FY2025 Earnings Forecast for BitFuFu Issued By HC Wainwright

BitFuFu Inc. (NASDAQ:FUFU) – Analysts at HC Wainwright reduced their FY2025 earnings per share estimates for BitFuFu in a report released on Thursday, November 13th. HC Wainwright analyst K. Dede now expects that the company will earn $0.07 per share for the year, down from their prior forecast of $0.13. HC Wainwright has a “Buy” rating and a $7.00 price target on the stock. The consensus estimate for BitFuFu’s current full-year earnings is $0.17 per share. HC Wainwright also issued estimates for BitFuFu’s Q4 2025 earnings at $0.01 EPS and FY2026 earnings at $0.09 EPS.

A number of other research firms also recently weighed in on FUFU. Weiss Ratings reissued a “sell (d+)” rating on shares of BitFuFu in a research report on Wednesday, October 8th. Zacks Research raised shares of BitFuFu from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 10th. Finally, Roth Capital began coverage on shares of BitFuFu in a report on Wednesday, August 13th. They issued a “buy” rating and a $6.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $6.45.

BitFuFu Price Performance

Shares of FUFU opened at $3.18 on Monday. The business has a 50-day moving average of $3.63 and a 200-day moving average of $3.61. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.58 and a quick ratio of 2.58. The company has a market capitalization of $529.41 million, a price-to-earnings ratio of 8.15 and a beta of 0.31. BitFuFu has a 1 year low of $2.78 and a 1 year high of $6.24.

BitFuFu (NASDAQ:FUFU) last announced its earnings results on Wednesday, November 12th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.03 by $0.03. BitFuFu had a return on equity of 16.60% and a net margin of 13.57%.The firm had revenue of $180.67 million for the quarter, compared to the consensus estimate of $130.17 million.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Vident Advisory LLC acquired a new stake in shares of BitFuFu in the 1st quarter worth about $905,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in BitFuFu in the 2nd quarter valued at about $529,000. Vontobel Holding Ltd. acquired a new position in BitFuFu during the 3rd quarter valued at about $521,000. Invesco Ltd. bought a new stake in BitFuFu during the 2nd quarter worth approximately $321,000. Finally, Harvest Portfolios Group Inc. increased its holdings in BitFuFu by 153.9% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 111,987 shares of the company’s stock worth $420,000 after purchasing an additional 67,882 shares in the last quarter. 37.26% of the stock is currently owned by institutional investors and hedge funds.

About BitFuFu

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.