Futu Holdings: Citigroup maintains Neutral, PT raised to $190 from $176.

Futu Holdings: Citigroup maintains Neutral, PT raised to $190 from $176.

Futu Holdings Limited (NASDAQ: FUTU) has seen its stock price gain momentum, with Citigroup recently raising its price target for the company. Citigroup analysts have upgraded their price target for Futu Holdings from $176 to $190, reflecting the company's robust financial performance and strategic initiatives [2].

The upgrade comes on the heels of Futu Holdings' strong Q2 2025 earnings report, which showed a 69.7% increase in revenue to HK$5.3 billion, driven by international expansion, crypto integration, and AI platform upgrades [4]. The company's net income nearly doubled, with global funded accounts now comprising over 50% of its total outside of Hong Kong. Notably, U.S. crypto trading volumes reached HK$2.7 trillion in Q2 2025, accelerating diversification efforts [4].

Futu Holdings' operating margins expanded to 63% in Q2 2025, with significant growth in brokerage commissions (87.4%) and interest income (43.8%). These figures underscore the company's scalable and compounding business model, which has been bolstered by strategic partnerships and technological advancements [4].

The company's strong financial position is further validated by its stable credit rating from S&P Global Ratings, which reaffirmed its 'BBB-' long-term credit rating with a stable outlook. This rating highlights Futu Holdings' effective risk control mechanisms and substantial capital base, providing confidence to investors [2].

Futu Holdings' stock price has been influenced by positive market sentiment and favorable developments in the Asian market sector. The company's strategic partnership with the New York Mets has also contributed to enhanced brand recognition and customer loyalty, reflecting its innovative marketing strategies [2].

Overall, Futu Holdings' strong financial performance, strategic initiatives, and positive market sentiment have positioned the company favorably for future growth. As Citigroup raises its price target, investors are encouraged to monitor the company's continued progress and assess its potential for long-term success.

References:
[1] https://finance.yahoo.com/quote/FUTU/
[2] https://www.timothysykes.com/news/futu-holdings-limited-futu-news-2025_07_09-2/
[3] https://www.quiverquant.com/news/New+Analyst+Forecast%3A+%24FUTU+Given+%24200.0+Price+Target
[4] https://www.ainvest.com/news/futu-holdings-q2-2025-earnings-global-expansion-momentum-strategic-deep-dive-sustained-growth-catalysts-2508/