Upgrade

Freedom Holding Corp.

FRHC

Last
$169.65
Day
+1.8%
1y
-2.4%
5y
+168.7%
52w
-6.3%
SPY YTD
+13.3%
XLF
-1.3%
Earnings
2026-11-0627d
EMA 21
169.61
EMA 50
164.89
EMA 200
152.19
20d high
-6.3%
5y high
-14.1%
5y range
83th
Website · 12,100 employees · United States

Positions held

Your positions

FRHC isn't in your positions.

Add it to see shares, cost, and P&L here.

Score
21
Hold
swing
Signal
Buy
Target
$185.94
Stop
$157.08
Stop distance
7.4%
Target vs last
+9.6%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Freedom Holding Corp. operates in a competitive financial services sector, leveraging its diverse offerings to capture market share.
  • Revenue increased by 36% compared to the prior quarter, reaching $721 million.
  • The company's operating margin, although compressed, remains at 28.7%.
Bear case
  • The company's earnings growth has declined by 14.8%, indicating potential challenges in profitability.
  • Gross margin decreased to 51.3%, down from 62.7% in the prior quarter.
  • The trailing P/E ratio stands at 68.99, suggesting the stock may be overvalued relative to its earnings.

Fundamentals

Market cap$10.63BEnterprise value$9.10BTrailing P/E66.15Forward P/E37.04
PEG—Price / book6.67Beta0.69Dividend yield0.00%
Revenue growth27.8%Earnings growth-14.8%Gross margin84.8%Operating margin5.0%
Profit margin8.4%ROE10.7%ROA1.2%Debt / equity1.82
Current ratio1.23Free cash flow—Analyst recommendationnoneMean target—
52w high$178.0052w low$107.98

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$721M$532M$616M$531M$515M
Op margin28.7%34.6%32.5%30.1%29.6%
Net income$31.7M$8.0M$76.2M$38.7M$37.4M
Gross margin51.3%62.7%57.6%52.5%50.4%
Gross profit$370M$333M$355M$279M$260M
Operating income$207M$184M$200M$160M$152M
  • Revenue +36% vs prior quarter ($721M vs $532M).
  • Gross margin 51.3% (was 62.7% prior quarter).
  • Operating margin compressed to 28.7%.

Yearly (6y)

20262025202420232022
Revenue$2.2B$2.0B$1.6B$796M—
Op margin31.8%31.4%56.8%55.5%—
Net income$153M$76.3M$379M$205M—
Gross margin54.6%53.4%71.3%71.7%—
Gross profit$1.2B$1.1B$1.2B$571M—
Operating income$689M$623M$930M$441M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

FRHC · daily-2.6% over 13 sessions
Close EMA21 EMA50 EMA200
161.21165.61170.00174.40178.802026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$180M$360M$541M$721M0%31%63%2025-Q22025-Q32025-Q42026-Q12026-Q2