Lufax (NYSE:LU) Reaches New 12-Month Low Following Weak Earnings

Shares of Lufax Holding Ltd. Sponsored ADR (NYSE:LU) hit a new 52-week low on Wednesday following a weaker than expected earnings announcement. The company traded as low as $7.70 and last traded at $7.8040, with a volume of 275,494 shares traded. The stock had previously closed at $8.50.

The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $10.81 by ($11.08). The company had revenue of $921.68 million during the quarter, compared to analyst estimates of $2.22 billion.

Trending Headlines about Lufax

Here are the key news stories impacting Lufax this week:

• Positive Sentiment: Lufax continues to serve small-business owners in China through its financial-services platform, and management’s third-quarter earnings call provided additional information on operating performance and its outlook. Lufax Q3 2026 Earnings Call Transcript
• Neutral Sentiment: Lufax announced changes to the composition of its Internal Control Improvement Committee, effective October 28. The move may support governance and control efforts, but the company did not indicate an immediate financial impact. Internal Control Improvement Committee Changes
• Negative Sentiment: Lufax reported third-quarter total income of RMB6.18 billion, or approximately $922 million, down from RMB6.479 billion a year earlier. The weaker year-over-year revenue trend signals continued pressure on the business. Lufax Reports Third Quarter 2026 Financial Results
• Negative Sentiment: The company recorded a third-quarter net loss of RMB1.494 billion and reported a loss of $0.27 per share. That compares unfavorably with the cited consensus expectation of $10.81 per share, although the unusually large estimate suggests possible data or unit inconsistencies. Lufax Q3 Net Loss
• Negative Sentiment: Reported revenue of $921.68 million was also well below the cited $2.22 billion analyst estimate, reinforcing concerns about earnings quality and near-term profitability. The results are the main catalyst behind LU’s weaker trading. Lufax Third-Quarter Earnings Results

Analysts Set New Price Targets

A number of analysts have commented on LU shares. Zacks Research raised shares of Lufax from a “strong sell” rating to a “hold” rating in a research note on Monday, September 28th. Weiss Ratings reissued a “sell (d)” rating on shares of Lufax in a research report on Thursday, August 13th. Wall Street Zen lowered shares of Lufax from a “hold” rating to a “sell” rating in a report on Saturday, August 22nd. Deutsche Bank Aktiengesellschaft set a $14.00 price target on shares of Lufax and gave the company a “hold” rating in a research report on Thursday, August 27th. Finally, JPMorgan Chase & Co. raised shares of Lufax from a “neutral” rating to an “overweight” rating and set a $20.00 price objective for the company in a research note on Tuesday, July 28th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $17.00.

Institutional Trading of Lufax

A number of hedge funds have recently made changes to their positions in LU. Asset Management One Co. Ltd. boosted its holdings in shares of Lufax by 8.6% during the third quarter. Asset Management One Co. Ltd. now owns 37,853 shares of the company’s stock worth $46,000 after purchasing an additional 2,994 shares during the period. Engineers Gate Manager LP purchased a new position in Lufax during the second quarter valued at approximately $60,000. Public Employees Retirement System of Ohio acquired a new position in Lufax in the 2nd quarter valued at approximately $157,000. Ramsey Quantitative Systems acquired a new position in Lufax in the 2nd quarter valued at approximately $199,000. Finally, Barometer Capital Management Inc. increased its stake in Lufax by 7,538.6% in the 1st quarter. Barometer Capital Management Inc. now owns 534,700 shares of the company’s stock valued at $1,000,000 after buying an additional 527,700 shares during the period. 69.14% of the stock is owned by hedge funds and other institutional investors.

Lufax Trading Down 7.9%

The business’s 50-day simple moving average is $11.40 and its 200-day simple moving average is $17.48. The company has a market cap of $678.80 million, a PE ratio of -1.28 and a beta of 0.69. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.08.

Lufax Company Profile

Lufax Holding Ltd. (NYSE: LU) is a China-based financial services technology company that operates digital platforms for retail and small-business finance. The company connects consumers and small-business owners with financial products and services through online channels and technology-enabled processes.

Lufax’s business has historically included retail lending, wealth management and related financial services. Its platforms have provided access to consumer and small-business loans, investment products and other services offered in cooperation with financial institutions.