Northland Capmk Forecasts OTC:DEFTF FY2024 Earnings

DeFi Technologies Inc. (OTC:DEFTF) – Equities researchers at Northland Capmk issued their FY2024 earnings per share estimates for shares of DeFi Technologies in a research note issued to investors on Wednesday, January 15th. Northland Capmk analyst M. Grondahl forecasts that the company will post earnings per share of $0.24 for the year. Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for DeFi Technologies’ current full-year earnings is $0.25 per share. Northland Capmk also issued estimates for DeFi Technologies’ Q4 2024 earnings at $0.04 EPS, Q1 2025 earnings at $0.04 EPS, Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.05 EPS, FY2025 earnings at $0.17 EPS, Q1 2026 earnings at $0.05 EPS, Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.06 EPS, Q4 2026 earnings at $0.06 EPS and FY2026 earnings at $0.21 EPS.

DEFTF has been the topic of several other reports. B. Riley raised DeFi Technologies to a “strong-buy” rating in a report on Wednesday, October 23rd. HC Wainwright raised DeFi Technologies to a “strong-buy” rating in a research note on Thursday, December 12th.

DeFi Technologies Stock Up 0.5 %

Shares of DEFTF opened at $3.16 on Monday. The stock has a market cap of $1.02 billion and a PE ratio of 15.80. DeFi Technologies has a 12-month low of $0.33 and a 12-month high of $3.75. The business has a 50-day simple moving average of $2.80 and a two-hundred day simple moving average of $2.15.

About DeFi Technologies

DeFi Technologies Inc, a technology company, develops and lists exchange traded products in Canada, Bermuda, and the Cayman Islands. The company provides asset management services, such as investment vehicles, indirect exposure to underlying cryptocurrencies, digital asset indexes, and other decentralized finance instruments.