Qfin (NASDAQ:QFIN) Upgraded to Hold at Zacks Research

Qfin (NASDAQ:QFIN) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday, Zacks reports.

A number of other equities research analysts have also recently commented on QFIN. JPMorgan Chase & Co. cut Qfin from a “neutral” rating to an “underweight” rating and decreased their price target for the company from $13.50 to $9.00 in a research note on Wednesday, August 26th. Bank of America restated a “neutral” rating on shares of Qfin in a report on Thursday, September 10th. Morgan Stanley cut shares of Qfin from an “overweight” rating to an “equal weight” rating and set a $13.00 target price for the company. in a research note on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft set a $13.00 target price on shares of Qfin in a research report on Wednesday, August 12th. Finally, Citigroup lowered shares of Qfin from a “buy” rating to a “sell” rating and set a $8.00 price target on the stock. in a research note on Wednesday, August 26th. One analyst has rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $12.29.

Qfin Stock Performance

Shares of QFIN opened at $5.37 on Monday. Qfin has a 12 month low of $5.10 and a 12 month high of $23.79. The stock has a fifty day moving average price of $6.69 and a 200-day moving average price of $12.10. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 0.03. The firm has a market cap of $653.80 million, a PE ratio of 1.29 and a beta of 0.60.

Qfin (NASDAQ:QFIN) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.55 earnings per share for the quarter. Qfin had a return on equity of 15.23% and a net margin of 22.23%. The firm had revenue of $524.96 million during the quarter. Equities research analysts predict that Qfin will post 2.43 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Andrew Yan sold 326,700 shares of the stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $7.36, for a total value of $2,404,512.00. The sale was disclosed in a document filed with the SEC, which is available through this link. In the last quarter, insiders sold 657,550 shares of company stock worth $4,889,121. 17.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Qfin

Institutional investors and hedge funds have recently modified their holdings of the company. FountainVest China Capital Partners GP3 Ltd. purchased a new stake in Qfin in the second quarter valued at approximately $95,483,341. Bank of America Corp DE increased its holdings in Qfin by 48.5% in the 1st quarter. Bank of America Corp DE now owns 1,987,457 shares of the company’s stock worth $25,658,000 after buying an additional 649,492 shares during the period. Wellington Management Group LLP increased its holdings in Qfin by 128.0% in the 2nd quarter. Wellington Management Group LLP now owns 1,034,463 shares of the company’s stock worth $16,355,000 after buying an additional 580,772 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in Qfin during the 1st quarter worth approximately $5,612,000. Finally, Renaissance Technologies LLC purchased a new position in Qfin during the 1st quarter worth approximately $5,032,000. Institutional investors and hedge funds own 74.81% of the company’s stock.

More Qfin News

Here are the key news stories impacting Qfin this week:

• Neutral Sentiment: Law firms are reminding investors who bought QFIN securities from March 18 through August 25, 2026, of lead-plaintiff deadlines on November 27 or November 30. These notices are solicitations for investors to participate in the case and do not represent a court finding. Article: Rosen Law Firm deadline notice
• Negative Sentiment: A securities class action has been filed against Qfin and certain executives. The complaint alleges the company misrepresented how well its business could withstand changes in Chinese (PRC) regulation; law-firm notices connect those alleged disclosures to a prior single-session share-price decline of about 19%. The allegations remain unproven, but the litigation and regulatory concerns may add pressure to the stock. Article: Class action filed against Qfin

About Qfin

Qifu Technology, Inc. (NASDAQ: QFIN), formerly known as 360 DigiTech, operates a digital platform in China that connects consumers seeking credit with financial institutions. The company uses technology and data analysis to support credit assessment and loan matching. Its services include helping partner institutions acquire and assess borrowers, facilitating loan applications and providing support after loans are originated. Qifu also offers technology solutions to financial institutions to assist with their consumer lending operations.