The 17 analysts offering 12-month price forecasts for Futu Holdings Ltd have a median target of 44.86, with a high estimate of 71.30 and a low estimate of 26.93. The median estimate represents a +25.96% increase from the last price of 35.61.
Similarly Is FUTU overvalued? Is Futu Stock Overvalued? FUTU’s shares have corrected by -77% in the past six months, as compared with a -5% decline in the S&P 500 over the same period. But I will refer to Futu stock as fairly valued rather than overvalued.
What does FUTU holding do? Futu Holdings Limited (Nasdaq: FUTU) is an advanced technology company transforming the investing experience by offering a fully digitalized brokerage and wealth management platform.
Additionally, Is FUTU holdings listed in Hong Kong?
Futu Holdings Limited (Chinese: 富途) operates as a holding company in digitized brokerage and wealth management platform in China, Hong Kong, the United States, and internationally. The largest investor of Futu as of 2019 is Tencent.
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Futu.
| Type | Public |
|---|---|
| Website | www.futuholdings.com/en-us |
Is FUTU a good investment?
Bottom Line. FUTU is definitely a great company which can be clearly seen by its rapid growth and its superb profitability. On top of that, the company’s valuation seems extremely enticing. However as discussed, due to FUTU’s particularly high regulatory risk, I think that the current valuation is quite fair.
Is FUTU a good stock to buy? The consensus among Wall Street research analysts is that investors should « hold » Futu stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FUTU, but not buy additional shares or sell existing shares.
Is FUTU stock a buy or sell? Out of 4 analysts, 3 (75%) are recommending FUTU as a Strong Buy, 0 (0%) are recommending FUTU as a Buy, 1 (25%) are recommending FUTU as a Hold, 0 (0%) are recommending FUTU as a Sell, and 0 (0%) are recommending FUTU as a Strong Sell. What is FUTU’s earnings growth forecast for 2022-2023?
Why is FUTU down so much? Key Points. Futu Holdings got off to a hot start in 2021 but finished the year down amid regulatory uncertainty. The SEC is cracking down on foreign companies over auditing requirements. Chinese regulators are cracking down on a number of industries as well, including online brokerages like Futu.
Is FUTU undervalued?
PB vs Industry: FUTU is overvalued based on its PB Ratio (2x) compared to the US Capital Markets industry average (-15.2x).
Why are FUTU shares dropping? Key Points. Futu missed revenue and earnings estimates for the fourth quarter. On Friday, the SEC named five specific Chinese stocks at risk of being delisted from U.S. exchanges.
Is FUTU a VIE?
Like other Chinese companies with listings outside of China, such as Alibaba Group Holding Ltd., Futu is a variable-interest entity, or VIE, a structure created in the 1990s as a workaround for Chinese companies not allowed to have direct foreign ownership.
Is FUTU Chinese company? Futu Holdings Limited (FUTU), is a FinTech company from China, offering a fully digitized brokerage and wealth management platform.
How popular is Futu?
Futu has tripled its users in the last year and now has over 1 million customers with assets in their trading accounts.
How Futu makes money?
The Company’s primary fee-generating services include trade execution and margin financing which allow its clients to trade securities, such as stocks, warrants, options and exchange-traded funds, or ETFs, across different markets.
Is FUTU a SIPC? Futu Inc is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims of cash). Explanatory brochure available upon request or at http://www.sipc.org. You can check Futu Inc on FINRA’s BrokerCheck.
Is FUTU a tech stock? Futu Holdings Limited (« Futu » or the « Company ») (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform that provides investment services through its proprietary digital platforms Futubull and moomoo, today announced its unaudited financial results for the fourth quarter and full year …
How many customers does FUTU have?
Total number of paying clients1 increased 140.8% year-over-year to 1,244,222 as of December 31, 2021. Total number of registered clients2 increased 93.8% year-over-year to 2,751,239 as of December 31, 2021. Total number of users3 increased 45.8% year-over-year to 17.4 million as of December 31, 2021.
How many users does FUTU have? The number of Futu users reached 15.5 million, an increase of 66.8% YoY; the number of registered clients reached 2.32 million, an increase of 142.5% YoY; the number of Futu’s paying clients reached 1 million an increase of 230.2% YoY.
When did FUTU go public?
Futu was listed on Nasdaq on March 8, 2019.
How many users does Futu have worldwide? Futu Holdings Limited Q4 Financial Results: 2021 Revenues Up 114.9% YoY With 17 Million Users Worldwide.
Does tiger broker operate in China?
Clients may now use Tiger Trade to trade equities in The U.S., Hong Kong, Singapore, and Australia as well as futures, options, and funds. Tiger Brokers has offices in Singapore, New York, Beijing, Auckland, and Sydney and employees close 10001 people.
Is Futu trade legit? Yes, Moomoo is a legit trading platform. Moomoo is headquartered in Palo Alto, California, and US stocks are offered by Futu Inc., a registered broker-dealer with the US Securities and Exchange Commission. It’s also a member of the Financial Industry Regulatory Authority and Securities Investor Protection Corporation.
Can I buy crypto on Futu? Robinhood Rival Futu Plans to Offer Crypto Trading in US, Singapore, Hong Kong. With its number of new users and revenue surging, the Chinese brokerage app said it has begun applying for crypto-related licenses.
What sector is FUTU?
Key Data
| Label | Value |
|---|---|
| Sector | Finance |
| Industry | Investment Bankers/Brokers/Service |
| 1 Year Target | $50.00 |
| Today’s High/Low | $38.80/$35.40 |
Will up Fintech go up?
During the day the stock fluctuated 6.35% from a day low at $4.57 to a day high of $4.86.
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Predicted Opening Price for UP Fintech Holding Limited of Monday, April 18, 2022.
| Fair opening price April 18, 2022 | Current price |
|---|---|
| $4.71 | $4.69 (Undervalued) |
