Diamond Equity Adjusts Earnings Forecast for BitFuFu in Q1 2025

On March 27th, 2025, stock analysts at Diamond Equity updated their earnings estimates for BitFuFu Inc. (NASDAQ:FUFU). The new projection indicates a decrease in expected earnings for Q1 2025, now estimated at $0.06 per share, down from the previous forecast of $0.07.

For the full year 2025, the consensus earnings estimate for BitFuFu stands at $0.17 per share. Diamond Equity analysts have also provided earnings estimates for subsequent quarters: $0.06 for Q2 2025, $0.07 for Q3 2025, $0.08 for Q4 2025, and an overall FY2025 earnings estimate of $0.27 per share. Looking further ahead, they have predicted Q1 2026 earnings at $0.11, Q2 2026 at $0.14, Q3 2026 at $0.15, and Q4 2026 at $0.17, resulting in an FY2026 earnings forecast of $0.57 per share.

In a separate note, HC Wainwright maintained a “buy” rating on BitFuFu stock and set a target price of $7.00, signaling confidence in the company’s potential despite the revised earnings estimate.

BitFuFu Stock Overview

As of the last market opening, BitFuFu shares traded at $4.68. The company's market capitalization is approximately $763.34 million, with a price-to-earnings ratio of 13.37 and a beta of 0.24, indicating lower volatility compared to the broader market. The stock has shown considerable fluctuations within a 12-month range, recording a low of $2.32 and a high of $7.39.

Recently, on March 25th, BitFuFu released its quarterly earnings report, revealing earnings of $0.14 per share, which was significantly better than analysts' expectations of a loss of $0.03. Furthermore, the company reported revenue matching analyst forecasts at $99.29 million, along with a return on equity of 40.15% and a net margin of 8.17%.

Investors' Interest in BitFuFu

BitFuFu has seen a notable interest from large institutional investors. In the fourth quarter, Prospect Financial Group LLC acquired a new position valued at $50,000, while OLD Mission Capital LLC made a purchase worth around $67,000. Jane Street Group LLC increased its stake by 14% earlier, now holding 16,153 shares. Moreover, WINTON GROUP Ltd and XTX Topco Ltd also bought new shares, focusing on expanding their investments in BitFuFu. Collectively, institutional investors currently own about 37.26% of BitFuFu’s stock.

About BitFuFu

BitFuFu Inc. is engaged in providing digital asset mining and cloud-mining services in Singapore. The company also specializes in miner rental, as well as offering hosting and sales services targeted at both institutional clients and individual digital asset enthusiasts.

Conclusion

With recent adjustments to earnings estimates and ongoing interest from institutional investors, BitFuFu remains a significant player in the digital asset space, presenting both opportunities and challenges for current and prospective investors.

BitFuFu, Earnings, Analyst