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NASDAQ:FUTU

Futu (FUTU) Stock Price, News & Analysis

$75.14
+0.45 (+0.60%)
(As of 05/31/2024 ET)
Today's Range
$74.25
$76.35
50-Day Range
$53.37
$80.41
52-Week Range
$35.91
$81.86
Volume
1.82 million shs
Average Volume
1.86 million shs
Market Capitalization
N/A
P/E Ratio
19.88
Dividend Yield
N/A
Price Target
$72.37

Futu MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
3.7% Downside
$72.37 Price Target
Short Interest
Bearish
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of Futu in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.45%
From $4.53 to $5.23 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.66 out of 5 stars

FUTU stock logo

About Futu Stock (NASDAQ:FUTU)

Futu 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 Money Plus brand name through its Futubull and moomoo platforms, which provides its client access to mutual funds, private funds, bonds, structured products, and other wealth management products; 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. Futu Holdings Limited was founded in 2007 and is headquartered in Sheung Wan, Hong Kong.

FUTU Stock Price History

FUTU Stock News Headlines

Futu (NASDAQ:FUTU) Issues Quarterly Earnings Results
Futu (NASDAQ:FUTU) Price Target Raised to $85.80 at Bank of America
Q1 2024 Futu Holdings Ltd Earnings Call
In-Depth Examination Of 4 Analyst Recommendations For Futu Hldgs
Must-Read Stock News
Investment Opportunities in Japan’s Market
Embracing Market Dynamics as Inflation Data Looms
See More Headlines
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Company Calendar

Last Earnings
5/28/2024
Today
6/01/2024
Next Earnings (Estimated)
8/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
N/A
Current Symbol
NASDAQ:FUTU
Fax
N/A
Employees
3,213
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$72.37
High Stock Price Target
$92.00
Low Stock Price Target
$50.00
Potential Upside/Downside
-3.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$548.14 million
Pretax Margin
48.33%

Debt

Sales & Book Value

Annual Sales
$1.28 billion
Cash Flow
$3.72 per share
Book Value
$20.92 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
0.80
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FUTU Stock Analysis - 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 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FUTU shares.
View FUTU analyst ratings
or view top-rated stocks.

What is Futu's stock price target for 2024?

7 Wall Street research analysts have issued 1 year price objectives for Futu's stock. Their FUTU share price targets range from $50.00 to $92.00. On average, they anticipate the company's stock price to reach $72.37 in the next twelve months. This suggests that the stock has a possible downside of 3.7%.
View analysts price targets for FUTU
or view top-rated stocks among Wall Street analysts.

How have FUTU shares performed in 2024?

Futu's stock was trading at $54.63 at the beginning of 2024. Since then, FUTU stock has increased by 37.5% and is now trading at $75.14.
View the best growth stocks for 2024 here
.

Are investors shorting Futu?

Futu saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,050,000 shares, an increase of 17.1% from the April 30th total of 3,460,000 shares. Based on an average daily trading volume, of 1,630,000 shares, the days-to-cover ratio is currently 2.5 days.
View Futu's Short Interest
.

When is Futu's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 22nd 2024.
View our FUTU earnings forecast
.

How were Futu's earnings last quarter?

Futu Holdings Limited (NASDAQ:FUTU) announced its earnings results on Tuesday, May, 28th. The company reported $0.95 earnings per share (EPS) for the quarter. The company earned $331.27 million during the quarter. Futu had a net margin of 40.86% and a trailing twelve-month return on equity of 17.16%. During the same quarter last year, the company earned $1.08 earnings per share.

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

Who are Futu's major shareholders?

Futu's stock is owned by a variety of institutional and retail investors. Top institutional investors include Walleye Trading LLC (0.00%), Vanguard Group Inc. (0.09%), Susquehanna Portfolio Strategies LLC (0.00%), BNP Paribas Financial Markets (0.00%), Jupiter Asset Management Ltd. (0.00%) and California State Teachers Retirement System (0.05%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NASDAQ:FUTU) was last updated on 6/1/2024 by MarketBeat.com Staff

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