Up Fintech Holding (TIGR) AI Stock Analysis

• Market Cap: $1.98B
• Dividend Yield: N/A
• Average Volume (3M): 6.03M
• Price to Earnings (P/E): 17.1
• Beta (1Y): 1.25
• Revenue Growth: 58.88%
• EPS Growth: 305.98%
• Country: US
• Employees: 1,193
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.24
• Shares Outstanding: 180,388,440
• 10 Day Avg. Volume: 5,225,361
• 30 Day Avg. Volume: 6,030,121
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: -1.22
• Enterprise Value/Revenue: -6.18
• Enterprise Value/Gross Profit: -8.64
• Enterprise Value/Ebitda: -16.41
• 1Y Price Target: $12.24
• Price Target Upside: 10.77% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 74 Outperform
• Price Target: $13.00 ▲(17.65% Upside)

Up Fintech Holding's strong financial performance and technical indicators are the primary drivers of its stock score. The company's robust revenue growth and market expansion, coupled with positive earnings call sentiment, contribute significantly. However, cash flow inconsistencies and the lack of a dividend yield slightly temper the overall score.

Positive Factors

Revenue Growth

Strong revenue growth indicates successful market expansion and product adoption, enhancing long-term financial stability and shareholder value.

Client Asset Growth

Consistent growth in client assets demonstrates increasing customer trust and engagement, supporting future revenue streams and business expansion.

Market Expansion

Expansion in key markets like Singapore and Hong Kong strengthens the company's competitive position and diversifies its revenue base.

Negative Factors

Cash Flow Inconsistency

Inconsistent cash flow generation raises concerns about operational sustainability and may necessitate external financing, impacting long-term financial health.

High Customer Acquisition Costs

High acquisition costs in key markets could pressure margins and require efficient cost management to maintain profitability.

Equity Ratio Fluctuation

Fluctuating equity ratios suggest potential instability in capital structure, which may affect financial resilience and ability to leverage growth opportunities.

Up Fintech Holding Business Overview & Revenue Model

Company Description

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; and account management services. The company also provides trade execution, margin financing, and securities lending services; asset management and wealth management; ESOP management; fund license application, product design, asset custody, transaction execution, and funding allocation; fund structuring and management; and IPO underwriting services. In addition, it offers market information, community engagement, investor education, and simulated trading services. The company was founded in 2014 and is based in Beijing, China.

How the Company Makes Money

Up Fintech generates revenue through multiple key streams. Primarily, the company earns commissions from trading activities, where it charges fees for executing trades on behalf of its clients. Additionally, Up Fintech benefits from interest income on client margin accounts and cash balances, as well as from the management of assets in various investment products. The company also engages in securities lending, providing liquidity to the market and earning fees from this service. Furthermore, strategic partnerships with financial services firms enhance its product offerings and client base, contributing to its earnings through increased trading volume and customer acquisition.

Up Fintech Holding Financial Statement Overview

Summary

Up Fintech Holding has shown commendable growth in revenue and profitability, with strong gross margins and improved net margins. The balance sheet reflects a solid equity base and low debt levels, supporting financial stability. However, fluctuating cash flows raise concerns about operational sustainability and liquidity.

Income Statement

Up Fintech Holding has demonstrated robust revenue growth from 2019 to 2024, with Total Revenue increasing from $58.7M in 2019 to $330.7M in 2024. The company boasts a strong Gross Profit Margin, consistently at 100% in recent years, indicating effective cost management. The Net Profit Margin has improved significantly, moving from negative territory in 2019 to a notable 18.36% in 2024, reflecting enhanced profitability. However, EBIT and EBITDA margins have been volatile, suggesting some operational inefficiencies.

Balance Sheet

The balance sheet reflects a strengthening equity position with Stockholders' Equity growing from $211.9M in 2019 to $655.2M in 2024, indicating financial stability. The Debt-to-Equity ratio has remained low, standing at 0.24 in 2024, suggesting prudent leverage management. However, the Equity Ratio has fluctuated, with the latest at 10.25% in 2024, pointing to room for improvement in capital structure resilience.

Cash Flow

Cash flow generation has been inconsistent, with a substantial Operating Cash Flow in 2019 and 2020 but declining in subsequent years, with TTM showing zero. Free Cash Flow has similarly fluctuated, with significant levels in early years but reduced to zero in 2024. This presents concerns about cash management and sustainability of operations without external financing.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	391.54M	272.51M	225.37M	264.49M	138.50M
Gross Profit	254.52M	162.67M	89.34M	127.81M	65.71M
EBITDA	141.89M	82.64M	4.47M	19.00M	21.03M
Net Income	60.73M	32.56M	-2.26M	14.69M	16.06M
Balance Sheet
Total Assets	6.39B	3.75B	3.80B	3.32B	2.19B
Cash, Cash Equivalents and Short-Term Investments	470.20M	751.66M	441.14M	276.01M	98.91M
Total Debt	169.56M	165.80M	13.88M	154.54M	7.21M
Total Liabilities	5.73B	3.25B	3.35B	2.87B	1.96B
Stockholders Equity	655.23M	488.98M	447.13M	446.63M	235.69M
Cash Flow
Free Cash Flow	826.42M	-9.33M	253.17M	408.24M	534.30M
Operating Cash Flow	827.98M	-6.57M	258.06M	413.20M	535.28M
Investing Cash Flow	-8.66M	-7.75M	-3.61M	10.92M	43.56M
Financing Cash Flow	103.83M	1.82M	4.73M	330.88M	-8.37M

Up Fintech Holding Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 11.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TIGR, the sentiment is Neutral. The current price of 11.05 is below the 20-day moving average (MA) of 11.91, above the 50-day MA of 10.89, and above the 200-day MA of 8.57, indicating a neutral trend. The MACD of 0.09 indicates Positive momentum. The RSI at 46.41 is Neutral, neither overbought nor oversold. The STOCH value of 8.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TIGR.

Up Fintech Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FUTU	80 Outperform	24.36B	24.23	19.43%	―	66.97%	86.46%
IBKR	78 Outperform	27.76B	32.77	17.37%	0.80%	12.30%	20.76%
TIGR	74 Outperform	$1.98B	17.07	18.77%	―	58.88%	305.98%
MKTX	67 Neutral	6.86B	30.78	16.08%	1.65%	8.30%	-14.39%
XP	67 Neutral	10.51B	11.88	22.10%	3.26%	-6.77%	2.95%
PJT	64 Neutral	6.39B	30.99	95.78%	0.55%	18.40%	54.77%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Up Fintech Holding Corporate Events

UP Fintech Reports Record Q2 2025 Financial Performance

UP Fintech Holding Limited reported a significant increase in its financial performance for the second quarter of 2025, with total revenue reaching a record high of $138.7 million, marking a 58.7% year-over-year increase. The company also saw substantial growth in net income, with a 36.2% increase from the previous quarter and a nearly 15-fold increase compared to the same period last year. The firm added 39,800 new customers with deposits in the quarter, contributing to a total of over 100,000 new customers year-to-date, and achieved a total account balance of $52.1 billion. Additionally, UP Fintech expanded its offerings in Singapore by launching new trading features for CPF and SRS accounts, and underwrote several IPOs in Hong Kong and the U.S., further strengthening its market position.