Futu Holdings Ltd Stock Price Target Forecast, (FUTU) Prediction 2022, 2023, 2025, 2030

January 06, 2022.

Futu Holdings Limited (NASDAQ: FUTU): With The Stock Up 5.49 Percent From Its Lows On Wednesday, What Is In Store For The Company In The Future?

Analysts have given Futu Holdings Limited (FUTU) an average rating of Overweight. This equates to a 1.50 average rating. FUTU gets a Sell rating from 0 analyst(s) out of 17 that have examined the stock. 4 analyst(s) advocate holding the stock, 1 recommends overweighting it, and 11 urge buying it. The stock has been rated Underweight by 1 analyst(s). The current quarter’s earnings per share (EPS) are predicted to be $1.05.

Futu Holdings Limited (FUTU) fell -3.50 percent in the most recent session, and has now traded in the negative for the last five days. This Wednesday, 01/05/22, the stock fell -3.50 percent in intraday trade to $36.09, a weekly high. The stock has moved -16.26 percent in 30 days and has a 5-day price performance of -5.23 percent. The total pricing performance for the year is -34.76 percent based on these jobs. Short interest in Futu Holdings Limited (NASDAQ:FUTU) is 9.73 million shares, which means shorts have 1.95 days to cover their positions.

Analysts on Wall Street have set an average price objective of $562.19, implying a 93.58 percent rise in the stock’s present value. The forecast’s extremes result in target low and high prices of $389.90 and $780.11, respectively. As a consequence, FUTU is currently trading at a -2061.57 percent discount to the target high and a -980.35 percent discount to the target low.

Estimates and predictions from Futu Holdings Limited (FUTU).

In comparison to the industry in which it works, statistics reveal that Futu Holdings Limited has outperformed its competitors in terms of share price. Futu Holdings Limited (FUTU) shares have dropped 73.96 percent in the previous six months, with a year-to-date growth rate of 86.57 percent vs 11.20 percent for the industry. Analysts, on the other hand, are raising their growth forecasts for fiscal year 2022. Revenue is expected to increase by 556.20 percent this quarter and then by 320.00 percent the following quarter. Revenue will climb 128.80% over the previous financial year, according to the rating companies’ predictions.

According to one expert, revenue for the current quarter will be $281.17 million (s). Meanwhile, 1 analyst(s) predicts revenue will increase to $281.17 million by the end of December 2021.

Earnings are expected to return 709.30 percent in 2022, but just 9.03 percent over the next five years.

marketingsentinel.com is the source for this information.


December 30, 2021

The Metrics That Matter Right Now for Futu Holdings Limited (NASDAQ: FUTU)

On Thursday, December 30, the stock price of Futu Holdings Limited (NASDAQ:FUTU) gained 8.53 percent above its previous day’s close as purchasers lifted the stock’s worth to $41.33.

Looking at the stock’s price movement, the stock was last seen at $38.08 in today’s session, moving in a range between $37.90 and $40.339. The five-year monthly beta was 0.96, and the trailing twelve-month PE ratio was 15.41. In terms of its 52-week performance, the 52-week high and low were $204.25 and $34.11, respectively. Over the last month, FUTU has moved -24.58 percent.

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The market capitalization of Futu Holdings Limited is now around $5.44 billion, with investors anticipating the company’s results report for the quarter of March 14, 2022 – March 18, 2022. Analysts expect the company’s earnings per share (EPS) to be $1.05 in fiscal year 2021, rising to $2.55 in fiscal year 2022 and around $3.9 in fiscal year 2023. According to the research, EPS growth will be 90.30 percent in 2021 and 52.90 percent the following year.

The company’s revenue for the quarter is expected to be $281.17 million, with a low and high estimate of $281.17 million and $281.17 million, respectively. Wall Street analysts also expect the company’s sales to increase by 128.80 percent year over year to $975.21 million in 2021, compared to the previous financial year.

Revisions may be used to provide insight into short-term price movement, and there have been no upward or downward revisions in the last seven days for the firm (s). In terms of the stock’s technical picture, short term indicators show that FUTU is a 100 percent sell on average. On the other side, medium-term indications show that the stock is a 100 percent sell, while long-term indicators imply that the stock is a 100 percent sell.

The PEG ratio for the company is 1.71, and the current price of FUTU is roughly -0.53 percent and -20.57 percent off the 20-day and 50-day simple moving averages, respectively. The Relative Strength Index (RSI, 14) is now at 43.71, with a 7-day volatility ratio of 8.07 percent and a 30-day volatility ratio of 9.99 percent. Futu Holdings Limited (FUTU) also has a beta of 0 and a 3.97 average true range (ATR). Analysts expect the stock will trade between $389.90 and $780.11 in the next 52 weeks, with an average price target of $562.19. Looking at the price objectives, the low is -843.38 percent off the latest price level in today’s trade, while the yearly target high requires a movement of -1787.52 percent. Nonetheless, a -1287.18 percent increase to $573.32, the experts’ consensus price, is sure to please investors.

When comparing Futu Holdings Limited (FUTU) to its counterparts in the market, it appears that the former has outperformed the latter. The intraday price of FUTU has moved 8.53 percent today and -3.10 percent over the last year, according to data. In other news, the S&P 500 and Dow Jones Industrial Averages are both up 0.23 percent and 0.13 percent on the day, respectively, according to early transactions.

If we return our attention to Futu Holdings Limited (NASDAQ:FUTU), historical trading data reveals that trade volumes have averaged 6.96 million in the last three months. According to the most recent statistics on outstanding shares, the corporation has 153.71 million shares.

stocksregister.com is the source of this information.


December 27, 2021

In 2021, Futu Holdings Limited (FUTU) will continue to expand.

2.89 million Futu Holdings Limited (NASDAQ:FUTU) shares changed hands in the most recent trading session, with the company’s beta reaching 0. The market valuation was at $5.85 billion after the company’s per share price of $40.90 changed hands for $1.03, or 2.58 percent, during the previous session. The most recent price of FUTU was a bargain, with the stock trading about -399.39 percent below its 52-week high of $204.25. The share price hit a 52-week low of $34.11, implying a 16.6 percent increase in value since then. The 10-day average trading volume for Futu Holdings Limited is 5.54 million shares, while the 3-month average is 6.81 million.

Futu Holdings Limited (FUTU) had an Overweight consensus recommendation from analysts, based on a mean rating of 1.50. When we go more precise, the data indicates that the stock is rated as a Sell by 0 out of 17 analysts, with 1 analyst ranking it as Overweight. Four of the remaining analysts classified FUTU as a Hold, eleven as a Buy, and one as Underweight. The current quarter’s EPS for Futu Holdings Limited is predicted to be $0.81.

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Information on Futu Holdings Limited (NASDAQ:FUTU).

As shown at the close of yesterday trade, FUTU was instantly in the green. The performance over the last five days has been green, with activity 9.53 percent. The stock’s daily price increased 2.58 percent after reaching weekly highs of 43.00 on Thursday, 12/23/21. The company’s shares are down -10.60 percent year to date, with a 5-day performance of 9.53 percent in the green. Futu Holdings Limited (NASDAQ:FUTU) is down -24.69 percent over the last 30 days. We can observe that 4.6 million shares were sold at a short interest cover time of 0.81 days when we look at the short shares.

Wall Street analysts’ consensus price objective for the company is $562.19, implying a 92.72 percent increase from its present market value for bulls. According to analyst estimates, FUTU’s anticipated low is $389.90, with a target high of $780.11. The stock would have to drop -1807.36 percent from its present position to reach the anticipated high, while it would have to rise -853.3 percent to reach the forecast low.

Estimates and predictions from Futu Holdings Limited (FUTU).

The stock of Futu Holdings Limited is outperforming most of its rivals in the same industry, according to the data. According to the numbers, the company’s stock has dropped 75.80% in the last six months, representing an annual growth rate of 86.57 percent, which is much greater than the industry average of 12.60 percent. Furthermore, analysts have raised revenue predictions for fiscal year 2021, indicating that stronger expectations are expected. The rating agencies anticipate that Futu Holdings Limited’s revenue will increase by 406.20 percent in the current quarter, and by 236.00 percent in the next quarter. Year-over-year growth is expected to be 127.60 percent higher than the previous fiscal year.

According to 1 financial analyst’s consensus forecasts, the company’s sales in the current quarter will average $281.53 million. Futu Holdings Limited’s sales for the quarter ending December 2021 is expected to be $281.53 million, according to 1 analyst. Sales growth is expected to be 84.30 percent in the coming quarter, according to forecasts.

Futu Holdings Limited’s earnings are expected to expand by 709.30 percent in 2021, while the prediction for the next five years is 9.03 percent each year.

Major shareholders of Futu Holdings Limited (NASDAQ:FUTU)

When we look at who the key owners are, we see that insiders own 8.35 percent of Futu Holdings Limited shares, while institutional investors own 38.81 percent. The current share float percentage for the stock is 42.34 percent. The stock of Futu Holdings Limited is held by 38.81 percent of institutions, with Capital Research Global Investors being the largest. The corporation owns 6.79 percent of the shares, or 5.76 million FUTU shares worth $1.03 billion, as of June 29, 2021.

As of June 29, 2021, Tiger Global Management, LLC had the second-largest proportion of outstanding shares, with 4.09 percent or 3.47 million shares valued at $621.08 million.

marketingsentinel.com is the source of this information.


December 10, 2021

The Stock of Futu Holdings Limited (NASDAQ: FUTU) Has Dropped -17.40% In The Last Month – Is There Any Room For Improvement?

During the last session, 6.03 million shares of Futu Holdings Limited (NASDAQ:FUTU) were exchanged. The stock’s price at the conclusion of trade was $45.23, implying a drop of -2.08 percent or $0.96 in intraday trading. The 52-week high for the FUTU stock is still $204.25, representing a drop of -351.58 percent from that high, but yet a gain of 21.53 percent since the stock’s low of $35.49. The firm is valued at $6.99 billion, with an average intraday trading volume of 6.38 million shares over the last ten days and 6.50 million shares over the last three months.

Futu Holdings Limited (FUTU) had an Overweight recommendation from analysts, resulting in a mean rating of 1.50. FUTU has a Sell rating from 0 analyst(s) out of 20 that have looked at the stock. One analyst recommends Overweight, four urge Hold, and fourteen recommend Buy. It has been rated as Underweight by 1 analyst(s). The company’s current-quarter earnings per share are expected to be $0.81.

Information on Futu Holdings Limited (NASDAQ:FUTU).

Futu Holdings Limited (FUTU) has traded in the red for the past five days after losing -2.08 percent in the previous session. The stock achieved a weekly high of 49.20 on Thursday, December 9th, before sliding -2.08 percent in intraday trading. The stock has a 5-day price performance of 9.54 percent and a 30-day price performance of -17.40 percent. The year-to-date pricing performance with these engagements is -1.14 percent. Short interest in Futu Holdings Limited (NASDAQ:FUTU) was 4.6 million shares, with a time to cover of 0.81 days.

The consensus price objective on Wall Street is $675.87, representing a 93.31 percent rise over the stock’s current price. The goal low and target high prices are $389.90 and $1539.58, respectively, based on the extremes. As a result, FUTU is currently trading at a -3303.89 percent discount to its indicated target high and a -762.04 percent discount to its likely bottom.

Estimates and predictions from Futu Holdings Limited (FUTU).

When we compare the performance of Futu Holdings Limited’s stock to that of its competitors, we can see that the business has outperformed them. Futu Holdings Limited (FUTU) shares have dropped 68.90 percent in the previous six months, with a year-to-date growth rate of 86.57 percent compared to 11.30 percent for the industry. This quarter’s revenue is expected to increase by 406.20 percent, followed by a 236.00 percent increase the following quarter. According to the rating firms, the company’s sales will increase by 127.60 percent over the previous fiscal year.

According to one estimate, revenue for the current quarter is expected to be $281.53 million. Meanwhile, 1 analyst(s) predicts sales growth of $281.53 million for the quarter ending December 2021.

Dividends from FUTU

On May 19, Futu Holdings Limited will release its next earnings report. However, it’s vital to remember that this dividend yield ratio is just meant to be used as a guide. Investors considering the stock should also consider the company’s other fundamental and operational features. Futu Holdings Limited has a future dividend ratio of 0 and a share yield of 0.00 percent, continuing the upward trend seen in the previous year. The company’s average dividend yield over the last five years has been 0.00%.

Major shareholders of Futu Holdings Limited (NASDAQ:FUTU)

Insiders control 8.35 percent of Futu Holdings Limited’s total outstanding shares, with institutional investors owning 38.81 percent of the shares at a 42.34 percent float rate. Capital Research Global Investors leads the 38.81 percent of institutions who own shares in the firm. The corporation had around 5.76 million shares (or 6.79 percent of the stock) as of June 29, 2021, valued at $1.03 billion.

Tiger Global Management, LLC is the second largest shareholder, with 3.47 million shares, or around 4.09 percent of the total number of shares outstanding. These shares were valued $621.08 million at the market price on June 29, 2021.

marketingsentinel.com is the source of this information.


30 October, 2021

Morgan Stanley has downgraded Futu’s (NASDAQ:FUTU) stock rating.

Morgan Stanley’s equities research analysts downgraded Futu (NASDAQ:FUTU) from “overweight” to “equal weight” in a research note sent to clients and investors on Friday, according to The Fly.

Several additional research firms have lately expressed their opinions on FUTU. On Tuesday, October 19th, CLSA published a research note on Futu. They gave the business a “buy” rating and a $110.00 price target. In a research report published on Tuesday, August 3rd, Zacks Investment Research lowered Futu from a “hold” to a “strong sell” recommendation. On Monday, October 18th, JPMorgan Chase & Co. published a research note on Futu. They gave the business a “overweight” rating and a $114.00 price target. On Tuesday, July 13th, Goldman Sachs Group began covering Futu in a research note. They gave the business a “neutral” rating and a $158.27 price target. Finally, in a research note issued on Friday, October 15th, Bank of America downgraded Futu from a “buy” to a “underperform” rating and lowered their price target for the company from $156.00 to $66.00. Two financial experts have given the stock a sell recommendation, three have given it a hold recommendation, and five have given it a buy recommendation. The company has a consensus rating of “Hold” and an average price target of $164.21, according to MarketBeat data.

On Friday, the shares of FUTU opened at $58.47. The stock has a $8.49 billion market value, a price-to-earnings ratio of 24.78, and a beta of 1.27. The stock’s 50-day and 200-day simple moving averages are $94.28 and $123.78, respectively. The one-year low for Futu is $29.30, and the one-year high is $204.25.

On Monday, August 30th, Futu (NASDAQ:FUTU) released its latest earnings report. For the quarter, the firm earned $3.58 per share, missing the Thomson Reuters average estimate of $4.64 by ($1.06). The company had $203.05 million in sales for the quarter, compared to analyst expectations of $208.52 million. Futu achieved a 20.44 percent return on equity and a 44.47 percent net margin. Futu is expected to earn 2.46 EPS this year, according to research experts.

A number of hedge funds and other institutional investors have lately increased or decreased their holdings in the firm. During the second quarter, Quadrant Capital Group LLC increased its holdings in Futu by 266.1 percent. After acquiring an additional 149 shares during the period, Quadrant Capital Group LLC now owns 205 shares of the company’s stock, valued at $37,000. Advisory Services Network LLC bought a new investment in Futu for $36,000 in the second quarter. During the second quarter, Harbor Investment Advisory LLC bought a new position in Futu worth around $37,000. During the second quarter, Russell Investments Group Ltd. bought a new investment in Futu for around $45,000. Finally, during the second quarter, Parallel Advisors LLC increased its position in Futu by 165.9%. After acquiring an additional 307 shares during the period, Parallel Advisors LLC now owns 492 shares of the company’s stock, valued at $88,000. Hedge funds and institutional investors hold 21.22 percent of the company’s shares.

marketbeat.com is the source for this information.


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