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Futu Holdings (FUTU) stock forecast for 2024
Updated: April 17, 2024 (15:12)
Sector: FinancialThe share price of Futu Holdings Lim. (FUTU) now
50/200 Day Moving Average: $54.38 / $54.04
This figure corresponds to the Average Price over the previous 50/200 days. For Futu Holdings stocks, the 50-day moving average is the resistance level today.
For Futu Holdings stocks, the 200-day moving average is the resistance level today.
Are you interested in Futu Holdings Lim. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Futu Holdings stock price in 2024. How much will one Futu Holdings share be worth in 2024? Is it worth taking profit / loss on FUTU stock now or waiting? What are analysts' forecasts for Futu Holdings stock?
We forecast Futu Holdings stock performance using neural networks based on historical data on FUTU stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.
Futu Holdings Lim. stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Futu Holdings analysts is $68.88. Today 200 Day Moving Average is the support level (54.04 $). 50 Day Moving Average is the support level (54.38 $).
Historical and forecast chart of Futu Holdings Lim. stock
The chart below shows the historical price of Futu Holdings stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the FUTU stock price can be found in the table below.
Futu Holdings Limited operates a digitalized brokerage and wealth management platform in Hong Kong, China, the United States and internationally. The company’s platform offers investment services, including trade execution and margin financing, which allows you to trade securities such as stocks, warrants, options and exchange-traded funds in a variety of markets; and wealth management services, which offer a variety of leading fund products, including money market products, fixed income funds, and equity funds.
Futu Holdings (FUTU) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| May | 60.01 | 53.31 | 64.76 | 17.68 % |
| Jun | 66.49 | 58.35 | 75.46 | 22.68 % |
| Jul | 65.65 | 60.80 | 70.38 | 13.60 % |
| Aug | 58.09 | 55.26 | 64.25 | 13.99 % |
| Sep | 62.16 | 57.91 | 65.41 | 11.46 % |
| Oct | 70.89 | 63.36 | 73.57 | 13.88 % |
| Nov | 83.52 | 78.56 | 95.55 | 17.78 % |
| Dec | 80.67 | 73.70 | 85.17 | 13.47 % |
Futu Holdings information and performance
9F UNIT 3 BUILDING C KEXING SCIENCE PARK, 15 KEYUAN ROAD, TECHNOLOGY PARK, NANSHAN DISTRICT, SHENZHEN, CHINA
Market capitalization of the Futu Holdings Lim. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of FUTU shares in the company outstanding by the market price of one share.
EBITDA of Futu Holdings is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Futu Holdings price target for 2024 by month
Target values for the price of one Futu Holdings share for May 2024.
In May, the Positive dynamics for Futu Holdings Lim. shares will prevail with possible monthly volatility of 17.680% volatility is expected.
Pessimistic target level: 53.31
Optimistic target level: 64.76
Target values for the price of one Futu Holdings share for Jun 2024.
In Jun, the Positive dynamics for Futu Holdings Lim. shares will prevail with possible monthly volatility of 22.678% volatility is expected.
Pessimistic target level: 58.35
Optimistic target level: 75.46
Target values for the price of one Futu Holdings share for Jul 2024.
In Jul, the Negative dynamics for Futu Holdings Lim. shares will prevail with possible monthly volatility of 13.601% volatility is expected.
Pessimistic target level: 60.80
Optimistic target level: 70.38
Target values for the price of one Futu Holdings share for Aug 2024.
In Aug, the Negative dynamics for Futu Holdings Lim. shares will prevail with possible monthly volatility of 13.994% volatility is expected.
Pessimistic target level: 55.26
Optimistic target level: 64.25
Target values for the price of one Futu Holdings share for Sep 2024.
In Sep, the Positive dynamics for Futu Holdings Lim. shares will prevail with possible monthly volatility of 11.462% volatility is expected.
Pessimistic target level: 57.91
Optimistic target level: 65.41
Target values for the price of one Futu Holdings share for Oct 2024.
In Oct, the Positive dynamics for Futu Holdings Lim. shares will prevail with possible monthly volatility of 13.876% volatility is expected.
Pessimistic target level: 63.36
Optimistic target level: 73.57
Target values for the price of one Futu Holdings share for Nov 2024.
In Nov, the Positive dynamics for Futu Holdings Lim. shares will prevail with possible monthly volatility of 17.780% volatility is expected.
Pessimistic target level: 78.56
Optimistic target level: 95.55
Target values for the price of one Futu Holdings share for Dec 2024.
In Dec, the Negative dynamics for Futu Holdings Lim. shares will prevail with possible monthly volatility of 13.468% volatility is expected.
Pessimistic target level: 73.70
Optimistic target level: 85.17
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