Qfin (NASDAQ:QFIN) Stock Rating Lowered by Citigroup

Key Points

• Citigroup downgraded Qfin from “buy” to “sell” and set an $8 price target, implying 18.79% downside from the stock’s reported $9.85 price.
• Analyst sentiment has weakened, with JPMorgan also moving Qfin to “underweight.” MarketBeat reports a consensus “reduce” rating and an average target price of $12.15.
• Qfin shares fell to $9.85 and are near their one-year low of $9.70, while recent results showed $524.96 million in revenue and mixed earnings performance; management commentary pointed to potential softness continuing into the third quarter.

Qfin (NASDAQ:QFIN - Get Free Report) was downgraded by research analysts at Citigroup from a "buy" rating to a "sell" rating in a research note issued to investors on Wednesday. They presently have a $8.00 price objective on the stock. Citigroup's price target would suggest a potential downside of 18.79% from the stock's current price.

A number of other brokerages also recently weighed in on QFIN. Weiss Ratings downgraded shares of Qfin from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft set a $13.00 target price on Qfin in a research report on Wednesday, August 12th. JPMorgan Chase & Co. lowered Qfin from a "neutral" rating to an "underweight" rating and set a $9.00 price target on the stock. in a report on Wednesday. Bank of America reissued a "neutral" rating and issued a $15.33 price objective on shares of Qfin in a research note on Wednesday, May 27th. Finally, Zacks Research upgraded Qfin from a "strong sell" rating to a "hold" rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Qfin currently has a consensus rating of "Reduce" and an average target price of $12.15.

Qfin Price Performance

Shares of QFIN traded down $1.68 during mid-day trading on Wednesday, reaching $9.85. The company had a trading volume of 2,124,821 shares, compared to its average volume of 1,541,994. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 1.83 and a beta of 0.63. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.22 and a current ratio of 2.22. The company's 50 day simple moving average is $13.65 and its 200 day simple moving average is $13.93. Qfin has a 1-year low of $9.70 and a 1-year high of $32.69.

Qfin (NASDAQ:QFIN - Get Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported $0.55 earnings per share (EPS) for the quarter. Qfin had a net margin of 27.48% and a return on equity of 20.85%. The business had revenue of $524.96 million during the quarter. Analysts expect that Qfin will post 3.74 EPS for the current year.

Insider Transactions at Qfin

In related news, Director Xiaohuan Chen purchased 4,000 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was acquired at an average cost of $14.41 per share, with a total value of $57,640.00. Following the transaction, the director owned 19,000 shares of the company's stock, valued at $273,790. This represents a 26.67% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 17.10% of the company's stock.

Hedge Funds Weigh In On Qfin

Hedge funds have recently bought and sold shares of the company. Royal Bank of Canada lifted its position in shares of Qfin by 51.7% during the first quarter. Royal Bank of Canada now owns 6,508 shares of the company's stock valued at $293,000 after purchasing an additional 2,219 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Qfin in the 1st quarter worth about $29,000. Goldman Sachs Group Inc. increased its stake in Qfin by 32.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,603,830 shares of the company's stock valued at $72,028,000 after buying an additional 395,589 shares during the last quarter. California State Teachers Retirement System increased its stake in Qfin by 333.8% in the 2nd quarter. California State Teachers Retirement System now owns 34,810 shares of the company's stock valued at $1,509,000 after buying an additional 26,786 shares during the last quarter. Finally, Barclays PLC increased its stake in Qfin by 89.2% in the 3rd quarter. Barclays PLC now owns 466,449 shares of the company's stock valued at $13,424,000 after buying an additional 219,929 shares during the last quarter. 74.81% of the stock is owned by hedge funds and other institutional investors.

More Qfin News

Here are the key news stories impacting Qfin this week:

• Positive Sentiment: QFIN declared a semi-annual dividend alongside its second-quarter and first-half 2026 results, providing a potential income-related support for shareholders. Qfin Holdings Announces Second Quarter and Interim 2026 Unaudited Financial Results and Declares Semi-Annual Dividend
• Neutral Sentiment: QFIN shares had recently shown significant volatility, including a prior-session gain, but available short-interest data showed no meaningful short-position signal. An earnings call transcript is available for investors seeking additional management commentary. Qfin Holdings Q2 2026 Earnings Call Transcript
• Negative Sentiment: QFIN reported quarterly EPS of $0.48, missing the $0.96 consensus estimate and falling sharply from $1.78 a year earlier. Revenue of $524.96 million also trailed expectations of $562.45 million, signaling weaker operating performance. Qfin Holdings Misses Q2 Earnings Estimates
• Negative Sentiment: Management commentary following the earnings release indicated that additional softness may continue into the third quarter, increasing concerns about near-term earnings momentum. QFIN Stock Slumps After Q2 Earnings Disappoint
• Negative Sentiment: JPMorgan downgraded QFIN from “neutral” to “underweight” and assigned a $9.00 price target, implying roughly 21.9% downside from the reference price. The downgrade reinforces investor concerns about the company’s outlook after the earnings miss.

Qfin Company Profile

360 DigiTech, Inc NASDAQ: QFIN is a China‐based fintech company that specializes in providing digital lending solutions to underserved consumer and small business markets. Leveraging proprietary credit assessment technologies and big data analytics, the company connects borrowers with a network of financial institutions and investors through its online platform. Its services encompass unsecured consumer loans, installment credit products, and working capital financing for micro and small enterprises.

The company's flagship platform offers an end‐to‐end digital lending experience, from application and credit evaluation to disbursement and repayment.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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