Fold (NASDAQ:FLD) Given New $2.00 Price Target at Cantor Fitzgerald

Fold (NASDAQ:FLD) had its target price cut by Cantor Fitzgerald from $4.50 to $2.00 in a report released on Wednesday,Benzinga reports. They currently have an overweight rating on the stock.

FLD has been the topic of several other reports. Wall Street Zen cut shares of Fold from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. HC Wainwright reissued a “buy” rating and set a $7.00 price objective on shares of Fold in a research report on Monday, February 9th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Fold in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $5.00.

Fold Stock Down 4.5%

FLD stock opened at $1.07 on Wednesday. Fold has a 12-month low of $1.00 and a 12-month high of $8.50. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.87. The company has a market cap of $51.69 million, a price-to-earnings ratio of -0.45 and a beta of 0.23. The company has a 50 day moving average of $1.73 and a two-hundred day moving average of $2.76.

Insider Buying and Selling

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

Institutional Investors Weigh In On Fold

Institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC bought a new stake in Fold in the second quarter worth $749,000. DLD Asset Management LP bought a new position in Fold during the second quarter valued at about $102,000. Van Hulzen Asset Management LLC acquired a new stake in shares of Fold in the second quarter worth about $43,000. Baird Financial Group Inc. acquired a new stake in shares of Fold in the second quarter worth about $445,000. Finally, Osaic Holdings Inc. bought a new stake in shares of Fold during the 2nd quarter worth about $121,000. Institutional investors and hedge funds own 56.89% of the company’s stock.

Fold News Roundup

Here are the key news stories impacting Fold this week:

• Positive Sentiment: Strong reported metrics and corporate actions: Fold posted 2025 revenue of $31.8M (up 34% YoY) and transaction volumes of $960M (up 46% YoY); it launched a Bitcoin credit card and enterprise services, and retired convertible notes to simplify its capital structure — all items that support growth and derisking. Q4 & Full Year 2025 Results
• Positive Sentiment: After‑hours buying pushed the stock higher following the release — investors appear to be reacting to the revenue/volume beats and the capital structure cleanup, producing short‑term upside momentum. After‑Hours Move Explained
• Neutral Sentiment: Broader consumer electronics/foldable phone leaks and coverage are generating general market chatter about foldable form factors; this is industry news rather than company‑specific fundamentals and is unlikely to be a primary driver for FLD. Fold Phone Coverage
• Negative Sentiment: Analysts trimmed forecasts and slashed price targets after the quarter: HC Wainwright cut its target from $7.00 to $3.00 (still a “buy”) and Cantor Fitzgerald cut its target from $4.50 to $2.00 (still “overweight”). Those downgrades reduce near‑term analyst optimism and can cap upside in the near term. HC Wainwright & Cantor Fitzgerald Coverage
• Negative Sentiment: Several outlets report analysts cutting forecasts after Q4, describing the results as mixed; lowered estimates and caution from sell‑side models are weighing on sentiment despite some constructive headlines in the report. Analyst Forecast Cuts

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.