BitFuFu (NASDAQ:FUFU – Get Free Report) is projected to announce its Q2 2026 results before the market opens on Monday, August 17th. Analysts expect the company to post earnings of ($0.01) per share and revenue of $75.0210 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Monday, August 17, 2026 at 8:00 AM ET.
BitFuFu (NASDAQ:FUFU – Get Free Report) last announced its quarterly earnings results on Friday, May 29th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.24). The firm had revenue of $72.66 million during the quarter, compared to the consensus estimate of $93.35 million. BitFuFu had a negative net margin of 16.06% and a negative return on equity of 3.81%.
BitFuFu Price Performance
FUFU opened at $1.29 on Wednesday. The company has a fifty day moving average price of $1.49 and a 200-day moving average price of $2.00. The firm has a market capitalization of $214.93 million, a P/E ratio of -2.93 and a beta of 0.46. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.16 and a quick ratio of 4.16. BitFuFu has a one year low of $1.26 and a one year high of $5.38.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on the company. Wall Street Zen cut BitFuFu from a “hold” rating to a “sell” rating in a research report on Saturday, June 6th. Zacks Research raised BitFuFu from a “strong sell” rating to a “hold” rating in a report on Friday, July 31st. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of BitFuFu in a research report on Friday, July 31st. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $5.33.
Check Out Our Latest Research Report on BitFuFu
Hedge Funds Weigh In On BitFuFu
Institutional investors have recently made changes to their positions in the stock. Vident Advisory LLC grew its position in BitFuFu by 17.3% in the fourth quarter. Vident Advisory LLC now owns 223,893 shares of the company’s stock worth $591,000 after acquiring an additional 33,052 shares in the last quarter. RPO LLC purchased a new stake in BitFuFu during the fourth quarter valued at about $61,000. Vontobel Holding Ltd. lifted its stake in 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 during the last quarter. Renaissance Technologies LLC lifted its stake in BitFuFu by 24.7% during the fourth 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. purchased a new position in shares of BitFuFu in the 2nd quarter worth about $529,000. Institutional investors own 37.26% of the company’s stock.
BitFuFu Company Profile
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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