Futu Holdings Limited's share price stood at $184.08 on January 13th, according to recent market data. The company's trailing and forward P/E ratios were reported as 20.62 and 11.99 respectively by Yahoo Finance.
A bullish thesis on Futu Holdings was posted on the r/Valueinvesting subreddit by user Glad-River7299. The analysis described Futu as an under-the-radar brokerage platform that competes with Robinhood while offering exposure to Asian and international retail investing markets.
Headquartered in Hong Kong, Futu operates through two platforms: Futubull, which primarily serves Hong Kong and mainland China, and Moomoo, which targets global markets. This structure provides access to regions where retail participation is expanding and remains underpenetrated relative to the United States.
Financial performance has shown strength, with revenue nearly doubling from $7.12 billion in 2021 to $13.6 billion in 2024. Net margins have remained around 40%, indicating scalability and operating leverage in the business model.
Despite this growth, FUTU trades at approximately 18.5 times earnings. Earnings have compounded at roughly 30% over the past two years. The stock price has appreciated 91% over the last year and currently trades near $165, down from a recent high of $199. Some analysis suggests the shares may be 20% to 30% undervalued based on forward growth expectations.
User and asset growth continue to accelerate. Total brokerage accounts reached 5.61 million as of the third quarter of 2025, representing 31% year-over-year growth. Total client assets increased 79% year over year to approximately $158 billion.
International adoption has been particularly strong. Moomoo surpassed 1.5 million users in Singapore, growing more than 50% in 15 months. In Malaysia, it exceeded 1 million users after growing tenfold in just over a year. By the end of the third quarter of 2025, Moomoo ranked as the most downloaded trading app in Australia and New Zealand.
Glad-River7299's thesis shares similarities with a previous bullish analysis on Robinhood Markets, Inc. by Chit Chat Stocks in May 2025. That analysis highlighted Robinhood's under-monetized user base and strong asset growth. Robinhood's stock price has appreciated by approximately 84.58% since that coverage. Glad-River7299 emphasizes geographic diversification and higher margins at Futu.
Futu Holdings Limited is not included on a list of the 30 Most Popular Stocks Among Hedge Funds. According to database information, 34 hedge fund portfolios held FUTU at the end of the third quarter, down from 36 in the previous quarter.