Citigroup has upgraded Futu Holdings Ltd (FUTU) to Buy from Neutral as of November 20, 2025. The current share price stands at $171.52.
This upgrade reflects a more optimistic outlook on Futu's prospects, which may be attributed to improved fundamentals or enhanced confidence in the company's strategic direction. Futu Holdings Ltd, based in Hong Kong, operates in the financial services industry, providing digitalized financial services, including online brokerage and margin financing through its platform, Futu NiuNiu.
As of November 20, 2025, Futu has a market capitalization of $23.1 billion and a P/E ratio of 18.30. The company reported an EPS of 8.70. Its upcoming earnings report is scheduled for May 27, 2026, with an estimated EPS of $167.90. Recent earnings performance has shown mixed results, with a significant surprise in Q3 2025 where EPS was $23.42 against expectations of $65.06, reflecting a -64.0% surprise.
Analyst consensus indicates a Buy rating, with 10 Strong Buy, 14 Buy, and 3 Hold ratings among a total of 27 analysts. This update provides insight into the shifting analyst sentiment towards Futu Holdings as it continues to navigate the competitive landscape of financial services.