UP Fintech (NASDAQ:TIGR) Upgraded by Wall Street Zen to Buy Rating

Market Beat
2025.06.01 07:20
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Wall Street Zen upgraded UP Fintech (NASDAQ:TIGR) from a "hold" to a "buy" rating. Citigroup also raised its rating from "sell" to "neutral" and increased the target price from $5.80 to $9.50. The stock has a consensus rating of "Moderate Buy" with a target price of $8.83. UP Fintech reported $0.17 EPS, exceeding estimates, with revenue of $124.10 million. The stock opened at $7.89, with a 52-week range of $3.36 to $14.48. Institutional investors have significantly increased their holdings in the company recently.

UP Fintech (NASDAQ:TIGR - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Saturday.

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Several other research firms have also weighed in on TIGR. Citigroup upgraded shares of UP Fintech from a "sell" rating to a "neutral" rating and lifted their target price for the company from $5.80 to $9.50 in a report on Wednesday, March 19th. Bank of America initiated coverage on shares of UP Fintech in a report on Monday, March 17th. They issued a "buy" rating on the stock. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $8.83.

Check Out Our Latest Report on UP Fintech

UP Fintech Price Performance

  • 3 Chinese Stocks with Strong Momentum

TIGR stock opened at $7.89 on Friday. UP Fintech has a 52-week low of $3.36 and a 52-week high of $14.48. The stock's fifty day simple moving average is $8.19 and its 200-day simple moving average is $7.42. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 39.45 and a beta of 0.70.

UP Fintech (NASDAQ:TIGR - Get Free Report) last released its earnings results on Tuesday, March 18th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.06. UP Fintech had a net margin of 9.14% and a return on equity of 6.09%. The business had revenue of $124.10 million for the quarter, compared to analysts' expectations of $73.60 million.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of TIGR. Marshall Wace LLP boosted its position in UP Fintech by 492.4% during the fourth quarter. Marshall Wace LLP now owns 5,599,514 shares of the company's stock worth $36,173,000 after purchasing an additional 4,654,351 shares during the period. Two Sigma Investments LP boosted its position in UP Fintech by 808.5% during the fourth quarter. Two Sigma Investments LP now owns 1,817,787 shares of the company's stock worth $11,743,000 after purchasing an additional 1,617,702 shares during the period. Millennium Management LLC boosted its holdings in shares of UP Fintech by 2,631.2% during the 4th quarter. Millennium Management LLC now owns 1,620,968 shares of the company's stock worth $10,471,000 after buying an additional 1,561,617 shares during the period. Contrarius Group Holdings Ltd bought a new stake in shares of UP Fintech during the 4th quarter worth $8,105,000. Finally, Sparta 24 Ltd. boosted its holdings in shares of UP Fintech by 48.0% during the 1st quarter. Sparta 24 Ltd. now owns 3,657,104 shares of the company's stock worth $31,415,000 after buying an additional 1,186,137 shares during the period. Hedge funds and other institutional investors own 9.03% of the company's stock.

UP Fintech Company Profile

(Get Free Report)

UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform services.

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