Northland Securities has revised its FY2026 EPS estimate for DeFi Technologies (NASDAQ:DEFT) down to ($0.01) from $0.08. This downgrade follows similar actions from other brokerages, including Benchmark cutting its price target to $3 and Weiss Ratings and Wall Street Zen issuing “sell” ratings. Despite these changes, the consensus rating from MarketBeat remains a “Moderate Buy” with a $4.50 price target, as the stock trades near its 1-year low, and institutional investors like Charles Schwab and Millennium Management have significantly increased their stakes.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
FY2026 EPS Forecast for DeFi Technologies Cut by Analyst
Northland Securities has revised its FY2026 EPS estimate for DeFi Technologies (NASDAQ:DEFT) down to ($0.01) from $0.08. This downgrade follows similar actions from other brokerages, including Benchmark cutting its price target to $3 and Weiss Ratings and Wall Street Zen issuing “sell” ratings. Despite these changes, the consensus rating from MarketBeat remains a “Moderate Buy” with a $4.50 price target, as the stock trades near its 1-year low, and institutional investors like Charles Schwab and Millennium Management have significantly increased their stakes.