Fold Holdings, Inc. (NASDAQ:FLD) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Fold Holdings, Inc. (NASDAQ:FLD) have earned an average recommendation of “Moderate Buy” from the five analysts that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $7.8333.

FLD has been the topic of several research reports. Wall Street Zen raised Fold from a “sell” rating to a “hold” rating in a report on Sunday, November 30th. Weiss Ratings reiterated a “sell (d)” rating on shares of Fold in a research report on Wednesday, October 8th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Golden State Wealth Management LLC acquired a new position in shares of Fold during the 2nd quarter worth approximately $25,000. North Capital Inc. acquired a new position in shares of Fold in the second quarter worth $30,000. FNY Investment Advisers LLC acquired a new position in shares of Fold in the second quarter worth $29,000. SevenBridge Financial Group LLC purchased a new stake in shares of Fold in the third quarter valued at $39,000. Finally, Aptus Capital Advisors LLC acquired a new stake in shares of Fold during the third quarter valued at $39,000. 56.89% of the stock is owned by hedge funds and other institutional investors.

Fold Trading Down 3.8%

Shares of Fold stock opened at $2.28 on Friday. The company has a 50-day moving average of $2.86 and a two-hundred day moving average of $3.54. Fold has a 12-month low of $2.22 and a 12-month high of $14.00. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.87. The stock has a market cap of $110.15 million, a PE ratio of -3.04 and a beta of 0.19.

Fold (NASDAQ:FLD) last announced its quarterly earnings results on Monday, November 10th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.03). The firm had revenue of $7.40 million during the quarter, compared to analyst estimates of $9.20 million.

About Fold

Fold, trading under the ticker FLD on the NASDAQ, is a financial technology company specializing in bitcoin rewards and cryptocurrency-based consumer products. The company’s core offering enables users to earn bitcoin on everyday purchases through a prepaid Visa debit card, converting traditional currency transactions into bitcoin rewards at no extra cost. By partnering with major payment networks and merchant platforms, Fold aims to bridge the gap between mainstream spending and digital asset adoption.

Beyond the debit card, Fold offers a mobile application that integrates with the Bitcoin Lightning Network to facilitate faster and more cost-efficient transactions.