Qfin (NASDAQ:QFIN) Hits New 52-Week Low - Here's Why

Key Points

• Qfin hit a new 52-week low: Shares fell to $5.10, below the prior close of $5.31, and are well under their 50- and 200-day moving averages.
• Legal and regulatory concerns are in focus: A securities class action alleges Qfin misrepresented the impact of Chinese regulatory changes; the claims are allegations, not findings. The company is scheduled to report third-quarter results after the market closes on November 24.
• Analyst sentiment remains cautious: Qfin has an average “Reduce” rating, with three Sell, four Hold, and one Buy ratings, despite a consensus price target of $12.29. The company also reduced its recent dividend from $0.78 to $0.46 per share.

Shares of Qfin Holdings Inc. - Sponsored ADR (NASDAQ:QFIN - Get Free Report) reached a new 52-week low on Thursday. The company traded as low as $5.10 and last traded at $5.1850, with a volume of 138,522 shares changing hands. The stock had previously closed at $5.31.

Key Qfin News

Investors following QFIN have been watching these news items:

• Positive Sentiment: Zacks Research upgraded QFIN from “strong sell” to “hold.” The change is a more favorable assessment, though a hold rating does not signal an expectation of near-term gains. Zacks Research ratings
• Neutral Sentiment: Qfin Holdings will report unaudited third-quarter 2026 results after U.S. markets close on November 24. Investors may look to the report for updates on financial performance and the effects of regulatory changes in China. Earnings announcement
• Negative Sentiment: Several law firms publicized a pending securities class action against Qfin and certain executives, with lead-plaintiff deadlines approaching November 27 and 30. The lawsuit concerns investors who bought shares from March 18 through August 25, 2026, and alleges the company misrepresented how its business was handling Chinese regulatory changes. The claims are allegations, not findings; continued legal uncertainty could weigh on investor sentiment. Class-action deadline notice

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on QFIN. Morgan Stanley downgraded shares of Qfin from an "overweight" rating to an "equal weight" rating and set a $13.00 price target on the stock. in a report on Wednesday, August 26th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Qfin in a research note on Friday, October 9th. Deutsche Bank set a $13.00 target price on shares of Qfin in a report on Wednesday, August 12th. Zacks Research upgraded shares of Qfin from a "strong sell" rating to a "hold" rating in a research note on Monday. Finally, Bank of America reiterated a "neutral" rating on shares of Qfin in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Qfin currently has an average rating of "Reduce" and a consensus target price of $12.29.

Qfin Price Performance

The business has a 50 day simple moving average of $6.63 and a two-hundred day simple moving average of $12.04. The firm has a market capitalization of $610.59 million, a P/E ratio of 1.21 and a beta of 0.60. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.17 and a current ratio of 2.17.

Qfin (NASDAQ:QFIN - Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.55 earnings per share (EPS) for the quarter. Qfin had a return on equity of 15.23% and a net margin of 22.23%. The firm had revenue of $524.96 million during the quarter. On average, sell-side analysts expect that Qfin Holdings Inc. - Sponsored ADR will post 2.43 EPS for the current fiscal year.

Qfin Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 9th were paid a $0.46 dividend. This is a decrease from Qfin's previous dividend of $0.78. This represents a yield of 1,070.0%. The ex-dividend date of this dividend was Wednesday, September 9th. Qfin's payout ratio is 21.63%.

Insider Transactions at Qfin

In other Qfin news, Director Andrew Yan sold 326,700 shares of Qfin stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $7.36, for a total transaction of $2,404,512.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 657,550 shares of company stock worth $4,889,121 in the last three months. Insiders own 17.10% of the company's stock.

Hedge Funds Weigh In On Qfin

A number of institutional investors have recently made changes to their positions in the stock. FountainVest China Capital Partners GP3 Ltd. purchased a new stake in shares of Qfin during the 2nd quarter valued at $95,483,341. Renaissance Technologies LLC purchased a new position in Qfin in the first quarter worth $5,032,000. Bank of America Corp DE grew its position in Qfin by 48.5% in the first quarter. Bank of America Corp DE now owns 1,987,457 shares of the company's stock worth $25,658,000 after acquiring an additional 649,492 shares in the last quarter. Wellington Management Group LLP increased its stake in Qfin by 128.0% in the second quarter. Wellington Management Group LLP now owns 1,034,463 shares of the company's stock valued at $16,355,000 after acquiring an additional 580,772 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in Qfin in the first quarter valued at $5,612,000. Institutional investors own 74.81% of the company's stock.

About Qfin

Qifu Technology, Inc. NASDAQ: QFIN, formerly known as 360 DigiTech, operates a digital platform in China that connects consumers seeking credit with financial institutions. The company uses technology and data analysis to support credit assessment and loan matching. Its services include helping partner institutions acquire and assess borrowers, facilitating loan applications and providing support after loans are originated. Qifu also offers technology solutions to financial institutions to assist with their consumer lending operations.

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