HC Wainwright Has Negative Estimate for Fold Q3 Earnings

Key Points

• HC Wainwright has issued a negative outlook for Fold Holdings, reducing its Q3 2025 EPS estimate from ($0.04) to ($0.08), with expectations for Q4 2025 earnings at ($0.10) per share.
• Fold reported a Q2 earnings miss, posting ($0.18) EPS compared to consensus estimates of ($0.10), although revenue slightly exceeded forecasts at $8.18 million.
• Despite the negative outlook, several analysts have given Fold a "strong-buy" or "outperform" rating, indicating mixed sentiments about the stock's future performance.

Fold Holdings, Inc. (NASDAQ:FLD - Free Report) - HC Wainwright cut their Q3 2025 earnings per share estimates for Fold in a research note issued to investors on Wednesday, August 13th. HC Wainwright analyst K. Dede now anticipates that the company will post earnings per share of ($0.08) for the quarter, down from their prior forecast of ($0.04). HC Wainwright also issued estimates for Fold's Q4 2025 earnings at ($0.10) EPS and FY2025 earnings at ($0.01) EPS.

Several other research firms also recently weighed in on FLD. Cantor Fitzgerald initiated coverage on shares of Fold in a research report on Monday, July 28th. They set an "overweight" rating and a $6.50 price target for the company. Northland Capmk upgraded shares of Fold to a "strong-buy" rating in a report on Tuesday, May 27th. Finally, Northland Securities began coverage on shares of Fold in a research note on Tuesday, May 27th. They set an "outperform" rating and a $10.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $7.83.

Fold Stock Down 3.2%

NASDAQ:FLD traded down $0.1250 during mid-day trading on Friday, hitting $3.7450. The company's stock had a trading volume of 189,669 shares, compared to its average volume of 279,048. The business's fifty day moving average is $4.36 and its two-hundred day moving average is $5.37. Fold has a 1 year low of $2.51 and a 1 year high of $14.00. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.60 and a quick ratio of 1.58.

Fold (NASDAQ:FLD - Get Free Report) last released its quarterly earnings results on Tuesday, August 12th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.08). The business had revenue of $8.18 million for the quarter, compared to analyst estimates of $8.07 million.

Hedge Funds Weigh In On Fold

Hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC purchased a new stake in Fold during the 2nd quarter worth $749,000. Baird Financial Group Inc. bought a new stake in shares of Fold during the 2nd quarter valued at about $445,000. DLD Asset Management LP bought a new stake in shares of Fold during the 2nd quarter valued at about $102,000. Van Hulzen Asset Management LLC bought a new stake in shares of Fold during the second quarter valued at approximately $43,000. Finally, Harvest Portfolios Group Inc. bought a new stake in shares of Fold during the second quarter valued at approximately $43,000. Hedge funds and other institutional investors own 56.89% of the company's stock.

About Fold

FTAC Emerald Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination with one or more businesses or assets operating in the clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors.