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FRHC

Freedom Holding Corp.

FRHC

NASDAQ·Financial Services·Financial - Capital Markets·Mkt cap $9.6B

$161.87

+3.03%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$107.98 - $194.01

P/E

Fwd P/E

Beta

0.67

Div Yield

0.00%

Avg Vol

136.3K

Shares Out

61.2M

Mkt Cap

$9.6B

Price action

Price chart

Up 12.6% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Geographic diversification across high-growth emerging markets in Central Asia and Eastern Europe
  • Integrated financial services platform offering brokerage, banking, and investment solutions
  • Proprietary Tradernet technology platform for advanced risk management and trading
  • Strong institutional relationships and expertise in capital raising and debt structuring

Bear Case

1 risk

  • Low volatility (beta 0.7).

Growth

No forward estimates available

Expansion of digital banking services and fintech adoption in underserved markets

Value

Valuation data unavailable

Momentum

Stable

+3.6% over 3m

Quality

Strong

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 28, 2026

Q2 26 RECAP

JUN 1, 2026

Reported EPS of $0.13 vs $0.87 consensus (-85.1% surprise). Revenue of $466.7M vs $124.1M expected (+275.9%).

EPS miss
Rev beat +275.9%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-85.1%

Next: May 28, 2026

Revenue trend · last 8Q

-12%

+40%

+12%

+10%

Q4 24

Q1 24

Q2 24

Q3 24

Q4 25

Q1 25

Q2 25

Q3 25

$354.4M

$293.7M

$382.2M

$445.3M

$311.4M

$411.5M

$428.6M

$487.7M

Margins · last 8Q

Gross

72.7%

Operating

41.0%

Profit

15.6%

Wall Street consensus

1 analyst · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

1

100%

Sell

0%

Median Price Target

Latest: KeyBanc · Jun 5, 2026

vs Industry

How FRHC stacks vs Financial - Capital Markets

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.