HC Wainwright Issues Pessimistic Forecast for Fold (NASDAQ:FLD) Stock Price

Fold (NASDAQ:FLD) had its target price reduced by stock analysts at HC Wainwright from $7.00 to $3.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. HC Wainwright’s price objective points to a potential upside of 132.56% from the company’s previous close. HC Wainwright also issued estimates for Fold’s Q1 2026 earnings at ($0.14) EPS.

Several other analysts have also weighed in on FLD. Wall Street Zen lowered Fold from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fold in a report on Thursday, January 22nd. Finally, Cantor Fitzgerald decreased their target price on Fold from $4.50 to $2.00 and set an “overweight” rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $5.00.

Fold Stock Performance

Shares of Fold stock opened at $1.29 on Wednesday. The firm has a market cap of $62.32 million, a PE ratio of -0.54 and a beta of 0.23. The firm’s 50-day simple moving average is $1.70 and its 200-day simple moving average is $2.75. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.44 and a current ratio of 0.86. Fold has a 1 year low of $1.00 and a 1 year high of $8.50.

Insider Buying and Selling at Fold

In other news, CFO Wolfe Repass sold 21,857 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $1.48, for a total transaction of $32,348.36. Following the completion of the transaction, the chief financial officer directly owned 150,377 shares in the company, valued at approximately $222,557.96. The trade was a 12.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders sold a total of 97,120 shares of company stock worth $143,439 over the last quarter. Insiders own 66.80% of the company’s stock.

Institutional Trading of Fold

Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in shares of Fold by 650.5% in the third quarter. Vanguard Group Inc. now owns 1,775,506 shares of the company’s stock worth $6,853,000 after purchasing an additional 1,538,920 shares in the last quarter. Geode Capital Management LLC bought a new stake in shares of Fold during the second quarter valued at about $749,000. Baird Financial Group Inc. acquired a new stake in Fold in the second quarter worth about $445,000. Vontobel Holding Ltd. acquired a new stake in Fold in the third quarter worth about $309,000. Finally, Cypress Point Wealth Management LLC bought a new position in Fold in the 3rd quarter valued at about $210,000. Institutional investors own 56.89% of the company’s stock.

Key Fold News

Here are the key news stories impacting Fold this week:

• Positive Sentiment: HC Wainwright reaffirmed a Buy stance and published a Q1 EPS model (estimated loss of $0.14), keeping a $3.00 price target — the maintained Buy call provides a near-term bullish catalyst despite the lower target. MarketBeat FLD page
• Positive Sentiment: Cantor Fitzgerald kept an Overweight rating on FLD even after cutting its price target, which supports continued institutional interest and buy-side coverage. Analyst Coverage Summary
• Positive Sentiment: After-hours trading showed a sharp uptick following the company’s Q4 release and subsequent commentary, which pushed momentum into the next trading session and likely contributed to today’s price rise. After-hours surge article
• Neutral Sentiment: Multiple media stories about foldable smartphone leaks (Apple, Samsung, Pixel) are generating noise because they use the word “fold” but are unrelated to Fold Holdings’ business; they can attract attention but are unlikely to change fundamentals. Representative coverage: Foldable phone leak
• Negative Sentiment: Several firms cut price targets and trimmed forecasts after Q4 results — HC Wainwright lowered its PT from $7.00 to $3.00 and Cantor Fitzgerald lowered theirs as well — signaling reduced near-term expectations and limiting upside. Analyst cuts article TickerReport
• Negative Sentiment: Short-term financials show liquidity pressure (current ratio ~0.86) and meaningful leverage (debt-to-equity ~1.09), which are structural headwinds if revenue growth doesn’t accelerate. (Source: recent company/market data)

Fold Company Profile

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.