Qfin (NASDAQ:QFIN) Hits New 1-Year Low - Here's What Happened

Key Points

• Qfin shares hit a new 52-week low of $6.21 amid investor concerns about Chinese regulatory headwinds and multiple announced securities class actions. The lawsuits allege the company misrepresented regulatory risks, though the claims remain unproven.
• Analyst sentiment has deteriorated, with Morgan Stanley, Citigroup, JPMorgan, and Weiss Ratings all downgrading the stock. Qfin has a consensus “Reduce” rating and an average price target of $12.29.
• Qfin reported $0.55 in quarterly EPS on $524.96 million in revenue, but also cut its dividend from $0.78 to $0.46 per share. Director Andrew Yan sold 330,000 shares, while insiders sold 657,550 shares over the past 90 days.

Shares of Qfin Holdings Inc. - Sponsored ADR (NASDAQ:QFIN - Get Free Report) hit a new 52-week low during trading on Wednesday. The company traded as low as $6.21 and last traded at $6.2750, with a volume of 98653 shares traded. The stock had previously closed at $6.37.

Trending Headlines about Qfin

Here are the key news stories impacting Qfin this week:

• Negative Sentiment: Several firms, including Bleichmar Fonti & Auld and Pomerantz, announced or promoted a class action against Qfin and certain executives. The lawsuits allege that the company misrepresented the scope and severity of regulatory headwinds in China and overstated its ability to withstand PRC regulatory changes. The claims remain allegations and have not been proven. BFA Law QFIN Investor Reminder
• Negative Sentiment: The legal notices reference an approximately 18% to 18.91% single-session stock decline after regulatory issues were disclosed. The proposed class covers investors who acquired QFIN securities from March 18 through August 25, 2026, increasing uncertainty around potential financial, legal, and reputational costs. QFIN Stock Notice and Class Action
• Neutral Sentiment: The latest announcements primarily repeat investor-notification and lead-plaintiff solicitations rather than disclose a new operating development. Investors seeking to lead the case face deadlines reported as November 27 or November 30, 2026, depending on the law firm’s notice. Kaplan Fox QFIN Deadline Notice

Wall Street Analyst Weigh In

Several research firms recently commented on QFIN. Morgan Stanley cut shares of Qfin from an "overweight" rating to an "equal weight" rating and set a $13.00 target price for the company. in a research note on Wednesday, August 26th. Bank of America reaffirmed a "neutral" rating on shares of Qfin in a research report on Thursday, September 10th. Citigroup cut shares of Qfin from a "buy" rating to a "sell" rating and set a $8.00 target price for the company. in a research note on Wednesday, August 26th. JPMorgan Chase & Co. lowered Qfin from a "neutral" rating to an "underweight" rating and lowered their price target for the company from $13.50 to $9.00 in a research note on Wednesday, August 26th. Finally, Weiss Ratings lowered Qfin from a "hold (c-)" rating to a "sell (d+)" 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 four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and an average price target of $12.29.

Qfin Stock Performance

The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.17 and a current ratio of 2.17. The company has a market capitalization of $759.23 million, a P/E ratio of 1.50 and a beta of 0.55. The firm has a 50 day moving average price of $9.85 and a two-hundred day moving average price of $12.46.

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. The firm had revenue of $524.96 million during the quarter. Qfin had a return on equity of 15.23% and a net margin of 22.23%. On average, research analysts expect that Qfin Holdings Inc. - Sponsored ADR will post 2.42 earnings per share for the current fiscal year.

Qfin Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 9th were given a dividend of $0.46 per share. This is a drop from Qfin's previous dividend of $0.78. The ex-dividend date was Wednesday, September 9th. This represents a yield of 1,070.0%. Qfin's dividend payout ratio is currently 21.63%.

Insider Transactions at Qfin

In other Qfin news, Director Andrew Yan sold 330,000 shares of the business's stock in a transaction on Thursday, September 24th. The stock was sold at an average price of $7.52, for a total value of $2,481,600.00. Following the transaction, the director owned 326,700 shares of the company's stock, valued at approximately $2,456,784. The trade was a 50.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders sold 657,550 shares of company stock valued at $4,889,121. Insiders own 17.10% of the company's stock.

Hedge Funds Weigh In On Qfin

A number of institutional investors have recently modified their holdings of the stock. DGS Capital Management LLC lifted its stake in Qfin by 8.8% in the first quarter. DGS Capital Management LLC now owns 10,906 shares of the company's stock valued at $141,000 after acquiring an additional 878 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Qfin by 813.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,669 shares of the company's stock worth $90,000 after purchasing an additional 4,158 shares during the period. APEIRON CAPITAL Ltd increased its position in Qfin by 0.4% during the first quarter. APEIRON CAPITAL Ltd now owns 1,032,055 shares of the company's stock worth $13,324,000 after buying an additional 4,600 shares during the last quarter. Maven Securities LTD raised its stake in Qfin by 8.1% in the fourth quarter. Maven Securities LTD now owns 68,033 shares of the company's stock valued at $1,311,000 after buying an additional 5,121 shares during the period. Finally, QRG Capital Management Inc. bought a new position in shares of Qfin during the 1st quarter worth approximately $136,000. 74.81% of the stock is owned by institutional investors.

Qfin Company Profile

Qifu Technology, Inc, formerly known as 360 DigiTech, Inc and 360 Finance, is a China-based financial technology company. The company operates a technology platform that connects consumers seeking credit with financial institutions and other lending partners.

Qifu provides online consumer finance services, including credit assessment, loan facilitation, risk management, and post-loan servicing. Its technology uses data analysis, artificial intelligence, and automated tools to support borrower acquisition, underwriting, transaction processing, and credit monitoring.

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