Northland Capmk Has Bearish Outlook for DEFT FY2026 Earnings

Key Points

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DeFi Technologies Inc. (NASDAQ:DEFT - Free Report) - Analysts at Northland Capmk decreased their FY2026 EPS estimates for DeFi Technologies in a research note issued on Monday, August 18th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of $0.20 for the year, down from their prior forecast of $0.21.

DeFi Technologies (NASDAQ:DEFT - Get Free Report) last released its quarterly earnings results on Thursday, August 14th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.02). The firm had revenue of $13.42 million for the quarter, compared to the consensus estimate of $42.08 million. DeFi Technologies had a return on equity of 137.53% and a net margin of 43.38%.

DEFT has been the subject of several other reports. Wall Street Zen upgraded shares of DeFi Technologies to a "hold" rating in a report on Friday, May 30th. HC Wainwright reiterated a "buy" rating and issued a $5.50 price objective on shares of DeFi Technologies in a report on Tuesday, August 19th. Finally, Maxim Group boosted their price target 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. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $6.25.

DeFi Technologies Trading Up 6.7%

Shares of DeFi Technologies stock traded up $0.14 on Tuesday, hitting $2.24. The company had a trading volume of 4,302,249 shares, compared to its average volume of 4,698,663. The business has a 50-day simple moving average of $2.82. The stock has a market cap of $756.69 million, a P/E ratio of 24.89 and a beta of 3.93. DeFi Technologies has a 52 week low of $1.50 and a 52 week high of $4.95.

Institutional Investors Weigh In On DeFi Technologies

Several large investors have recently modified their holdings of DEFT. Hudson Bay Capital Management LP acquired a new stake in shares of DeFi Technologies during the second quarter valued at approximately $41,000. Corient Private Wealth LLC acquired a new stake in shares of DeFi Technologies during the second quarter valued at approximately $1,723,000. Captrust Financial Advisors acquired a new stake in shares of DeFi Technologies during the second quarter valued at approximately $57,000. Visionary Wealth Advisors acquired a new stake in shares of DeFi Technologies during the second quarter valued at approximately $431,000. Finally, Shay Capital LLC acquired a new stake in shares of DeFi Technologies during the second quarter valued at approximately $50,000.

DeFi Technologies Company Profile

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.