Wall Street Analysts Believe Futu Holdings (FUTU) Could Rally 26.89%: Here's is How to Trade

Group 1 - Futu Holdings Limited (FUTU) shares have increased by 1.4% over the past four weeks, closing at $165.77, with a mean price target of $210.35 indicating a potential upside of 26.9% [1] - The average of 11 short-term price targets ranges from a low of $130.40 to a high of $280.00, with a standard deviation of $36.11, suggesting variability in analyst estimates [2] - Analysts show strong agreement on FUTU's ability to report better earnings than previously predicted, which supports the potential for stock upside [4][11] Group 2 - The Zacks Consensus Estimate for FUTU's current year earnings has increased by 4.6% over the last 30 days, with two estimates moving higher and no negative revisions [12] - FUTU holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be reliable for predicting the extent of FUTU's gains, they can provide a directional guide for price movement [14]