BitFuFu

FUFU · NASDAQ

$1.08+$0.0826 (+8.28%)TodayMarket closed · Oct 23, 7:45 PM ET

Prev close $0.9974

FUFU analyst rating

BuyConsensus of 2 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy2
Hold0
Underperform0
Sell0

12-month price target · 5 analysts

Average $3.74 (+246.3% upside)

Low: $3.03
Now: $1.08
High: $4.20

Upgrades and downgrades

The latest rating actions, newest first

FUFU analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
HC Wainwright & Co.	Mar 23, 2026	Maintains	Buy	$7.00 → $4.00	37%
B. Riley Securities	Nov 18, 2025	Maintains	Buy	$7.00 → $6.00	33%
HC Wainwright & Co.	Nov 13, 2025	Maintains	Buy	$7.00	37%

The case for and against

Updated May 5, 2026

Bull case

BitFuFu is predicted to generate strong revenue in FY26 through its one-stop cloud-mining services and miner hosting services, with expectations of returning to a network hashrate of 30Eh/s by 3Q26. The company's unique business model, pivoting between self-mining and cloud mining based on customer demand, shows adaptability and potential for growth. However, potential risks include regulation and supervision given the company's relationship with a large Chinese entity, as well as typical business risks such as dilution and currency exchange.

Bear case

BitFuFu is facing a challenging environment due to its reliance on hashrate leases and the recent decline in cryptocurrency prices, leading to a reduction in their estimated revenue and cash flow. The company's cloud mining segment has provided stability in the past, but their model may not be able to fully mitigate the effects of volatility in the mining industry. Additionally, BitFuFu's growth is currently capacity constrained, and their expansion plans may face delays. Overall, the negative outlook is based on the company's exposure to market fluctuations, limited capacity for growth, and potentially delayed expansion plans.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.