UP Fintech (TIGR) Jumps as Earnings Leap 1,500%

We recently published 10 Stocks Crushing Wall Street’s Wildest Expectations. UP Fintech Holding Ltd. (NASDAQ:TIGR) is one of the best performers on Thursday.

UP Fintech saw its share prices jump by 10.72 percent on Thursday to close at $12.81 apiece as investor sentiment was bolstered by a 1,500 percent surge in its income performance in the second quarter of the year.

In its updated report, UP Fintech Holding Ltd. (NASDAQ:TIGR) said net income attributable to shareholders increased to $41.4 million from $2.59 million in the same period last year. Total net revenues climbed by 64 percent to $121.38 million from $73.85 million in the same period last year.

In the same period, UP Fintech Holding Ltd. (NASDAQ:TIGR) registered an 11 percent increase in the number of customer accounts at 2.58 million versus 2.3 million in the same period last year, and experienced a strong customer engagement, thanks to its more diversified product offering and supportive market backdrop.

“Year-to-date, we have onboarded over 100,000 new customers with deposits, reinforcing our confidence in achieving our annual target of 150,000 new customers with deposits for 2025,” said UP Fintech Holding Ltd. (NASDAQ:TIGR) Chairman and CEO Wu Tianhua.

While we acknowledge the potential of TIGR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.