Up Fintech Holding (TIGR) AI Stock Analysis

• Market Cap: $1.64B
• Dividend Yield: N/A
• Average Volume (3M): 3.61M
• Price to Earnings (P/E): 11.3
• Beta (1Y): 1.48
• Revenue Growth: 65.74%
• EPS Growth: 345.40%
• Country: US
• Employees: 1,193
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.31
• Shares Outstanding: 180,388,440
• 10 Day Avg. Volume: 3,456,695
• 30 Day Avg. Volume: 3,612,290
• PEG Ratio: 0.21
• Price to Book (P/B): 1.58
• Price to Sales (P/S): 2.64
• P/FCF Ratio: 1.25
• Enterprise Value/Market Cap: -1.85
• Enterprise Value/Revenue: -6.24
• Enterprise Value/Gross Profit: -9.18
• Enterprise Value/Ebitda: -13.75
• 1Y Price Target: $11.83
• Price Target Upside: 28.03% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 0.93
• Revenue Forecast (FY): $557.32M

• Rating: 68 Neutral
• Price Target: $9.50 ▲(2.81% Upside)

Up Fintech Holding's strong financial performance and positive earnings call results are the primary drivers of its stock score. The company has demonstrated significant revenue and profitability growth, supported by market expansion and user acquisition. However, technical indicators suggest a bearish trend, and cash flow inconsistencies raise concerns about operational sustainability. The valuation is reasonable, but the lack of a dividend yield may limit appeal to some investors.

Positive Factors

Revenue Growth

Strong revenue growth indicates successful market expansion and increased user adoption, supporting long-term business sustainability.

Market Expansion

Expansion into Singapore and Hong Kong enhances market presence and diversifies revenue streams, strengthening competitive position.

Profitability Improvement

Improved profitability reflects effective cost management and increased operational efficiency, bolstering financial health.

Negative Factors

Cash Flow Inconsistency

Inconsistent cash flow generation raises concerns about operational sustainability and the need for external financing.

Increased Operating Costs

Rising operating costs can pressure margins and reduce profitability, potentially impacting long-term financial performance.

High Customer Acquisition Costs

High customer acquisition costs may limit scalability and profitability, affecting long-term growth potential.

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 primarily through transaction fees and commissions from trading activities on its platform. The company charges clients for executing trades, which constitutes a significant portion of its income. Additionally, it earns money from interest on margin loans extended to clients, as well as from service fees associated with account management and premium subscription services. The firm also benefits from partnerships with financial institutions and market makers, which can provide liquidity and additional revenue opportunities. As the company expands its client base and enhances its service offerings, it is positioned to capitalize on the growing demand for online trading solutions in the Asian markets.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	486.49M	391.54M	272.51M	225.37M	264.49M	138.50M
Gross Profit	330.57M	254.52M	162.67M	108.01M	127.81M	81.87M
EBITDA	220.74M	151.12M	102.34M	29.71M	19.00M	36.87M
Net Income	117.65M	60.73M	32.56M	-2.19M	14.69M	16.06M
Balance Sheet
Total Assets	8.57B	6.39B	3.75B	3.80B	3.32B	2.19B
Cash, Cash Equivalents and Short-Term Investments	4.39B	470.20M	751.66M	441.14M	276.01M	98.91M
Total Debt	180.71M	179.50M	172.64M	168.22M	154.54M	7.21M
Total Liabilities	7.81B	5.73B	3.25B	3.35B	2.87B	1.96B
Stockholders Equity	753.99M	655.23M	488.98M	447.13M	446.63M	235.69M
Cash Flow
Free Cash Flow	672.66M	826.42M	-9.33M	253.17M	408.24M	534.30M
Operating Cash Flow	672.86M	827.98M	-6.57M	258.06M	413.20M	535.28M
Investing Cash Flow	-10.23M	-8.66M	-7.75M	-3.61M	10.92M	43.56M
Financing Cash Flow	0.00	103.83M	1.82M	4.73M	330.88M	-8.37M

Up Fintech Holding Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 9.24
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 9.24 is above the 20-day moving average (MA) of 8.87, below the 50-day MA of 9.63, and below the 200-day MA of 9.42, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 49.34 is Neutral, neither overbought nor oversold. The STOCH value of 73.15 is Neutral, 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
EVR	76 Outperform	$13.33B	27.49	31.39%	0.99%	27.00%	63.47%
ETOR	75 Outperform	$3.41B	―	―	―	―	―
SF	74 Outperform	$13.40B	23.24	11.73%	1.42%	7.54%	2.73%
XP	74 Outperform	$9.41B	10.68	21.24%	1.03%	-3.47%	7.48%
FUTU	70 Outperform	$24.12B	19.30	30.24%	―	81.43%	119.47%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
TIGR	68 Neutral	$1.64B	11.27	22.84%	―	65.74%	345.40%

Up Fintech Holding Corporate Events

UP Fintech Reports Strong Q3 2025 Financial Growth

UP Fintech Holding Limited reported a significant increase in its financial performance for the third quarter of 2025, with total revenues reaching $175.2 million, marking a 73.3% year-over-year growth. The company achieved record highs in commission, interest, and other revenues, contributing to a net income of $53.8 million, nearly tripling from the previous year. The firm successfully onboarded 31,500 new customers with deposits, primarily from Singapore and Hong Kong, and expanded its digital asset and wealth management services. The total account balance rose to $61.0 billion, driven by robust asset inflows and market gains, while the company also played a significant role in underwriting several IPOs in the U.S. and Hong Kong.