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Lufax Holding ( (LU) ) just unveiled an update.
On May 13, 2025, Lufax Holding Ltd announced it received a notice from the New York Stock Exchange (NYSE) for not timely filing its annual report for the year ended December 31, 2024. The company has until October 30, 2025, to file the report and regain compliance with NYSE standards. The delay was due to a proposed change in auditors, with Ernst & Young and Ernst & Young Hua Ming LLP set to be appointed, pending approval at a meeting on June 25, 2025. The NYSE notice does not immediately affect Lufax’s listing, and the company aims to comply within the given timelines.
The most recent analyst rating on (LU) stock is a Hold with a $3.20 price target. To see the full list of analyst forecasts on Lufax Holding stock, see the LU Stock Forecast page.
Spark’s Take on LU Stock
According to Spark, TipRanks’ AI Analyst, LU is a Neutral.
Lufax Holding faces significant financial hurdles with declining income and profitability, impacting its overall stock score. Despite operational efficiencies and positive cash flow, the negative valuation metrics and financial instability weigh heavily. Technical analysis and earnings call insights show potential growth areas but also underline persistent challenges. The stock’s dividend yield offers some appeal, but broader risks must be managed for improvement.
To see Spark’s full report on LU stock, click here.
More about Lufax Holding
Lufax Holding Ltd is a prominent financial services enabler focused on providing financing solutions for small business owners in China. The company has established partnerships with 85 financial institutions, many of which have been collaborating with Lufax for over three years.
Average Trading Volume: 4,051,262
Technical Sentiment Signal: Buy
Current Market Cap: $2.43B
For detailed information about LU stock, go to TipRanks’ Stock Analysis page.