Equities Analysts Offer Predictions for BitFuFu Q2 Earnings

BitFuFu Inc. (NASDAQ:FUFU) – Investment analysts at Northland Securities dropped their Q2 2026 earnings per share estimates for shares of BitFuFu in a research report issued to clients and investors on Monday, June 1st. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings of ($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) last released its earnings results on Saturday, March 21st. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.18). The business had revenue of $103.42 million during the quarter, compared to the consensus estimate of $105.15 million. BitFuFu had a negative net margin of 16.06% and a negative return on equity of 3.81%.

Several other equities research analysts have also issued reports on FUFU. Zacks Research lowered BitFuFu from a “hold” rating to a “strong sell” rating in a research report on Friday, May 22nd. Weiss Ratings downgraded shares of BitFuFu from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. HC Wainwright reduced their price target on shares of BitFuFu from $7.00 to $4.00 and set a “buy” rating for the company in a research report on Monday, March 23rd. Finally, Wall Street Zen upgraded shares of BitFuFu from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Three equities 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. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $5.38.

BitFuFu Stock Up 0.5%

FUFU stock opened at $2.09 on Wednesday. The stock’s fifty day simple moving average is $2.06 and its two-hundred day simple moving average is $2.51. The company has a current ratio of 4.16, a quick ratio of 3.29 and a debt-to-equity ratio of 0.81. BitFuFu has a 1-year low of $1.56 and a 1-year high of $5.38. The stock 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

Several institutional investors and hedge funds have recently made changes to their positions in FUFU. Boothbay Fund Management LLC purchased a new stake in BitFuFu in the 4th quarter worth about $31,000. Engineers Gate Manager LP purchased a new stake in BitFuFu during the second quarter valued at about $36,000. Squarepoint Ops LLC bought a new position in BitFuFu during the third quarter worth about $48,000. Prelude Capital Management LLC bought a new position in BitFuFu during the third quarter worth about $48,000. Finally, Jane Street Group LLC increased its stake in shares of BitFuFu by 25.4% in the second quarter. Jane Street Group LLC now owns 15,743 shares of the company’s stock worth $51,000 after purchasing an additional 3,192 shares in the last quarter. Institutional investors own 37.26% of the company’s stock.

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.