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On July 18, 2025, Futu's trading volume reached 10.56 billion, marking a significant 124.62% increase from the previous day. This surge placed Futu at the 91st position in the daily stock market rankings. Futu's stock price also rose by 7.00%, marking the second consecutive day of gains, with a total increase of 11.83% over the past two days.
Bank of America recently revised its price target for Futu, increasing it from $123.70 to $143.90 and maintaining a "buy" rating. This adjustment reflects a positive outlook on the company's prospects, potentially influencing investor sentiment and contributing to the recent stock price increase.
Futu's stock performance has been notably influenced by analyst upgrades and positive market sentiment. The company's strong trading volume and recent price movements indicate heightened investor interest and confidence in its future growth potential.
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