UP Fintech (TIGR) Stock Price, News & Analysis (2024)

FAQs

Will Tigr stock go up? ›

The average price target is $6.22 with a high forecast of $6.22 and a low forecast of $6.22. The average price target represents a 97.46% change from the last price of $3.15.

12 of total 15 analysts offering stock ratings for Up Fintech Holding Limited TIGR have recommended buy rating.

P/E ratio as of May 2024 (TTM): 23.8

According to UP Fintech (Tiger Brokers)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.7576. At the end of 2022 the company had a P/E ratio of -164.

TIGR Signals & Forecast

The UP Fintech Holding Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock.

The main competitors of UP Fintech include GAMCO Investors (GAMI), Associated Capital Group (AC), Oppenheimer (OPY), WisdomTree (WT), Navient (NAVI), Tiptree (TIPT), Great Southern Bancorp (GSBC), Whitestone REIT (WSR), BlackRock MuniHoldings New Jersey Quality Fund (MUJ), and BlackRock TCP Capital (TCPC).

Second, despite short-term pressures, fintechs still have room to achieve further growth in an expanding financial-services ecosystem. McKinsey estimates that fintechs will grow at roughly three times the overall banking industry's growth rate between 2022 and 2028.

The location of our principal executive offices is 18/F, Grandyvic Building, No. 1 Building, No. 16 Taiyanggong Middle Road, Chaoyang District, Beijing, 100020 PRC and our telephone number at this address is +86-10-56216660.

The Bursting FinTech Bubble Places Primacy on Profitability: The BNPL Issue. New Report Examines BNPL Providers' Painful Pivot to Profitability After years of easy money and rapid growth, the FinTech bubble burst in 2022 amid economic challenges.

Some of the common indicators that predict stock prices include Moving Averages, Relative Strength Index (RSI), Bollinger Bands, and MACD (Moving Average Convergence Divergence). These indicators help traders and investors gauge trends, momentum, and potential reversal points in stock prices.

What is the target stock price forecast? ›

A price target is a price at which an analyst believes a stock to be fairly valued relative to its projected and historical earnings. When an analyst raises their price target for a stock, they generally expect the stock price to rise.

Average PE of Nifty in the last 20 years was around 20.* So PEs below 20 may provide good investment opportunities; lower the PE below 20, more attractive the investment potential.

Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio.

With those two breadcrumbs, we see that Buffett has historically paid PE ratios of somewhere 11-15 times, which translates Ricky into earnings yields, earnings yields are just the inverse of the PE ratio of roughly 7-9 percent. These are low below market average valuations, that's the big takeaway so far, Ricky.

If more people want to buy a stock (demand) than sell it (supply), then the price moves up. Conversely, if more people wanted to sell a stock than buy it, there would be greater supply than demand, and the price would fall.

ASAN Stock 12 Month Forecast

Based on 12 Wall Street analysts offering 12 month price targets for Asana in the last 3 months. The average price target is $19.83 with a high forecast of $28.00 and a low forecast of $10.00. The average price target represents a 25.15% change from the last price of $15.85.

The average price target for Rocket Lab USA is $7.63. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $10.00 ,the lowest forecast is $4.25. The average price target represents 74.40% Increase from the current price of $4.375.

In general, strong earnings generally result in the stock price moving up (and vice versa). But some companies that are not making that much money still have a rocketing stock price. This rising price reflects investor expectations that the company will be profitable in the future.