Futu Holdings downgraded by JP Morgan with a new price target
$FUTU
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JP Morgan downgraded Futu Holdings from Overweight to Neutral and set a new price target of $46.00 from $65.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/19/2024 | $79.00 → $95.00 | Buy → Neutral | Citigroup |
| 11/18/2024 | $70.00 → $115.00 | Equal-Weight → Overweight | Morgan Stanley |
| 5/28/2024 | $62.00 → $92.00 | Neutral → Overweight | JP Morgan |
| 3/18/2024 | $50.00 → $65.00 | Underperform → Outperform | CLSA |
| 3/15/2024 | $64.00 → $62.00 | Overweight → Neutral | JP Morgan |
| 1/17/2024 | $64.00 | Neutral → Overweight | JP Morgan |
| 1/5/2024 | $67.00 | Neutral → Buy | UBS |
| 1/4/2024 | $40.00 → $50.00 | Underweight → Equal-Weight | Morgan Stanley |
SC 13G/A - Futu Holdings Ltd (0001754581) (Subject)
SC 13G - Futu Holdings Ltd (0001754581) (Subject)
SC 13G/A - Futu Holdings Ltd (0001754581) (Subject)
Citigroup downgraded Futu Holdings from Buy to Neutral and set a new price target of $95.00 from $79.00 previously
Morgan Stanley upgraded Futu Holdings from Equal-Weight to Overweight and set a new price target of $115.00 from $70.00 previously
JP Morgan upgraded Futu Holdings from Neutral to Overweight and set a new price target of $92.00 from $62.00 previously
JERSEY CITY, N.J., Nov. 19, 2024 /PRNewswire/ -- Moomoo's parent company Futu Holdings Ltd. ("Futu" or "the Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, announced its unaudited Q3 2024 earnings with US$442.3 million in revenues, up 29.6% year-over-year ("YoY"), and US$180 million in non-GAAP adjusted net income, a 20.8% YoY increase. The Company maintained robust growth, with its global users reaching over 24.1 million and paying clients approaching 2.2 million by the end of Q3, representing an increase of 14.4% YoY and 33.1% YoY, respectively. Total client assets accelerated significantly compared to Q2, reaching US$89.2 billion with a ris
HONG KONG, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Operational Highlights Total number of paying clients1 increased 33.1% year-over-year to 2,196,647 as of September 30, 2024.Total number of registered clients2 increased 22.8% year-over-year to 4,284,786 as of September 30, 2024.Total number of users3 increased 14.4% year-over-year to 24.1 million as of September 30, 2024.Total client assets increased 48.1% year-over-year to HK$693.4 billion as of S
HONG KONG, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that it will report its financial results for the third quarter ended September 30, 2024, before U.S. markets open on November 19, 2024. Futu's management will hold an earnings conference call on Tuesday, November 19, 2024, at 7:30 AM U.S. Eastern Time (8:30 PM on the same day, Beijing/Hong Kong Time). Please note that all participants will need to pre-register for the conference call, using the link https://register.vevent.com/register/BId8704588e6684a3ca9bc030be815ec01. It will automa
6-K - Futu Holdings Ltd (0001754581) (Filer)
6-K - Futu Holdings Ltd (0001754581) (Filer)
6-K - Futu Holdings Ltd (0001754581) (Filer)
Win Prizes and Potentially Elevate Your Options Trading Expertise with Moomoo's Pro-Level Trading Platform Risk-Free JERSEY CITY, N.J., Jan. 6, 2025 /PRNewswire/ -- Moomoo, the intuitive investment and trading platform that offers $0 commission options trading services [1], will launch an Options Paper Trading Challenge ("the Challenge") in the U.S. This presents an outstanding opportunity for U.S. investors to develop, showcase, and refine their trading strategies within a competitive, risk-free, and simulated market environment. The Challenge will run from January 13, 2025 to February 7, 2025. Participants will compete using moomoo's in-app paper trading feature to try and gain the highes
JERSEY CITY, N.J., Nov. 19, 2024 /PRNewswire/ -- Moomoo's parent company Futu Holdings Ltd. ("Futu" or "the Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, announced its unaudited Q3 2024 earnings with US$442.3 million in revenues, up 29.6% year-over-year ("YoY"), and US$180 million in non-GAAP adjusted net income, a 20.8% YoY increase. The Company maintained robust growth, with its global users reaching over 24.1 million and paying clients approaching 2.2 million by the end of Q3, representing an increase of 14.4% YoY and 33.1% YoY, respectively. Total client assets accelerated significantly compared to Q2, reaching US$89.2 billion with a ris
HONG KONG, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Operational Highlights Total number of paying clients1 increased 33.1% year-over-year to 2,196,647 as of September 30, 2024.Total number of registered clients2 increased 22.8% year-over-year to 4,284,786 as of September 30, 2024.Total number of users3 increased 14.4% year-over-year to 24.1 million as of September 30, 2024.Total client assets increased 48.1% year-over-year to HK$693.4 billion as of S
HONG KONG, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform in China, today announced that Mr. Eric Chi Zhang, a director of the Company, has resigned from the board of directors of the Company due to personal reasons, effective September 14, 2021. Mr. Zhang's resignation did not result from any disagreement with the Company. Mr. Leaf Hua Li, Futu's Chairman and Chief Executive Officer, commented: "On behalf of the board of directors and management team, I would like to thank Mr. Zhang for his valuable services and contributions to the Company and we wish him the best