Qfin (NASDAQ:QFIN) Stock Rating Raised to Hold at Zacks Research

Zacks Research upgraded shares of Qfin (NASDAQ:QFIN) from a strong sell rating to a hold rating in a research note released on Monday,Zacks reports.

A number of other equities analysts have also recently weighed in on QFIN. Citigroup cut Qfin from a “buy” rating to a “sell” rating and set a $8.00 price target for the company. in a report on Wednesday, August 26th. Morgan Stanley lowered shares of Qfin from an “overweight” rating to an “equal weight” rating and set a $13.00 price objective on the stock. in a research note on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft set a $13.00 target price on shares of Qfin in a research report on Wednesday, August 12th. Bank of America restated a “neutral” rating on shares of Qfin in a research note on Thursday, September 10th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $15.40 price target on shares of Qfin in a report on Wednesday, August 26th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $12.29.

Qfin Trading Down 4.3%

NASDAQ:QFIN opened at $5.37 on Monday. The business’s 50-day moving average is $6.69 and its two-hundred day moving average is $12.10. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.17 and a quick ratio of 2.17. Qfin has a 12 month low of $5.10 and a 12 month high of $23.79. The firm has a market capitalization of $653.80 million, a PE ratio of 1.29 and a beta of 0.60.

Qfin (NASDAQ:QFIN) last issued its quarterly earnings data on Friday, August 14th. The company reported $0.55 EPS for the quarter. Qfin had a return on equity of 15.23% and a net margin of 22.23%. The company had revenue of $524.96 million for the quarter. Research analysts predict that Qfin will post 2.43 earnings per share for the current fiscal year.

Qfin Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 9th were paid a $0.46 dividend. This represents a dividend yield of 1,070.0%. This is a negative change from Qfin’s previous dividend of $0.78. The ex-dividend date was Wednesday, September 9th. Qfin’s payout ratio is presently 21.63%.

Insider Buying and Selling

In other Qfin news, Director Andrew Yan sold 330,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 24th. The stock was sold at an average price of $7.52, for a total transaction of $2,481,600.00. Following the completion of the sale, the director owned 326,700 shares in the company, valued at $2,456,784. This trade represents a 50.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 657,550 shares of company stock valued at $4,889,121 over the last ninety days. Corporate insiders own 17.10% of the company’s stock.

Hedge Funds Weigh In On Qfin

Institutional investors have recently made changes to their positions in the business. SBI Securities Co. Ltd. grew its position in shares of Qfin by 73.7% during the third quarter. SBI Securities Co. Ltd. now owns 5,492 shares of the company’s stock worth $37,000 after buying an additional 2,330 shares in the last quarter. Asset Management One Co. Ltd. increased its stake in shares of Qfin by 90.1% in the third quarter. Asset Management One Co. Ltd. now owns 5,518 shares of the company’s stock worth $37,000 after buying an additional 2,615 shares during the last quarter. Apollon Wealth Management LLC acquired a new stake in Qfin in the third quarter valued at $69,000. Ramsey Quantitative Systems acquired a new stake in Qfin in the second quarter valued at $207,000. Finally, Drive Wealth Management LLC acquired a new stake in Qfin in the third quarter valued at $108,000. 74.81% of the stock is owned by institutional investors and hedge funds.

Key Qfin News

Here are the key news stories impacting Qfin this week:

• Neutral Sentiment: Law firms are reminding investors who bought QFIN securities from March 18 through August 25, 2026, of lead-plaintiff deadlines on November 27 or November 30. These notices are solicitations for investors to participate in the case and do not represent a court finding. Article: Rosen Law Firm deadline notice
• Negative Sentiment: A securities class action has been filed against Qfin and certain executives. The complaint alleges the company misrepresented how well its business could withstand changes in Chinese (PRC) regulation; law-firm notices connect those alleged disclosures to a prior single-session share-price decline of about 19%. The allegations remain unproven, but the litigation and regulatory concerns may add pressure to the stock. Article: Class action filed against Qfin

About Qfin

Qifu Technology, Inc. (NASDAQ: QFIN), formerly known as 360 DigiTech, operates a digital platform in China that connects consumers seeking credit with financial institutions. The company uses technology and data analysis to support credit assessment and loan matching. Its services include helping partner institutions acquire and assess borrowers, facilitating loan applications and providing support after loans are originated. Qifu also offers technology solutions to financial institutions to assist with their consumer lending operations.