: A wave of investor-alert notices from Rosen, Kaplan Fox, SBS, DJS, Faruqi & Faruqi, Pomerantz and other firms is increasing visibility around the litigation. Although these notices do not establish liability, they may weigh on sentiment by highlighting potential damages, compliance concerns and litigation costs. FUTU Investor Litigation Deadline
  • Neutral Sentiment: Futu’s latest reported quarter also fell short of consensus expectations, with earnings per share and revenue below forecasts, adding to the reasons investors may remain cautious while assessing the regulatory and legal developments.

About Futu

(Get Free Report)

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.

See Also

Analyst Recommendations for Futu (NASDAQ:FUTU)

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