Futu Holdings (FUTU) Resumen de Acciones
Futu Holdings Limited se dedica a la prestación de servicios digitalizados de corretaje de valores y distribución de productos de gestión de patrimonios en Hong Kong y a escala internacional. Saber más
| Puntuación del snowflake | |
|---|---|
| Valoración | 5/6 |
| Crecimiento futuro | 2/6 |
| Rendimiento pasado | 5/6 |
| Salud financiera | 5/6 |
| Dividendos | 4/6 |
Recompensas
Análisis de riesgos
FUTU Community Fair Values
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Analyst Price Targets
Competidores de Futu Holdings Limited
Historial de precios y rendimiento
| Precios históricos de las acciones | |
|---|---|
| Precio actual de la acción | US$96.64 |
| Máximo en las últimas 52 semanas | US$202.53 |
| Mínimo de 52 semanas | US$80.50 |
| Beta | 0.36 |
| Cambio en 1 mes | -26.62% |
| Variación en 3 meses | -30.71% |
| Cambio de 1 año | -20.89% |
| Variación en 3 años | 142.21% |
| Variación en 5 años | -43.04% |
| Variación desde la OPV | 530.81% |
Noticias y actualizaciones recientes
Artículo de análisis • 21h
Futu Holdings (FUTU) Stock Could Be 58.2% Undervalued After Regulatory Investigation
Pomerantz LLP is investigating Futu Holdings (NasdaqGM:FUTU) after a Reuters report that Chinese regulators may penalize the broker for soliciting clients without an onshore license, bringing regulatory risk into focus. See our latest analysis for Futu Holdings. The investigation comes after a difficult period for Futu Holdings, with the share price down 46.2% year to date and 33.6% over 90 days. However, the three year total shareholder return is 152.7%, suggesting long term holders have...
Actualización de narrativa • Jun 16
FUTU: Mainland Crackdown And Wind Down Will Reset Stock Risk Profile
Futu Holdings' analyst price targets have been reset lower into a tighter range of approximately $100 to $180, as analysts factor in recent regulatory tightening, potential fines and compliance costs, and adjust earnings and P/E assumptions to reflect greater uncertainty around cross-border business and client growth. Analyst Commentary Recent research on Futu Holdings shows a clear step down in analyst conviction, with several firms cutting price targets and, in some cases, downgrading ratings as they reassess regulatory, earnings, and execution risks around the stock.Actualización de narrativa • Jun 02
FUTU: Regulatory Crackdown And Mainland Wind Down Will Reshape Risk Reward Profile
Analysts have trimmed the implied fair value for Futu Holdings from about $193.06 to $111.96 as a series of research updates factor in lower earnings estimates, reduced target P/E multiples and increased regulatory and competitive uncertainty. Analyst Commentary Recent research on Futu Holdings points to a clear reset in expectations as analysts reassess earnings power, regulatory exposure and the appropriate P/E multiple for the stock.Recent updates
Artículo de análisis • 21h
Futu Holdings (FUTU) Stock Could Be 58.2% Undervalued After Regulatory Investigation
Pomerantz LLP is investigating Futu Holdings (NasdaqGM:FUTU) after a Reuters report that Chinese regulators may penalize the broker for soliciting clients without an onshore license, bringing regulatory risk into focus. See our latest analysis for Futu Holdings. The investigation comes after a difficult period for Futu Holdings, with the share price down 46.2% year to date and 33.6% over 90 days. However, the three year total shareholder return is 152.7%, suggesting long term holders have...Actualización de narrativa • Jun 16
FUTU: Mainland Crackdown And Wind Down Will Reset Stock Risk Profile
Futu Holdings' analyst price targets have been reset lower into a tighter range of approximately $100 to $180, as analysts factor in recent regulatory tightening, potential fines and compliance costs, and adjust earnings and P/E assumptions to reflect greater uncertainty around cross-border business and client growth. Analyst Commentary Recent research on Futu Holdings shows a clear step down in analyst conviction, with several firms cutting price targets and, in some cases, downgrading ratings as they reassess regulatory, earnings, and execution risks around the stock.Actualización de narrativa • Jun 02
FUTU: Regulatory Crackdown And Mainland Wind Down Will Reshape Risk Reward Profile
Analysts have trimmed the implied fair value for Futu Holdings from about $193.06 to $111.96 as a series of research updates factor in lower earnings estimates, reduced target P/E multiples and increased regulatory and competitive uncertainty. Analyst Commentary Recent research on Futu Holdings points to a clear reset in expectations as analysts reassess earnings power, regulatory exposure and the appropriate P/E multiple for the stock.Seeking Alpha • May 26
Why Futu Holdings Collapsed Nearly 30% And Why The Selling Pressure May Continue
Summary Futu Holdings and Tiger Brokers plunged over 20% after Chinese regulators imposed major fines and a crackdown on cross-border brokerage activity. Regulators fined FUTU RMB 1.85B and TIGR RMB 411M, mandating a two-year wind-down for mainland Chinese users, who can only sell and withdraw funds. FUTU's narrative is fundamentally challenged as China formally enforces restrictions, but only 13% of its funded accounts are from mainland China, limiting direct revenue impact. The core debate shifts to the viability of cross-border brokerage models amid tightening global regulatory scrutiny and financial system fragmentation. Read the full article on Seeking AlphaActualización de narrativa • May 16
FUTU: Conviction List Inclusion And P E Reset Will Drive Upside
Analysts have adjusted their price target on Futu Holdings to $193.06 from $193.04, citing updated assumptions for revenue growth, profit margins and future P/E, as well as recent research that includes both target cuts from Morgan Stanley and Barclays and an addition to Goldman Sachs' APAC Conviction List. Analyst Commentary Street research on Futu Holdings has been mixed, with one major firm adding the stock to a conviction list while others have trimmed their price targets.
Actualización de narrativa • Apr 28
FUTU: Future Paying Client Additions And Upgrade Support Further Upside Potential
Narrative Update on Futu Holdings The updated analyst price target for Futu Holdings has been trimmed by about $1 to $281, as analysts factor in slightly higher discount rates alongside broadly steady long term growth, margin and P/E assumptions following recent target resets and an upgrade in Street research. Analyst Commentary Recent Street research on Futu Holdings combines target cuts with a more constructive tone on execution and user growth, which helps explain why the consolidated price target has only been modestly trimmed.
Actualización de narrativa • Apr 14
FUTU: Rising Paying Clients And Stronger Margins Will Support Future Earnings
Analysts have trimmed their average price target on Futu Holdings by $21 to reflect slightly softer revenue growth assumptions, offset by stronger expected profit margins and a lower projected future P/E, as highlighted in recent updates from major research firms. Analyst Commentary Recent research updates on Futu Holdings have focused on how the latest client growth trends and margin expectations line up with current valuation multiples and revised price targets.Actualización de narrativa • Mar 30
FUTU: Future Client Additions And P E Reset Will Drive Upside
Narrative Update The analyst price target for Futu Holdings has been reduced by $21, as analysts adjust their fair value estimate slightly lower while updating assumptions around client growth, profitability, and future P/E multiples following recent research from major banks. Analyst Commentary Recent Street research shows a more cautious stance around Futu Holdings, with several bearish analysts cutting price targets and reassessing key assumptions around client growth, profitability, and the appropriate P/E multiple for the stock.Actualización de narrativa • Mar 16
FUTU: Future Paying Client Expansion Will Support Further Upside Potential
Analysts modestly reduced their price target on Futu Holdings to $200. The updated assumptions reflect slightly lower revenue growth expectations, stronger profit margins, and a lower future P/E multiple supported by recent client growth trends and forward guidance.Actualización de narrativa • Mar 02
FUTU: Recent Upgrade And Execution Will Support Further Upside Potential
Analysts have trimmed their 12 month price target on Futu Holdings to about $279 from roughly $285, citing refreshed assumptions around discount rates, revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent Street research on Futu Holdings has leaned positive, with some high profile upgrades contributing to the refreshed 12 month price targets you see today.Actualización de narrativa • Feb 16
FUTU: Asset Inflows And Trading Activity Will Drive Future Upside Potential
Narrative Update: Futu Holdings Analyst Target Revision The updated analyst price target for Futu Holdings has moved from about $142 to about $195, with analysts pointing to expectations for stronger revenue growth, higher profit margins, and a lower assumed future P/E multiple. This view is supported by recent research that highlights ongoing asset inflows, trading volumes, and what analysts view as an attractive valuation after the recent share selloff.Actualización de narrativa • Feb 02
FUTU: Asset Inflows And Trading Volumes Will Support Future Earnings Power
Analysts have inched their fair value estimate for Futu Holdings higher to about $229.49 from $227.83, pointing to slightly stronger assumptions around revenue growth, profit margins and a marginally lower discount rate that align with recent positive research updates from firms highlighting solid asset inflows, trading volumes and valuation after the recent selloff. Analyst Commentary Bullish Takeaways Bullish analysts point to the recent share selloff as creating what they view as an attractive entry valuation relative to the company’s fundamentals.Actualización de narrativa • Jan 19
FUTU: Asset Inflows And Trading Volumes Will Support Post Selloff Upside
Narrative Update Analysts have nudged their fair value estimate for Futu Holdings slightly higher to about US$227.83 from roughly US$227.56. They cite steady assumptions around revenue growth, margins, and future P/E, along with recent research that highlights strong Q3 results, resilient asset inflows, trading volumes, and what they view as an attractive valuation after the recent share selloff.Actualización de narrativa • Jan 05
FUTU: Asset Inflows And Trading Activity Will Support Post Selloff Upside
Narrative Update Analysts have lifted their fair value estimate for Futu Holdings by about US$2 to roughly US$228, citing expectations for slightly higher revenue growth, a modestly lower discount rate, and a small adjustment to future P/E and profit margin assumptions following recent research updates. Analyst Commentary Recent research commentary around Futu Holdings has centered on the recent share price selloff, current valuation, and the support that asset inflows and trading activity may provide to core brokerage and interest income.Actualización de narrativa • Dec 13
FUTU Strong Asset Inflows And Trading Volumes Will Support Bullish Upside
Analysts have modestly raised their price target on Futu Holdings, reflecting a higher fair value estimate of approximately $285 from about $267. They are factoring in continued asset inflows, resilient trading volumes, and an attractive post selloff valuation, despite slightly lower margin and growth assumptions.Actualización de narrativa • Nov 29
FUTU: Recent Selloff And Strong Q3 Results Will Drive Renewed Upside
Analysts have raised their price target for Futu Holdings from $211 to $226, citing robust third-quarter results and a more attractive valuation after the recent share selloff. Analyst Commentary Following Futu Holdings' recent share price movements and its strong quarterly performance, analysts have provided updated insights into the company’s outlook and valuation.Actualización de narrativa • Nov 15
FUTU: Easing Regulatory Risks Will Drive Further Share Gains Ahead
Futu Holdings’ analyst price targets have risen sharply in recent days, climbing from previous levels by as much as $70. Analysts cite robust quarterly growth in client activity, revenue, and profits, along with expectations for a reduced valuation discount as regulatory sentiment improves.Actualización de narrativa • Nov 01
FUTU: Easing Regulatory Headwinds And Digital Finance Will Guide Next Phase
Futu Holdings' analyst price target increased by approximately $4, with the new consensus reflecting continued strong performance in revenue and profitability. Analysts cite robust operating trends and narrowing valuation discounts as contributing factors.Actualización de narrativa • Oct 18
Global Expansion And Digital Finance Will Shape Future Trends
The analyst price target for Futu Holdings has increased from $204.77 to $207.27. This reflects analysts' expectation of continued robust revenue growth and profit margins following the company's stronger-than-anticipated quarterly performance.Actualización de narrativa • Aug 22
Global Expansion And Digital Finance Will Shape Future Trends
Driven by significantly better-than-expected Q2 results, strong customer and asset growth, and favorable regulatory developments in Hong Kong and China, analysts have raised Futu Holdings’ consensus price target from $162.88 to $182.62. Analyst Commentary Strong Q2 performance, with results well ahead of expectations, driven by robust growth in new customer acquisitions and assets under management.Artículo de análisis • Jul 10
Futu Holdings Limited's (NASDAQ:FUTU) P/E Is Still On The Mark Following 31% Share Price Bounce
Despite an already strong run, Futu Holdings Limited ( NASDAQ:FUTU ) shares have been powering on, with a gain of 31...Seeking Alpha • Mar 17
What To Do After Futu Holdings Stock Rallied
Summary Futu Holdings Limited posted strong Q4 2024 results, with revenue up 87.8% over the year, driving a $10 stock price gain. Despite a downgrade from Seeking Alpha’s Quant rating, Futu's momentum in client acquisition and market expansion, especially in Hong Kong and Singapore, remains strong. Futu's strategic use of AI and diversified product offerings, including cryptocurrency and wealth management, aim to meet varied client demands and enhance satisfaction. Risks include potential volatility in U.S. stocks and increased competition in AI, which could impact trading volumes and profitability. Read the full article on Seeking AlphaSeeking Alpha • Feb 27
Futu: Still Positive Considering Fourth Quarter Expectations And Competitor Entry
Summary I maintain a Buy rating for Futu Holdings, as there are visible catalysts to drive an expansion of its P/E multiple. Strong trading volume in the Hong Kong market and the addition of new clients in Japan and Malaysia make a 4Q earnings beat for FUTU highly probable. Robinhood's entry into Asia is seen as a positive catalyst, highlighting Futu's valuation discount vis-à-vis the US broker. Read the full article on Seeking AlphaSeeking Alpha • Dec 12
Futu Is A Buy As Dust Has Settled
Summary Futu Holdings is a strong buy due to impressive revenue and net income growth, despite regulatory challenges in mainland China. The company’s international expansion under the Moomoo brand has diversified its revenue streams and reduced its dependence on the Chinese market. Futu's operating leverage and solid balance sheet, combined with a low forward PE ratio, present a compelling investment opportunity. While geopolitical risks remain, Futu's high margins, robust growth, and strategic execution make it a valuable addition to a diversified portfolio. Read the full article on Seeking Alpha
Nueva narrativa • Nov 24
Dynamic Expansion In Asia And Crypto Drives Future Growth Amid Market Challenges
Strong client acquisition in Asia boosts future revenue growth through increased trading activities and brokerage fees.Seeking Alpha • Aug 20
Futu Holdings: Buying Its Client Base, Margin Compression
Summary Futu Holdings Limited stock was recommended for buying in the 50s and selling in the high 60s or 70s, with a long-term wealth building strategy. Q2 2024 key performance metrics showed strong growth in registered and paying clients, client assets, and total revenues for Futu Holdings. Despite impressive revenue and client growth, margin compression, high operating expenses, and minimal earnings growth keep the stock pinned. Read the full article on Seeking AlphaSeeking Alpha • May 28
Futu Holdings Continues To Grow, But Lock In Some Profit
Summary Futu Holdings Limited is an online brokerage firm based in Hong Kong with millions of customers and a range of services. The company has reported growth in registered and paying clients, as well as an increase in client assets. Despite this growth, total revenues only increased by 3.7% and there was a decline in net income, raising concerns about margins and profitability. Take some profit on this trade, and consider a house position, but watch those margins. Read the full article on Seeking AlphaSeeking Alpha • Feb 22
Futu Holdings: Slower Growth Ahead
Summary FUTU will likely report a more moderate pace of growth for Q4 2023, taking into account the high base in Q4 2022 and elevated costs relating to overseas market expansion. The company's 2024 results might be negatively impacted by rate cuts as a result of lower interest income. A Hold rating for FUTU is maintained considering the slower growth outlook. Read the full article on Seeking AlphaSeeking Alpha • Oct 17
Futu Stock: More Time Needed For Meaningful Diversification
Summary FUTU is trying its best to mitigate regulatory risks with geographic expansion; non-Mainland China markets contribute the vast majority of FUTU's new client additions in the most recent quarter. FUTU has made decent headway in growing the company's non-brokerage businesses, such as ESOP solutions and wealth management. But a substantial proportion of FUTU's existing customers are Mainland Chinese while brokerage and interest income still account for the bulk of the company's topline. Futu Holdings' shares don't warrant a Buy rating yet; the company needs to deliver a meaningful change in its revenue and client mix with its business and geographical diversification efforts before investors will turn bullish on the stock. Elevator Pitch My rating for Futu Holdings Limited's (FUTU) shares is a Hold. I previously reviewed FUTU's financial results for the fourth quarter of 2021 in an article published on March 15, 2022. I share my latest thoughts on Futu Holdings in this article. Futu Holdings has been working hard to diversify the company's operations in terms of geography and business. But FUTU's post-Q2 2022 results share price performance indicates that the changes to the company's revenue and client mix aren't perceived to be sufficiently significant at this point in time. As such, I maintain my Neutral view and Hold rating for FUTU. Geographical Diversification In my earlier mid-March 2022 update for Futu Holdings, I highlighted that FUTU faces regulatory risks relating to "its ability to provide offshore trading services to Mainland Chinese clients." Recent metrics suggest that the company has done a decent job in trying to diversify its client mix. According to the company's Q2 2022 earnings press release, only a mere 10% of Futu Holdings' new (paying) customer additions came from Mainland China. This represented an improvement from Q1 2022 which saw the Mainland Chinese market accounting for about a fifth of its new clients. In other words, FUTU's efforts to reach out to investors in markets outside Mainland China, such as Hong Kong, Singapore, the US, and Australia appear to be paying off. Specifically, FUTU has performed reasonably well in its efforts to expand its client base in the Hong Kong market, and there is potential for further growth. Futu Holdings revealed in its second-quarter media release that over "40% of Hong Kong's adult population" are the company's registered users (including both paying clients and non-paying users). Looking forward, FUTU noted at the company's Q2 2022 investor briefing that its focus is on targeting "clients over 30 years old" in the Hong Kong market. In a nutshell, there is an opportunity for Futu Holdings to convert more of its non-paying users in Hong Kong into paying clients. In summary, Futu Holdings has mitigated regulatory risks to a certain extent with the company's ongoing geographical diversification efforts. Volatility Isn't Necessarily A Bad Thing Previously, there were concerns that FUTU's brokerage business will be negatively affected by a downturn in equity markets, but this hasn't exactly been the case in reality. In the second quarter of 2022, Futu Holdings saw its brokerage income increase by a very strong +30% YoY to HK$1,033.8 million. This was driven by both an increase in commission rate and US trading volume growth. At its Q2 2022 earnings briefing, FUTU explained that growing "contributions from the derivatives trading" (vis-a-vis equity trading) helped to increase overall commission rates for the company, while "leveraged and inverse ETFs" were responsible for the higher trading volume for the US market. This implies that market volatility has been a tailwind for FUTU to some degree, as this encourages the use of derivatives and ETFs among investors. Moving ahead, future declines in equity trading volume due to weak investor sentiment might be partially offset by the increase in trading of non-equity financial instruments like ETFs or derivatives. As such, FUTU's actual financial performance, especially relating to its core brokerage business, might be better than what investors expect. Non-Brokerage Businesses The growth in Futu Holdings' non-brokerage businesses suggests that the company's financial performance in the long run should be less reliant on the results of its core brokerage business as it was in the past. A number of key operating metrics revealed in its most recent quarterly results press release offers an indication of FUTU's progress in expanding the company's non-brokerage businesses. The Assets Under Management or AUM for Futu Holdings' wealth management business grew by +59% YoY to HK$21.9 billion as of June 30, 2022. Cross-selling has been effective, with FUTU disclosing at its second-quarter earnings call that about 15% of the company's paying clients for its brokerage business also purchased its wealth management products. Separately, FUTU's employee stock options or ESOP solutions business also witnessed a +97% YoY jump in its number of customers to 519 as of end-1H 2022. The excellent operating performance of Futu Holdings' ESOP solutions and wealth management businesses is encouraging. But this might not be sufficient to support FUTU's share price, as discussed in the next section. Futu's Post-Earnings Stock Price Performance FUTU's stock price dropped by -22.7% since the company reported its second-quarter financial results at the end of August. The company's shares have also done poorly on a relative basis, as the broader market as represented by the S&P 500 declined by just -7.9% in the same period.Seeking Alpha • Aug 29
Futu Holdings Q2 2022 Earnings Preview
Futu Holdings (NASDAQ:FUTU) is scheduled to announce Q2 earnings results on Tuesday, August 30th, before market open. The consensus EPS Estimate is $0.56 (+24.4% Y/Y) and the consensus Revenue Estimate is $202.69M (-0.2% Y/Y). Over the last 3 months, EPS estimates have seen 4 upward revisions and 2 downward. Revenue estimates have seen 6 upward revisions and 6 downward.Seeking Alpha • Aug 02
Futu Holdings: Facing Strong Headwinds
Futu Holdings is now down almost 80% from its all-time high last year. The brokerage company is facing strong regulatory risks from the Chinese government and the SEC. The recent volatility in the financial market is significantly impacting the company's financials, with the latest quarterly report being very weak. Its internal expansion has been tough so far as it is facing strong competition in an increasingly saturated market. I rate the company as a sell. Investment Thesis Futu Holdings (FUTU) is a digital brokerage and wealth management platform based in Hong Kong and China. Futu and its subsidiaries provide investment services to individual investors through its one-stop digital platform. Its platform is known for its social features, which offer users a network that connects them with users, investors, companies, analysts, media, and key opinion leaders. Its primary fee-generating services include trade execution for stocks, ETFs, warrants, options, and futures, as well as margin financing and securities lending. The company has been performing poorly since early 2021. It is currently down almost 80% from its all-time high, trading at $41.6 per share. The massive drop in share price is due to the broad decline of growth stocks, worry of the SEC delisting Chinese companies, and the Chinese government possibly imposing stricter rules on financial companies. Despite being down a ton, I believe Futu is still not investable. Besides political concerns, the current volatility in the market is posting strong headwinds on the company, and it is facing intense competition while the industry is getting increasingly saturated. Recent financial results are also very disappointing with revenue decreasing. Therefore I believe Futu is a sell at the current price. FUTU data by YCharts Political Risks Regulatory risks are always a big concern when investing in Chinese companies. Last November, the Chinese government imposed a new personal data privacy law, aiming to regulate the export of personal data and safeguard its national security. The new law is likely to impact Chinese online brokerages like Futu and Up Fintech, as they help locals invest in overseas stock markets such as the US, which could violate the law. Futu is also facing de-listing risks from the SEC. In April, Futu was one of the latest five stocks that were added to the list of companies that may get kicked out of the US stock exchange. In late May, Chinese mobility company DiDi notified the NYSE that they are delisting from the US, and are planning to list elsewhere instead. The ongoing political issues are likely to keep posting unprecedented risks to the company, which creates huge uncertainty in the near term. Dire Financial Market The turbulence in the financial market over the last few months is significantly impacting Futu. The company heavily relies on trading volume, margin financing, and securities landing to make money, yet the recent volatility vastly reduced investors' appetite for trading and investing. The massive sell-off in growth stocks, crypto, SPACs, and meme stocks also wiped out a lot of young investors, which is Futu's core demographic. The overall market sentiment is very negative as we entered the bear market. A lot of investors are now inclined to stay on the sideline and wait till the dust settles before investing again. Leaf Li, CEO, on the market's impact "Total client assets declined 16.5% year-over-year and 5.3% quarter-over-quarter to HK$386.0 billion due to sharp mark-to-market losses of our clients' holdings. Meanwhile, market correction weighed on margin financing balance, though partially offset by increased securities lending activities." The gloomy sentiment is shown in the IPO market, which has been extremely quiet. According to FactSet data, 1,073 companies IPO'd in 2021, raising $317 billion, while in the first half of 2022, the total was 92 companies, raising just under $9 billion. This is the lowest since 2009, as shown in the chart below. The same thing is happening to SPACs. Total SPACs that went public in Q1 were down 57% year over year, the lowest in the last eight quarters. I believe the volatility is going to last for a while as inflation continues to persist at high levels while the economy weakens. This will continue to post headwinds on Futu as trading volume is likely to remain suppressed in the near term. FactSet Strong Competition As Futu shifts its focus away from China due to regulatory concerns, I believe the total addressable market for the company going forward is minimal. Its strong client number growth in Hong Kong (its primary market) is likely unsustainable as the country only has a population of 7 million people, which kneecapped its growth. It is worth noting that the increasing client number is likely just smoke and mirrors. A lot of the new users probably aren't actually interested in investing and aren't likely to contribute any revenue to the company. Most of these users are likely acquired through promotions and are only on the platform because the company is giving away free stocks. Therefore, in the latest earnings, we saw the number of new clients go up while quarterly revenue went down. The company is trying to expand into countries like Australia and Singapore in order to expand its user base and revenue stream. However, the investment brokerage market in these countries is already very saturated with tons of competitors in the space. For example in Australia, it is facing competition from traditional banks like Commonwealth Bank, neobanks like Revolut, and brokers like CMC Market and Interactive Brokers (IBKR). In Singapore, it is facing competition from Tiger Brokers (TIGR), DBS (DBSDF), TD Ameritrade (SCHW), etc. I also believe Futu has no competitive advantage in this market. The company takes pride in its UI and UX but other companies are catching up quickly, now offering the same, if not better experiences for users. Traditional banks and neobanks also have a slight edge as it allows users to manage all their finances easily in one place, and transfers can be instantly done. Weak Financials Futu Holdings reported its Q1 financial earnings in June and the results are very underwhelming. The total number of paying clients was 1.3 million, up 67.9% YoY (year over year), total registered users were 2.9 million, up 48.7%, while total users were 18.1 million, up 27.1%. It is worth noting that the company's definition of paying clients refers to users with assets in their trading account, rather than users that transact. As mentioned above, the growth in client base is likely due to promotional efforts, which include cash coupons or free stocks for newly deposited accounts. Therefore despite the jump in clients, trading volume and revenue were still down.Rentabilidad de los accionistas
| FUTU | US Capital Markets | Mercado US | |
|---|---|---|---|
| 7D | 4.0% | 4.8% | 2.0% |
| 1Y | -20.9% | 11.8% | 23.3% |
Rentabilidad vs. Industria: Los resultados de FUTU fueron inferiores a los de la industria US Capital Markets, que obtuvo un rendimiento del 11.8% el año pasado.
Rentabilidad vs. Mercado: FUTU obtuvo unos resultados inferiores a los del mercado US, que fueron del 23.3% el año pasado.
Volatilidad de los precios
| FUTU volatility | |
|---|---|
| FUTU Average Weekly Movement | 12.2% |
| Capital Markets Industry Average Movement | 3.5% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Precio estable de las acciones: El precio de las acciones de FUTU ha sido volátil durante los últimos 3 meses en comparación con el mercado US.
Volatilidad a lo largo del tiempo: La volatilidad semanal de FUTU(12%) se ha mantenido estable durante el último año, pero sigue siendo superior al 75% de las acciones de US.
Acerca de la empresa
| Fundada | Empleados | CEO | Página web |
|---|---|---|---|
| 2007 | 3,540 | Leaf Li | www.futuholdings.com |
Futu Holdings Limited se dedica a la prestación de servicios digitalizados de corretaje de valores y distribución de productos de gestión de patrimonios en Hong Kong y a escala internacional. Ofrece servicios financieros en línea, incluidos corretaje de valores y operaciones con derivados, financiación de márgenes y servicios de distribución de fondos a través de sus plataformas digitales Futubull y Moomoo. La empresa también presta servicios de información financiera y comunidad en línea; servicios de gestión de patrimonio en línea bajo la marca Money Plus a través de sus plataformas Futubull y moomoo, que proporcionan a sus clientes acceso a fondos de inversión, fondos privados, bonos, productos estructurados y otros productos de gestión de patrimonio; servicios de datos e información de mercado; y NiuNiu Community, un foro abierto para que usuarios y clientes compartan opiniones, formulen preguntas e intercambien ideas.
Resumen de fundamentos de Futu Holdings Limited
| Estadísticas fundamentales de FUTU | |
|---|---|
| Capitalización bursátil | US$13.46b |
| Beneficios(TTM) | US$1.28b |
| Ingresos (TTM) | US$2.85b |
10.6x
Ratio precio-beneficio (PE)4.8x
Ratio precio-ventas (PS)¿Está FUTU sobrevalorada?
Ver valor justo y análisis de valoraciónBeneficios e Ingresos
| Cuenta de resultados (TTM) de FUTU | |
|---|---|
| Ingresos | HK$22.31b |
| Coste de los ingresos | HK$1.24b |
| Beneficio bruto | HK$21.07b |
| Otros gastos | HK$11.02b |
| Beneficios | HK$10.04b |
Últimos beneficios comunicados
Mar 31, 2026
Próxima fecha de beneficios
n/a
| Beneficios por acción (BPA) | 71.64 |
| Margen bruto | 94.44% |
| Margen de beneficio neto | 45.03% |
| Ratio deuda/patrimonio | 52.8% |
¿Cómo se ha desempeñado FUTU a largo plazo?
Ver rendimiento histórico y comparativaDividendos
5.4%
Rentabilidad actual por dividendo25%
Ratio de pagosAnálisis de la empresa y estado de los datos financieros
| Datos | Última actualización (huso horario UTC) |
|---|---|
| Análisis de la empresa | 2026/06/17 19:39 |
| Precio de las acciones al final del día | 2026/06/17 00:00 |
| Beneficios | 2026/03/31 |
| Ingresos anuales | 2025/12/31 |
Fuentes de datos
Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.
| Paquete | Datos | Marco temporal | Ejemplo Fuente EE.UU. * |
|---|---|---|---|
| Finanzas de la empresa | 10 años |
| |
| Estimaciones del consenso de analistas | +3 años |
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| Precios de mercado | 30 años |
| |
| Propiedad | 10 años |
| |
| Gestión | 10 años |
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| Principales avances | 10 años |
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* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.
A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.
Modelo de análisis y copo de nieve
Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.
Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.
Métricas industriales y sectoriales
Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.
Fuentes analistas
Futu Holdings Limited está cubierta por 30 analistas. 14 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.
| Analista | Institución |
|---|---|
| Jiong Shao | Barclays |
| Emma Xu | BofA Global Research |
| Yung Chen | CCB International Securities Limited |