BitFuFu (NASDAQ:FUFU) Announces Quarterly Earnings Results, Misses Estimates By $0.23 EPS

Posted by on May 29th, 2026

BitFuFu (NASDAQ:FUFU – Get Free Report) issued its quarterly earnings results on Friday. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.23), FiscalAI reports. BitFuFu had a negative return on equity of 13.32% and a negative net margin of 12.06%.The business had revenue of $72.66 million during the quarter, compared to analyst estimates of $93.35 million.

BitFuFu Trading Down 2.0%

Shares of FUFU stock opened at $2.00 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.30 and a quick ratio of 3.29. The company has a market cap of $333.22 million, a price-to-earnings ratio of -5.88 and a beta of 0.46. The stock has a 50 day simple moving average of $2.07 and a 200-day simple moving average of $2.53. BitFuFu has a 1-year low of $1.56 and a 1-year high of $5.38.

Institutional Investors Weigh In On BitFuFu

A number of institutional investors have recently added to or reduced their stakes in the stock. Vident Advisory LLC lifted its holdings in BitFuFu by 17.3% during the fourth quarter. Vident Advisory LLC now owns 223,893 shares of the company’s stock valued at $591,000 after purchasing an additional 33,052 shares in the last quarter. RPO LLC acquired a new stake in shares of BitFuFu in the fourth quarter valued at about $61,000. Vontobel Holding Ltd. increased its stake in shares of BitFuFu by 12.6% during the fourth quarter. Vontobel Holding Ltd. now owns 156,986 shares of the company’s stock worth $413,000 after purchasing an additional 17,605 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of BitFuFu by 24.7% during the 4th quarter. Renaissance Technologies LLC now owns 54,000 shares of the company’s stock worth $143,000 after purchasing an additional 10,700 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of BitFuFu during the 2nd quarter worth about $529,000. Institutional investors and hedge funds own 37.26% of the company’s stock.

Analysts Set New Price Targets

FUFU has been the topic of a number of recent research reports. Zacks Research downgraded BitFuFu from a “hold” rating to a “strong sell” rating in a research note on Friday, May 22nd. Wall Street Zen upgraded BitFuFu from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings downgraded BitFuFu from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 4th. Finally, HC Wainwright lowered their target price on BitFuFu from $7.00 to $4.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $5.38.

Read Our Latest Stock Report on BitFuFu

About BitFuFu

(Get Free Report)

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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Earnings History for BitFuFu (NASDAQ:FUFU)

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