Futu (NASDAQ:FUTU) Lowered to “Strong Sell” Rating by Zacks Research

Futu (NASDAQ:FUTU) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Monday,Zacks.com reports.

Other equities analysts also recently issued research reports about the company. Barclays dropped their price target on Futu from $236.00 to $200.00 and set an “overweight” rating for the company in a research report on Monday, March 16th. Wall Street Zen downgraded Futu from a “hold” rating to a “sell” rating in a research report on Saturday, May 30th. The Goldman Sachs Group downgraded Futu from a “buy” rating to a “neutral” rating and set a $102.13 price objective for the company. in a research report on Monday, May 25th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $170.50 price objective on shares of Futu in a research report on Thursday, May 28th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $87.00 price objective (down from $300.00) on shares of Futu in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $162.80.

Futu Stock Performance

Futu stock opened at $91.31 on Monday. The stock has a fifty day moving average of $135.41 and a two-hundred day moving average of $151.28. The company has a market capitalization of $12.80 billion, a price-to-earnings ratio of 10.05, a PEG ratio of 1.07 and a beta of 0.40. Futu has a fifty-two week low of $80.50 and a fifty-two week high of $202.53.

Futu (NASDAQ:FUTU) last released its quarterly earnings results on Thursday, May 28th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $2.89 by ($2.12). The company had revenue of $694.17 million for the quarter, compared to analysts’ expectations of $761.35 million. Futu had a return on equity of 26.48% and a net margin of 41.87%. On average, analysts forecast that Futu will post 8.95 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. CoreCap Advisors LLC lifted its stake in shares of Futu by 2.8% in the fourth quarter. CoreCap Advisors LLC now owns 2,455 shares of the company’s stock worth $403,000 after acquiring an additional 68 shares in the last quarter. Lifestyle Asset Management Inc. lifted its stake in shares of Futu by 2.2% in the fourth quarter. Lifestyle Asset Management Inc. now owns 3,420 shares of the company’s stock worth $562,000 after acquiring an additional 72 shares in the last quarter. Orion Porfolio Solutions LLC lifted its stake in shares of Futu by 3.3% in the fourth quarter. Orion Porfolio Solutions LLC now owns 2,391 shares of the company’s stock worth $393,000 after acquiring an additional 77 shares in the last quarter. Diversify Wealth Management LLC lifted its stake in shares of Futu by 0.9% in the third quarter. Diversify Wealth Management LLC now owns 8,962 shares of the company’s stock worth $1,559,000 after acquiring an additional 83 shares in the last quarter. Finally, Personal CFO Solutions LLC raised its stake in Futu by 5.1% during the fourth quarter. Personal CFO Solutions LLC now owns 1,713 shares of the company’s stock valued at $281,000 after buying an additional 83 shares in the last quarter.

Key Stories Impacting Futu

Here are the key news stories impacting Futu this week:

• Positive Sentiment: Barclays reiterated a Buy rating on Futu Holdings Limited (FUTU), which may help support sentiment despite the broader negative news flow. Futu Holdings (FUTU) Receives a Buy from Barclays
• Neutral Sentiment: Short interest in Futu rose sharply in May, showing that bearish bets increased materially; while not a direct catalyst, it signals growing skepticism and can add volatility.
• Negative Sentiment: Japan’s watchdog reportedly seeks penalties against Futu’s Moomoo unit, adding a fresh regulatory overhang and heightening investor concern about operations in a key market. Japan Watchdog Seeks Penalties Against Futu’s Moomoo Unit
• Negative Sentiment: Multiple law firms, including Rosen, Kirby McInerney, Kahn Swick & Foti, and Schall, announced securities investigations tied to alleged misleading business information, increasing litigation risk for Futu Holdings Limited (FUTU). Futu Investor News: If You Have Suffered Losses in Futu Holdings Limited (NASDAQ: FUTU)…

Futu Company Profile

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.

The firm’s product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.