Freedom Hldg Corp Nev Stock Price, News & Analysis

Freedom Capital Markets (NASDAQ:FRHC), a subsidiary of Freedom Holding Corporation, announced a significant expansion of its platform with strategic hires across multiple divisions. The firm has added seven new research analysts covering sectors including Advanced Technology, Digital Health, Healthcare Services, MedTech, Restaurants, Chemicals, and FinTech.

The company has strengthened its Institutional Sales team with five new professionals covering different regions across the United States and Canada. Additionally, James Ramp has been appointed as the new Head of Investment Banking, bringing over 30 years of management experience. The firm also added Joseph Radic as Sales Trader with more than 20 years of institutional trading experience.

Freedom Holding Corp. (NASDAQ: FRHC) announced that BlackRock, Inc. has significantly increased its stake in the company to 0.85%, with an investment of approximately $89 million. BlackRock has become FRHC's second-largest shareholder after acquiring an additional 443,965 shares, bringing its total holding to 520,565 shares.

The investment positions BlackRock as the second-largest shareholder after founder and CEO Timur Turlov. Other notable institutional investors include State Street Corp., Grace Partners of DuPage L.P., and Geode Capital Management. BlackRock, managing over $12.5 trillion in assets, is known for its iShares ETFs and Aladdin technology platform.

Freedom Holding Corp. (Nasdaq: FRHC) reported strong Q1 FY2026 financial results with revenue growing 17% year-over-year to $533.4 million. The company's performance was driven by significant growth in its banking segment (+60% to $146.2M) and insurance operations (+18% to $174M).

Key highlights include net income of $30.4 million ($0.50 per diluted share), operating cash flow of $480.8M, and total assets of $9.69B. The banking division expanded its customer base to 2.9M users, while insurance clients reached 1.4M. The brokerage segment grew modestly at 1% to $176.3M, with accounts increasing to 725,000.

Notable developments include a positive net gain on trading securities of $45.6M compared to a $52.1M loss in the previous year, primarily due to Kazakhstan government bonds' performance. The company also completed the acquisition of Astel Group Ltd to strengthen its telecom infrastructure.

Freedom Holding Corp. (NASDAQ: FRHC) reported strong Q1 FY2026 results with total revenue increasing 17% to $533.4 million compared to $455 million in the prior year. The multinational financial services company, present in 22 countries, achieved net income of $30.4 million ($0.50 per diluted share).

Key performance metrics include: total assets of $9.7 billion, customer base growth to 5.3 million across segments, and significant revenue increases in brokerage ($176.3M), banking ($146.2M, +60%), and insurance ($174.0M, +18%) segments. The company was added to the Russell 3000® Index and received a positive outlook revision from S&P Global Ratings.

Notable developments include the acquisition of Astel Group Ltd for $22.3 million to enhance telecommunications capabilities, and continued expansion of their digital infrastructure through their Super App platform.

Freedom Holding Corp. (NASDAQ:FRHC) successfully concluded the 2025 FIDE World Schools Team Championship and Smart Moves Summit in Alexandria, USA, from August 2-7, 2025. The championship featured teams from 50 countries, with India's Velammal MHS School securing first place, followed by Kazakhstan's National School of Physics and Mathematics, and USA's Harker School.

The parallel Smart Moves Summit (August 4-5) brought together education, sports, and technology experts to discuss chess integration in education. FRHC CEO Timur Turlov, who also heads the International School Chess Federation, highlighted the company's successful implementation of chess programs in 500 Kazakhstan schools, with plans to expand to 700 more schools next year.

Freedom Holding Corp. (NASDAQ:FRHC) hosted Day One of the Smart Moves Summit 2025, focusing on strategic leadership in global chess education. The event featured CEO Timur Turlov and various chess education experts discussing the integration of chess in early education and its role in child development.

The summit included sessions on educational equity through chess, educational technology in chess learning, and building public-private partnerships. The day concluded with masterclasses on integrating chess into math instruction and cognitive development programs.

Turlov, who also serves as president of Kazakhstan Chess Federation, emphasized chess's potential role in addressing modern attention and concentration challenges in education.

Freedom Holding Corp. (NASDAQ:FRHC) has announced its sponsorship of two major chess events: the 2025 FIDE World Schools Team Championship and the Smart Moves Summit, scheduled for August 3-6, 2025, in Alexandria, near Washington, D.C.

The championship will unite young chess players from 47 countries, marking the first time school chess teams will compete in the U.S. capital. The company's founder and CEO, Timur Turlov, who also heads the International School Chess Federation (ISCF), emphasizes the importance of supporting young chess talent and creating opportunities for the next generation.

First Trust Financials AlphaDEX Fund (NASDAQ: FXO) has become the second-largest shareholder of Freedom Holding Corp. (NASDAQ: FRHC), following its acquisition of 185,000 shares. The investment makes FXO the largest institutional investor after CEO Timur Turlov, with FRHC now representing a 1.22% weighting in the fund's underlying index.

The investment highlights Freedom Holding's strong fundamentals and growth potential. S&P Global Ratings has revised the outlook for FRHC's core subsidiaries from "Stable" to "Positive" while maintaining their 'B+/B' credit ratings. The parent company's rating remains at 'B-' with a Stable outlook. Additionally, the Stanford Graduate School of Business has included FRHC as its first Central Asian case study.

Freedom Holding Corp. (NASDAQ: FRHC), a multinational financial services company, received positive outlook revisions from S&P Global Ratings for its key subsidiaries. S&P affirmed B+/B ratings for Freedom Finance JSC, Freedom Finance Europe, Freedom Finance Global, and Freedom Bank Kazakhstan, while maintaining Freedom Holding Corp.'s B- rating with stable outlook.

The upgrade reflects significant improvements in risk management and compliance. Despite a reduction in fiscal 2025 due to banking segment losses, the company maintains strong earnings with a three-year average core earnings to risk-weighted assets of 2.6%. The company serves approximately 5 million customers, including 4.4 million financial clients, through its SuperApp platform.

S&P indicated potential for further rating upgrades within 12 months, contingent on continued strengthening of risk management, maintaining moderate risk appetite, and keeping capitalization above 10%.