Fold Holdings, Inc. (NASDAQ:FLD – Free Report) – HC Wainwright issued their FY2026 earnings per share estimates for Fold in a research note issued to investors on Wednesday, August 13th. HC Wainwright analyst K. Dede anticipates that the company will post earnings per share of ($0.31) for the year.
Other equities research analysts also recently issued research reports about the company. Northland Capmk raised Fold to a “strong-buy” rating in a research report on Tuesday, May 27th. Cantor Fitzgerald began coverage on Fold in a research report on Monday, July 28th. They issued an “overweight” rating and a $6.50 price objective for the company. Finally, Northland Securities began coverage on Fold in a research report on Tuesday, May 27th. They issued an “outperform” rating and a $10.00 price objective for the company.
Fold Stock Down 3.6%
Fold stock opened at $3.97 on Thursday. The company has a quick ratio of 2.16, a current ratio of 1.60 and a debt-to-equity ratio of 0.90. The stock has a 50 day moving average of $4.42 and a two-hundred day moving average of $5.51. Fold has a twelve month low of $2.51 and a twelve month high of $14.00.
Fold (NASDAQ:FLD – Get Free Report) last posted its quarterly earnings data on Tuesday, August 12th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.08). The company had revenue of $8.18 million during the quarter, compared to analysts’ expectations of $8.07 million.
Institutional Investors Weigh In On Fold
A number of institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC purchased a new stake in Fold during the second quarter valued at about $749,000. Baird Financial Group Inc. purchased a new stake in Fold during the second quarter valued at about $445,000. DLD Asset Management LP purchased a new stake in Fold during the second quarter valued at about $102,000. Van Hulzen Asset Management LLC purchased a new stake in Fold during the second quarter valued at about $43,000. Finally, Harvest Portfolios Group Inc. acquired a new position in shares of Fold during the second quarter worth about $43,000. Hedge funds and other institutional investors own 56.89% of the company’s stock.
Fold Company Profile
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.
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