Diamond Equity Has Negative Outlook for BitFuFu Q1 Earnings

BitFuFu Inc. (NASDAQ:FUFU) – Investment analysts at Diamond Equity dropped their Q1 2025 earnings per share estimates for shares of BitFuFu in a research report issued to clients and investors on Thursday, March 27th. Diamond Equity analyst H. Diamond now forecasts that the company will post earnings of $0.06 per share for the quarter, down from their prior forecast of $0.07. The consensus estimate for BitFuFu’s current full-year earnings is $0.17 per share. Diamond Equity also issued estimates for BitFuFu’s Q2 2025 earnings at $0.06 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.27 EPS, Q1 2026 earnings at $0.11 EPS, Q2 2026 earnings at $0.14 EPS, Q3 2026 earnings at $0.15 EPS, Q4 2026 earnings at $0.17 EPS and FY2026 earnings at $0.57 EPS.

Separately, HC Wainwright reiterated a “buy” rating and issued a $7.00 target price on shares of BitFuFu in a research note on Wednesday, March 26th.

BitFuFu Price Performance

Shares of NASDAQ:FUFU opened at $4.68 on Monday. BitFuFu has a fifty-two week low of $2.32 and a fifty-two week high of $7.39. The company’s 50-day moving average is $4.90 and its 200 day moving average is $4.92. The company has a debt-to-equity ratio of 0.88, a quick ratio of 4.09 and a current ratio of 4.09. The company has a market capitalization of $763.34 million, a P/E ratio of 13.37 and a beta of 0.24.

BitFuFu (NASDAQ:FUFU) last posted its quarterly earnings data on Tuesday, March 25th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.17. BitFuFu had a return on equity of 40.15% and a net margin of 8.17%. The business had revenue of $99.29 million for the quarter, compared to analysts’ expectations of $99.29 million.

Institutional Investors Weigh In On BitFuFu

Several large investors have recently added to or reduced their stakes in FUFU. OLD Mission Capital LLC purchased a new stake in shares of BitFuFu during the 4th quarter valued at approximately $67,000. WINTON GROUP Ltd bought a new stake in shares of BitFuFu during the 4th quarter valued at $83,000. Prospect Financial Group LLC purchased a new stake in BitFuFu during the 4th quarter worth about $50,000. XTX Topco Ltd bought a new position in BitFuFu in the 3rd quarter worth about $107,000. Finally, Jane Street Group LLC grew its holdings in BitFuFu by 14.0% during the 3rd quarter. Jane Street Group LLC now owns 16,153 shares of the company’s stock valued at $65,000 after buying an additional 1,984 shares in the last quarter. Hedge funds and other institutional investors own 37.26% of the company’s stock.

About BitFuFu

BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.