TIGR
UP Fintech HoldingTIGR
TIGR
About: UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support.
Employees: 1,109
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
201% more call options, than puts
Call options by funds: $42.7M | Put options by funds: $14.2M
25% more capital invested
Capital invested by funds: $55.7M [Q2] → $69.5M (+$13.8M) [Q3]
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
0% more funds holding
Funds holding: 70 [Q2] → 70 (+0) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
0.01% less ownership
Funds ownership: 0.65% [Q2] → 0.64% (-0.01%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5.50
23%
downside
Avg. target
$6.54
9%
downside
High target
$7.58
6%
upside
2 analyst ratings
1 positive
50%
0 neutral
0%
1 negative
50%
China Renaissance Cindy Wang 100% 1-year accuracy 1 / 1 met price target | 6%upside $7.58 | Buy Upgraded | 24 Oct 2024 |
Citigroup Judy Zhang 86% 1-year accuracy 6 / 7 met price target | 23%downside $5.50 | Sell Downgraded | 22 Oct 2024 |
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
UP Fintech: A Buy On Strong Trading Volume And Newly Funded Account Growth
TIGR's top line rose by +44% YoY in Q3 2024 as its trading volume more than doubled for the recent quarter. UP Fintech's newly funded accounts jumped by +105% YoY for the third quarter of this year, and TIGR has met its 2024 newly funded accounts target of 150,000 by early November. A Buy rating for TIGR is maintained, as the stock is attractively valued based on the comparison of its P/E metric with its expected bottom-line growth rate.
Neutral
Seeking Alpha
1 month ago
UP Fintech Holding Limited (TIGR) Q3 2024 Earnings Call Transcript
UP Fintech Holding Limited (NASDAQ:TIGR ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Aaron Li - Head, Investor Relations Wu Tianhua - Chairman & Chief Executive Officer John Zeng - Chief Financial Officer Conference Call Participants Cindy Wang - China Renaissance Emma Xu - Bank of America Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to the UP Fintech Holding Limited Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Neutral
PRNewsWire
1 month ago
UP Fintech: Revenue Hits Record US$101M; Profit at Three-year Peak; Client Assets Doubled YoY to US$40.8 Billion
NEW YORK , Nov. 12, 2024 /PRNewswire/ -- UP Fintech Holding Limited (NASDAQ: TIGR) ("UP Fintech" or the "Company"), announced its unaudited financial results for the third quarter ended September 30, 2024. UP Fintech reported record revenue of US$101.1 million in the third quarter, representing a 15.6% increase quarter-over-quarter (QoQ) and a 44.1% increase year-over-year (YoY).
Neutral
GlobeNewsWire
1 month ago
UP Fintech Holding Limited Reports Unaudited Third Quarter 2024 Financial Results
SINGAPORE, Nov. 12, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced its unaudited financial results for the third quarter ended September 30, 2024.
Neutral
GlobeNewsWire
1 month ago
UP Fintech Announces Full Exercise of Over-Allotment Option in Follow-on Public Offering of American Depositary Shares
SINGAPORE, Oct. 29, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that the underwriters of the Company's follow-on public offering have fully exercised their option to purchase an aggregate of 2,250,000 additional American Depositary Shares (“ADSs”), each representing 15 Class A ordinary shares of the Company, from the Company at the public offering price of US$6.25 per ADS.
Neutral
GlobeNewsWire
1 month ago
UP Fintech Holding Limited to Report Third Quarter 2024 Financial Results on November 12, 2024
SINGAPORE, Oct. 28, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that it will report its financial results for the third quarter ended September 30, 2024, before the U.S. market opens on November 12, 2024.
Neutral
GlobeNewsWire
1 month ago
UP Fintech Announces Closing of Follow-on Public Offering of American Depositary Shares
SINGAPORE, Oct. 24, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced the closing of its public offering of 15,000,000 American Depositary Shares (“ADSs”), each representing 15 Class A ordinary shares of the Company, at a public offering price of US$6.25 per ADS. The underwriters have an option to purchase up to an aggregate of 2,250,000 additional ADSs from the Company at the public offering price, less underwriting discounts and commissions, exercisable within 20 days from the date of the prospectus supplement.
Neutral
GlobeNewsWire
2 months ago
UP Fintech Announces Pricing of Follow-on Public Offering of American Depositary Shares
SINGAPORE, Oct. 23, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced the pricing of a public offering of 15,000,000 American Depositary Shares (“ADSs”), each representing 15 Class A ordinary shares of the Company, at a public offering price of US$6.25 per ADS. The underwriters will have an option to purchase up to an aggregate of 2,250,000 additional ADSs from the Company at the public offering price, less underwriting discounts and commissions, exercisable within 20 days from the date of the prospectus supplement.
Neutral
GlobeNewsWire
2 months ago
UP Fintech Announces Proposed Follow-on Public Offering of American Depositary Shares
SINGAPORE, Oct. 22, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it intends to offer and sell 15,000,000 American Depositary Shares (“ADSs”), each representing 15 Class A ordinary shares of the Company, subject to market and other conditions, in an underwritten public offering. The underwriters have an option to purchase up to an aggregate of 2,250,000 additional ADSs from the Company at the public offering price, less underwriting discounts and commissions, exercisable within 20 days from the date of the prospectus supplement.
Neutral
PRNewsWire
2 months ago
Tiger Brokers' Yang Xu Shares Insights on Bitcoin ETFs Bridging the Gap Between Traditional Finance and Digital Assets
HONG KONG , Oct. 8, 2024 /PRNewswire/ -- Yang Xu, Global Partner at leading global online brokerage Tiger Brokers, shared insights on how Bitcoin Exchange-Traded Funds (ETFs) are shaping the traditional finance industry while speaking at InnoBlock 2024, one of TOKEN2049's largest side events this year. Xu participated in a panel discussion titled Bitcoin ETFs and Traditional Finance: Bridging the Gap, where he shared that Bitcoin ETFs help to provide safer access to the underlying cryptocurrency while addressing several long-standing issues within the digital asset space, such as master custodian concerns.
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