Fold (NASDAQ:FLD) Stock Price Up 6.1% – Here’s What Happened

Shares of Fold Holdings, Inc. (NASDAQ:FLD) shot up 6.1% during mid-day trading on Wednesday . The company traded as high as $2.65 and last traded at $2.61. 189,011 shares were traded during mid-day trading, an increase of 32% from the average session volume of 143,024 shares. The stock had previously closed at $2.46.

Fold News Roundup

Here are the key news stories impacting Fold this week:

• Positive Sentiment: Short‑term retail/speculative buying tied to CES “fold” headlines — many consumers and momentum traders can confuse or chase tickers that match popular news (the word “Fold” is trending across CES coverage). This is likely the iPhone Fold display, and it looks amazing
• Positive Sentiment: Intraday volume pickup — trading volume today exceeded the stock’s average (189k vs ~124k), which can amplify price moves for a small‑cap name like FLD and support short‑term rallies.
• Neutral Sentiment: Motorola unveiled and demoed the Razr Fold with wide press coverage; reviewers note it’s now a credible rival to Samsung/Google foldables — this increases sector attention but is unrelated to Fold Holdings’ business model. Motorola Razr Fold Debuts to Take On Samsung and Google’s Book-Style Phones
• Neutral Sentiment: Samsung and other panel makers showed creaseless/foldable OLED advances at CES, keeping foldable hardware in headlines — boosts general investor interest in “fold” themes but not FLD fundamentals. Samsung Shows Off First Crease-less OLED Panel
• Neutral Sentiment: Apple/iPhone Fold rumors and demonstrations of crease‑proof screens continue to circulate, further amplifying the “fold” narrative across tech media. This is probably the iPhone Fold’s crease-proof screen
• Neutral Sentiment: LG showed a CLOiD robot that folds laundry — more “fold” headlines from CES but no connection to Fold Holdings’ fintech/crypto operations. LG’s CLOiD robot can fold laundry and serve food very slowly
• Negative Sentiment: Company fundamentals remain weak — Fold reported a recent EPS miss and revenue shortfall (company reported ($0.15) EPS vs. ($0.12) expected; revenue $7.4M vs. $9.2M consensus), which argues against longer‑term bullishness absent clear operational improvement.
• Negative Sentiment: Technical/financial headwinds — FLD trades below its 50‑ and 200‑day moving averages, has a negative P/E, and a meaningful debt load (debt/equity ~0.87). These factors make any headline‑driven upticks vulnerable to reversal.

Wall Street Analyst Weigh In

A number of research firms have weighed in on FLD. Wall Street Zen upgraded Fold from a “sell” rating to a “hold” rating in a report on Sunday, November 30th. Weiss Ratings restated a “sell (d)” rating on shares of Fold in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fold has a consensus rating of “Moderate Buy” and a consensus price target of $7.83.

Fold Stock Performance

The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $126.08 million, a P/E ratio of -3.48 and a beta of 0.19. The business’s 50 day simple moving average is $2.98 and its two-hundred day simple moving average is $3.62.

Fold (NASDAQ:FLD) last issued its earnings results on Monday, November 10th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.03). The firm had revenue of $7.40 million for the quarter, compared to analysts’ expectations of $9.20 million.

Institutional Trading of Fold

A number of institutional investors and hedge funds have recently modified their holdings of FLD. Millennium Management LLC bought a new position in shares of Fold during the third quarter valued at $97,000. Shay Capital LLC bought a new stake in Fold in the 3rd quarter worth about $92,000. Squarepoint Ops LLC purchased a new position in Fold in the 3rd quarter worth about $46,000. Union Square Park Capital Management LLC lifted its stake in Fold by 50.7% during the 3rd quarter. Union Square Park Capital Management LLC now owns 89,130 shares of the company’s stock valued at $344,000 after acquiring an additional 29,974 shares during the period. Finally, SevenBridge Financial Group LLC bought a new position in Fold during the 3rd quarter valued at about $39,000. Institutional investors own 56.89% of the company’s stock.

About Fold

Fold, trading under the ticker FLD on the NASDAQ, is a financial technology company specializing in bitcoin rewards and cryptocurrency-based consumer products. The company’s core offering enables users to earn bitcoin on everyday purchases through a prepaid Visa debit card, converting traditional currency transactions into bitcoin rewards at no extra cost. By partnering with major payment networks and merchant platforms, Fold aims to bridge the gap between mainstream spending and digital asset adoption.

Beyond the debit card, Fold offers a mobile application that integrates with the Bitcoin Lightning Network to facilitate faster and more cost-efficient transactions.