Futu Holdings Ltd has a consensus price target of $60.16 based on the ratings of 13 analysts. The high is $92 issued by JP Morgan on May 28, 2024. The low is $27 issued by CLSA on June 6, 2022. The 3 most-recent analyst ratings were released by B of A Securities, B of A Securities, and JP Morgan on August 21, 2024, May 29, 2024, and May 28, 2024, respectively. With an average price target of $86 between B of A Securities, B of A Securities, and JP Morgan, there's an implied 27.79% upside for Futu Holdings Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Futu Hldgs (NASDAQ:FUTU) was reported by B of A Securities on August 21, 2024. The analyst firm set a price target for $80.20 expecting FUTU to rise to within 12 months (a possible 19.17% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Futu Hldgs (NASDAQ:FUTU) was provided by B of A Securities, and Futu Hldgs maintained their buy rating.
The last upgrade for Futu Holdings Ltd happened on May 28, 2024 when JP Morgan raised their price target to $92. JP Morgan previously had a neutral for Futu Holdings Ltd.
The last downgrade for Futu Holdings Ltd happened on March 15, 2024 when JP Morgan changed their price target from $64 to $62 for Futu Holdings Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Futu Hldgs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Futu Hldgs was filed on August 21, 2024 so you should expect the next rating to be made available sometime around August 21, 2025.
While ratings are subjective and will change, the latest Futu Hldgs (FUTU) rating was a maintained with a price target of $77.60 to $80.20. The current price Futu Hldgs (FUTU) is trading at is $67.30, which is out of the analyst’s predicted range.
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