UP Fintech (NASDAQ:TIGR) Issues Quarterly Earnings Results

UP Fintech (NASDAQ:TIGR) posted its earnings results on Thursday. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08, FiscalAI reports. UP Fintech had a return on equity of 21.09% and a net margin of 27.42%.The company had revenue of $156.54 million for the quarter, compared to analysts’ expectations of $142.01 million.

Here are the key takeaways from UP Fintech’s conference call:

• Full-year results hit all-time highs with $612.1M in revenue (+56% YoY) and record GAAP net income of $170.9M (up ~181% YoY), reflecting materially improved profitability.
• Customer and asset momentum remained strong—161,900 new funded accounts in 2025 (above the 150k target), total funded accounts >1.25M, and net asset inflows >$10B for the year with client assets of $80.8B (+45.7% YoY); Hong Kong and Singapore were standout contributors.
• Product and commercial expansion accelerated: upgraded options combo trading and launched margin accounts in Australia, while To B activity grew (47 US/HK IPOs underwrote in 2025) and ESOP clients rose to 848, broadening fee pools.
• Costs rose meaningfully in Q4—marketing, communication/market-data and R&D/cloud spend and a ~$3M bad-debt provision (IPO receivables) lifted operating costs by ≈$10M QoQ and pushed up average CAC, which management says was driven by intensified local campaigns and higher channel rebates.
• A 2021 private convertible bond of $155M matures in April; two strategic investors rolled ~$50M and the company plans to repay ~$100M, which management says will not meaningfully affect liquidity.

UP Fintech Price Performance

Shares of NASDAQ:TIGR opened at $7.05 on Thursday. UP Fintech has a 1 year low of $6.38 and a 1 year high of $13.55. The stock’s 50-day moving average is $8.27 and its 200 day moving average is $9.39. The company has a market cap of $1.32 billion, a PE ratio of 8.49, a P/E/G ratio of 0.23 and a beta of 0.43.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TIGR. Citigroup upped their target price on UP Fintech to $17.50 and gave the company a “buy” rating in a report on Friday, December 5th. Weiss Ratings reissued a “hold (c)” rating on shares of UP Fintech in a report on Wednesday, January 21st. Finally, The Goldman Sachs Group restated a “sell” rating and issued a $4.73 target price on shares of UP Fintech in a research note on Friday, December 5th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, UP Fintech has a consensus rating of “Hold” and an average target price of $11.83.

Institutional Investors Weigh In On UP Fintech

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TIGR. Raymond James Financial Inc. purchased a new stake in shares of UP Fintech in the 2nd quarter worth approximately $33,000. GeoWealth Management LLC purchased a new stake in shares of UP Fintech during the fourth quarter valued at approximately $35,000. Brooklyn Investment Group purchased a new stake in shares of UP Fintech during the fourth quarter valued at approximately $94,000. Vontobel Holding Ltd. purchased a new position in UP Fintech in the 4th quarter worth approximately $111,000. Finally, Quarry LP bought a new position in UP Fintech in the 3rd quarter valued at approximately $121,000. 9.03% of the stock is owned by hedge funds and other institutional investors.

UP Fintech Company Profile

Up Fintech Holding Ltd, trading on NASDAQ under the ticker TIGR, is a China-based financial technology company that provides online brokerage and wealth management services through its proprietary trading platform. The company’s primary offering, Tiger Brokers, enables retail and institutional clients to access global financial markets, including equities, exchange-traded funds (ETFs), options, and futures across the United States, Hong Kong, China A-shares, Australia, and Singapore.

Founded in 2014 by Zhang Zhen, Up Fintech has focused on developing an intuitive mobile and desktop trading experience, complete with real-time market data, customizable charting tools, and in-app research insights.