FY2026 Earnings Estimate for DEFT Issued By Northland Capmk

DeFi Technologies Inc. (NASDAQ:DEFT) – Investment analysts at Northland Capmk lowered their FY2026 earnings per share estimates for DeFi Technologies in a note issued to investors 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.

Other equities research analysts have also issued research reports about the company. Maxim Group raised their price target on DeFi Technologies from $6.50 to $7.00 and gave the stock a “buy” rating in a research report on Tuesday, May 27th. HC Wainwright reaffirmed a “buy” rating and set a $5.50 price target on shares of DeFi Technologies in a research report on Tuesday. Finally, Wall Street Zen raised DeFi Technologies to a “hold” rating in a research report on Friday, May 30th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $6.25.

DeFi Technologies Stock Performance

NASDAQ DEFT opened at $2.11 on Tuesday. The firm has a market capitalization of $712.78 million, a price-to-earnings ratio of 23.44 and a beta of 3.93. The stock’s 50-day simple moving average is $2.85. DeFi Technologies has a one year low of $1.50 and a one year high of $4.95.

DeFi Technologies (NASDAQ:DEFT) last released its quarterly earnings results on Thursday, August 14th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.02). The business had revenue of $13.42 million for the quarter, compared to analyst estimates of $42.08 million. DeFi Technologies had a return on equity of 109.68% and a net margin of 43.38%.

Institutional Investors Weigh In On DeFi Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rathbones Group PLC acquired a new stake in shares of DeFi Technologies in the second quarter valued at about $8,789,000. Bank of Montreal Can bought a new position in DeFi Technologies in the second quarter valued at approximately $7,891,000. Marshall Wace LLP bought a new position in DeFi Technologies in the second quarter valued at approximately $5,635,000. Invesco Ltd. acquired a new position in shares of DeFi Technologies during the 2nd quarter worth approximately $3,266,000. Finally, Swiss National Bank bought a new stake in shares of DeFi Technologies during 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.