FY2026 EPS Forecast for DeFi Technologies Reduced by Analyst

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

DeFi Technologies Inc. (NASDAQ:DEFT - Free Report) - Equities research analysts at Northland Capmk lowered their FY2026 earnings estimates for shares of DeFi Technologies in a report released 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 estimate of $0.21.

DeFi Technologies (NASDAQ:DEFT - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The company reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.02). DeFi Technologies had a net margin of 43.38% and a return on equity of 104.84%. The company had revenue of $13.42 million during the quarter, compared to analyst estimates of $42.08 million.

A number of other equities research analysts also recently weighed in on the stock. Maxim Group raised their price target on shares of DeFi Technologies from $6.50 to $7.00 and gave the company a "buy" rating in a research note on Tuesday, May 27th. Wall Street Zen upgraded shares of DeFi Technologies to a "hold" rating in a research note on Friday, May 30th. Finally, HC Wainwright raised their price target on shares of DeFi Technologies from $4.50 to $5.50 and gave the company a "buy" rating in a research note on Thursday, May 15th.

DeFi Technologies Trading Down 1.7%

DEFT opened at $2.27 on Tuesday. The firm has a 50 day moving average of $2.89. DeFi Technologies has a 1-year low of $1.50 and a 1-year high of $4.95. The firm has a market cap of $766.83 million, a P/E ratio of 25.22 and a beta of 3.93.

Institutional Investors Weigh In On DeFi Technologies

Several hedge funds have recently added to or reduced their stakes in the business. Rathbones Group PLC acquired a new stake in DeFi Technologies during the 2nd quarter worth approximately $8,789,000. Bank of Montreal Can acquired a new position in shares of DeFi Technologies in the 2nd quarter worth approximately $7,891,000. Marshall Wace LLP acquired a new position in shares of DeFi Technologies in the 2nd quarter worth approximately $5,635,000. Invesco Ltd. acquired a new position in shares of DeFi Technologies in the 2nd quarter worth approximately $3,266,000. Finally, Swiss National Bank acquired a new position in shares of DeFi Technologies in the 2nd quarter worth approximately $1,727,000.

About DeFi Technologies

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.