DeFi Technologies (NASDAQ:DEFT) Cut to “Hold” at Maxim Group

Maxim Group downgraded shares of DeFi Technologies (NASDAQ:DEFT) from a buy rating to a hold rating in a report released on Wednesday, MarketBeat.com reports. Maxim Group also issued estimates for DeFi Technologies’ FY2026 earnings at ($0.05) EPS, Q1 2027 earnings at ($0.01) EPS, Q2 2027 earnings at ($0.01) EPS, Q3 2027 earnings at $0.00 EPS, Q4 2027 earnings at $0.00 EPS and FY2027 earnings at ($0.02) EPS.

A number of other analysts have also recently issued reports on DEFT. Weiss Ratings raised 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 target price on DeFi Technologies in a research report on Monday. Benchmark dropped their target price on DeFi Technologies from $2.00 to $1.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Wall Street Zen downgraded DeFi Technologies to a “strong sell” rating in a research note on Saturday, August 15th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, DeFi Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $1.44.

DeFi Technologies Stock Up 11.7%

DEFT stock opened at $0.57 on Wednesday. DeFi Technologies has a 12-month low of $0.39 and a 12-month high of $2.80. The company has a market cap of $223.18 million, a price-to-earnings ratio of 9.58 and a beta of 3.92. The company has a 50 day moving average of $0.48 and a two-hundred day moving average of $0.62.

DeFi Technologies (NASDAQ:DEFT) last posted its quarterly 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 net margin of 39.65% and a return on equity of 15.43%. On average, research analysts anticipate that DeFi Technologies will post -0.03 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Geode Capital Management LLC acquired a new stake in shares of DeFi Technologies in the 2nd quarter valued at $1,294,000. JPMorgan Chase & Co. acquired a new position in DeFi Technologies during the second quarter worth $88,000. Legal & General Group Plc acquired a new position in DeFi Technologies during the second quarter worth $854,000. American Century Companies Inc. bought a new position in DeFi Technologies during the second quarter valued at about $71,000. Finally, Quantbot Technologies LP bought a new position in DeFi Technologies during the second quarter valued at about $160,000.

DeFi Technologies News Summary

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

• Negative Sentiment: Maxim Group cut its earnings outlook for multiple periods. The firm lowered its FY2026 EPS forecast to $(0.05) from $(0.03), and reduced its FY2027 forecast to $(0.02) from positive $0.05. The shift implies expectations for continued losses and a materially weaker earnings trajectory. DeFi Technologies FY2026 EPS Estimate Lowered by Northland Securities
• Negative Sentiment: Maxim downgraded its rating to Hold. The rating change, combined with the lower earnings forecasts, removes a bullish analyst signal and may weigh on investor sentiment. DeFi Technologies Rating Lowered to Hold at Maxim Group
• Negative Sentiment: Maxim also reduced quarterly 2027 estimates. Forecasts for Q2 and Q3 2027 were lowered to $(0.01) and $0.00 per share, respectively, while Q4 2027 was reduced to $0.00 from $0.02. The revisions suggest that near-term earnings growth may remain limited.
• Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate as well. This second analyst revision reinforces concerns about DeFi Technologies’ earnings outlook and indicates that caution is not limited to one research firm. DeFi Technologies FY2026 EPS Estimate Lowered by Northland Securities

DeFi Technologies Company Profile

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.