BitFuFu Inc. (NASDAQ:FUFU – Free Report) – Investment analysts at Diamond Equity lowered their FY2025 earnings estimates for BitFuFu in a research note issued on Tuesday, June 10th. Diamond Equity analyst H. Diamond now anticipates that the company will post earnings per share of $0.10 for the year, down from their prior estimate of $0.27. The consensus estimate for BitFuFu’s current full-year earnings is $0.17 per share.
BitFuFu (NASDAQ:FUFU – Get Free Report) last released its earnings results on Thursday, June 5th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.14). The business had revenue of $99.82 million during the quarter, compared to the consensus estimate of $114.03 million. BitFuFu had a net margin of 8.17% and a return on equity of 40.15%.
Read Our Latest Report on BitFuFu
BitFuFu Stock Up 2.3%
BitFuFu stock opened at $3.07 on Friday. The company has a fifty day simple moving average of $3.77 and a 200 day simple moving average of $4.59. The company has a market cap of $500.74 million, a P/E ratio of 153.50 and a beta of 0.33. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.88. BitFuFu has a 1-year low of $2.91 and a 1-year high of $7.39.
Institutional Trading of BitFuFu
Institutional investors and hedge funds have recently bought and sold shares of the stock. Prospect Financial Group LLC acquired a new stake in BitFuFu during the 4th quarter worth about $50,000. OLD Mission Capital LLC acquired a new stake in BitFuFu during the 4th quarter worth about $67,000. WINTON GROUP Ltd acquired a new stake in BitFuFu during the 4th quarter worth about $83,000. Jane Street Group LLC acquired a new stake in BitFuFu during the 1st quarter worth about $57,000. Finally, Vident Advisory LLC acquired a new stake in BitFuFu during the 1st quarter worth about $905,000. 37.26% of the stock is currently owned by institutional investors and hedge funds.
BitFuFu Company Profile
BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.
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