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Freedom Holding Corp. (FRHC)
NASDAQ:FRHC
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Freedom Holding (FRHC) Price & Analysis

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FRHC Stock Chart & Stats

$170.35
-$3.46(-2.24%)
At close: 4:00 PM EDT
$170.35
-$3.46(-2.24%)

Bulls Say, Bears Say

Bulls Say
Strong Operating ProfitabilityStrong operating and EBITDA margins indicate that Freedom Holding’s core brokerage and capital-markets activities can generate substantial operating profit. This profitability provides capacity to invest in products, technology and market expansion, although sustaining it will depend on client activity and market conditions.
Meaningful Balance-Sheet ScaleThe company operates with a sizeable asset base and meaningful equity capitalization while retaining positive returns on equity. That scale can support a broad financial-services platform and provide operating capacity across jurisdictions, even though leverage reduces the strength of this balance-sheet positive.
Broad Regulated PlatformFreedom Holding’s combination of brokerage, trading access, investment banking and related services creates several avenues for client engagement and revenue generation. Its regulated, multi-jurisdictional subsidiary network also supports geographic reach and may make the platform less dependent on one market or product.
Bears Say
Revenue ContractionThe latest TTM revenue decline shows that recent business momentum has weakened despite solid operating margins. The much lower net margin compared with prior peaks further reduces earnings resilience, making future results more dependent on a recovery in client activity, transaction volumes or capital-markets conditions.
Weak And Volatile Cash GenerationDeeply negative operating and free cash flow indicate that reported profitability is not currently translating into cash generation. The sharp reversal from 2025 and repeated multi-year volatility reduce confidence in internally funded growth, increase reliance on financing flexibility, and make earnings quality less durable.
Elevated Leverage UncertaintyElevated historical debt-to-equity suggests meaningful financial sensitivity to market and credit conditions, while the simultaneous zero TTM debt figure creates uncertainty about classification or reporting. This combination complicates assessment of financial risk and could constrain capital allocation if leverage remains high.

Freedom Holding News

FRHC FAQ

What was Freedom Holding Corp.’s price range in the past 12 months?
Freedom Holding Corp. lowest stock price was $107.97 and its highest was $184.76 in the past 12 months.
    What is Freedom Holding Corp.’s market cap?
    Freedom Holding Corp.’s market cap is $10.92B.
      When is Freedom Holding Corp.’s upcoming earnings report date?
      Freedom Holding Corp.’s upcoming earnings report date is Nov 06, 2026 which is in 11 days.
        How were Freedom Holding Corp.’s earnings last quarter?
        Freedom Holding Corp. released its earnings results on Aug 10, 2026. The company reported $0.517 earnings per share for the quarter.
          Is Freedom Holding Corp. overvalued?
          According to Wall Street analysts Freedom Holding Corp.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Freedom Holding Corp. pay dividends?
            Freedom Holding Corp. does not currently pay dividends.
            What is Freedom Holding Corp.’s EPS estimate?
            Freedom Holding Corp.’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Freedom Holding Corp. have?
            Freedom Holding Corp. has 63,787,666 shares outstanding.
              What happened to Freedom Holding Corp.’s price movement after its last earnings report?
              Freedom Holding Corp. reported an EPS of $0.517 in its last earnings report. Following the earnings report the stock price went up 0.685%.
                Which hedge fund is a major shareholder of Freedom Holding Corp.?
                Currently, no hedge funds are holding shares in FRHC
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Freedom Holding Corp.

                  Freedom Holding Corp. operates as a diverse financial services organization, offering a broad spectrum of services through its network of subsidiaries. The company specializes in retail and corporate financial solutions, encompassing brokerage, investment analysis, advisory services, securities trading, and market making. It also extends into retail banking, corporate investment banking, and underwriting. For individual and institutional investors, the firm provides access to an extensive range of financial instruments, including equities and debt securities traded on exchanges and over-the-counter, money market products, exchange-traded options and futures, government bonds, and mutual funds. Complementing these offerings, it facilitates margin lending secured by client assets, delivers educational courses for investors, and conducts detailed investment research. The company's commercial banking operations furnish essential services such as payment cards, digital mortgage processing, and digital auto loans. Furthermore, it makes various insurance products accessible to its clientele. In the realm of corporate finance, Freedom Holding Corp. assists businesses in capital raising through initial public offerings (IPOs) and subsequent share offerings. It also crafts and distributes debt capital market solutions, supporting diverse corporate needs like acquisitions, leveraged buyouts, funding for growth, and financial restructuring. Beyond client-focused services, the company actively participates in proprietary trading and investment activities. This includes engaging in repurchase and reverse repurchase agreements, managing short positions, and settling other securities-related obligations to address customer requirements and finance its own asset holdings. Operational efficiency is enhanced by its proprietary Tradernet software platform, which plays a crucial role in assessing client margin risk and managing middle office security transfers. Headquartered in Almaty, Kazakhstan, and established in 1981, the company maintains a significant global footprint, conducting operations across Central Asia, Europe, the United States, Russia, and the Middle East/Caucasus regions. It was previously known as BMB Munai, Inc. before rebranding as Freedom Holding Corp.

                  Freedom Holding (FRHC) Earnings & Revenues

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                  Ownership Overview

                  0.71%0.29%0.03%98.20%
                  0.03% Other Institutional Investors
                  98.20% Public Companies and
                  Individual Investors
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