Qifu Tech

Qfin Technology experienced a single-session decline during regular trading, opening at ET 09:30 at $16.385 and dropping to a low of $15.540 by 10:58, a daily loss of 5.07%, and a retreat of over 6% from the pre-market high of $16.535. The primary driver was the Q1 2026 earnings report, which showed a 12.42% year-over-year revenue decline to $565.5 million, a 48.44% drop in net profit to $127.8 million, and EPS of $1.0358, down 40.38% YoY. Currently at $15.54, the stock is 65.5% below its 52-week high of $45.05, down 18.43% YTD, but has recovered 37.4% from the 52-week low of $11.31 and is trading above both its MA20 ($15.205) and MA60 ($14.175). However, some analysts have raised their price target to $21.72, reflecting a mixed outlook on the company's long-term prospects.