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Freedom Holding Corp. (FRHC) Stock Analysis

Recovery setup

SellModerate Confidence

Financial Services · Financial Conglomerates

Sell if holding. Engine safety override at $146.30: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.1/10. Specifically: Below-average business quality.

Freedom Holding Corp. is a Kazakhstan-based financial holding company providing securities brokerage, retail and commercial banking (Freedom Bank KZ, top-8 by assets with $4.4B total assets), and insurance (Freedom Life, 25% Kazakhstan life insurance market share) with 683,000... Read more

$146.30+6.1% A.UpsideScore 4.1/10#4 of 4 Financial Conglomerates
QualityF-score4 / 9FCF yield
Stop $136.06Target $155.18(resistance)A.R:R 0.0:1

Sell if holding. Engine safety override at $146.30: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.1/10. Specifically: Below-average business quality. Chart setup: Death cross but MACD improving, RSI 48. Score 4.1/10, moderate confidence.

Passes 6/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Suitability: moderate.

Recent Developments — Freedom Holding Corp.

Latest news

Generated 2026-05-20T21:06:21Z.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Geographic: Kazakhstan
Quality below floor (3.5 < 4.0)

Key Metrics

P/E (TTM)14630.0
P/E (Fwd)32.5
Mkt Cap$9.0B
EV/EBITDA
Profit Mgn0.2%
ROE0.2%
Rev Growth-14.1%
Beta0.72
DividendNone
Rating analysts

Quality Signals

Piotroski F4/9

Options Flow

P/C0.41bullish
IV45%normal
Max Pain$120-18.0% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHGeographicKazakhstan
    10-K Item 1: 'The main market of our operations is Kazakhstan'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

4 floor-breakers

Revenue shrinking — -14.1% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
0.0
Earnings Growth
1.4
Declining revenue: -14%

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
0.0
Quality Rank
0.0
Growth Rank
0.0

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Roa
0.0
Roe
0.1
Net Margin
0.1
Operating Margin
4.2
Piotroski F
4.4
Moat
4.6
Current Ratio
4.7
Gross Margin
10.0
No competitive moat

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Earnings History
1.1
Earnings Timing
5.0
Surprise Avg
5.7
Earnings concerns: 1B/2MEarnings in 8 days
GatesA.R:R UPSIDE_EXHAUSTED (upside=0.0%)Death cross (50MA < 200MA)EARNINGS PROXIMITY 8d<=14d (soft)Momentum 8.3>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Moderate
RSI
48 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $134.69Resistance $158.35

Price Targets

$136
$155
A.Upside+6.1%
A.R:R0.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (3.5 < 4.0)

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-05-28 (8d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is FRHC stock a buy right now?

Sell if holding. Engine safety override at $146.30: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.1/10. Specifically: Below-average business quality. Chart setup: Death cross but MACD improving, RSI 48. Prior stop was $136.06. Score 4.1/10, moderate confidence.

What is the FRHC stock price target?

Take-profit target: $155.18 (+6.1% upside). Prior stop was $136.06. Stop-loss: $136.06.

What are the risks of investing in FRHC?

Concentration risk — Geographic: Kazakhstan; Quality below floor (3.5 < 4.0).

Is FRHC overvalued or undervalued?

Freedom Holding Corp. trades at a P/E of 14630.0 (forward 32.5). TrendMatrix value score: 4.6/10. Verdict: Sell.

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What does Freedom Holding Corp. do?Freedom Holding Corp. is a Kazakhstan-based financial holding company providing securities brokerage, retail and...

Freedom Holding Corp. is a Kazakhstan-based financial holding company providing securities brokerage, retail and commercial banking (Freedom Bank KZ, top-8 by assets with $4.4B total assets), and insurance (Freedom Life, 25% Kazakhstan life insurance market share) with 683,000 brokerage accounts. Fiscal 2025 total revenue was $2.05B across Brokerage, Banking, Insurance, and Other segments.

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