Benchmark Cuts DeFi Technologies (NASDAQ:DEFT) Price Target to $1.00

DeFi Technologies (NASDAQ:DEFT) had its price target trimmed by Benchmark from $2.00 to $1.00 in a report published on Tuesday,Benzinga reports. The firm currently has a buy rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings raised shares of DeFi Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Northland Securities set a $1.25 price objective on DeFi Technologies in a research report on Monday. Finally, Wall Street Zen downgraded DeFi Technologies to a “strong sell” rating in a research note on Saturday, August 15th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, DeFi Technologies presently has an average rating of “Moderate Buy” and an average price target of $1.44.

DeFi Technologies Trading Up 6.9%

Shares of NASDAQ:DEFT opened at $0.51 on Tuesday. The stock has a fifty day simple moving average of $0.48 and a two-hundred day simple moving average of $0.62. The stock has a market capitalization of $199.88 million, a price-to-earnings ratio of 8.58 and a beta of 3.92. DeFi Technologies has a 12-month low of $0.39 and a 12-month high of $2.80.

DeFi Technologies (NASDAQ:DEFT) last released its earnings results on Thursday, August 13th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.02). DeFi Technologies had a return on equity of 15.43% and a net margin of 39.65%. As a group, equities research analysts predict that DeFi Technologies will post -0.03 EPS for the current year.

Institutional Trading of DeFi Technologies

A number of institutional investors have recently made changes to their positions in DEFT. GTS Securities LLC purchased a new stake in shares of DeFi Technologies during the 2nd quarter valued at about $61,000. Public Employees Retirement System of Ohio purchased a new position in shares of DeFi Technologies during the second quarter valued at approximately $64,000. Cable Car Capital LP purchased a new position in shares of DeFi Technologies during the second quarter valued at approximately $677,000. Legal & General Group Plc purchased a new position in shares of DeFi Technologies during the second quarter valued at approximately $185,000. Finally, Visionary Wealth Advisors bought a new position in DeFi Technologies during the second quarter valued at approximately $55,000.

DeFi Technologies News Summary

Here are the key news stories impacting DeFi Technologies this week:

• Neutral Sentiment: Northland Securities lowered its FY2026 EPS forecast to a loss of $0.05 per share from a loss of $0.01, compared with the broader consensus estimate of a $0.01 loss. Northland Securities Forecasts DEFT Q3 Earnings
• Negative Sentiment: Maxim Group downgraded DeFi Technologies from “Buy” to “Hold,” signaling reduced confidence in the stock’s near-term upside.
• Negative Sentiment: Maxim also cut its 2027 EPS forecasts: Q2 was revised to a loss of $0.01 per share from a profit of $0.01, while Q3 was reduced to breakeven from $0.01 and Q4 to breakeven from $0.02.
• Neutral Sentiment: Maxim’s current 2027 outlook anticipates losses of $0.01 per share in the first and second quarters, followed by breakeven results in the third and fourth quarters. The firm maintains a “Hold” rating.

About DeFi Technologies

DeFi Technologies Inc is a Vancouver-based company focused on decentralized finance (DeFi) and digital asset investments. Through strategic equity stakes and token allocations, the company aims to provide investors with exposure to leading DeFi protocols, applications, and infrastructure projects. Its core activities include sourcing, evaluating and acquiring positions in blockchain-based platforms that facilitate decentralized lending, trading, yield farming and liquidity provision.

In addition to its investment portfolio, DeFi Technologies works to develop and distribute tokenized products that bridge traditional capital markets with emerging DeFi ecosystems.