Futu (NASDAQ:FUTU) Stock Price Up 6.9% – Should You Buy?

10 Jun 2026, 16:50 by Mitch Edgeman · The Markets Daily

Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU – Get Free Report) rose 6.9% on Wednesday . The company traded as high as $99.61 and last traded at $97.6470. Approximately 1,065,565 shares were traded during trading, a decline of 60% from the average daily volume of 2,644,834 shares. The stock had previously closed at $91.31.

Analyst Upgrades and Downgrades

FUTU has been the topic of a number of recent research reports. Barclays lowered their target price on Futu from $236.00 to $200.00 and set an “overweight” rating on the stock in a research note on Monday, March 16th. Jefferies Financial Group reissued a “buy” rating and set a $170.50 price target on shares of Futu in a research report on Thursday, May 28th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $87.00 price target (down from $300.00) on shares of Futu in a research report on Friday, May 22nd. Wall Street Zen downgraded Futu from a “hold” rating to a “sell” rating in a research report on Saturday, May 30th. Finally, The Goldman Sachs Group downgraded Futu from a “buy” rating to a “neutral” rating and set a $102.13 price target on the stock. in a research report on Monday, May 25th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Futu presently has an average rating of “Moderate Buy” and an average target price of $162.80.

Check Out Our Latest Research Report on FUTU

Futu Trading Up 3.7%

The company has a market cap of $13.27 billion, a P/E ratio of 10.42, a price-to-earnings-growth ratio of 1.07 and a beta of 0.40. The company has a 50 day moving average price of $135.41 and a 200-day moving average price of $151.28.

Futu (NASDAQ:FUTU – Get Free Report) last announced its earnings results on Thursday, May 28th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $2.89 by ($2.12). Futu had a net margin of 41.87% and a return on equity of 26.48%. The company had revenue of $694.17 million during the quarter, compared to the consensus estimate of $761.35 million. Equities analysts expect that Futu Holdings Limited Sponsored ADR will post 8.95 earnings per share for the current year.

Futu Announces Dividend

The firm also recently announced a special dividend, which was paid on Wednesday, April 29th. Stockholders of record on Thursday, April 16th were issued a $2.60 dividend. The ex-dividend date of this dividend was Thursday, April 16th. Futu’s dividend payout ratio is currently 28.05%.

Institutional Investors Weigh In On Futu

A number of institutional investors and hedge funds have recently made changes to their positions in FUTU. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings 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 purchasing an additional 1,002,171 shares during the period. Aspex Management HK Ltd increased 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 worth $553,650,000 after purchasing an additional 919,724 shares in the last quarter. Tredje AP fonden increased its holdings in shares of Futu by 3,579.1% in the 3rd quarter. Tredje AP fonden now owns 688,000 shares of the company’s stock worth $119,650,000 after purchasing an additional 669,300 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Futu by 25,558,100.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 511,164 shares of the company’s stock worth $83,938,000 after purchasing an additional 511,162 shares in the last quarter. Finally, Tree Line Advisors Hong Kong Ltd. bought a new position in shares of Futu during the 3rd quarter valued at $64,250,000.

Futu Company Profile

(Get Free Report)

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.