FY2026 Earnings Forecast for BitFuFu Issued By HC Wainwright

BitFuFu Inc. (NASDAQ:FUFU) – Stock analysts at HC Wainwright boosted their FY2026 EPS estimates for BitFuFu in a research report issued on Monday, March 23rd. HC Wainwright analyst K. Dede now forecasts that the company will post earnings per share of $0.29 for the year, up from their previous forecast of $0.09. HC Wainwright currently has a “Buy” rating and a $4.00 target price on the stock. The consensus estimate for BitFuFu’s current full-year earnings is $0.17 per share.

A number of other analysts also recently commented on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of BitFuFu in a research note on Wednesday, January 21st. Zacks Research cut BitFuFu from a “hold” rating to a “strong sell” rating in a research note on Friday, March 20th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $5.38.

BitFuFu Stock Performance

Shares of NASDAQ FUFU opened at $2.00 on Wednesday. BitFuFu has a 1 year low of $1.56 and a 1 year high of $5.85. The firm has a market cap of $332.96 million, a P/E ratio of -5.88 and a beta of 0.35. The stock has a fifty day moving average price of $2.56 and a two-hundred day moving average price of $3.03. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.58 and a current ratio of 2.94.

BitFuFu (NASDAQ:FUFU) last announced its earnings results on Friday, March 20th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.18). The firm had revenue of $91.80 million for the quarter, compared to the consensus estimate of $105.15 million. BitFuFu had a negative return on equity of 13.82% and a negative net margin of 12.06%.

Hedge Funds Weigh In On BitFuFu

Institutional investors have recently bought and sold shares of the stock. Boothbay Fund Management LLC acquired a new stake in BitFuFu during the 4th quarter worth about $31,000. Engineers Gate Manager LP purchased a new stake in BitFuFu during the second quarter valued at about $36,000. Squarepoint Ops LLC acquired a new position in shares of BitFuFu in the third quarter worth about $48,000. Prelude Capital Management LLC acquired a new position in shares of BitFuFu in the third quarter worth about $48,000. Finally, Jane Street Group LLC increased its position in shares of BitFuFu by 25.4% in the second quarter. Jane Street Group LLC now owns 15,743 shares of the company’s stock worth $51,000 after acquiring an additional 3,192 shares in the last quarter. Hedge funds and other institutional investors own 37.26% of the company’s stock.

Key Headlines Impacting BitFuFu

Here are the key news stories impacting BitFuFu this week:

• Positive Sentiment: HC Wainwright sharply raised its FY2026 EPS forecast to $0.29 (from $0.09) and reiterated a “Buy” rating with a $4.00 price target — the upgrade to the annual outlook and continued analyst support is bullish for the stock. HC Wainwright estimate note
• Positive Sentiment: HC Wainwright also published quarter-by-quarter EPS forecasts (Q1–Q4 2026 each at $0.07) indicating steady near-term profitability assumptions — this provides a clearer path to the upgraded full‑year number and supports investor expectations of earnings recovery. HC Wainwright quarterly estimates
• Neutral Sentiment: Coverage/press mentions: an American Banking News piece references HC Wainwright’s $4.00 target (headline framed as a “lower” price target), creating some headline noise — the underlying analyst view remains a Buy with the $4 target. Article Title
• Neutral Sentiment: Short-interest reporting is inconsistent: some feeds show a sizable reduction to ~113,479 shares (days-to-cover ~1.1), while other feeds show zero/NaN values — data anomalies make it hard to draw firm conclusions, but the most recent reliable snapshot suggested low days-to-cover. (No reliable single-source link available)
• Negative Sentiment: Recent fundamentals remain a headwind: FUFU missed Q4 earnings (reported -$0.20 EPS vs. -$0.02 est.) and revenue of $91.8M fell short of expectations (~$105.2M), with negative margins and ROE — the company still needs to translate analyst optimism into consistent topline and margin improvement. Recent earnings report

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.