DeFi Technologies Inc. (NASDAQ:DEFT – Free Report) – Stock analysts at Northland Capmk decreased their FY2026 EPS estimates for shares of DeFi Technologies in a research report issued to clients and investors on Monday, August 18th. Northland Capmk analyst M. Grondahl now expects that the company will post earnings of $0.20 per share for the year, down from their previous forecast of $0.21.
Several other equities research analysts have also recently weighed in on DEFT. HC Wainwright reaffirmed a “buy” rating and issued a $5.50 price target on shares of DeFi Technologies in a research report on Tuesday. Wall Street Zen raised shares of DeFi Technologies to a “hold” rating in a research report on Friday, May 30th. Finally, Maxim Group increased their target price on shares of DeFi Technologies from $6.50 to $7.00 and gave the company a “buy” rating in a research report on Tuesday, May 27th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $6.25.
DeFi Technologies Price Performance
Shares of DEFT opened at $2.15 on Tuesday. The stock has a 50 day simple moving average of $2.87. DeFi Technologies has a fifty-two week low of $1.50 and a fifty-two week high of $4.95. The stock has a market cap of $726.29 million, a PE ratio of 23.89 and a beta of 3.93.
DeFi Technologies (NASDAQ:DEFT – Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.02). DeFi Technologies had a return on equity of 109.68% and a net margin of 43.38%.The business had revenue of $13.42 million during the quarter, compared to analysts’ expectations of $42.08 million.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. WNY Asset Management LLC acquired a new position in DeFi Technologies during the 2nd quarter valued at approximately $29,000. OMERS ADMINISTRATION Corp acquired a new position in DeFi Technologies during the 2nd quarter valued at approximately $31,000. HighMark Wealth Management LLC acquired a new position in DeFi Technologies during the 2nd quarter valued at approximately $35,000. Brookstone Capital Management acquired a new position in DeFi Technologies during the 2nd quarter valued at approximately $37,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in DeFi Technologies during the 2nd quarter valued at approximately $39,000.
About DeFi Technologies
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.
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