Futu Holdings Shares Rise Above Analyst Price Target

Futu Holdings sees its shares trading at $118.47, above the average analyst target of $113.91. With mixed analyst targets ranging from $50.61 to $160.00 per share, investors must now assess whether to hold or take profits.

Date: 17-03-2025

AI Rating: 7

Stock Performance Against Analyst Targets
Futu Holdings shares are currently trading at $118.47, surpassing the average analyst target of $113.91. This milestone prompts investor evaluation regarding future price movements and the potential for further growth.

Analyst Sentiment
The report highlights a significant shift in analyst ratings over the past month. The number of strong buy ratings has increased from 5 to 6, while hold ratings have dropped from 3 to 2. The current average rating stands at 1.5, which indicates a strong buy sentiment. This positive outlook suggests increased confidence among analysts regarding Futu's stock performance.

Volatility in Analyst Targets
The range of analyst price targets shows considerable variability, with some analysts predicting as low as $50.61 and others estimating as high as $160.00. The standard deviation of $35.935 signifies the disparities in expectations regarding the stock's future performance.

Overall, the recent increase in strong buy ratings and the current trading price above the average target reflect a favorable sentiment among analysts. Investors should weigh the diverse analyst opinions and the company’s recent performance when making their investment decisions.

Stocks: FUTU