HC Wainwright Weighs in on Fold’s Q2 Earnings (NASDAQ:FLD)

Fold Holdings, Inc. (NASDAQ:FLD) – Equities research analysts at HC Wainwright issued their Q2 2026 earnings per share estimates for Fold in a report issued on Wednesday, March 18th. HC Wainwright analyst K. Dede expects that the company will post earnings per share of ($0.14) for the quarter. HC Wainwright currently has a “Buy” rating and a $3.00 target price on the stock. HC Wainwright also issued estimates for Fold’s Q3 2026 earnings at ($0.14) EPS, Q4 2026 earnings at ($0.14) EPS and FY2026 earnings at ($0.56) EPS.

Other research analysts have also issued reports about the company. Cantor Fitzgerald reduced their price target on Fold from $4.50 to $2.00 and set an “overweight” rating for the company in a research report on Wednesday. Wall Street Zen downgraded Fold from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Fold in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Fold has an average rating of “Moderate Buy” and a consensus price target of $5.00.

Fold Stock Down 10.1%

Fold stock opened at $1.16 on Friday. The company has a quick ratio of 1.44, a current ratio of 0.86 and a debt-to-equity ratio of 1.09. The firm has a market cap of $56.04 million, a P/E ratio of -0.48 and a beta of 0.23. The business has a fifty day moving average of $1.67 and a two-hundred day moving average of $2.73. Fold has a twelve month low of $1.00 and a twelve month high of $8.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in FLD. Geode Capital Management LLC acquired a new position in Fold during the 2nd quarter valued at about $749,000. DLD Asset Management LP purchased a new stake in Fold in the second quarter valued at about $102,000. Van Hulzen Asset Management LLC acquired a new stake in Fold in the second quarter worth about $43,000. Baird Financial Group Inc. acquired a new stake in Fold in the second quarter worth about $445,000. Finally, Osaic Holdings Inc. purchased a new stake in shares of Fold during the second quarter worth about $121,000. 56.89% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Fold

In other news, CFO Wolfe Repass sold 21,857 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $1.48, for a total transaction of $32,348.36. Following the transaction, the chief financial officer directly owned 150,377 shares of the company’s stock, valued at approximately $222,557.96. This represents a 12.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 97,120 shares of company stock valued at $143,439 over the last 90 days. 66.80% of the stock is currently owned by insiders.

Fold News Roundup

Here are the key news stories impacting Fold this week:

• Positive Sentiment: HC Wainwright continues to carry a “Buy” rating and a $3.00 price target on FLD, providing an upside anchor for bulls despite more conservative earnings estimates. HC Wainwright Issues Pessimistic Forecast for Fold (NASDAQ:FLD) Stock Price
• Neutral Sentiment: Northland Securities published detailed Q1–Q4 and FY2026 EPS forecasts for FLD, projecting quarterly losses of roughly ($0.14)–($0.15) and a FY2026 loss of about ($0.57) — useful visibility on expected near-term profitability but not a rating change. Fold Holdings, Inc. (FLD) — MarketBeat
• Neutral Sentiment: Broader industry headlines around upcoming foldable iPhone and Samsung foldable releases are generating sector attention; these product-cycle rumors may drive thematic interest in anything “fold”-branded but are not directly tied to FLD’s fundamentals. Rumor: iPhone Fold may launch months after iPhone 18 Pro
• Negative Sentiment: Cantor Fitzgerald lowered its price target on FLD to $2.00, signaling reduced near-term upside from that shop and adding downward pressure on market expectations. Cantor Fitzgerald Lowers Fold (NASDAQ:FLD) Price Target to $2.00
• Negative Sentiment: HC Wainwright trimmed its FY2026 EPS forecast materially (from about ($0.32) previously to ~$($0.56)), increasing concerns about the company’s path to profitability and raising downside risk despite the still-optimistic $3 target. HC Wainwright Issues Pessimistic Forecast for Fold (NASDAQ:FLD) Stock Price

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.