Free Trial
NASDAQ:FUFU

BitFuFu (FUFU) Stock Price, News & Analysis

BitFuFu logo
$5.26 -0.21 (-3.84%)
(As of 11/20/2024 ET)

About BitFuFu Stock (NASDAQ:FUFU)

Key Stats

Today's Range
$5.16
$5.65
50-Day Range
$3.44
$5.80
52-Week Range
$2.32
$18.32
Volume
120,748 shs
Average Volume
157,687 shs
Market Capitalization
$857.96 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.00
Consensus Rating
Buy

Company Overview

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.

BitFuFu Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
59th Percentile Overall Score

FUFU MarketRank™: 

BitFuFu scored higher than 59% of companies evaluated by MarketBeat, and ranked 543rd out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    BitFuFu has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    BitFuFu has only been the subject of 1 research reports in the past 90 days.

  • Read more about BitFuFu's stock forecast and price target.
  • Earnings Growth

    Earnings for BitFuFu are expected to decrease by -5.88% in the coming year, from $0.17 to $0.16 per share.

  • Price to Book Value per Share Ratio

    BitFuFu has a P/B Ratio of 7.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about BitFuFu's valuation and earnings.
  • Percentage of Shares Shorted

    2.74% of the float of BitFuFu has been sold short.
  • Short Interest Ratio / Days to Cover

    BitFuFu has a short interest ratio ("days to cover") of 5.
  • Change versus previous month

    Short interest in BitFuFu has recently decreased by 8.45%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    BitFuFu does not currently pay a dividend.

  • Dividend Growth

    BitFuFu does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.74% of the float of BitFuFu has been sold short.
  • Short Interest Ratio / Days to Cover

    BitFuFu has a short interest ratio ("days to cover") of 5.
  • Change versus previous month

    Short interest in BitFuFu has recently decreased by 8.45%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    BitFuFu has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for BitFuFu this week, compared to 2 articles on an average week.
  • Search Interest

    1 people have searched for FUFU on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, BitFuFu insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    35.00% of the stock of BitFuFu is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 37.26% of the stock of BitFuFu is held by institutions.

  • Read more about BitFuFu's insider trading history.
Receive FUFU Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for BitFuFu and its competitors with MarketBeat's FREE daily newsletter.

FUFU Stock News Headlines

BitFuFu Announces Board Changes Amidst Growth
BitFuFu Announces Changes in Board of Directors
My #1 Pre IPO Trade for 2025 – NAME and TICKER
One tiny company... Could quickly become "the next SpaceX." It plans to go public on the NASDAQ. And today you can buy Pre-IPO shares for less than $4.00. Get urgent details inside this free report...
BitFuFu Secures $100 Million Credit Line
See More Headlines

FUFU Stock Analysis - Frequently Asked Questions

BitFuFu's stock was trading at $6.00 at the start of the year. Since then, FUFU stock has decreased by 12.3% and is now trading at $5.26.
View the best growth stocks for 2024 here
.

BitFuFu Inc. (NASDAQ:FUFU) issued its quarterly earnings results on Tuesday, August, 20th. The company reported $0.01 EPS for the quarter. The business earned $129.42 million during the quarter. BitFuFu had a net margin of 8.17% and a trailing twelve-month return on equity of 40.15%.

BitFuFu's top institutional investors include Exchange Traded Concepts LLC (0.32%), Wellington Management Group LLP (0.02%), XTX Topco Ltd (0.02%) and Jane Street Group LLC (0.01%).

Shares of FUFU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that BitFuFu investors own include Basilea Pharmaceutica (BPMUF), Bionomics (BNOX), BOC Hong Kong (BHKLY), Babcock International Group (BCKIY), Avenue Therapeutics (ATXI), ATI (ATI) and Adtalem Global Education (ATGE).

Company Calendar

Last Earnings
8/20/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
4/10/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
Banking
Current Symbol
NASDAQ:FUFU
Previous Symbol
NASDAQ:FUFU
Fax
N/A
Employees
29
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.00
High Stock Price Target
$7.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+33.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$10.49 million
Pretax Margin
9.87%

Debt

Sales & Book Value

Annual Sales
$284.11 million
Cash Flow
$6.58 per share
Book Value
$3.36 per share

Miscellaneous

Free Float
106,020,000
Market Cap
$857.96 million
Optionable
N/A
Beta
0.12
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

This page (NASDAQ:FUFU) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners