FRHC — Freedom Holding Corp

✨ Hidden Gem Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates FRHC Bullish with a Setup Score of 32, net conviction 43, actionability 24. How the Setup Score works →

Total Setup Score32
Directional BiasBullish
Net Conviction43
Actionability24 (in range)

Key signals behind this score

About Freedom Holding Corp

Freedom Holding Corp., through its subsidiaries, provides securities brokerage, securities dealing, market making, investment research, investment counseling, retail and commercial banking, and insurance products. It operates through four segments: Brokerage, Banking, Insurance, and Other. The Brokerage segment provides investment banking services, including M&A, underwriting and capital markets advisory; margin lending services collateralized by… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$171.02
Market Cap$10.51B
Float20.7M
Shares Outstanding63.8M
P/E (Forward)12.29
P/E (TTM)68.63
Price/Sales (TTM)6.00
vs. Analyst Target-55.6% to analyst PT
Profit Margin8.43%
Operating Margin (TTM)5.01%
Revenue (TTM)$1.75B
Earnings Growth (YoY)-14.80%
Dividend RateNone
Analyst Target Price$76.00

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2021 $347M $150M $201M $177M
2022 $690M $227M $503M $444M
2023 $796M $205M $571M $450M
2024 $1.66B $376M $1.16B $951M
2025 $2.03B $84.7M $1.07B $666M
2026 $2.19B $153M $1.58B $750M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $531M $38.7M
Dec 2025 $616M $76.2M
Mar 2026 $467M $8.0M
Jun 2026 $124M $31.7M

Ownership & Float

Insider Ownership68.1%
Institutional Ownership3.6%
Short Float5.1%
% of All Funds Holding1.66%
Number of Funds Holding146

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$154.92Near-term / short-term trend
Weekly40-Week SMA$140.41Medium-term trend
Weekly80-Week SMA$147.15Cyclical trend (business cycle)
Weekly200-Week SMA$109.92Secular trend (multi-year)
Monthly10-Month SMA$138.77Near-term monthly trend
Monthly20-Month SMA$147.26Medium-term monthly trend
Monthly40-Month SMA$117.29Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$133.00 support 1.49x 0 months ago
$95.00 support 1.29x 21 months ago
$76.00 support 1.38x 24 months ago

Historical Earnings Reactions (34 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.81% 0.20% 55.88% 6.25% -2.78%
1 Day 1.12% 0.68% 64.71% 6.94% -3.51%
1 Week 2.16% 2.32% 70.59% 15.73% -11.11%
2 Weeks 2.07% 1.69% 60.61% 14.53% -11.11%
1 Month 3.43% 2.31% 54.55% 50.26% -22.47%

Next earnings: August 14, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.5%75.0%8
Feb2.3%62.5%8
Mar-2.9%11.1%9
Apr-1.0%55.6%9
May6.1%77.8%9
Jun3.7%44.4%9
Jul7.6%55.6%9
Aug9.6%87.5%8
Sep-1.6%50.0%8
Oct6.0%75.0%8
Nov7.8%75.0%8
Dec3.0%37.5%8

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.03% 48.3% 404
Tuesday 0.11% 52.3% 442
Wednesday 0.35% 54.8% 438
Thursday 0.13% 51.4% 432
Friday 0.20% 53.0% 430

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 3.6%

Insider Transactions — Smart Summary

Total insider ownership: 68.1%

Founder-led management: Timur Turlov (Chief Executive Officer & Chairman of the Board)

12-Month Insider Activity Summary

Total Filings11
Net Value-$3.9M
Net Shares Change-20,547
% of Float-0.1%
C-Suite Filings8
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Lukyanov Sergey Chairman of the Management Board of Freedom Finance JSC and Chairman of the Board of Freedom Finance Global PLC +$3.4M 2 2 buy
Ler Evgeny Chief Financial Officer -$3.2M 1 1 sell
Yerdessov Azamat Freedom Life Chief Exec. Ofc. -$3.0M 2 2 sell
Tukanov Renat CHIEF TECHNOLOGY OFFICER -$1.2M 3 3 sell
CHERDABAYEV BORIS -$86,397.42 1 1 sell
Gamble Andrew -$50,351.28 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-08-28 – 2025-09-02 3 3 +$106,781.048 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-08-21 Ler Evgeny Chief Financial Officer -$3.2M Transaction at $158.63, now +7.8%
2026-08-14 Tukanov Renat CHIEF TECHNOLOGY OFFICER -$408,375 Transaction at $151.25, now +13.1%
2026-06-24 Tukanov Renat CHIEF TECHNOLOGY OFFICER -$253,476 Transaction at $140.82, now +21.4%
2026-06-08 Yerdessov Azamat Freedom Life Chief Exec. Ofc. -$2.6M Transaction at $155.48, now +10.0%
2026-02-27 Lukyanov Sergey Chairman of the Management Board of Freedom Finance JSC and Chairman of the Board of Freedom Finance Global PLC +$2.4M Transaction at $120.52, now +41.9%
2026-07-22 CHERDABAYEV BORIS -$86,397.42 Transaction at $135.84, now +25.9%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Freedom Holding Corp (FRHC) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for FRHC on Trend Edge →