Why Futu Holdings (FUTU) Stock Is Up Today

Futu Holdings (FUTU) is up 8.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The rally appears tied to Futu’s second-quarter 2026 results, which showed strong year-over-year growth across revenue, profit, trading activity, and funded accounts. Investors also seem to be responding positively to signs that customer assets and engagement remain strong while the company continues buying back shares.

Details:

Futu announced second-quarter 2026 revenue of HK$7.2 billion, up 35.6% from a year earlier.

Net income rose 41.6% year over year to HK$3.64 billion, while adjusted net income increased 40.1%.

Total trading volume reached HK$6.42 trillion, up 78.8% from the prior-year quarter, and daily average client assets climbed 55.6% to HK$1.39 trillion.

Funded accounts grew to 3.8 million, up 33.6% year over year, and the company said it had repurchased about 3.8 million ADSs for roughly US$418 million as of June 30, 2026.

Sources:

Futu Holdings investor relations, SEC, Yahoo Finance

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$FUTU Hedge Fund Activity

We have seen 155 institutional investors add shares of $FUTU stock to their portfolio, and 281 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BANK OF AMERICA CORP /DE/ added 2,722,449 shares (+844.0%) to their portfolio in Q2 2026, for an estimated $255,202,369
FMR LLC removed 2,062,617 shares (-99.3%) from their portfolio in Q2 2026, for an estimated $193,349,717
CITIGROUP INC added 1,762,532 shares (+92.0%) to their portfolio in Q2 2026, for an estimated $165,219,749
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 1,712,927 shares (+61972.8%) to their portfolio in Q2 2026, for an estimated $160,569,776
FIRST BEIJING INVESTMENT LTD added 1,379,102 shares (+inf%) to their portfolio in Q2 2026, for an estimated $129,277,021
AGF MANAGEMENT LTD removed 843,734 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $115,389,061
NATIONAL BANK OF CANADA /FI/ removed 740,865 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $69,448,685

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$FUTU Price Targets

Multiple analysts have issued price targets for $FUTU recently. We have seen 2 analysts offer price targets for $FUTU in the last 6 months, with a median target of $150.0.

Here are some recent targets:

Katherine Lei from JP Morgan set a target price of $100.0 on 05/26/2026
Jiong Shao from Barclays set a target price of $200.0 on 03/16/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.