FY2025 Earnings Estimate for BitFuFu Issued By HC Wainwright

BitFuFu Inc. (NASDAQ:FUFU) – HC Wainwright lowered their FY2025 EPS estimates for BitFuFu in a report issued on Thursday, November 13th. HC Wainwright analyst K. Dede now expects that the company will post earnings per share of $0.07 for the year, down from their prior estimate 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.

FUFU has been the subject of several other reports. Zacks Research raised BitFuFu from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. Weiss Ratings restated a “sell (d+)” rating on shares of BitFuFu in a research report on Wednesday, October 8th. Finally, Roth Capital started coverage on shares of BitFuFu in a research report on Wednesday, August 13th. They set a “buy” rating and a $6.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $6.45.

BitFuFu Trading Up 5.3%

Shares of FUFU stock opened at $3.18 on Monday. The stock has a market cap of $529.41 million, a P/E 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. The company has a current ratio of 2.58, a quick ratio of 2.58 and a debt-to-equity ratio of 0.47. The stock has a 50 day simple moving average of $3.63 and a 200 day simple moving average of $3.61.

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Vident Advisory LLC boosted its holdings in shares of BitFuFu by 24.3% during the 2nd quarter. Vident Advisory LLC now owns 245,497 shares of the company’s stock valued at $793,000 after acquiring an additional 47,987 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of BitFuFu during the second quarter worth about $529,000. Vontobel Holding Ltd. bought a new stake in shares of BitFuFu during the third quarter worth about $521,000. Harvest Portfolios Group Inc. increased its stake in shares of BitFuFu by 153.9% in the third quarter. Harvest Portfolios Group Inc. now owns 111,987 shares of the company’s stock valued at $420,000 after buying an additional 67,882 shares during the period. Finally, Invesco Ltd. bought a new position in BitFuFu in the 2nd quarter valued at approximately $321,000. 37.26% of the stock is currently owned by institutional investors.

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.