Futu (NASDAQ:FUTU) Posts Earnings Results

Futu (NASDAQ:FUTU) announced its earnings results on Thursday. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.89 by ($2.12), FiscalAI reports. Futu had a return on equity of 32.24% and a net margin of 49.63%.The business had revenue of $694.17 million for the quarter, compared to analyst estimates of $761.35 million.

Here are the key takeaways from Futu’s conference call:

• Futu added 225,000 net new funded accounts in Q1, bringing total funded accounts to 3.59 million, up 34% year over year. Management said Hong Kong, Malaysia, and Singapore remained important growth drivers, while overseas Moomoo accounts surpassed 2 million.
• Trading activity hit a record, with total volume reaching HKD 4.15 trillion, up 29% year over year. U.S. volume stayed strong at HKD 3 trillion, while Hong Kong volume rose 22% sequentially as investors bought into volatility.
• Revenue rose 25% year over year to HKD 5.9 billion, but net income fell sharply because the company booked an approximately RMB 1.85 billion administrative penalty reprieve as an adjusted subsequent event. Excluding that item, management said net income would have increased year over year.
• Management highlighted continued expansion into new products and markets, including U.S. prediction markets, where it expects to launch event-contract trading soon, and the PantherTrade crypto exchange in Hong Kong, which has begun full operations after VATP approval.
• Futu said wealth management assets reached HKD 178.4 billion, up 28% year over year, with more client allocation shifting toward equity funds and structured products. It also said it remains confident in long-term growth in mature markets like Hong Kong and Singapore, and reiterated that the recent regulatory update should not materially affect full-year guidance.

Futu Stock Performance

FUTU stock opened at $110.22 on Thursday. The company has a fifty day moving average price of $142.96 and a 200-day moving average price of $156.30. The company has a market capitalization of $15.45 billion, a P/E ratio of 10.72, a PEG ratio of 0.75 and a beta of 0.52. Futu has a 52-week low of $80.50 and a 52-week high of $202.53.

Futu Dividend Announcement

The firm also recently declared a special dividend, which was paid on Wednesday, April 29th. Stockholders of record on Thursday, April 16th were paid a dividend of $2.60 per share. The ex-dividend date of this dividend was Thursday, April 16th. Futu’s dividend payout ratio (DPR) is presently 24.81%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on FUTU. The Goldman Sachs Group lowered shares of Futu from a “buy” rating to a “neutral” rating and set a $102.13 price target on the stock. in a research report on Monday. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $87.00 price target (down from $300.00) on shares of Futu in a research report on Friday, May 22nd. Zacks Research lowered shares of Futu from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 8th. Finally, Barclays reduced their price target on shares of Futu from $236.00 to $200.00 and set an “overweight” rating on the stock in a research report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $161.52.

Futu News Roundup

Here are the key news stories impacting Futu this week:

• Positive Sentiment: Futu reported Q1 2026 revenue growth of 25% year over year to about US$746.9 million, showing continued business expansion at its Moomoo and brokerage platforms. Moomoo’s Parent Company Futu Releases Q1 2026 Results: Revenues up 25% YoY to US$746.9 million
• Positive Sentiment: The company also continued its share repurchase program, announcing cumulative buybacks of roughly US$418 million, which can support the stock by reducing share count. Futu Announces Cumulative Repurchases of Approximately US$418 Million Worth of ADSs Under Share Repurchase Program
• Neutral Sentiment: Analysts had also highlighted strong activity and growth expectations ahead of earnings, and one note said Morgan Stanley had turned constructive on the shares. Futu Holdings (FUTU) Gets a Buy from Morgan Stanley
• Negative Sentiment: Investors are focused on a major China regulatory development: reports said a regulator proposed a RMB 1.85 billion penalty, a headline that helped trigger the recent decline in FUTU shares. Why Futu Holdings (FUTU) Is Down 11.6% After China Regulator Proposes RMB 1.85 Billion Penalty
• Negative Sentiment: Multiple law firms announced securities fraud investigations into Futu, adding legal overhang and uncertainty for shareholders. Securities Fraud Investigation Into Futu Holdings Limited (FUTU) Announced
• Negative Sentiment: The company’s earnings release also showed an EPS miss versus expectations, which may weigh on sentiment despite the revenue growth.

Hedge Funds Weigh In On Futu

Several large investors have recently modified their holdings of FUTU. Virtu Financial LLC bought a new position in Futu during the fourth quarter worth $340,000. Invesco Ltd. raised its stake in Futu by 15.0% during the fourth quarter. Invesco Ltd. now owns 47,019 shares of the company’s stock worth $7,721,000 after buying an additional 6,138 shares during the last quarter. Achmea Investment Management B.V. bought a new position in Futu during the fourth quarter worth $486,000. Vident Advisory LLC raised its stake in Futu by 38.0% during the fourth quarter. Vident Advisory LLC now owns 23,251 shares of the company’s stock worth $3,818,000 after buying an additional 6,407 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in Futu by 118.0% during the fourth quarter. Wellington Management Group LLP now owns 49,024 shares of the company’s stock worth $8,050,000 after buying an additional 26,536 shares during the last quarter.

About Futu

Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.

The firm’s product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.