DeFi Technologies Inc. (DEFT)Financial Services | Capital Markets | Toronto, Canada | NasdaqCM
0.43 USD
-0.01
(-3.356%) ⇩
(Oct. 16, 2026, 11:22 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 7:20 a.m. EDT
The investment thesis here is a classic case of a speculative turnaround story where the market is pricing in a binary outcome rather than steady growth. Fundamentally, the company is in distress: revenue has contracted by nearly 41%, operating cash flow is deeply negative, and the forward P/E is meaningless due to losses. The balance sheet is fragile with no free cash generation. However, the options chain tells a completely different story, with traders positioning for a massive upside move to $3.00 or higher within two years, while ignoring the deteriorating fundamentals. The short-term outlook remains cautious (2 stars) because the stock is trading below its 50-day average and the statistical forecast models see almost no directional edge, suggesting the current price is a value trap waiting for a catalyst. Long-term, the business quality is currently neutral to weak (2.5 stars) given the shrinking top line and lack of profitability, though the lack of a multi-year decline allows for a neutral stance rather than a 'sell' rating. There is no dividend to provide income. This is a high-risk, high-reward speculation on a potential reversal, not a fundamental buy. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.215741 |
| AutoETS | 0.221258 |
| AutoTheta | 0.365626 |
| AutoARIMA | 0.490498 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 5.87 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.533 |
| Excess Kurtosis | -0.82 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Revenue per Share | 0.163 |
| Market Cap | 165,405,328 |
| Trailing P/E | 7.10 |
| Forward P/E | -60.58 |
| Beta | 4.01 |
| Profit Margins | 38.50% |
| Previous Name | Routemaster Capital Inc. |
| Website | https://defi.tech |
As of Oct. 10, 2026, 7:20 a.m. EDT: Speculators are overwhelmingly bullish, with massive open interest concentrated in out-of-the-money calls (strikes $1.00 and $3.00-$5.00) expiring in early 2027, suggesting a bet on a significant multi-bagger rally. Conversely, put activity is negligible and confined to short-dated hedges, indicating a lack of fear regarding a crash despite the low price.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.784878 |
| Address1 | 333 Bay Street |
| Address2 | Suite 2400 |
| All Time High | 4.95 |
| All Time Low | 0.39 |
| Ask | 0.5785 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 2,091,850 |
| Average Daily Volume3 Month | 2,364,150 |
| Average Volume | 2,364,150 |
| Average Volume10Days | 2,091,850 |
| Beta | 4.008 |
| Bid | 0.3111 |
| Bid Size | 2 |
| Book Value | 0.359 |
| City | Toronto |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.4262 |
| Current Ratio | 1.142 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 0.445 |
| Day Low | 0.4262 |
| Display Name | DeFi |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,747,238,400 |
| Earnings Call Timestamp Start | 1,747,238,400 |
| Earnings Timestamp End | 1,755,518,400 |
| Earnings Timestamp Start | 1,754,996,340 |
| Ebitda | 16,854,776 |
| Ebitda Margins | 0.27536 |
| Enterprise To Ebitda | 5.204 |
| Enterprise To Revenue | 1.433 |
| Enterprise Value | 87,706,456 |
| Eps Current Year | -0.076 |
| Eps Forward | -0.0070353 |
| Eps Trailing Twelve Months | 0.06 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 0.53366 |
| Fifty Day Average Change | -0.10745999 |
| Fifty Day Average Change Percent | -0.20136414 |
| Fifty Two Week Change Percent | -78.4878 |
| Fifty Two Week High | 2.215 |
| Fifty Two Week High Change | -1.7887999 |
| Fifty Two Week High Change Percent | -0.80758464 |
| Fifty Two Week Low | 0.39 |
| Fifty Two Week Low Change | 0.036200017 |
| Fifty Two Week Low Change Percent | 0.09282056 |
| Fifty Two Week Range | 0.39 - 2.215 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,723,728,600,000 |
| Float Shares | 380,979,476 |
| Forward Eps | -0.0070353 |
| Forward P E | -60.580215 |
| Free Cashflow | -95,322,352 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 26 |
| Fullday Change | -0.014800012 |
| Fullday Change Percent | -3.3560116 |
| Fullday Price | 0.4262 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 1.0 |
| Gross Profits | 61,209,504 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0235 |
| Held Percent Institutions | 0.08976 |
| Implied Shares Outstanding | 388,093,225 |
| Industry | Capital Markets |
| Industry Disp | Capital Markets |
| Industry Key | capital-markets |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | DeFi Technologies Inc., a technology company, develops exchange traded products that synthetically track the value of a single DeFi protocol or a basket of protocols in Canada. It provides asset management services, such as indirect exposure to underlying digital assets, digital asset indexes, or other decentralized finance instruments. The company is also involved in early-stage investments in companies, banks, and foundations in the digital asset space; operation of specialized trading desk that focuses on opportunistic trading and arbitrage across the digital asset ecosystem; private research that produces research reports on digital assets; and provision of OTC desk and digital asset liquidity. The company was formerly known as Valour Inc. and changed its name to DeFi Technologies Inc. in July 2023. DeFi Technologies Inc. was incorporated in 1986 and is headquartered in Toronto, Canada. |
| Long Name | DeFi Technologies Inc. |
| Market | us_market |
| Market Cap | 165,405,328 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_875821 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-16 |
| Net Income To Common | 23,565,028 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 226,227,952 |
| Number Of Analyst Opinions | 7 |
| Open | 0.431 |
| Operating Cashflow | -81,509,376 |
| Operating Margins | -0.10869 |
| Payout Ratio | 0.0 |
| Prev Name | Routemaster Capital Inc. |
| Previous Close | 0.441 |
| Price Eps Current Year | -5.607895 |
| Price Hint | 4 |
| Price To Book | 1.1871866 |
| Price To Sales Trailing12 Months | 2.7022817 |
| Profit Margins | 0.38499 |
| Quick Ratio | 0.216 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.014800012 |
| Regular Market Change Percent | -3.3560116 |
| Regular Market Day High | 0.445 |
| Regular Market Day Low | 0.4262 |
| Regular Market Day Range | 0.4262 - 0.445 |
| Regular Market Open | 0.431 |
| Regular Market Previous Close | 0.441 |
| Regular Market Price | 0.4262 |
| Regular Market Time | 1,792,164,128 |
| Regular Market Volume | 354,365 |
| Return On Assets | 0.013990001 |
| Return On Equity | 0.22288 |
| Revenue Growth | -0.407 |
| Revenue Per Share | 0.163 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 388,093,225 |
| Shares Percent Shares Out | 0.0517 |
| Shares Short | 20,054,876 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 17,465,014 |
| Short Name | Defi Technologies, Inc. |
| Short Percent Of Float | 0.052699998 |
| Short Ratio | 7.64 |
| Source Interval | 15 |
| State | ON |
| Symbol | DEFT |
| Target High Price | 6.8318243 |
| Target Low Price | 0.6080274 |
| Target Mean Price | 2.0806272 |
| Target Median Price | 0.9997102 |
| Total Cash | 86,633,256 |
| Total Cash Per Share | 0.223 |
| Total Debt | 0 |
| Total Revenue | 61,209,504 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.06 |
| Trailing P E | 7.1033335 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 0.640775 |
| Two Hundred Day Average Change | -0.21457502 |
| Two Hundred Day Average Change Percent | -0.33486795 |
| Type Disp | Equity |
| Volume | 354,365 |
| Website | https://defi.tech |
| Zip | M5H 2R2 |