Northland Capmk Predicts OTC:DEFTF FY2024 Earnings

DeFi Technologies Inc. (OTC:DEFTF) – Analysts at Northland Capmk issued their FY2024 earnings per share (EPS) estimates for shares of DeFi Technologies in a report released on Wednesday, January 15th. Northland Capmk analyst M. Grondahl anticipates that the company will post earnings per share of $0.24 for the year. Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for DeFi Technologies’ current full-year earnings is $0.25 per share. Northland Capmk also issued estimates for DeFi Technologies’ Q4 2024 earnings at $0.04 EPS, Q1 2025 earnings at $0.04 EPS, Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.05 EPS, FY2025 earnings at $0.17 EPS, Q1 2026 earnings at $0.05 EPS, Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.06 EPS, Q4 2026 earnings at $0.06 EPS and FY2026 earnings at $0.21 EPS.

Several other analysts have also issued reports on the company. HC Wainwright raised DeFi Technologies to a “strong-buy” rating in a research note on Thursday, December 12th. B. Riley raised shares of DeFi Technologies to a “strong-buy” rating in a research report on Wednesday, October 23rd.

DeFi Technologies Stock Performance

DeFi Technologies stock opened at $3.16 on Monday. The stock has a market cap of $1.02 billion and a P/E ratio of 15.80. DeFi Technologies has a fifty-two week low of $0.33 and a fifty-two week high of $3.75. The firm’s fifty day moving average price is $2.80 and its 200-day moving average price is $2.15.

About DeFi Technologies

DeFi Technologies Inc, a technology company, develops and lists exchange traded products in Canada, Bermuda, and the Cayman Islands. The company provides asset management services, such as investment vehicles, indirect exposure to underlying cryptocurrencies, digital asset indexes, and other decentralized finance instruments.