Bank of America has revised its outlook on Futu Holdings (FUTU, Financial), reducing its price target to $123.70 from the previous $143.60, while maintaining a Buy rating on the stock. This adjustment comes after a reassessment of the company's financial future, where the bank lowered its earnings per share estimates for fiscal years 2025 to 2027 by 11% to 14%.
The revision in EPS estimates is primarily influenced by a decline in client assets and trading activity. Despite these challenges, Bank of America suggests that the recent drop in share price, following the "Liberation Day" tariffs, has already factored in many of these issues. Investors are encouraged to consider these dynamics when evaluating the stock.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Futu Holdings Ltd (FUTU, Financial) is $136.83 with a high estimate of $168.05 and a low estimate of $113.04. The average target implies an upside of 70.57% from the current price of $80.22. More detailed estimate data can be found on the Futu Holdings Ltd (FUTU) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Futu Holdings Ltd's (FUTU, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Futu Holdings Ltd (FUTU, Financial) in one year is $108.93, suggesting a upside of 35.79% from the current price of $80.22. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Futu Holdings Ltd (FUTU) Summary page.
