CORRECTED-Fold Holdings Q4 revenue misses estimates
Overview
US bitcoin financial services firm's Q4 revenue rose 8% yr/yr but missed analyst expectations
Adjusted EBITDA loss for Q4 came in better than analyst estimates
Outlook
Company expects 2026 growth from credit card rollout, consumer products, and enterprise business expansion
Fold is not providing specific 2026 revenue guidance due to limited credit card launch
Result Drivers
VOLUME DECLINE - Total transaction volume fell 3% yr/yr in Q4 to $215 mln
Company press release: ID:nGNX6nJWm8
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Miss | $9.1 mln | $10.12 mln (4 Analysts) |
Q4 Adjusted EBITDA | Beat | -$4.1 mln | -$5.25 mln (3 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the blockchain & cryptocurrency peer group is "buy"
Wall Street's median 12-month price target for Fold Holdings Inc is $7.00, about 464.5% above its March 16 closing price of $1.24
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