HC Wainwright Cuts Fold (NASDAQ:FLD) Price Target to $3.00

Fold (NASDAQ:FLD) had its price target decreased by HC Wainwright from $7.00 to $3.00 in a research note released on Wednesday morning,Benzinga reports. HC Wainwright currently has a buy rating on the stock. HC Wainwright also issued estimates for Fold’s Q1 2026 earnings at ($0.14) EPS, Q2 2026 earnings at ($0.14) EPS, Q3 2026 earnings at ($0.14) EPS, Q4 2026 earnings at ($0.14) EPS and FY2026 earnings at ($0.56) EPS.

A number of other brokerages also recently commented on FLD. Wall Street Zen downgraded Fold from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of Fold in a research report on Thursday, January 22nd. Finally, Cantor Fitzgerald cut their price target on Fold from $4.50 to $2.00 and set an “overweight” rating on the stock in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $5.00.

Fold Price Performance

Shares of NASDAQ:FLD opened at $1.16 on Wednesday. The company has a market cap of $56.04 million, a PE ratio of -0.48 and a beta of 0.23. Fold has a fifty-two week low of $1.00 and a fifty-two week high of $8.50. The firm has a 50-day simple moving average of $1.67 and a 200 day simple moving average of $2.73. The company has a quick ratio of 1.44, a current ratio of 0.86 and a debt-to-equity ratio of 1.09.

Insider Buying and Selling at Fold

In other news, CFO Wolfe Repass sold 21,857 shares of Fold stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $1.48, for a total value of $32,348.36. Following the transaction, the chief financial officer directly owned 150,377 shares of the company’s stock, valued at $222,557.96. This trade represents a 12.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold 97,120 shares of company stock valued at $143,439 over the last quarter. Company insiders own 66.80% of the company’s stock.

Institutional Investors Weigh In On Fold

Several hedge funds have recently made changes to their positions in FLD. Vanguard Group Inc. boosted its stake in Fold by 650.5% in the 3rd quarter. Vanguard Group Inc. now owns 1,775,506 shares of the company’s stock worth $6,853,000 after purchasing an additional 1,538,920 shares during the period. Geode Capital Management LLC acquired a new stake in Fold during the 2nd quarter valued at $749,000. Baird Financial Group Inc. acquired a new stake in Fold during the 2nd quarter valued at $445,000. Vontobel Holding Ltd. purchased a new stake in shares of Fold in the third quarter valued at $309,000. Finally, Cypress Point Wealth Management LLC purchased a new stake in shares of Fold in the third quarter valued at $210,000. Hedge funds and other institutional investors own 56.89% of the company’s stock.

Trending Headlines about Fold

Here are the key news stories impacting Fold this week:

• Positive Sentiment: HC Wainwright continues to carry a “Buy” rating and a $3.00 price target on FLD, providing an upside anchor for bulls despite more conservative earnings estimates. HC Wainwright Issues Pessimistic Forecast for Fold (NASDAQ:FLD) Stock Price
• Neutral Sentiment: Northland Securities published detailed Q1–Q4 and FY2026 EPS forecasts for FLD, projecting quarterly losses of roughly ($0.14)–($0.15) and a FY2026 loss of about ($0.57) — useful visibility on expected near-term profitability but not a rating change. Fold Holdings, Inc. (FLD) — MarketBeat
• Neutral Sentiment: Broader industry headlines around upcoming foldable iPhone and Samsung foldable releases are generating sector attention; these product-cycle rumors may drive thematic interest in anything “fold”-branded but are not directly tied to FLD’s fundamentals. Rumor: iPhone Fold may launch months after iPhone 18 Pro
• Negative Sentiment: Cantor Fitzgerald lowered its price target on FLD to $2.00, signaling reduced near-term upside from that shop and adding downward pressure on market expectations. Cantor Fitzgerald Lowers Fold (NASDAQ:FLD) Price Target to $2.00
• Negative Sentiment: HC Wainwright trimmed its FY2026 EPS forecast materially (from about ($0.32) previously to ~$($0.56)), increasing concerns about the company’s path to profitability and raising downside risk despite the still-optimistic $3 target. HC Wainwright Issues Pessimistic Forecast for Fold (NASDAQ:FLD) Stock Price

About Fold

Fold, trading under the ticker FLD on the NASDAQ, is a financial technology company specializing in bitcoin rewards and cryptocurrency-based consumer products. The company’s core offering enables users to earn bitcoin on everyday purchases through a prepaid Visa debit card, converting traditional currency transactions into bitcoin rewards at no extra cost. By partnering with major payment networks and merchant platforms, Fold aims to bridge the gap between mainstream spending and digital asset adoption.

Beyond the debit card, Fold offers a mobile application that integrates with the Bitcoin Lightning Network to facilitate faster and more cost-efficient transactions.