Free Trial

Defi Technologies (NASDAQ:DEFT) Shares Gap Down - Time to Sell?

Defi Technologies logo with Financial Services background

Defi Technologies, Inc. (NASDAQ:DEFT - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $3.31, but opened at $3.19. Defi Technologies shares last traded at $3.26, with a volume of 315,636 shares traded.

Analysts Set New Price Targets

Several research firms have commented on DEFT. Maxim Group upped their target price on shares of Defi Technologies from $6.50 to $7.00 and gave the stock a "buy" rating in a research report on Tuesday, May 27th. HC Wainwright upped their target price on shares of Defi Technologies from $4.50 to $5.50 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Finally, Wall Street Zen upgraded shares of Defi Technologies to a "hold" rating in a research report on Friday, May 30th.

Get Our Latest Report on Defi Technologies

Defi Technologies Trading Down 2.0%

The stock has a market capitalization of $975.90 million, a P/E ratio of 10.03 and a beta of 5.25.

About Defi Technologies

(Get Free Report)

DeFi Technologies, Inc engages in the provision of investment services. It plans to acquire equity, debt, or other securities of publicly traded or private companies or other entities. The firm offers DeFi ETNs, DeFi Governance, DeFi Venture and DeFi Treasury. The company was founded by Olivier Francois Roussy Newton and Wouter Witvoet on April 14, 1986 and is headquartered in Toronto, Canada.

Further Reading

Should You Invest $1,000 in DeFi Technologies Right Now?

Before you consider DeFi Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DeFi Technologies wasn't on the list.

While DeFi Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Stocks Set to Soar in Summer 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Drone Industry Is About to 10X—Here’s How to Profit
Why AMD Stock Beats NVIDIA Right Now
Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines