Futu Holdings (FUTU)

• Market cap: $11.9B
• 1 day: -1.00%
• 5 days: 1.21%
• 1 month: 2.83%
• 3 months: 5.72%
• 6 months: 27.52%
• Year to date: 67.28%
• 1 year: 65.99%
• 5 years: 766.50%
• 10 years: 462.21%

About: Futu Holdings Ltd is an online broker providing one-stop online investing services. The company provides its services through its digital platform Futu NiuNiu, which includes market data, trading service, and news feed of Hong Kong, Mainland China, Singapore, and United States equity markets. It generates its revenue in the form of brokerage commission and handling charge services.

Employees: 3,213

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

125% more funds holding in top 10

Funds holding in top 10: 8 [Q2] → 18 (+10) [Q3]

49% more call options, than puts

Call options by funds: $551M | Put options by funds: $370M

37% more capital invested

Capital invested by funds: $2.37B [Q2] → $3.26B (+$888M) [Q3]

25% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 44

4% more funds holding

Funds holding: 246 [Q2] → 257 (+11) [Q3]

6% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 83

0.28% less ownership

Funds ownership: 4.85% [Q2] → 4.57% (-0.28%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $90 4% upside
• Avg. target: $93 7% upside
• High target: $95 10% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Citigroup Judy Zhang 86% 1-year accuracy 6 / 7 met price target	10% upside $95	Neutral Downgraded	19 Nov 2024
B of A Securities Emma Xu 100% 1-year accuracy 3 / 3 met price target	4% upside $90	Buy Maintained	27 Sept 2024