What is HC Wainwright’s Forecast for Fold FY2025 Earnings?

Fold Holdings, Inc. (NASDAQ:FLD) – HC Wainwright reduced their FY2025 EPS estimates for Fold in a note issued to investors on Tuesday, November 11th. HC Wainwright analyst K. Dede now anticipates that the company will post earnings of ($0.08) per share for the year, down from their previous estimate of ($0.01). HC Wainwright also issued estimates for Fold’s Q4 2025 earnings at ($0.11) EPS and FY2026 earnings at ($0.32) EPS.

Fold (NASDAQ:FLD) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.03). The business had revenue of $7.40 million for the quarter, compared to the consensus estimate of $9.20 million.

Other research analysts have also issued research reports about the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fold in a report on Wednesday, October 8th. Cantor Fitzgerald initiated coverage on shares of Fold in a research report on Monday, July 28th. They issued an “overweight” rating and a $6.50 target price for the company. Finally, Wall Street Zen raised shares of Fold from a “sell” rating to a “hold” rating in a report on Saturday, October 11th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, Fold currently has an average rating of “Moderate Buy” and a consensus price target of $7.83.

Fold Stock Up 1.1%

Shares of NASDAQ FLD traded up $0.04 during mid-day trading on Thursday, reaching $3.14. The company had a trading volume of 19,686 shares, compared to its average volume of 445,928. The firm has a 50 day simple moving average of $3.63 and a two-hundred day simple moving average of $4.03. The stock has a market cap of $146.69 million, a P/E ratio of -5.23 and a beta of 0.16. Fold has a 52-week low of $2.51 and a 52-week high of $14.00. The company has a current ratio of 1.47, a quick ratio of 1.58 and a debt-to-equity ratio of 0.87.

Hedge Funds Weigh In On Fold

A number of hedge funds have recently modified their holdings of FLD. Aptus Capital Advisors LLC bought a new position in Fold during the third quarter worth $39,000. Evernest Financial Advisors LLC bought a new position in shares of Fold during the 3rd quarter worth $165,000. Vanguard Group Inc. grew its position in shares of Fold by 650.5% in the third quarter. Vanguard Group Inc. now owns 1,775,506 shares of the company’s stock valued at $6,853,000 after purchasing an additional 1,538,920 shares in the last quarter. Valeo Financial Advisors LLC purchased a new stake in shares of Fold in the third quarter worth about $47,000. Finally, Vontobel Holding Ltd. purchased a new position in shares of Fold during the 3rd quarter valued at $309,000. Institutional investors and hedge funds own 56.89% of the company’s stock.

About Fold

FTAC Emerald Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination with one or more businesses or assets operating in the clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors.