Northland Capmk Predicts OTC:DEFTF FY2024 Earnings

DeFi Technologies Inc. (OTC:DEFTF) – Equities researchers at Northland Capmk issued their FY2024 earnings estimates for shares of DeFi Technologies in a research report issued on Wednesday, January 15th. Northland Capmk analyst M. Grondahl forecasts that the company will earn $0.24 per share 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 $0.26 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.

A number of other brokerages also recently issued reports on DEFTF. B. Riley raised shares of DeFi Technologies to a “strong-buy” rating in a research note on Wednesday, October 23rd. HC Wainwright raised DeFi Technologies to a “strong-buy” rating in a research note on Thursday, December 12th.

DeFi Technologies Trading Up 2.4 %

DeFi Technologies stock opened at $3.14 on Monday. The company has a market capitalization of $1.02 billion and a PE ratio of 15.72. The stock has a 50-day moving average price of $2.78 and a two-hundred day moving average price of $2.14. DeFi Technologies has a 12 month low of $0.29 and a 12 month high of $3.75.

DeFi Technologies Company Profile

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.