Northland Capmk Weighs in on BitFuFu FY2025 Earnings

BitFuFu Inc. (NASDAQ:FUFU) – Equities researchers at Northland Capmk issued their FY2025 earnings per share (EPS) estimates for shares of BitFuFu in a research report issued to clients and investors on Thursday, November 13th. Northland Capmk analyst M. Grondahl forecasts that the company will post earnings per share of $0.08 for the year. The consensus estimate for BitFuFu’s current full-year earnings is $0.17 per share.

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

FUFU has been the subject of several other reports. HC Wainwright reissued a “buy” rating and issued a $7.00 target price on shares of BitFuFu in a research note on Thursday. Weiss Ratings restated a “sell (d+)” rating on shares of BitFuFu in a research report on Wednesday, October 8th. Roth Capital assumed coverage on BitFuFu in a research note on Wednesday, August 13th. They set a “buy” rating and a $6.00 price objective for the company. Finally, Zacks Research upgraded BitFuFu from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. One equities research 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 stock has an average rating of “Moderate Buy” and an average price target of $6.45.

BitFuFu Trading Up 5.3%

Shares of FUFU stock opened at $3.18 on Monday. The company has a market capitalization of $529.41 million, a P/E ratio of 8.15 and a beta of 0.31. BitFuFu has a 12-month low of $2.78 and a 12-month high of $6.24. The company has a quick ratio of 2.58, a current ratio of 2.58 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average price of $3.63 and a 200 day moving average price of $3.61.

Hedge Funds Weigh In On BitFuFu

Several institutional investors and hedge funds have recently made changes to their positions in the business. Wedbush Securities Inc. purchased a new stake in shares of BitFuFu during the first quarter valued at approximately $50,000. Engineers Gate Manager LP bought a new stake in BitFuFu during the 2nd quarter valued at $36,000. Jane Street Group LLC purchased a new stake in BitFuFu during the 1st quarter valued at $57,000. Squarepoint Ops LLC bought a new stake in BitFuFu in the 3rd quarter worth $48,000. Finally, Harvest Portfolios Group Inc. purchased a new position in shares of BitFuFu in the second quarter valued at about $142,000. Institutional investors own 37.26% of the company’s stock.

BitFuFu Company Profile

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.