HC Wainwright Has Strong Outlook for BitFuFu FY2026 Earnings

Key Points

• HC Wainwright raised its FY2026 EPS estimate for BitFuFu to $0.29 (from $0.09) and reiterated a Buy rating while setting a $4.00 price target (down from $7.00), above the MarketBeat consensus full‑year estimate of $0.17.
• BitFuFu missed its most recent quarter, reporting EPS of ($0.20) vs. a ($0.02) consensus and revenue of $91.8M vs. $105.15M, highlighting near‑term operational pressures despite the revised outlook.
• Analyst sentiment is mixed — three Buys, one Hold and two Sells (including Zacks’ Rank #5 Strong Sell) — and the MarketBeat consensus is a Hold with a $5.38 target; the stock trades near $1.96 with a 52‑week range of $1.56–$5.85.

BitFuFu Inc. (NASDAQ:FUFU - Free Report) - Investment analysts at HC Wainwright lifted their FY2026 EPS estimates for shares of BitFuFu in a report issued on Monday, March 23rd. HC Wainwright analyst K. Dede now anticipates that the company will post earnings of $0.29 per share for the year, up from their previous estimate of $0.09. HC Wainwright has a "Buy" rating and a $4.00 price target on the stock. The consensus estimate for BitFuFu's current full-year earnings is $0.17 per share.

A number of other research firms also recently issued reports on FUFU. Zacks Research downgraded BitFuFu from a "hold" rating to a "strong sell" rating in a report on Friday, March 20th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of BitFuFu in a research report on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $5.38.

BitFuFu Stock Performance

Shares of BitFuFu stock opened at $1.96 on Wednesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.94 and a quick ratio of 2.58. The firm has a market cap of $326.30 million, a price-to-earnings ratio of -5.76 and a beta of 0.35. The stock's 50-day moving average is $2.59 and its 200-day moving average is $3.04. BitFuFu has a one year low of $1.56 and a one year high of $5.85.

BitFuFu (NASDAQ:FUFU - Get Free Report) last released its earnings results on Friday, March 20th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.18). BitFuFu had a negative return on equity of 13.82% and a negative net margin of 12.06%.The firm had revenue of $91.80 million for the quarter, compared to the consensus estimate of $105.15 million.

Hedge Funds Weigh In On BitFuFu

A number of large investors have recently modified their holdings of FUFU. Invesco Ltd. grew its holdings in shares of BitFuFu by 26.8% in the 4th quarter. Invesco Ltd. now owns 89,736 shares of the company's stock valued at $237,000 after acquiring an additional 18,967 shares in the last quarter. Vident Advisory LLC raised its holdings in BitFuFu by 17.3% during the fourth quarter. Vident Advisory LLC now owns 223,893 shares of the company's stock worth $591,000 after acquiring an additional 33,052 shares in the last quarter. Boothbay Fund Management LLC bought a new stake in BitFuFu during the fourth quarter worth about $31,000. RPO LLC acquired a new position in BitFuFu during the fourth quarter valued at approximately $61,000. Finally, Vontobel Holding Ltd. boosted its position in BitFuFu by 12.6% during the fourth quarter. Vontobel Holding Ltd. now owns 156,986 shares of the company's stock valued at $413,000 after purchasing an additional 17,605 shares during the last quarter. 37.26% of the stock is currently owned by institutional investors and hedge funds.

BitFuFu News Roundup

Here are the key news stories impacting BitFuFu this week:

• Positive Sentiment: HC Wainwright reiterated a "Buy" rating and issued quarterly EPS forecasts of $0.07 across 2026 (Q1–Q4) with a full‑year consensus of $0.17 — signals of expected profitability improvement that could support the stock if results track guidance. MarketBeat FUFU
• Positive Sentiment: Short interest fell materially as of March 13 to 113,479 shares (down ~28.7% from Feb. 26), with a days‑to‑cover of ~1.1 — reduced short exposure can lessen downward pressure and reduce the risk of aggressive short selling. Source: market data
• Positive Sentiment: News coverage highlights operational momentum in a challenging crypto market — narratives of outperformance can attract buyers and support sentiment. BitFuFu Inc. Surges Ahead
• Neutral Sentiment: Several data feeds reported zero short interest or NaN changes for late‑March dates (likely reporting or consolidation errors). Treat those zero values cautiously; they appear inconsistent with prior short interest figures. Source: market data
• Negative Sentiment: HC Wainwright lowered its price target dramatically from $7.00 to $4.00 — the cut reduces upside expectations vs. prior coverage and may weigh on sentiment despite the maintained Buy rating. Benzinga
• Negative Sentiment: Zacks added FUFU to its Rank #5 (Strong Sell) list on March 23 — placement on a sell list can pressure shares by prompting some systematic or sentiment-driven selling. Zacks Strong Sell

About BitFuFu

BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.

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