FY2026 EPS Forecast for DeFi Technologies Cut by Analyst

Key Points

• Northland Securities cut DeFi Technologies’ FY2026 EPS forecast to a loss of $0.05 per share from a previous estimate of $0.01, below the $0.01-per-share consensus forecast.
• DeFi Technologies reported quarterly EPS of negative $0.03, missing analysts’ expectations by $0.02. The stock opened at $0.44, down 6%, near its 12-month low of $0.39.
• Analyst sentiment remains mixed, with the stock carrying a “Moderate Buy” consensus rating and a $1.44 average price target, while several hedge funds recently increased their holdings.

DeFi Technologies Inc. (NASDAQ:DEFT - Free Report) - Research analysts at Northland Securities decreased their FY2026 earnings estimates for DeFi Technologies in a research report issued on Monday, August 17th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings of ($0.05) per share for the year, down from their prior forecast of ($0.01). The consensus estimate for DeFi Technologies' current full-year earnings is ($0.01) per share.

A number of other equities analysts have also weighed in on DEFT. Weiss Ratings raised DeFi Technologies from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, June 8th. Maxim Group cut shares of DeFi Technologies from a "buy" rating to a "hold" rating in a research report on Wednesday. Benchmark decreased their price target on DeFi Technologies from $2.00 to $1.00 and set a "buy" rating on the stock in a research note on Tuesday. Finally, Wall Street Zen cut DeFi Technologies to a "strong sell" rating in a report on Saturday. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $1.44.

DeFi Technologies Stock Down 6.0%

DEFT opened at $0.44 on Wednesday. The company has a market cap of $169.64 million, a PE ratio of 7.28 and a beta of 3.92. The company has a 50-day moving average price of $0.48 and a 200 day moving average price of $0.62. DeFi Technologies has a twelve month low of $0.39 and a twelve month high of $2.80.

DeFi Technologies (NASDAQ:DEFT - Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.02). DeFi Technologies had a net margin of 39.65% and a return on equity of 15.43%.

Hedge Funds Weigh In On DeFi Technologies

A number of hedge funds have recently modified their holdings of the business. Charles Schwab Investment Management Inc. grew its position in DeFi Technologies by 416.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,329,284 shares of the company's stock worth $5,531,000 after purchasing an additional 5,909,228 shares during the last quarter. Cable Car Capital LP purchased a new stake in shares of DeFi Technologies in the third quarter valued at about $10,871,000. Millennium Management LLC raised its holdings in shares of DeFi Technologies by 103.6% in the fourth quarter. Millennium Management LLC now owns 5,836,397 shares of the company's stock valued at $4,404,000 after buying an additional 2,969,170 shares during the last quarter. Marshall Wace LLP boosted its stake in shares of DeFi Technologies by 128.0% during the third quarter. Marshall Wace LLP now owns 4,384,356 shares of the company's stock worth $9,251,000 after buying an additional 2,461,204 shares during the period. Finally, Galaxy Digital Inc. acquired a new stake in shares of DeFi Technologies during the first quarter worth about $1,050,000.

About DeFi Technologies

DeFi Technologies Inc is a Vancouver-based company focused on decentralized finance (DeFi) and digital asset investments. Through strategic equity stakes and token allocations, the company aims to provide investors with exposure to leading DeFi protocols, applications, and infrastructure projects. Its core activities include sourcing, evaluating and acquiring positions in blockchain-based platforms that facilitate decentralized lending, trading, yield farming and liquidity provision.

In addition to its investment portfolio, DeFi Technologies works to develop and distribute tokenized products that bridge traditional capital markets with emerging DeFi ecosystems.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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