Futu Holdings Limited (FUTU)
NASDAQ: FUTU · IEX Real-Time Price · USD
61.61
-1.31 (-2.08%)
At close: Jul 19, 2024, 4:00 PM
62.90
+1.29 (2.09%)
Pre-market: Jul 22, 2024, 7:31 AM EDT
Futu Holdings Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Futu Holdings stock have an average target of 72.37, with a low estimate of 50 and a high estimate of 92. The average target predicts an increase of 17.46% from the current stock price of 61.61.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 29, 2024.
Analyst Ratings
The average analyst rating for Futu Holdings stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 1 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $81 → $86 | Strong Buy | Maintains | $81 → $86 | +39.26% | May 29, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $62 → $92 | Hold → Buy | Upgrades | $62 → $92 | +49.33% | May 28, 2024 |
| CLSA | CLSA | Sell → Buy Upgrades $50 → $65 | Sell → Buy | Upgrades | $50 → $65 | +5.50% | Mar 18, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $64 → $62 | Buy → Hold | Downgrades | $64 → $62 | +0.63% | Mar 15, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $77 → $75 | Strong Buy | Maintains | $77 → $75 | +22.22% | Mar 15, 2024 |
Financial Forecast
Revenue This Year
11.01B
from 10.01B
Increased by 10.03%
Revenue Next Year
12.42B
from 11.01B
Increased by 12.79%
EPS This Year
36.70
from 30.56
Increased by 20.09%
EPS Next Year
42.09
from 36.70
Increased by 14.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.5B | 14.1B | 16.5B |
| Avg | 11.0B | 12.4B | 14.0B |
| Low | 9.3B | 10.2B | 11.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.7% | 28.0% | 32.8% |
| Avg | 10.0% | 12.8% | 12.9% |
| Low | -7.0% | -7.6% | -9.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 39.96 | 47.09 | 50.98 |
| Avg | 36.70 | 42.09 | 45.69 |
| Low | 31.79 | 36.44 | 41.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.8% | 28.3% | 21.1% |
| Avg | 20.1% | 14.7% | 8.5% |
| Low | 4.0% | -0.7% | -0.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.