AMTD IDEA Group (AMTD) AI Stock Analysis
AMTD AI stock analysis summary
AI ResearchAMTD IDEA Group is a Hong Kong-based investment holding company operating across Investment Banking, Asset Management, and Strategic Investment. Revenue declined at a 5-year CAGR of -44.6% between FY2020 and FY2025, reaching $57.2M in FY2025. Over the trailing twelve months, revenue was $88.5M while quarterly revenue fell 82.6% year-over-year in the period ended March 31, 2026.
- Market cap
- $39.9M
- Revenue (TTM)
- $88.5M
- P/E
- 0.0x
- 1Y return
- -52.6% S&P 500 16.8%
- Avg. target
- $9.00 1707.2% vs last close
Bull case
- Revenue grew 5.8% year-over-year in FY2025 to $57.2M, reversing consecutive years of sharp annual top-line declines.
- The balance sheet maintains low financial leverage, highlighted by a debt-to-equity ratio of 0.17 and a current ratio of 8.83 as of March 31, 2026.
- The analyst mean price target of $9.00 stands 1707.2% above the last closing price of $0.50.
Bear case
- Revenue contracted at a 5-year CAGR of -44.6% between FY2020 and FY2025, shrinking from $1.39B in FY2021 to $57.2M in FY2025.
- Quarterly revenue fell 82.6% and quarterly earnings dropped 97.3% year-over-year in the quarter ended March 31, 2026.
- The stock price fell 97.9% over the past 5 years and trades 45.6% below its 200-day average.
What AMTD IDEA does
AMTD IDEA Group is an investment holding company headquartered in Central, Hong Kong, with activities in Hong Kong, Mainland China, the United States, and other global markets. Formerly known as AMTD International Inc. before rebranding in 2019, the firm operates three primary divisions: Investment Banking, Asset Management, and Strategic Investment. Investment Banking provides equity and debt underwriting, securities brokerage, research, and advisory services such as credit rating and mergers and acquisitions. Asset Management offers investment management and advisory products, while Strategic Investment focuses on long-term positions in Asian financial and new economy companies, leveraging its ties with AMTD Group Company Limited.
Growth and profitability
Revenue fell sharply from $1.39B in FY2021 to $1.04B in FY2022, $171.8M in FY2023, and $54.1M in FY2024, before increasing 5.8% to $57.2M in FY2025. Net income dropped from $1.23B in FY2021 to $43.6M in FY2025, with net margins moving from 88.5% in FY2021 to 76.2% in FY2025. Operating margin rose to 80.2% in FY2025 from 48.2% in FY2024. For the trailing twelve months through March 31, 2026, revenue stood at $88.5M with an operating margin of -336.4% and a profit margin of 49.3%. In the latest quarter ended March 31, 2026, quarterly revenue fell 82.6% and quarterly earnings fell 97.3% year-over-year.
Balance sheet and cash flow
As of March 31, 2026, AMTD IDEA Group reported $59.4M in cash and short-term investments alongside total debt of $292.4M, resulting in net debt of $233.0M. Total assets stood at $2.30B, while shareholders' equity was $1.74B, yielding a debt-to-equity ratio of 0.17 and a current ratio of 8.83. Free cash flow decreased from $434.8M in FY2021 to $17.1M in FY2025, with operating cash flow at $17.8M in FY2025. Capital expenditures in FY2025 were $746,000, and the share count grew 149.8% over the past 5 years.
Valuation and performance
AMTD IDEA Group trades at an enterprise value of $1.74B compared to a market cap of $39.9M. Its price-to-sales multiple is 0.5x, compared to 3.2x for the median of its US-listed Financial Services peers. The firm's EV-to-EBITDA ratio of 19.0x exceeds the peer group median of 11.7x, while its EV-to-revenue multiple is 30.5x. Over the past year, the stock fell 52.6%, and over five years it fell 97.9%, while the S&P 500 (SPY) returned 16.8% and 83.0% over those respective periods.
What analysts expect
Wall Street analysts carry a mean price target of $9.00 for AMTD IDEA Group, representing an implied premium of 1707.2% over its last close of $0.50 on October 16, 2026. The firm recorded 0 EPS beats over the last 4 quarters, and trailing twelve months EPS was $28.80.
Key risks and what to watch
- The share count expanded by 149.8% over 5 years, presenting continuing share dilution.
- Operating margin turned negative to -336.4% on a trailing twelve months basis through March 31, 2026.
- Net debt totaled $233.0M as of March 31, 2026, with cash of $59.4M against $292.4M in total debt.
- The company logged 0 EPS beats over the last 4 quarters, highlighting persistent earnings volatility.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this AMTD AI stock analysis
This page is an AI-written research summary of AMTD IDEA Group (AMTD). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: AMTD income statement, AMTD balance sheet, AMTD key metrics, AMTD chart. See the AMTD stock overview for the latest quote and news.
AMTD AI stock analysis FAQ
What is AMTD IDEA Group's stock price and return performance?
As of October 16, 2026, AMTD closed at $0.50. The stock has posted a 1-year return of -52.6% and a 5-year return of -97.9%.
Does AMTD IDEA Group pay a dividend?
AMTD IDEA Group does not currently pay a dividend.
What is AMTD IDEA Group's revenue and earnings trend?
Annual revenue went from $1.39B in FY2021 to $57.2M in FY2025, representing a 5-year CAGR of -44.6%. In the quarter ended March 31, 2026, quarterly revenue fell 82.6% year-over-year and quarterly earnings fell 97.3%.
What is the analyst price target for AMTD?
The mean analyst price target is $9.00, which is 1707.2% above the last closing price of $0.50.