B. Riley Forecasts Stronger Earnings for DeFi Technologies

DeFi Technologies Inc. (NASDAQ:DEFT) – B. Riley raised their FY2025 EPS estimates for DeFi Technologies in a report released on Monday, June 16th. B. Riley analyst H. Goetsch now forecasts that the company will post earnings of $0.37 per share for the year, up from their previous forecast of $0.28.

DEFT has been the topic of several other reports. HC Wainwright boosted their price target on shares of DeFi Technologies from $4.50 to $5.50 and gave the stock a “buy” rating in a report on Thursday, May 15th. Maxim Group boosted their price target on shares of DeFi Technologies from $6.50 to $7.00 and gave the stock a “buy” rating in a report on Tuesday, May 27th. Finally, Wall Street Zen upgraded shares of DeFi Technologies to a “hold” rating in a report on Friday, May 30th.

DeFi Technologies Stock Up 2.5%

NASDAQ:DEFT opened at $2.82 on Thursday. DeFi Technologies has a one year low of $1.04 and a one year high of $4.95. The stock has a market cap of $949.10 million, a PE ratio of 9.72 and a beta of 5.25.

DeFi Technologies Company Profile

DeFi Technologies, Inc engages in the provision of investment services. It plans to acquire equity, debt, or other securities of publicly traded or private companies or other entities. The firm offers DeFi ETNs, DeFi Governance, DeFi Venture and DeFi Treasury. The company was founded by Olivier Francois Roussy Newton and Wouter Witvoet on April 14, 1986 and is headquartered in Toronto, Canada.