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BitFuFu Inc.NasdaqCM:FUFU Stock Report

Market Cap US$253.3m
Share Price
n/a
1Y-53.7%
7D-14.1%
1D-3.9%
Portfolio Value
View

BitFuFu Inc.

NasdaqCM:FUFU Stock Report

Market Cap: US$253.3m

FUFU Community Fair Values

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BitFuFu Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for BitFuFu
Historical stock prices
Current Share PriceUS$1.46
52 Week HighUS$5.38
52 Week LowUS$1.48
Beta0.42
1 Month Change-28.78%
3 Month Change-22.75%
1 Year Change-53.65%
3 Year Change-86.13%
5 Year Changen/a
Change since IPO-84.96%

Recent News & Updates

Narrative Update Jun 17

FUFU: Cloud And Self Mining Mix Will Support Higher 20x Multiple

Analysts have made mixed adjustments to their BitFuFu price targets, citing updated views on revenue growth, profit margins, and a higher future P/E assumption. These changes result in a blended shift of roughly $2 to $3 in expected upside or downside for the stock.
Narrative Update Jun 02

FUFU: Future P/E Upside Will Rely On Executing Cloud And Self Mining

Analysts have trimmed their blended 12‑month price target on BitFuFu by $0.50, reflecting updated views on fair value, discount rates, revenue growth, profit margins and forward P/E after recent target resets from Roth Capital, B. Riley and H.C. Wainwright.
Seeking Alpha May 31

BitFuFu: A Buy Is Becoming Difficult To Justify (Rating Downgrade)

Summary BitFuFu is downgraded to Hold after Q1 FY26 results reveal persistent tight margins. FUFU’s dual-engine model hedges revenue volatility, with cloud mining now 79% of revenue, but cost structure remains burdened by related-party hosting fees. Operational efficiency improved: hashrate under management rose 25.7% YoY while power capacity fell, yet gross margin stayed minimal at 0.51%. The balance sheet remains strong with $141.5 million in liquid assets, but significant working capital is tied up with related parties, further adding cash conversion risk. Read the full article on Seeking Alpha

Recent updates

Narrative Update Jun 17

FUFU: Cloud And Self Mining Mix Will Support Higher 20x Multiple

Analysts have made mixed adjustments to their BitFuFu price targets, citing updated views on revenue growth, profit margins, and a higher future P/E assumption. These changes result in a blended shift of roughly $2 to $3 in expected upside or downside for the stock.
Narrative Update Jun 02

FUFU: Future P/E Upside Will Rely On Executing Cloud And Self Mining

Analysts have trimmed their blended 12‑month price target on BitFuFu by $0.50, reflecting updated views on fair value, discount rates, revenue growth, profit margins and forward P/E after recent target resets from Roth Capital, B. Riley and H.C. Wainwright.
Seeking Alpha May 31

BitFuFu: A Buy Is Becoming Difficult To Justify (Rating Downgrade)

Summary BitFuFu is downgraded to Hold after Q1 FY26 results reveal persistent tight margins. FUFU’s dual-engine model hedges revenue volatility, with cloud mining now 79% of revenue, but cost structure remains burdened by related-party hosting fees. Operational efficiency improved: hashrate under management rose 25.7% YoY while power capacity fell, yet gross margin stayed minimal at 0.51%. The balance sheet remains strong with $141.5 million in liquid assets, but significant working capital is tied up with related parties, further adding cash conversion risk. Read the full article on Seeking Alpha
Narrative Update May 19

FUFU: Higher Future P/E Will Depend On Executing Cloud And Self Mining

Analysts have trimmed their average BitFuFu price target by $3 overall, balancing a $2 increase from one firm against $3 cuts from two others, as they factor in updated assumptions on growth, profitability and future P/E expectations. Analyst Commentary Recent Street research on BitFuFu has included both trims and lifts to price targets, with analysts recalibrating their models around updated assumptions for growth, profitability and future P/E levels.
Narrative Update May 04

FUFU: Higher Margin Outlook Will Support Future P/E Re Rating

Analysts cut their average BitFuFu price target by about $2, reflecting lower revenue expectations, higher projected profit margins and a reduced assumed future P/E multiple. Analyst Commentary Recent research shows a split view on BitFuFu, with some analysts trimming targets and others lifting them, resulting in a modest net cut to the average price target.
Narrative Update Apr 18

FUFU: Cloud And Self Mining Mix Will Support Higher Future Efficiency

Narrative Update The updated analyst price target for BitFuFu moves lower by about $2.50, as analysts factor in a sharply reduced revenue growth outlook, higher profit margin assumptions, and a reset to a lower forward P/E multiple. Analyst Commentary Recent Street research on BitFuFu shows a split view, with one firm lifting its price target by $2 and two firms cutting their targets by $3.
Narrative Update Apr 04

FUFU: Stronger Margins And Bitcoin Output Will Support Higher Future P/E

BitFuFu's updated analyst price target has been reduced by $2.50, reflecting a lower fair value estimate and higher discount rate. This comes even as analysts factor in weaker revenue expectations alongside a stronger projected profit margin and a less extreme future P/E assumption.
Narrative Update Mar 21

FUFU: Future P/E Expansion Will Highlight Strength Of Recent Bitcoin Production

Analysts have trimmed their price target on BitFuFu from about $7.25 to roughly $5.88, citing updated assumptions for fair value, a higher discount rate, more modest revenue growth, slimmer profit margins, and a much higher future P/E multiple in their models. What's in the News BitFuFu reported unaudited production results for February 2026, with 227 BTC mined in total, including 190 BTC from cloud mining and 37 BTC from self mining (company announcement).
Narrative Update Mar 06

FUFU: Future Bitcoin Production Mix Will Support Higher Forward P/E

Analysts have revised their price target for BitFuFu from $10.27 to $7.00, citing updates to fair value estimates, discount rate assumptions, revenue growth expectations, profit margin outlook and future P/E levels. What's in the News BitFuFu reported unaudited production for February 2026 of 227 BTC, including 190 BTC from cloud mining and 37 BTC from self mining (company announcement of operating results).
Narrative Update Feb 19

FUFU: Cloud And Self Mining Mix Will Support Higher Future Earnings Profile

Analysts have trimmed their BitFuFu price target to reflect a much higher assumed future P/E multiple, along with a sharply lower projected profit margin, shifting their view of how much investors may be willing to pay for the company’s earnings profile in dollar terms. What's in the News BitFuFu reported unaudited production for January 2026 of 229 BTC, with 183 BTC from cloud mining and 46 BTC from self mining (company announcement).
Narrative Update Feb 05

FUFU: Cloud And Self Mining Mix Will Support Stronger Future Performance

Analysts have trimmed their price target for BitFuFu to US$5.50, reflecting small adjustments to their assumptions on discount rate, revenue growth, profit margin, and future P/E that collectively point to a slightly more cautious outlook on the shares. What's in the News BitFuFu reported unaudited production results for December 2025, with 188 BTC mined in total, including 151 BTC from cloud mining and 37 BTC from self mining (company announcement).
Narrative Update Jan 22

FUFU: Hosted Mining And Platform Scale Will Drive Stronger Future Performance

Analysts have trimmed their price target on BitFuFu to reflect a slightly lower assumed future P/E of about 11.12x, while keeping fair value around $5.50 as they factor in modest adjustments to the discount rate, revenue growth and profit margin assumptions. What's in the News Reported unaudited production for December 2025 of 188 BTC, with 151 BTC from cloud mining and 37 BTC from self mining, giving investors a recent snapshot of operational output.
Analysis Article Jan 15

BitFuFu Inc. (NASDAQ:FUFU) Shares Fly 28% But Investors Aren't Buying For Growth

BitFuFu Inc. ( NASDAQ:FUFU ) shareholders are no doubt pleased to see that the share price has bounced 28% in the last...
Narrative Update Jan 07

FUFU: Hosted Mining Platform Expansion Will Support Stronger Future Performance

Analysts have lifted their price target on BitFuFu to about US$5.50, reflecting updated assumptions that include slightly adjusted discount rates, higher projected revenue growth, a stronger profit margin outlook, and a lower future P/E multiple. What's in the News Reported unaudited November 2025 production of 231 BTC, including 190 BTC from cloud mining and 41 BTC from self mining, giving investors fresh monthly output data to track.
Analysis Article Jan 05

Would BitFuFu (NASDAQ:FUFU) Be Better Off With Less Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update Dec 15

FUFU: Cloud Mining Platform Expansion Will Drive Stronger Future Performance

Analysts have trimmed their price target on BitFuFu from approximately $6.00 to $5.50, citing expectations for slower revenue growth, thinner profit margins, and a higher future valuation multiple. Together, these factors warrant a slightly more conservative fair value estimate.
Analysis Article Nov 13

There's No Escaping BitFuFu Inc.'s (NASDAQ:FUFU) Muted Earnings

With a price-to-earnings (or "P/E") ratio of 10.1x BitFuFu Inc. ( NASDAQ:FUFU ) may be sending bullish signals at the...
Analysis Article Jul 24

Investors Still Aren't Entirely Convinced By BitFuFu Inc.'s (NASDAQ:FUFU) Revenues Despite 28% Price Jump

Those holding BitFuFu Inc. ( NASDAQ:FUFU ) shares would be relieved that the share price has rebounded 28% in the last...
User avatar
New Narrative Apr 29

Owning Data Centers And Power Assets Will Cut Hosting Costs

Transition to owning data center assets and low-cost power facilities aims to enhance operational efficiency and lower Bitcoin mining costs, boosting profitability.
Analysis Article Apr 26

Lacklustre Performance Is Driving BitFuFu Inc.'s (NASDAQ:FUFU) 29% Price Drop

BitFuFu Inc. ( NASDAQ:FUFU ) shareholders that were waiting for something to happen have been dealt a blow with a 29...
Analysis Article Feb 22

There's No Escaping BitFuFu Inc.'s (NASDAQ:FUFU) Muted Revenues

BitFuFu Inc.'s ( NASDAQ:FUFU ) price-to-sales (or "P/S") ratio of 1.9x might make it look like a strong buy right now...
Analysis Article Dec 13

We Think BitFuFu (NASDAQ:FUFU) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Nov 07

BitFuFu Inc.'s (NASDAQ:FUFU) 26% Jump Shows Its Popularity With Investors

BitFuFu Inc. ( NASDAQ:FUFU ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
Analysis Article May 21

Is BitFuFu (NASDAQ:FUFU) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

FUFUUS SoftwareUS Market
7D-14.1%-4.3%-2.5%
1Y-53.7%-23.9%20.1%

Return vs Industry: FUFU underperformed the US Software industry which returned -23.9% over the past year.

Return vs Market: FUFU underperformed the US Market which returned 20.1% over the past year.

Price Volatility

Is FUFU's price volatile compared to industry and market?
FUFU volatility
FUFU Average Weekly Movement12.2%
Software Industry Average Movement10.0%
Market Average Movement7.2%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: FUFU's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: FUFU's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a29Leo Luwww.bitfufu.com

BitFuFu Inc., together with its subsidiaries, provides digital asset mining solutions in North America, Asia, Africa, Oceania, Europe, and internationally. The company offers cloud-mining and miner hosting services to institutional customers and individual digital asset enthusiasts. It also provides Bitcoin self-mining, mining machine hosting, and other services.

BitFuFu Inc. Fundamentals Summary

How do BitFuFu's earnings and revenue compare to its market cap?
FUFU fundamental statistics
Market capUS$253.31m
Earnings (TTM)-US$49.35m
Revenue (TTM)US$472.15m
0.5x
P/S Ratio
-4.9x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FUFU income statement (TTM)
RevenueUS$472.15m
Cost of RevenueUS$423.75m
Gross ProfitUS$48.40m
Other ExpensesUS$97.74m
Earnings-US$49.35m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.30
Gross Margin10.25%
Net Profit Margin-10.45%
Debt/Equity Ratio94.4%

How did FUFU perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/25 22:29
End of Day Share Price 2026/06/25 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

BitFuFu Inc. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas GilesB. Riley Securities, Inc.
Kevin DedeH.C. Wainwright & Co.
Michael GrondahlNorthland Capital Markets