NASDAQ:FUTU Futu (FUTU) Stock Forecast, Price & News $59.03 +1.94 (+3.40%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$58.98▼$60.2150-Day Range$44.02▼$64.1952-Week Range$28.00▼$72.20Volume1.93 million shsAverage Volume2.35 million shsMarket Capitalization$8.88 billionP/E Ratio16.17Dividend YieldN/APrice Target$51.11 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Futu MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside13.4% Downside$51.11 Price TargetShort InterestBearish10.48% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.18Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth5.68%From $4.40 to $4.65 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.74 out of 5 starsBusiness Services Sector250th out of 311 stocksSecurity Brokers & Dealers Industry23rd out of 25 stocks 1.1 Analyst's Opinion Consensus RatingFutu has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 4 buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $51.11, Futu has a forecasted downside of 13.4% from its current price of $59.03.Amount of Analyst CoverageFutu has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted10.48% of the float of Futu has been sold short.Short Interest Ratio / Days to CoverFutu has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Futu has recently increased by 6.70%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldFutu does not currently pay a dividend.Dividend GrowthFutu does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FUTU. Previous Next 2.3 News and Social Media Coverage News SentimentFutu has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Futu this week, compared to 4 articles on an average week.Search InterestOnly 9 people have searched for FUTU on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.MarketBeat Follows6 people have added Futu to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Futu insiders have not sold or bought any company stock.Percentage Held by Insiders35.20% of the stock of Futu is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 20.75% of the stock of Futu is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Futu are expected to grow by 5.68% in the coming year, from $4.40 to $4.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Futu is 16.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Futu is 16.17, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 18.43.Price to Earnings Growth RatioFutu has a PEG Ratio of 0.79. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioFutu has a P/B Ratio of 3.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Futu (NASDAQ:FUTU) StockFutu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. It offers online financial services, including securities and derivative trades brokerage, margin financing and fund distribution services through its Futubull and Moomoo digital platforms. The company also provides financial information and online community services; online wealth management services under the brand of Money Plus through its Futubull and moomoo platforms, which give access to mutual funds, private funds, and bonds; market data and information services; and NiuNiu Community, which serves as an open forum for users and clients to share insights, ask questions, and exchange ideas. In addition, the company provides initial public offering subscription and employee share option plan solution services. Futu Holdings Limited was founded in 2007 and is based in Sheung Wan, Hong Kong.Read More FUTU Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FUTU Stock News HeadlinesSeptember 24, 2023 | americanbankingnews.comFutu (NASDAQ:FUTU) Shares Gap Up to $57.09September 20, 2023 | finance.yahoo.comBull of the Day: Futu Holdings Limited (FUTU)September 24, 2023 | Legacy Research (Ad)Watch SHOCKING Footage of AI Facility with Ties to Elon MuskI recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.September 19, 2023 | americanbankingnews.comFutu Holdings Limited (NASDAQ:FUTU) Receives Consensus Recommendation of "Hold" from AnalystsSeptember 14, 2023 | 247wallst.comZacks Investment Ideas feature highlights: Alibaba, iShares China ETF, Futu, New Oriental EducationSeptember 14, 2023 | finance.yahoo.comFutu's Wealth Management AUM Surpasses HKD50 billion with majority of contributions from Institutional and HNW ClientsSeptember 6, 2023 | finance.yahoo.comHere's Why We Think Futu Holdings (NASDAQ:FUTU) Might Deserve Your Attention TodaySeptember 4, 2023 | msn.comFutu Charges Ahead In Singapore In Stepped-Up Global ExpansionSeptember 24, 2023 | Legacy Research (Ad)Watch SHOCKING Footage of AI Facility with Ties to Elon MuskI recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.September 3, 2023 | msn.comFutu Holdings: Shares Surge To Fair Value, Technical Resistance In PlaySeptember 2, 2023 | seekingalpha.comFutu tops financial gainers this week, while Banco Itau Chile falls the mostAugust 30, 2023 | msn.comFUTU or TRI: Which Is the Better Value Stock Right Now?August 29, 2023 | markets.businessinsider.comCICC Remains a Buy on Futu Holdings (FUTU)August 29, 2023 | markets.businessinsider.comGoldman Sachs Reaffirms Their Hold Rating on Futu Holdings (FUTU)August 29, 2023 | investing.comFutu jumps 9% on BofA’s double upgradeAugust 29, 2023 | 247wallst.comBofA Securities Upgrades FutuAugust 29, 2023 | msn.com5 big analyst picks: 3M earns an upgrade following $5.5B settlement reportsAugust 28, 2023 | msn.comFutu Holdings stock climbs after double-upgrade at BofAAugust 26, 2023 | nasdaq.comCitigroup Maintains Futu Holdings Ltd - ADR (FUTU) Buy RecommendationAugust 26, 2023 | markets.businessinsider.comAnalysts Are Bullish on Top Technology Stocks: Sea (SE), Nvidia (NVDA)August 25, 2023 | finance.yahoo.comFutu Holdings Limited (NASDAQ:FUTU) Q2 2023 Earnings Call TranscriptAugust 25, 2023 | markets.businessinsider.comCiti Keeps Their Buy Rating on Futu Holdings (FUTU)August 25, 2023 | markets.businessinsider.comBank of America Securities Reaffirms Their Sell Rating on Futu Holdings (FUTU)August 25, 2023 | markets.businessinsider.comJefferies Reaffirms Their Buy Rating on Futu Holdings (FUTU)August 24, 2023 | finance.yahoo.comQ2 2023 Futu Holdings Ltd Earnings CallAugust 24, 2023 | msn.comFutu Holdings GAAP EPADS of $1.02 misses by $0.03, revenue of $317.1M beats by $22.54MAugust 24, 2023 | finanznachrichten.deFutu Holdings Limited: Futu Announces Second Quarter 2023 Unaudited Financial ResultsSee More Headlines Receive FUTU Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Futu and its competitors with MarketBeat's FREE daily newsletter. Email Address FUTU Company Calendar Last Earnings8/24/2023Today9/24/2023Next Earnings (Estimated)11/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Security brokers & dealers Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:FUTU CUSIPN/A CIK1754581 Webwww.futuholdings.com Phone(522) 523-3588FaxN/AEmployees2,784Year Founded2011Price Target and Rating Average Stock Price Forecast$51.11 High Stock Price Forecast$68.00 Low Stock Price Forecast$34.00 Forecasted Upside/Downside-13.4%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$3.65 Trailing P/E Ratio16.17 Forward P/E Ratio13.42 P/E Growth0.76Net Income$375.18 million Net Margins43.70% Pretax Margin51.40% Return on Equity18.79% Return on Assets3.99% Debt Debt-to-Equity RatioN/A Current Ratio1.26 Quick Ratio1.26 Sales & Book Value Annual Sales$975.97 million Price / Sales9.10 Cash Flow$2.63 per share Price / Cash Flow22.46 Book Value$17.78 per share Price / Book3.32Miscellaneous Outstanding Shares150,380,000Free Float97,446,000Market Cap$8.88 billion OptionableOptionable Beta0.86 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Hua Li (Age 46)Founder, Chairman & CEO Mr. Yu Chen (Age 47)Chief Financial Officer Mr. Daniel YuanChief of Staff & Head of Investor RelationsMs. Ching-Yee Joey Poon (Age 36)Head of Compliance Mr. Li Xu (Age 40)Sr. VP Key CompetitorsDocuSignNASDAQ:DOCUProcore TechnologiesNYSE:PCORWEXNYSE:WEXClean HarborsNYSE:CLHSoFi TechnologiesNASDAQ:SOFIView All CompetitorsInstitutional OwnershipWolverine Trading LLCSold 102,700 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemSold 8,040 shares on 8/21/2023Ownership: 0.043%XTX Topco LtdSold 493 shares on 8/15/2023Ownership: 0.008%Lazard Asset Management LLCBought 374 shares on 8/15/2023Ownership: 0.002%Royal Bank of CanadaBought 266 shares on 8/15/2023Ownership: 0.002%View All Institutional Transactions FUTU Stock - Frequently Asked Questions Should I buy or sell Futu stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Futu in the last year. There are currently 2 sell ratings, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FUTU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FUTU, but not buy additional shares or sell existing shares. View FUTU analyst ratings or view top-rated stocks. What is Futu's stock price forecast for 2023? 7 brokers have issued 12-month price objectives for Futu's stock. Their FUTU share price forecasts range from $34.00 to $68.00. On average, they expect the company's stock price to reach $51.11 in the next year. This suggests that the stock has a possible downside of 13.4%. View analysts price targets for FUTU or view top-rated stocks among Wall Street analysts. How have FUTU shares performed in 2023? Futu's stock was trading at $40.65 at the start of the year. Since then, FUTU shares have increased by 45.2% and is now trading at $59.03. View the best growth stocks for 2023 here. Are investors shorting Futu? Futu saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 8,280,000 shares, an increase of 6.7% from the August 15th total of 7,760,000 shares. Based on an average trading volume of 2,160,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 10.5% of the shares of the stock are sold short. View Futu's Short Interest. When is Futu's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 20th 2023. View our FUTU earnings forecast. How were Futu's earnings last quarter? Futu Holdings Limited (NASDAQ:FUTU) posted its earnings results on Thursday, August, 24th. The company reported $1.02 earnings per share (EPS) for the quarter. The company had revenue of $317.10 million for the quarter. Futu had a trailing twelve-month return on equity of 18.79% and a net margin of 43.70%. What ETFs hold Futu's stock? ETFs with the largest weight of Futu (NASDAQ:FUTU) stock in their portfolio include Amplify Emerging Markets FinTech ETF (EMFQ), Principal Millennial Global Growth ETF (GENY), Innovator IBD 50 ETF (FFTY), ERShares NextGen Entrepreneurs ETF (ERSX), iShares MSCI Hong Kong ETF (EWH), Parabla Innovation ETF (LZRD) and Emerging Markets Internet & Ecommerce ETF (EMQQ).iShares MSCI Intl Size Factor ETF (ISZE). What other stocks do shareholders of Futu own? Based on aggregate information from My MarketBeat watchlists, some companies that other Futu investors own include Tesla (TSLA), BorgWarner (BWA), Chegg (CHGG), Delta Air Lines (DAL), DraftKings (DKNG), General Electric (GE), Southwest Airlines (LUV), Magenta Therapeutics (MGTA) and What is Futu's stock symbol? Futu trades on the NASDAQ under the ticker symbol "FUTU." Who are Futu's major shareholders? Futu's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.82%), Baillie Gifford & Co. (0.74%), State Street Corp (0.69%), Hsbc Holdings PLC (0.49%), Citadel Advisors LLC (0.00%) and Geode Capital Management LLC (0.30%). View institutional ownership trends. How do I buy shares of Futu? Shares of FUTU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Futu's stock price today? One share of FUTU stock can currently be purchased for approximately $59.03. How much money does Futu make? Futu (NASDAQ:FUTU) has a market capitalization of $8.88 billion and generates $975.97 million in revenue each year. The company earns $375.18 million in net income (profit) each year or $3.65 on an earnings per share basis. How many employees does Futu have? The company employs 2,784 workers across the globe. Does Futu have any subsidiaries? The following companies are subsidiares of Futu: Beijing Futu Network Technology Co, Futu Network Technology (Shenzhen) Co, Futu Network Technology Limited, Futu Securities (Hong Kong) Limited, Futu Securities International (Hong Kong) Limited, Shen Si Network Technology (Beijing) Co. Ltd, and Shenzhen Futu Network Technology Co.Read More How can I contact Futu? Futu's mailing address is 11/F Bangkok Bank Building No. 18 Bonham Strand W Sheung Wan, Hong Kong K3, . The official website for the company is www.futuholdings.com. The company can be reached via phone at (522) 523-3588 or via email at ir@futuholdings.com. This page (NASDAQ:FUTU) was last updated on 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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