HC Wainwright Predicts BitFuFu’s Q1 Earnings (NASDAQ:FUFU)

BitFuFu Inc. (NASDAQ:FUFU) – Analysts at HC Wainwright issued their Q1 2026 earnings per share estimates for BitFuFu in a report released on Monday, March 23rd. HC Wainwright analyst K. Dede expects that the company will earn $0.07 per share for the quarter. HC Wainwright has a “Buy” rating and a $4.00 price target on the stock. The consensus estimate for BitFuFu’s current full-year earnings is $0.17 per share. HC Wainwright also issued estimates for BitFuFu’s Q2 2026 earnings at $0.07 EPS, Q3 2026 earnings at $0.07 EPS and Q4 2026 earnings at $0.07 EPS.

A number of other equities analysts have also recently issued reports on FUFU. Weiss Ratings restated a “sell (d+)” rating on shares of BitFuFu in a report on Wednesday, January 21st. Zacks Research lowered shares of BitFuFu from a “hold” rating to a “strong sell” rating in a research note on Friday. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $5.38.

BitFuFu Trading Up 28.8%

Shares of FUFU stock opened at $2.01 on Tuesday. The company has a market cap of $334.63 million, a P/E ratio of -5.91 and a beta of 0.35. The stock has a 50 day simple moving average of $2.62 and a two-hundred day simple moving average of $3.05. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.58 and a current ratio of 2.58. BitFuFu has a fifty-two week low of $1.56 and a fifty-two week high of $5.85.

BitFuFu (NASDAQ:FUFU) last released its earnings results on Friday, March 20th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.18). BitFuFu had a negative net margin of 12.06% and a negative return on equity of 12.60%. The firm had revenue of $91.80 million during the quarter, compared to analyst estimates of $105.15 million.

Hedge Funds Weigh In On BitFuFu

Several institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of BitFuFu by 51.3% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 247,703 shares of the company’s stock valued at $929,000 after acquiring an additional 83,984 shares during the last quarter. Vident Advisory LLC grew its stake in shares of BitFuFu by 24.3% in the second quarter. Vident Advisory LLC now owns 245,497 shares of the company’s stock worth $793,000 after purchasing an additional 47,987 shares during the last quarter. Vontobel Holding Ltd. increased its holdings in BitFuFu by 12.6% during the 4th quarter. Vontobel Holding Ltd. now owns 156,986 shares of the company’s stock valued at $413,000 after purchasing an additional 17,605 shares during the period. Harvest Portfolios Group Inc. increased its holdings in BitFuFu by 153.9% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 111,987 shares of the company’s stock valued at $420,000 after purchasing an additional 67,882 shares during the period. Finally, Invesco Ltd. bought a new position in BitFuFu during the 2nd quarter valued at approximately $321,000. 37.26% of the stock is owned by institutional investors.

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.