Qifu Technology (QFIN) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Qifu Technology (NASDAQ:QFIN) is set to announce its Q2 2025 earnings results on August 14th, with analysts predicting earnings of $1.83 per share and revenues of $4.68 billion for the quarter.
• In its last quarterly report, Qifu Technology reported $1.74 EPS, surpassing expectations by $0.02, although the revenue of $646.19 million fell short of the $4.61 billion forecast.
• Institutional ownership is high, with around 74.81% of shares held by hedge funds, and Goldman Sachs increased its stake in the company by 32.7% in the first quarter.

Qifu Technology (NASDAQ:QFIN - Get Free Report) is expected to announce its Q2 2025 earnings results after the market closes on Thursday, August 14th. Analysts expect the company to announce earnings of $1.83 per share and revenue of $4.68 billion for the quarter.

Qifu Technology (NASDAQ:QFIN - Get Free Report) last posted its earnings results on Monday, May 19th. The company reported $1.74 EPS for the quarter, topping analysts' consensus estimates of $1.72 by $0.02. The company had revenue of $646.19 million for the quarter, compared to the consensus estimate of $4.61 billion. Qifu Technology had a return on equity of 29.73% and a net margin of 38.99%. On average, analysts expect Qifu Technology to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Qifu Technology Price Performance

Shares of NASDAQ:QFIN traded down $0.21 during mid-day trading on Friday, reaching $33.39. The stock had a trading volume of 1,105,029 shares, compared to its average volume of 2,270,811. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.21. The company has a market cap of $5.26 billion, a P/E ratio of 5.12, a price-to-earnings-growth ratio of 0.41 and a beta of 0.39. Qifu Technology has a 1 year low of $20.00 and a 1 year high of $48.94. The business's 50 day moving average price is $40.68 and its 200 day moving average price is $41.34.

Institutional Investors Weigh In On Qifu Technology

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Qifu Technology during the first quarter valued at approximately $29,000. Royal Bank of Canada raised its position in Qifu Technology 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 during the period. Finally, Goldman Sachs Group Inc. raised its position in Qifu Technology by 32.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,603,830 shares of the company's stock valued at $72,028,000 after purchasing an additional 395,589 shares during the period. 74.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

QFIN has been the topic of a number of research analyst reports. Wall Street Zen downgraded Qifu Technology from a "strong-buy" rating to a "buy" rating in a research report on Friday, July 18th. JPMorgan Chase & Co. initiated coverage on Qifu Technology in a research report on Wednesday, July 2nd. They issued an "overweight" rating and a $65.00 target price on the stock.

About Qifu Technology

Qifu Technology, Inc, through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service.