Futu Holdings Limited (NASDAQ:FUTU) is one of the best mid cap stocks to buy with highest upside potential. On May 25, Goldman Sachs analyst Shuo Yang has downgraded Futu Holdings from Buy to Neutral, significantly lowering the price target from $210.47 to $102.13. The revision is primarily driven by heightened regulatory uncertainty surrounding the company, specifically following the announcement of fines and the required remediation of non-compliant client accounts in mainland China.
The firm also lowered its financial estimates to account for mounting operational challenges. The analyst noted that Futu is grappling with rising client acquisition costs in new markets, compounded by a decline in new assets under management, signaling potential headwinds for the company’s near-term growth.
Furthermore, on May 22, Futu Holdings announced that it repurchased approximately $160 million worth of its American depositary shares/ADSs as of May 23, pursuant to the share repurchase program originally initiated on November 18, 2025. The company indicated that it may continue to conduct further repurchases under this program, depending on prevailing market conditions.
Futu Holdings Limited (NASDAQ:FUTU) is a Hong Kong‑based fintech company offering fully digital brokerage, wealth management, and investing services via its Futubull and moomoo platforms, including trading, market data, financing, and global asset access to individual and institutional investors.
While we acknowledge the potential of FUTU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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