Futu (FUTU.US) Latest News & Headlines | Longbridge

Weekly Recap | Futu -7.41%, consensus target more than 40% above spot
Weekly Review·Sep 12 at 08:16 AM
- Futuro Holdings accumulated a 7.41 % decline this week, closing at 112.73 USD with significantly reduced trading volume. - Key events included passing the Hong Kong Stock Exchange listing hearing, enhancing crypto-security account connections, and appointing a new chief market strategist for Moomoo Australia and New Zealand. - Despite the weekly price drop, 18 institutions maintained a consensus strong buy rating with a target price of 160.96 USD, which exceeds the current price by over 40 %.
FUTU+1.52%
Weekly Recap | Futu -2.02%, consensus target above spot
Weekly Review·Sep 5 at 07:07 AM
- Futoo Holdings accumulated a 2.02% decline to close at 121.75 dollars this week, underperforming the S&P 500 index. - Moomoo launched an outdoor advertising campaign in New York and Greenwoods Asset Management increased its ADR position. - Eighteen institutions covered the company with a consensus target price of 161.05 dollars, while upcoming US macroeconomic data may influence future trading activity.
FUTU+1.52%
Weekly Recap | Futu +0.5%, consensus target above spot
Weekly Review·Aug 29 at 05:41 AM
- Futuro Holdings accumulated a weekly increase of 0.5% to close at 124.26 USD, outperforming the S&P 500 by approximately 0.01 percentage points. - Key corporate developments included Moomoo partnering with LPGA to launch the Futuro Women's World Championship in Hong Kong in 2027 and expanding international markets. - Eighteen institutions gave Futuro a consensus rating of strong buy with a target price of 161.05 USD, offering about 29.6% potential upside from the closing price.
FUTU+1.52%
Weekly Recap | Futu +17.5%, earnings beat fuels strong rally
Weekly Review·Aug 22 at 04:59 AM
- Futu Holdings achieved a cumulative weekly increase of 17.5 %, closing at 123.64 USD and significantly outperforming the S & P 500 index. - The surge was primarily driven by the second-quarter financial report, which showed revenue of 918 million USD and a net profit increase of 41.6 %. - Institutional analysts maintained a strong buy consensus with an average target price of 160.40 USD, reflecting positive market sentiment.
FUTU+1.52%