Futu Holdings Ltd Surges to 245th Most Traded Stock with $414 Million Turnover

On June 11, 2025, Futu Holdings Ltd (FUTU) experienced a significant surge in trading volume, with a total turnover of $414 million, marking a 178.53% increase from the previous day. This substantial rise in trading activity positioned Futu as the 245th most traded stock on the day. The company's stock price also saw a notable increase, rising by 6.61%.

Futu Holdings Ltd's stock price reached an intraday high of $117.40 before closing at $116.04, up from its previous close of $107.57. This places Futu 11.34% below its 52-week high of $130.88 and 124.02% above its 52-week low of $51.80. The trading volume for the day was 2,866,398 shares, which is 105.8% of the average daily volume of 2,708,918 shares.

Analysts have set an average target price of $142.50 for Futu Holdings Ltd, with estimates ranging from $111.09 to $167.96. This target price suggests a potential upside of 22.80% from the current stock price. Additionally, the consensus recommendation from brokerage firms indicates an "Outperform" status for Futu Holdings Ltd, with an average rating of 1.8 on a scale where 1 signifies a Strong Buy and 5 denotes a Sell.

GuruFocus estimates the GF Value for Futu Holdings Ltd to be $117.20 in one year, suggesting a 1% upside from the current price. This estimate is based on historical trading multiples, past business growth, and future performance projections. The GF Value is designed to provide an estimate of the fair value at which the stock should be traded.