Future Outlook And Stock Price Performance For BitFuFu Inc (NASDAQ: FUFU)

In the last trading session, 1.04 million shares of the BitFuFu Inc (NASDAQ:FUFU) were traded, and its beta was 0.28. Most recently the company’s share price was $5.50, and it changed around $1.04 or 23.32% from the last close, which brings the market valuation of the company to $897.09M. FUFU currently trades at a discount to its 52-week high of $7.39, offering almost -34.36% off that amount. The share price’s 52-week low was $2.32, which indicates that the current value has risen by an impressive 57.82% since then. We note from BitFuFu Inc’s average daily trading volume that its 10-day average is 0.3 million shares, with the 3-month average coming to 156.96K.

BitFuFu Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended FUFU as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. BitFuFu Inc is expected to report earnings per share of 0.07 for the current quarter.

BitFuFu Inc (NASDAQ:FUFU) trade information

Instantly FUFU has showed a green trend with a performance of 23.32% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.80 on recent trading dayincreased the stock’s daily price by 5.17%. The company’s shares are currently up 11.11% year-to-date, but still up 30.33% over the last five days. On the other hand, BitFuFu Inc (NASDAQ:FUFU) is 7.00% up in the 30-day period. We can see from the shorts that 0.4 million shares have been sold at a short interest cover period of 2.7 day(s).

BitFuFu Inc (FUFU) estimates and forecasts

The year-over-year growth rate is expected to be 5.27%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 121.15M in revenue for the current quarter. 1 analysts expect BitFuFu Inc to make 139.32M in revenue for the current ending quarter.

FUFU Dividends

BitFuFu Inc’s next quarterly earnings report is expected to be released in April.

BitFuFu Inc (NASDAQ:FUFU)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 47.68% of BitFuFu Inc shares, and 3.27% of them are in the hands of institutional investors. The stock currently has a share float of 6.26%.

Bitwise Crypto Industry Innovators ETF and Fidelity Nasdaq Composite Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 504.52 shares worth $2.77 million, making up 1.80% of all outstanding shares. On the other hand, Fidelity Nasdaq Composite Index Fund held roughly 17.33 shares worth around $95320.0, which represents about 0.06% of the total shares outstanding.