Qfin (NASDAQ:QFIN) Raised to Hold at Zacks Research

Qfin (NASDAQ:QFIN) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.

QFIN has been the subject of several other reports. Morgan Stanley lowered Qfin from an “overweight” rating to an “equal weight” rating and set a $13.00 price target for the company. in a report on Wednesday, August 26th. Weiss Ratings reissued a “sell (d+)” rating on shares of Qfin in a research note on Friday, October 9th. Deutsche Bank Aktiengesellschaft set a $13.00 price objective on Qfin in a report on Wednesday, August 12th. Citigroup lowered shares of Qfin from a “buy” rating to a “sell” rating and set a $8.00 price objective on the stock. in a research report on Wednesday, August 26th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $15.40 price objective on shares of Qfin in a research report on Wednesday, August 26th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $12.29.

Qfin Price Performance

QFIN opened at $5.37 on Monday. The stock has a market cap of $653.80 million, a price-to-earnings ratio of 1.29 and a beta of 0.60. Qfin has a 1 year low of $5.10 and a 1 year high of $23.79. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 0.03. The stock has a fifty day moving average price of $6.69 and a 200 day moving average price of $12.10.

Qfin (NASDAQ:QFIN) last issued its earnings results on Friday, August 14th. The company reported $0.55 EPS for the quarter. Qfin had a return on equity of 15.23% and a net margin of 22.23%. The firm had revenue of $524.96 million for the quarter. Analysts forecast that Qfin will post 2.43 EPS for the current fiscal year.

Insider Transactions at Qfin

In other Qfin news, Director Andrew Yan sold 326,700 shares of the stock in a transaction on Friday, September 25th. The shares were sold at an average price of $7.36, for a total transaction of $2,404,512.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have sold 657,550 shares of company stock valued at $4,889,121 in the last three months. Corporate insiders own 17.10% of the company’s stock.

Institutional Trading of Qfin

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. FountainVest China Capital Partners GP3 Ltd. bought a new stake in shares of Qfin during the 2nd quarter worth about $95,483,341. Bank of America Corp DE increased its holdings in shares of Qfin by 48.5% during the 1st quarter. Bank of America Corp DE now owns 1,987,457 shares of the company’s stock valued at $25,658,000 after acquiring an additional 649,492 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Qfin by 128.0% during the 2nd quarter. Wellington Management Group LLP now owns 1,034,463 shares of the company’s stock valued at $16,355,000 after acquiring an additional 580,772 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Qfin in the 1st quarter valued at approximately $5,612,000. Finally, Renaissance Technologies LLC bought a new position in shares of Qfin in the 1st quarter valued at approximately $5,032,000. Institutional investors and hedge funds own 74.81% of the company’s stock.

Key Stories Impacting Qfin

Here are the key news stories impacting Qfin this week:

• Neutral Sentiment: Law firms are reminding investors who bought QFIN securities from March 18 through August 25, 2026, of lead-plaintiff deadlines on November 27 or November 30. These notices are solicitations for investors to participate in the case and do not represent a court finding. Article: Rosen Law Firm deadline notice
• Negative Sentiment: A securities class action has been filed against Qfin and certain executives. The complaint alleges the company misrepresented how well its business could withstand changes in Chinese (PRC) regulation; law-firm notices connect those alleged disclosures to a prior single-session share-price decline of about 19%. The allegations remain unproven, but the litigation and regulatory concerns may add pressure to the stock. Article: Class action filed against Qfin

Qfin Company Profile

Qifu Technology, Inc. (NASDAQ: QFIN), formerly known as 360 DigiTech, operates a digital platform in China that connects consumers seeking credit with financial institutions. The company uses technology and data analysis to support credit assessment and loan matching. Its services include helping partner institutions acquire and assess borrowers, facilitating loan applications and providing support after loans are originated. Qifu also offers technology solutions to financial institutions to assist with their consumer lending operations.