富途控股_业绩回顾 - 调整 2026 年盈利预期以反映近期市场波动；估值仍具吸引力，维持买入评级

13 March 2026 | 12:28AM HKT Equity Research Futu Holdings (FUTU) Earnings review: Revising 2026E estimates to reflect recent market volatility; valuation remains attractive, maintain Buy | FUTU | | --- | | 12m Price Target: $205.00 | | Price: $152.64 | | Upside: 34.3% | FUTU's 4Q25 revenue/net profit were HK$ 6.3/3.4bn, +40%/+80% yoy, in line/+22% vs. GSe. FUTU updated its 2026 new paying client growth guidance to 800k, which is consistent with our forecast. However, based on FUTU's disclosed figures, both ...