Futu (NASDAQ:FUTU) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Futu (NASDAQ:FUTU) from a strong sell rating to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports.

Several other analysts also recently weighed in on the company. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $87.00 target price (down from $300.00) on shares of Futu in a research report on Friday, May 22nd. The Goldman Sachs Group downgraded shares of Futu from a “buy” rating to a “neutral” rating and set a $102.13 price target on the stock. in a research note on Monday, May 25th. Jefferies Financial Group reissued a “buy” rating and issued a $170.50 price objective on shares of Futu in a research report on Thursday, May 28th. Finally, Wall Street Zen downgraded shares of Futu from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $162.80.

Futu Stock Performance

Shares of NASDAQ FUTU opened at $101.84 on Monday. Futu has a fifty-two week low of $80.50 and a fifty-two week high of $202.53. The company has a market cap of $14.27 billion, a price-to-earnings ratio of 11.20, a PEG ratio of 1.22 and a beta of 0.39. The business’s 50 day moving average price is $99.01 and its 200-day moving average price is $133.89.

Futu (NASDAQ:FUTU) last posted its quarterly earnings data on Thursday, May 28th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.89 by ($2.12). The business had revenue of $694.17 million for the quarter, compared to analysts’ expectations of $761.35 million. Futu had a net margin of 41.87% and a return on equity of 26.48%. Sell-side analysts predict that Futu will post 8.95 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Aspex Management HK Ltd raised its holdings in shares of Futu by 37.5% in the 4th quarter. Aspex Management HK Ltd now owns 3,371,597 shares of the company’s stock valued at $553,650,000 after purchasing an additional 919,724 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Futu by 7.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,660,168 shares of the company’s stock worth $288,720,000 after purchasing an additional 116,143 shares during the period. State Street Corp boosted its stake in shares of Futu by 18.4% during the second quarter. State Street Corp now owns 1,212,481 shares of the company’s stock valued at $149,851,000 after purchasing an additional 188,840 shares in the last quarter. Greenwoods Asset Management Hong Kong Ltd. increased its holdings in Futu by 14.0% during the fourth quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 1,135,821 shares of the company’s stock valued at $186,513,000 after buying an additional 139,473 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Futu by 805.2% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,126,633 shares of the company’s stock valued at $195,933,000 after acquiring an additional 1,002,171 shares in the last quarter.

Futu News Summary

Here are the key news stories impacting Futu this week:

• Neutral Sentiment: Multiple law firms are reminding investors who purchased Futu securities between May 24, 2023, and May 27, 2026, that August 25, 2026, is the deadline to seek appointment as lead plaintiff. These notices are procedural and do not represent separate findings of liability. Kahn Swick & Foti class-action notice
• Neutral Sentiment: The lawsuit seeks damages for investors and names Futu and certain officers as defendants under U.S. securities laws. Investors may participate without upfront legal fees under contingency arrangements, according to the notices. Schall Brown & Schwartz investor alert
• Negative Sentiment: The core allegations involve undisclosed regulatory-compliance failures and claimed investor harm. If substantiated, the case could increase Futu’s litigation costs, regulatory exposure, and reputational risk. Futu securities-fraud allegations
• Negative Sentiment: The legal headlines add to existing concerns after Futu’s latest reported quarter missed consensus estimates for both earnings and revenue. The shares remain well below their 200-day moving average, suggesting weak momentum and heightened sensitivity to further negative news.

Futu Company Profile

Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.

The firm’s product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.