Q2 EPS Estimates for BitFuFu Reduced by Northland Securities

Posted by on Jun 3rd, 2026

BitFuFu Inc. (NASDAQ:FUFU – Free Report) – Northland Securities reduced their Q2 2026 earnings estimates for shares of BitFuFu in a note issued to investors on Monday, June 1st. Northland Securities analyst M. Grondahl now forecasts that the company will earn ($0.01) per share for the quarter, down from their prior forecast of $0.02. The consensus estimate for BitFuFu’s current full-year earnings is $0.14 per share. Northland Securities also issued estimates for BitFuFu’s Q3 2026 earnings at ($0.01) EPS and Q4 2026 earnings at ($0.01) EPS.

BitFuFu (NASDAQ:FUFU – Get Free Report) last issued its earnings results on Saturday, March 21st. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.18). BitFuFu had a negative net margin of 16.06% and a negative return on equity of 3.81%. The firm had revenue of $103.42 million during the quarter, compared to analyst estimates of $105.15 million.

Other equities analysts have also issued reports about the company. 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 report on Monday, March 23rd. Wall Street Zen raised shares of BitFuFu from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Zacks Research lowered shares of BitFuFu from a “hold” rating to a “strong sell” rating in a research note on Friday, May 22nd. Finally, Weiss Ratings downgraded shares of BitFuFu from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, BitFuFu currently has an average rating of “Hold” and a consensus price target of $5.38.

Read Our Latest Research Report on BitFuFu

BitFuFu Stock Up 0.5%

Shares of NASDAQ:FUFU opened at $2.09 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 3.29 and a current ratio of 4.16. BitFuFu has a 52-week low of $1.56 and a 52-week high of $5.38. The business’s 50 day simple moving average is $2.06 and its two-hundred day simple moving average is $2.51. The firm has a market cap of $348.21 million, a P/E ratio of -4.75 and a beta of 0.42.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FUFU. Engineers Gate Manager LP bought a new stake in BitFuFu during the second quarter worth $36,000. Boothbay Fund Management LLC bought a new position in BitFuFu during the 4th quarter valued at $31,000. Jane Street Group LLC purchased a new position in BitFuFu during the 1st quarter worth $57,000. Prelude Capital Management LLC purchased a new position in BitFuFu during the 3rd quarter worth $48,000. Finally, Squarepoint Ops LLC bought a new stake in shares of BitFuFu in the 3rd quarter worth $48,000. Institutional investors own 37.26% of the company’s stock.

BitFuFu Company Profile

(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 and Estimates for BitFuFu (NASDAQ:FUFU)

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