Futu (NASDAQ:FUTU) Announces Earnings Results, Beats Expectations By $0.01 EPS

Futu (NASDAQ:FUTU) issued its quarterly earnings results on Thursday. The company reported $3.07 EPS for the quarter, topping the consensus estimate of $3.06 by $0.01, FiscalAI reports. The firm had revenue of $827.15 million during the quarter, compared to analyst estimates of $788.73 million. Futu had a net margin of 49.63% and a return on equity of 33.92%.

Here are the key takeaways from Futu’s conference call:

• Futu added ~950,000 net new funded accounts in 2025 (19% above guidance), bringing total funded accounts to ~3.4M (+40% YoY) and guiding for 800,000 net new funded accounts in 2026.
• Strong financial results—Q4 revenue HKD 6.4 billion (+45% YoY), FY revenue HKD 22.8 billion (+68% YoY), Q4 net income HKD 3.4 billion (+80% YoY) and operating margin expanded to 64.4%.
• Record platform trading volume reached HKD 3.98 trillion (+38% YoY) and total client assets were HKD 1.23 trillion (+66% YoY) but Q/Q assets were flat as mark‑to‑market losses offset inflows; margin financing and securities lending rose to HKD 67.7 billion (+7% Q/Q).
• Product and tech expansion—crypto offerings grew (added >10 coins in SG/US; HK VATP license pending) and AI investments produced features like AI Algo Trading, AI summaries and OpenAPI integrations to improve discovery, engagement and operational efficiency.
• Airstar Bank is being integrated (mutual funds, insurance, desktop app, stronger AML/AI fraud controls) with a long‑term mix of fee and balance‑sheet revenue expected, while the up-to-$800M share buyback program remains unused so far and will be deployed based on market conditions.

Futu Stock Performance

Shares of NASDAQ:FUTU traded down $1.87 during midday trading on Friday, hitting $141.14. 1,991,257 shares of the company’s stock traded hands, compared to its average volume of 1,548,209. The firm’s fifty day moving average price is $158.98 and its two-hundred day moving average price is $168.91. Futu has a twelve month low of $70.60 and a twelve month high of $202.53. The company has a market cap of $19.64 billion, a PE ratio of 13.73, a P/E/G ratio of 0.36 and a beta of 0.38.

Key Stories Impacting Futu

Here are the key news stories impacting Futu this week:

• Positive Sentiment: Q4 results beat expectations: EPS rose 79% year‑over‑year and revenue jumped ~45%, driven by higher brokerage commissions, rising interest income and record trading volume — a strong operating print that supports forward profitability. FUTU Q4 Revenues Beat Estimates, Earnings Rise 79% Year Over Year
• Positive Sentiment: Management highlighted record revenue and strategic growth initiatives on the earnings call, emphasizing product and geographic expansion that could sustain client and revenue growth. Futu Holdings Ltd (FUTU) Q4 2025 Earnings Call Highlights: Record Revenue and Strategic Growth …
• Positive Sentiment: Management set an aggressive target to add 800,000 new funded accounts in 2026 and plans to expand AI and crypto capabilities — a clear growth agenda that could drive GAAP and fee-related revenue over time. Futu targets 800,000 new funded accounts in 2026 while expanding AI and crypto capabilities
• Neutral Sentiment: Company filed unaudited Q4 and full‑year 2025 results and released the earnings-call transcript; these provide detail but contained no material downward revision to outlook. Investors can dig into the transcript for margin and segment detail. Futu Announces Fourth Quarter and Full Year 2025 Unaudited Financial Results
• Neutral Sentiment: Analyst/commentary pieces highlight upside potential based on funded-account growth and product differentiation, but they note crypto and R&D investments may cause near-term volatility. Why Futu Has Strong Upside For 2026
• Negative Sentiment: Investor concern: depreciation of Hong Kong stock holdings reduced reported client assets, which can trigger negative headlines and weigh on sentiment even though core revenue beat — this likely contributed to near‑term selling pressure. Futu trades lower as depreciation of Hong Kong stock holdings weighs on client assets

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on FUTU shares. Barclays boosted their price objective on shares of Futu from $232.00 to $236.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. The Goldman Sachs Group upgraded Futu from a “neutral” rating to a “buy” rating and set a $213.39 target price on the stock in a report on Monday, February 2nd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Futu in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $205.06.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. purchased a new stake in shares of Futu in the first quarter worth about $27,000. Parkside Financial Bank & Trust raised its holdings in shares of Futu by 30,000.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 301 shares of the company’s stock valued at $49,000 after buying an additional 300 shares during the period. Quarry LP acquired a new position in Futu during the 3rd quarter worth approximately $51,000. Jones Financial Companies Lllp boosted its holdings in Futu by 442.4% in the 1st quarter. Jones Financial Companies Lllp now owns 640 shares of the company’s stock worth $66,000 after acquiring an additional 522 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Futu by 53.5% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 419 shares of the company’s stock valued at $73,000 after acquiring an additional 146 shares in the last quarter.

About Futu

Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.

The firm’s product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.