Qfin (NASDAQ:QFIN) Downgraded to Sell Rating by Citigroup

Qfin (NASDAQ:QFIN) was downgraded by investment analysts at Citigroup from a “buy” rating to a “sell” rating in a note issued to investors on Wednesday. They currently have a $8.00 target price on the stock. Citigroup’s target price suggests a potential downside of 18.79% from the stock’s previous close.

A number of other research analysts have also recently weighed in on QFIN. JPMorgan Chase & Co. cut shares of Qfin from a “neutral” rating to an “underweight” rating and set a $9.00 target price on the stock. in a research note on Wednesday. Bank of America reaffirmed a “neutral” rating and issued a $15.33 price target on shares of Qfin in a report on Wednesday, May 27th. Jefferies Financial Group reiterated a “buy” rating and issued a $15.40 price objective on shares of Qfin in a research note on Wednesday. Weiss Ratings lowered Qfin from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, July 13th. Finally, Zacks Research raised Qfin from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Qfin has a consensus rating of “Reduce” and a consensus target price of $12.15.

Qfin Stock Performance

Shares of NASDAQ QFIN traded down $1.68 during mid-day trading on Wednesday, reaching $9.85. 2,124,821 shares of the company’s stock were exchanged, compared to its average volume of 1,541,994. The firm has a 50-day moving average price of $13.65 and a two-hundred day moving average price of $13.93. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.22 and a quick ratio of 2.22. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 1.83 and a beta of 0.63. Qfin has a 52 week low of $9.70 and a 52 week high of $32.69.

Qfin (NASDAQ:QFIN) last posted its quarterly earnings results on Friday, August 14th. The company reported $0.55 earnings per share for the quarter. Qfin had a net margin of 27.48% and a return on equity of 20.85%. The company had revenue of $524.96 million during the quarter. Analysts predict that Qfin will post 3.74 EPS for the current year.

Insiders Place Their Bets

In other Qfin news, Director Xiaohuan Chen bought 4,000 shares of the stock in a transaction on Tuesday, June 9th. The shares were acquired at an average price of $14.41 per share, with a total value of $57,640.00. Following the acquisition, the director directly owned 19,000 shares of the company’s stock, valued at $273,790. The trade was a 26.67% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 17.10% of the company’s stock.

Hedge Funds Weigh In On Qfin

A number of large investors have recently made changes to their positions in QFIN. Royal Bank of Canada grew its position in shares of Qfin by 51.7% in the first quarter. Royal Bank of Canada now owns 6,508 shares of the company’s stock valued at $293,000 after purchasing an additional 2,219 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Qfin during the 1st quarter valued at $29,000. Goldman Sachs Group Inc. lifted its holdings in Qfin by 32.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,603,830 shares of the company’s stock worth $72,028,000 after purchasing an additional 395,589 shares in the last quarter. California State Teachers Retirement System lifted its holdings in Qfin by 333.8% during the 2nd quarter. California State Teachers Retirement System now owns 34,810 shares of the company’s stock worth $1,509,000 after purchasing an additional 26,786 shares in the last quarter. Finally, Barclays PLC boosted its stake in Qfin by 89.2% in the 3rd quarter. Barclays PLC now owns 466,449 shares of the company’s stock worth $13,424,000 after purchasing an additional 219,929 shares during the period. 74.81% of the stock is owned by institutional investors.

Key Qfin News

Here are the key news stories impacting Qfin this week:

• Positive Sentiment: QFIN declared a semi-annual dividend alongside its second-quarter and first-half 2026 results, providing a potential income-related support for shareholders. Qfin Holdings Announces Second Quarter and Interim 2026 Unaudited Financial Results and Declares Semi-Annual Dividend
• Neutral Sentiment: QFIN shares had recently shown significant volatility, including a prior-session gain, but available short-interest data showed no meaningful short-position signal. An earnings call transcript is available for investors seeking additional management commentary. Qfin Holdings Q2 2026 Earnings Call Transcript
• Negative Sentiment: QFIN reported quarterly EPS of $0.48, missing the $0.96 consensus estimate and falling sharply from $1.78 a year earlier. Revenue of $524.96 million also trailed expectations of $562.45 million, signaling weaker operating performance. Qfin Holdings Misses Q2 Earnings Estimates
• Negative Sentiment: Management commentary following the earnings release indicated that additional softness may continue into the third quarter, increasing concerns about near-term earnings momentum. QFIN Stock Slumps After Q2 Earnings Disappoint
• Negative Sentiment: JPMorgan downgraded QFIN from “neutral” to “underweight” and assigned a $9.00 price target, implying roughly 21.9% downside from the reference price. The downgrade reinforces investor concerns about the company’s outlook after the earnings miss.

About Qfin

360 DigiTech, Inc (NASDAQ: QFIN) is a China‐based fintech company that specializes in providing digital lending solutions to underserved consumer and small business markets. Leveraging proprietary credit assessment technologies and big data analytics, the company connects borrowers with a network of financial institutions and investors through its online platform. Its services encompass unsecured consumer loans, installment credit products, and working capital financing for micro and small enterprises.

The company’s flagship platform offers an end‐to‐end digital lending experience, from application and credit evaluation to disbursement and repayment.