HC Wainwright Cuts BitFuFu (NASDAQ:FUFU) Price Target to $4.00

BitFuFu (NASDAQ:FUFU) had its price target trimmed by HC Wainwright from $7.00 to $4.00 in a research note published on Monday,Benzinga reports. The brokerage currently has a buy rating on the stock. HC Wainwright also issued estimates for BitFuFu’s Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.07 EPS, Q3 2026 earnings at $0.07 EPS, Q4 2026 earnings at $0.07 EPS and FY2026 earnings at $0.29 EPS.

FUFU has been the topic of several other research reports. Zacks Research downgraded BitFuFu from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th. Weiss Ratings restated a “sell (d+)” rating on shares of BitFuFu in a report on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, BitFuFu has an average rating of “Hold” and a consensus target price of $5.38.

BitFuFu Price Performance

FUFU stock opened at $2.00 on Monday. The firm has a market cap of $332.96 million, a P/E ratio of -5.88 and a beta of 0.35. The firm’s fifty day moving average is $2.56 and its 200 day moving average is $3.03. BitFuFu has a 52 week low of $1.56 and a 52 week high of $5.85. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.58 and a current ratio of 2.94.

BitFuFu (NASDAQ:FUFU) last posted its quarterly earnings results on Friday, March 20th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.18). BitFuFu had a negative return on equity of 13.82% and a negative net margin of 12.06%.The business had revenue of $91.80 million during the quarter, compared to the consensus estimate of $105.15 million. Research analysts predict that BitFuFu will post 0.17 earnings per share for the current year.

Institutional Investors Weigh In On BitFuFu

Institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in BitFuFu by 51.3% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 247,703 shares of the company’s stock worth $929,000 after acquiring an additional 83,984 shares during the last quarter. Vident Advisory LLC increased its position in shares of BitFuFu by 24.3% in the second quarter. Vident Advisory LLC now owns 245,497 shares of the company’s stock valued at $793,000 after acquiring an additional 47,987 shares during the period. Vontobel Holding Ltd. raised 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 valued at $413,000 after acquiring an additional 17,605 shares during the last quarter. Harvest Portfolios Group Inc. boosted its holdings in shares of BitFuFu by 153.9% during the third quarter. Harvest Portfolios Group Inc. now owns 111,987 shares of the company’s stock worth $420,000 after purchasing an additional 67,882 shares during the period. Finally, Invesco Ltd. purchased a new stake in shares of BitFuFu during the second quarter worth about $321,000. Hedge funds and other institutional investors own 37.26% of the company’s stock.

Key Stories Impacting BitFuFu

Here are the key news stories impacting BitFuFu this week:

• Positive Sentiment: HC Wainwright sharply raised its FY2026 EPS forecast to $0.29 (from $0.09) and reiterated a “Buy” rating with a $4.00 price target — the upgrade to the annual outlook and continued analyst support is bullish for the stock. HC Wainwright estimate note
• Positive Sentiment: HC Wainwright also published quarter-by-quarter EPS forecasts (Q1–Q4 2026 each at $0.07) indicating steady near-term profitability assumptions — this provides a clearer path to the upgraded full‑year number and supports investor expectations of earnings recovery. HC Wainwright quarterly estimates
• Neutral Sentiment: Coverage/press mentions: an American Banking News piece references HC Wainwright’s $4.00 target (headline framed as a “lower” price target), creating some headline noise — the underlying analyst view remains a Buy with the $4 target. Article Title
• Neutral Sentiment: Short-interest reporting is inconsistent: some feeds show a sizable reduction to ~113,479 shares (days-to-cover ~1.1), while other feeds show zero/NaN values — data anomalies make it hard to draw firm conclusions, but the most recent reliable snapshot suggested low days-to-cover. (No reliable single-source link available)
• Negative Sentiment: Recent fundamentals remain a headwind: FUFU missed Q4 earnings (reported -$0.20 EPS vs. -$0.02 est.) and revenue of $91.8M fell short of expectations (~$105.2M), with negative margins and ROE — the company still needs to translate analyst optimism into consistent topline and margin improvement. Recent earnings report

About BitFuFu

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.