DeFi Technologies Inc. (NASDAQ:DEFT - Free Report) - Investment analysts at B. Riley increased their FY2025 earnings estimates for shares of DeFi Technologies in a research report issued on Monday, June 16th. B. Riley analyst H. Goetsch now anticipates that the company will post earnings of $0.37 per share for the year, up from their prior forecast of $0.28.
A number of other research firms also recently commented on DEFT. Maxim Group lifted their price target on DeFi Technologies from $6.50 to $7.00 and gave the stock a "buy" rating in a research note on Tuesday, May 27th. Wall Street Zen upgraded DeFi Technologies to a "hold" rating in a research note on Friday, May 30th. Finally, HC Wainwright lifted their price target on DeFi Technologies from $4.50 to $5.50 and gave the stock a "buy" rating in a research note on Thursday, May 15th.
Check Out Our Latest Stock Analysis on DeFi Technologies
DeFi Technologies Stock Performance
Shares of DeFi Technologies stock traded down $0.18 during trading on Thursday, reaching $2.64. The company had a trading volume of 2,510,386 shares, compared to its average volume of 2,218,037. DeFi Technologies has a fifty-two week low of $1.04 and a fifty-two week high of $4.95. The firm has a market cap of $888.52 million, a PE ratio of 9.10 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.
Featured Articles
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
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
