Should I Buy FUTU Stock?

There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among wall street equities research analysts is that investors should “hold” futu stock.

What is the future of FUTU?

The 18 analysts offering 12-month price forecasts for Futu Holdings Ltd have a median target of 55.01, with a high estimate of 70.03 and a low estimate of 27.01 The median estimate represents a +6.94% increase from the last price of 51.44.

Is FUTU a china company?

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.

Will FUTU stock recover?

Based on our forecasts, a long-term increase is expected , the “FUTU” stock price prognosis for 2027-06-16 is 144.414 USD. With a 5-year investment, the revenue is expected to be around +172.79%. Your current $100 investment may be up to $272.79 in 2027. Get It Now!.

Why is FUTU down so much?

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.

What does FUTU holding do?

Futu Holdings Limited operates as a holding company. The Company, through its subsidiaries, offers an online brokerage platform that enables individual investors to trade in listed stocks Futu Holdings serves customers in the United States, China, and Hong Kong.

Will FUTU beat earnings?

Futu has generated $2.40 earnings per share over the last year ($2.40 diluted earnings per share) and currently has a price-to-earnings ratio of 15.4. Earnings for Futu are expected to grow by 34.29% in the coming year, from $1.75 to $2.35 per share.

Is virt a good stock to buy?

The consensus among 2 Wall Street analysts covering (NASDAQ: VIRT) stock is to Strong Buy VIRT stock.

Is TIGR a good investment?

UP Fintech Holding Ltd (NASDAQ:TIGR) The 6 analysts offering 12-month price forecasts for UP Fintech Holding Ltd have a median target of 6.60, with a high estimate of 8.00 and a low estimate of 3.80 The median estimate represents a +60.19% increase from the last price of 4.12.

Is Futu holdings listed in Hong Kong?

The Nasdaq-listed Futu Holdings is mulling a secondary listing in Hong Kong by the end of the year , Sing Tao Daily reported, citing sources.

Is Futu regulated?

Futu’s US subsidiaries, solely or collectively, are regulated by the United States Securities and Exchange Commission (SEC) , and are members of Financial Industry Regulatory Authority, Inc.

Is Futu a Hong Kong company?

Futu Securities International (HONG KONG) Limited operates as an investment company The Company provides online investing services.

How does FUTU holdings make money?

The Company’s primary fee-generating services include trade execution – which allows its clients to trade securities, such as stocks, ETFs, warrants, options and futures across different markets – as well as margin financing and securities lending.

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.

Where is Futu registered?

Registered with the Monetary Authority of Singapore (MAS) , Futu SG is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. Futu SG has also received approvals-in-principle for all SGX memberships.

Is Freshworks stock a good buy?

Freshworks management predicts the company to have sales of up to $101 million in the fourth quarter of 2021 The expected growth coupled with the high contract renewal rates and encouraging metrics implies that the company has a strong year-end coming up.

Is FUTU regulated by MAS?

With these AIPs, Futu Singapore, which is a capital markets services licence holder regulated by the Monetary Authority of Singapore (MAS) , will be admitted as a clearing and trading member of both SGX Securities Trading and SGX Derivatives Trading.

Is FUTU regulated in Singapore?

Futu SG is licensed and regulated by the Monetary Authority of Singapore and holds a Capital Markets Services Licence (Licence No.: CMS101000).

Is TIGR undervalued?

Tiger appears to be undervalued and presents an attractive buying opportunity at current depressed price levels. However, the road ahead is riddled with headwinds and uncertainty. If you’re looking for some exposure to Chinese companies, Tiger might be a potential play with an attractive risk/reward profile.

Is TIGR Stock profitable?

Tiger Brokers has grown at super-charged growth rates since the company’s inception and as of 2021 /2022, the company is also profitable.

Is TIGR a good company?

TIGR has strong re-rating potential due to: strong growth, strong user base, in-house clearing synergies as well as diversification away from low-cost trading commissions to other banking niches.

Sources

https://finance.yahoo.com/quote/FUTU/
https://www.marketwatch.com/investing/stock/futu

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