Futu Holdings Limited (FUTU)
NASDAQ: FUTU · IEX Real-Time Price · USD
56.79
-0.70 (-1.22%)
At close: Apr 15, 2024, 4:00 PM
56.14
-0.65 (-1.14%)
Pre-market: Apr 16, 2024, 8:17 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 64.8, with a low estimate of 50 and a high estimate of 75.3. The average target predicts an increase of 14.10% from the current stock price of 56.79.
Analyst Consensus: Strong Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CLSA | CLSA | Sell → Buy Upgrades $50 → $65 | Sell → Buy | Upgrades | $50 → $65 | +14.46% | Mar 18, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $64 → $62 | Buy → Hold | Downgrades | $64 → $62 | +9.17% | Mar 15, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $77 → $75 | Strong Buy | Maintains | $77 → $75 | +32.59% | Mar 15, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $64 | Hold → Buy | Upgrades | $64 | +12.70% | Jan 17, 2024 |
| UBS | UBS | Hold → Strong Buy Upgrades $67 | Hold → Strong Buy | Upgrades | $67 | +17.98% | Jan 5, 2024 |
Financial Forecast
Revenue This Year
10.94B
from 10.01B
Increased by 9.31%
Revenue Next Year
12.32B
from 10.94B
Increased by 12.61%
EPS This Year
34.14
from 30.56
Increased by 11.72%
EPS Next Year
38.34
from 34.14
Increased by 12.28%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.5B | 14.0B | 15.6B |
| Avg | 10.9B | 12.3B | 13.5B |
| Low | 9.0B | 9.4B | 10.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.7% | 27.8% | 26.8% |
| Avg | 9.3% | 12.6% | 9.9% |
| Low | -10.0% | -13.6% | -18.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 40.11 | 45.09 | 51.43 |
| Avg | 34.14 | 38.34 | 40.60 |
| Low | 24.82 | 23.03 | 24.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.3% | 32.1% | 34.2% |
| Avg | 11.7% | 12.3% | 5.9% |
| Low | -18.8% | -32.5% | -36.2% |
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.