Fold (NASDAQ:FLD) Given New $3.00 Price Target at HC Wainwright

Fold (NASDAQ:FLD) had its price target cut by HC Wainwright from $7.00 to $3.00 in a research report released on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other brokerages have also commented on FLD. Wall Street Zen lowered Fold from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Cantor Fitzgerald reduced their target price on shares of Fold from $4.50 to $2.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Fold in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $5.00.

Fold Price Performance

Shares of NASDAQ FLD opened at $1.07 on Wednesday. The firm has a market cap of $51.69 million, a P/E ratio of -0.45 and a beta of 0.23. The business’s 50 day moving average is $1.73 and its 200-day moving average is $2.76. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.87. Fold has a 1-year low of $1.00 and a 1-year high of $8.50.

Insider Activity at Fold

In related news, CFO Wolfe Repass sold 21,857 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $1.48, for a total value of $32,348.36. Following the completion of the transaction, the chief financial officer 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 document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 97,120 shares of company stock valued at $143,439 in the last quarter. 66.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Fold

A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Fold by 650.5% in the 3rd quarter. Vanguard Group Inc. now owns 1,775,506 shares of the company’s stock valued at $6,853,000 after buying an additional 1,538,920 shares in the last quarter. Geode Capital Management LLC acquired a new stake in shares of Fold during the 2nd quarter worth approximately $749,000. Baird Financial Group Inc. acquired a new stake in shares of Fold during the 2nd quarter worth approximately $445,000. Vontobel Holding Ltd. bought a new position in Fold in the third quarter valued at approximately $309,000. Finally, Cypress Point Wealth Management LLC bought a new position in Fold in the third quarter valued at approximately $210,000. 56.89% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Fold

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

About Fold

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.