Qfin (NASDAQ:QFIN) Sets New 52-Week Low – What’s Next?

Qfin Holdings Inc. – Sponsored ADR (NASDAQ:QFIN) shares reached a new 52-week low on Monday. The stock traded as low as $5.23 and last traded at $5.2850, with a volume of 118,494 shares. The stock had previously closed at $5.26.

More Qfin News

Here are the key news stories impacting Qfin this week:

• Negative Sentiment: The lawsuit alleges that Qfin misrepresented the resilience and stability of its business while regulatory changes affecting consumer credit in China were already weakening operating results. The complaint covers investors who purchased QFIN securities from March 18 through August 25, 2026, and claims the alleged disclosures contributed to a subsequent stock decline of approximately 19%. QFIN Investor Class Action Filed
• Negative Sentiment: Several firms, including Pomerantz, Robbins, SBS Law, Bronstein Gewirtz & Grossman, and Bleichmar Fonti & Auld, announced or promoted the pending case. Although these announcements largely repeat the same allegations rather than represent separate confirmed judgments, the volume of legal notices may weigh on sentiment and raises potential litigation costs, management distraction, and reputational risk. Pomerantz Class Action Announcement
• Neutral Sentiment: Investors seeking to serve as lead plaintiff generally face deadlines of November 27 or November 30, 2026, depending on the notice. These are procedural milestones and do not establish that Qfin violated securities laws; the allegations remain unproven. Rosen QFIN Investor Notice

Analyst Ratings Changes

A number of brokerages have commented on QFIN. Zacks Research cut shares of Qfin from a “hold” rating to a “strong sell” rating in a research report on Friday, August 28th. Jefferies Financial Group reiterated a “buy” rating and set a $15.40 target price on shares of Qfin in a research 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 target on shares of Qfin in a report on Wednesday, August 12th. Finally, Bank of America reiterated a “neutral” rating on shares of Qfin in a report on Thursday, September 10th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $12.29.

Qfin Stock Up 2.0%

The firm has a fifty day simple moving average of $7.72 and a 200-day simple moving average of $12.68.

Qfin (NASDAQ:QFIN) last released its quarterly earnings data on Friday, August 14th. The company reported $0.55 EPS for the quarter. The firm had revenue of $524.96 million for the quarter. On average, equities analysts expect that Qfin Holdings Inc. – Sponsored ADR will post 2.43 EPS for the current year.

Qfin Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 9th were issued a dividend of $0.46 per share. The ex-dividend date was Wednesday, September 9th. This is a negative change from Qfin’s previous dividend of $0.78. This represents a yield of 1,070.0%.

Insider Buying and Selling at Qfin

In other news, Director Andrew Yan sold 330,000 shares of Qfin stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $7.52, for a total transaction of $2,481,600.00. Following the completion of the transaction, the director directly owned 326,700 shares in the company, valued at $2,456,784. This trade represents a 50.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 657,550 shares of company stock valued at $4,889,121 over the last 90 days. 17.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Qfin

Several large investors have recently added to or reduced their stakes in the business. FountainVest China Capital Partners GP3 Ltd. acquired a new position in Qfin during the 2nd quarter valued at about $95,483,341. Bank of America Corp DE raised its stake in shares of Qfin by 48.5% in the first quarter. Bank of America Corp DE now owns 1,987,457 shares of the company’s stock worth $25,658,000 after purchasing an additional 649,492 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Qfin by 128.0% in the second quarter. Wellington Management Group LLP now owns 1,034,463 shares of the company’s stock valued at $16,355,000 after purchasing an additional 580,772 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Qfin in the first quarter valued at approximately $5,612,000. Finally, Renaissance Technologies LLC bought a new position in shares of Qfin in the first quarter valued at approximately $5,032,000. Institutional investors own 74.81% of the company’s stock.

About Qfin

Qifu Technology, Inc (NASDAQ: QFIN), formerly known as 360 DigiTech, Inc, is a China-based financial technology company. It operates a technology platform that connects individual borrowers with financial institution partners and supports the origination, underwriting, servicing and management of consumer credit products.

The company uses data analytics, artificial intelligence and other digital tools to assess credit risk and improve lending efficiency. Its platform supports products and services designed to provide personal loans and other consumer financing options, primarily through online and mobile channels.