Bofa Maintains Buy Rating on Futu Holdings (FUTU)

1 week ago 9

Jeff Lewis

Fri, June 5, 2026 astatine 8:27 AM CDT 2 min read

Futu Holdings Limited (NASDAQ:FUTU) is 1 of the 10 Best Asian Stocks with Huge Upside Potential.

On May 29, 2026, BofA lowered the firm's terms people connected Futu Holdings Limited (NASDAQ:FUTU) to $180 from $223.50 and maintained a Buy standing connected the shares. BofA chopped its FY26-28 EPS estimates by 6%-14% to bespeak caller regulatory tightening and lowered its people aggregate owed to uncertainty astir the marketplace and competitory environment.

On May 28, 2026, Jefferies expert Zoey Zong lowered the firm's terms people connected Futu Holdings Limited (NASDAQ:FUTU) to $170.50 from $224 and maintained a Buy standing connected the shares aft the institution reported Q1 results. Zong said Futu's buyback reflects semipermanent confidence.

Bofa Maintains Buy Rating connected  Futu Holdings (FUTU)

Bofa Maintains Buy Rating connected Futu Holdings (FUTU)

Also connected May 28, Futu Holdings Limited (NASDAQ:FUTU) reported Q1 EPS of 77c, compared to $1.96 past year. Revenue totaled $746.9M, up from $603.4M past year. Total users accrued 14.9% year-over-year to 30.2M arsenic of March 31. Chairman and CEO Leaf Hua Li said Futu added 225 1000 nett caller funded accounts successful the quarter, bringing full funded accounts to 3.6 million, up 34.3% year-over-year.

Futu Holdings Limited (NASDAQ:FUTU) provides digitalized securities brokerage and wealthiness absorption merchandise organisation services successful Hong Kong and internationally.

While we admit the imaginable of FUTU arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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