NASDAQ:FUTU

Futu (FUTU) Stock Price, News & Analysis

$71.78
+0.07 (+0.10%)
(As of 05/3/2024 ET)
Today's Range
$69.80
$71.92
50-Day Range
$51.34
$71.78
52-Week Range
$35.91
$72.89
Volume
2.27 million shs
Average Volume
1.52 million shs
Market Capitalization
N/A
P/E Ratio
18.36
Dividend Yield
N/A
Price Target
$62.83

Futu MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
12.5% Downside
$62.83 Price Target
Short Interest
Bearish
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.16mentions of Futu in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.21%
From $4.47 to $5.15 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.

2.36 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 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.

FUTU Stock Price History

FUTU Stock News Headlines

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FUTU May 2024 52.000 call (FUTU240510C00052000)
See More Headlines
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Company Calendar

Last Earnings
3/14/2024
Today
5/04/2024
Next Earnings (Estimated)
5/22/2024
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
2,784
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$62.83
High Stock Price Target
$75.30
Low Stock Price Target
$49.00
Potential Upside/Downside
-12.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$548.14 million
Pretax Margin
50.37%

Debt

Sales & Book Value

Annual Sales
$1.28 billion
Cash Flow
$3.70 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?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Futu in the last twelve months. There are currently 2 hold ratings 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?

8 equities research analysts have issued 12-month target prices for Futu's shares. Their FUTU share price targets range from $49.00 to $75.30. On average, they anticipate the company's share price to reach $62.83 in the next year. This suggests that the stock has a possible downside of 12.5%.
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 start of the year. Since then, FUTU stock has increased by 31.4% and is now trading at $71.78.
View the best growth stocks for 2024 here
.

Are investors shorting Futu?

Futu saw a increase in short interest in April. As of April 15th, there was short interest totaling 3,330,000 shares, an increase of 21.1% from the March 31st total of 2,750,000 shares. Based on an average daily trading volume, of 1,380,000 shares, the days-to-cover ratio is currently 2.4 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 Wednesday, May 22nd 2024.
View our FUTU earnings forecast
.

How were Futu's earnings last quarter?

Futu Holdings Limited (NASDAQ:FUTU) issued its quarterly earnings results on Thursday, March, 14th. The company reported $0.81 earnings per share for the quarter. The firm earned $303.84 million during the quarter, compared to analyst estimates of $374.14 million. Futu had a trailing twelve-month return on equity of 18.46% and a net margin of 42.77%.

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 number of retail and institutional investors. Top institutional shareholders include BNP Paribas Financial Markets (0.00%), Mediolanum International Funds Ltd (0.00%), GSA Capital Partners LLP (0.00%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.00%), IFM Investors Pty Ltd (0.00%) and Janney Montgomery Scott LLC (0.00%).
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 5/4/2024 by MarketBeat.com Staff

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