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Fold Holdings, Inc. (FLD)

Financial Services | Capital Markets | Phoenix, United States | NasdaqCM
0.53 USD -0.08 (-13.605%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 0.54 +0.01 (1.421%) ⇧ (Aug. 28, 2026, 7:37 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:30 a.m. EDT

The investment case for Fold Holdings is defined by a stark disconnect between its deteriorating fundamentals and aggressive market speculation. Fundamentally, the business is in freefall: revenue contracted by 25.5% year-over-year, profitability is nonexistent with gross and operating margins deeply negative, and the company is burning cash with no dividend to offset the drag. The multi-year price trajectory confirms this structural decline, having lost over 60% of its value since 2022, driven by a massive 65.6% drop last year. However, the short-term outlook is buoyed entirely by narrative rather than economics. The launch of the Bitcoin credit card has reignited hype, pushing the stock up 130% on news of debt reduction via crypto sales. This sentiment is reflected in the options chain, where traders are positioning for a rally toward the $2.50 mean target, while ignoring the reality that the company is losing money on every transaction. The statistical forecast model correctly identifies a weak downward bias (-13.9%) due to the underlying noise and weakness, but the options flow suggests a contrarian gamble on a crypto-fueled rebound. For a long-term investor, the negative revenue growth and eroding equity value make this a poor buy; for a short-term trader, it remains a high-risk, high-volatility play on the success of their new crypto strategy, not a turnaround of the core business.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.551886
MSTL0.592584
AutoARIMA0.617617
AutoETS0.617619

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 33%
H-stat 3.09
Ljung-Box p 0.000
Jarque-Bera p 0.046
Excess Kurtosis 0.40
Attribute Value
Sector Financial Services
Debt to Equity Ratio 39.826
Revenue per Share 0.569
Market Cap 29,064,232
Forward P/E -1.26
Beta 0.35
Profit Margins -258.60%
Website https://foldapp.com

As of Aug. 22, 2026, 3:30 a.m. EDT: Speculators are overwhelmingly bullish on upside potential, evidenced by significant open interest in out-of-the-money calls at strikes of $1.00 and $2.00 across multiple expirations. Conversely, put activity is minimal and concentrated entirely in-the-money, suggesting a lack of hedging against further downside and a speculative bet on a recovery to the $2.00-$4.00 analyst targets.


Info Dump

Attribute Value
52 Week Change -0.8249284
Address1 2,942 North 24th Street
Address2 Suite 115, #42035
All Time High 14.0
All Time Low 0.355
Ask 0.6825
Ask Size 2
Audit Risk 9
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 719,450
Average Daily Volume3 Month 2,403,024
Average Volume 2,403,024
Average Volume10Days 719,450
Beta 0.354
Bid 0.42
Bid Size 2
Board Risk 8
Book Value 0.568
City Phoenix
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.5277
Current Ratio 1.837
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 0.62
Day Low 0.51
Debt To Equity 39.826
Display Name Fold
Earnings Call Timestamp End 1,786,482,000
Earnings Call Timestamp Start 1,786,482,000
Earnings Timestamp 1,786,478,400
Earnings Timestamp End 1,794,254,400
Earnings Timestamp Start 1,794,254,400
Ebitda -31,102,176
Ebitda Margins -1.10244
Enterprise To Ebitda -0.422
Enterprise To Revenue 0.465
Enterprise Value 13,123,488
Eps Current Year -0.98
Eps Forward -0.42
Eps Trailing Twelve Months -1.24
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.47774
Fifty Day Average Change 0.049960017
Fifty Day Average Change Percent 0.104575746
Fifty Two Week Change Percent -82.49284
Fifty Two Week High 4.695
Fifty Two Week High Change -4.1673
Fifty Two Week High Change Percent -0.8876039
Fifty Two Week Low 0.355
Fifty Two Week Low Change 0.17270002
Fifty Two Week Low Change Percent 0.48647892
Fifty Two Week Range 0.355 - 4.695
Financial Currency USD
First Trade Date Milliseconds 1,644,417,000,000
Float Shares 10,497,161
Forward Eps -0.42
Forward P E -1.2564286
Free Cashflow -18,252,180
Full Exchange Name NasdaqCM
Full Time Employees 43
Fullday Change -0.0831
Fullday Change Percent -13.6051
Fullday Price 0.5352
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins -0.47775
Gross Profits -13,478,363
Has Pre Post Market Data 1
Held Percent Insiders 0.66670996
Held Percent Institutions 0.17006001
Implied Shares Outstanding 55,077,187
Industry Capital Markets
Industry Disp Capital Markets
Industry Key capital-markets
Ipo Expected Date 2,025-02-19
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Fold Holdings, Inc., a bitcoin financial services company, provides access to bitcoin through a suite of consumer financial products in the United States. Its financial services platform allows consumers to accumulate, save, and use bitcoin to accomplish financial goals. The company offers consumers an FDIC insured checking account, a Visa prepaid debit card, bill payments services, and an extensive catalog of merchant reward offers, as well as partners with third-party service providers that offer bitcoin exchange and custody services. It also invests in and accumulates bitcoin for treasury. The company offers its products and services through the Fold mobile application. Fold Holdings, Inc. was founded in 2019 and is headquartered in Phoenix, Arizona.
Long Name Fold Holdings, Inc.
Market us_market
Market Cap 29,064,232
Market State CLOSED
Max Age 86,400
Message Board Id finmb_598928624
Most Recent Quarter 1,782,777,600
Net Income To Common -72,956,296
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 33,597,084
Number Of Analyst Opinions 3
Open 0.62
Operating Cashflow -23,212,020
Operating Margins -1.39809
Overall Risk 10
Payout Ratio 0.0
Phone 866 365 3277
Post Market Change 0.007499993
Post Market Change Percent 1.4212607
Post Market Price 0.5352
Post Market Time 1,787,960,267
Previous Close 0.6108
Price Eps Current Year -0.5384694
Price Hint 4
Price To Book 0.92904925
Price To Sales Trailing12 Months 1.0302035
Profit Margins -2.58599
Quick Ratio 1.506
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change -0.0831
Regular Market Change Percent -13.6051
Regular Market Day High 0.62
Regular Market Day Low 0.51
Regular Market Day Range 0.51 - 0.62
Regular Market Open 0.62
Regular Market Previous Close 0.6108
Regular Market Price 0.5277
Regular Market Time 1,787,947,201
Regular Market Volume 318,407
Return On Assets -0.16745001
Return On Equity -1.21821
Revenue Growth -0.255
Revenue Per Share 0.569
Sand P52 Week Change 0.20504117
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 8
Shares Outstanding 55,077,187
Shares Percent Shares Out 0.0095999995
Shares Short 529,539
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 869,158
Short Name Fold Holdings, Inc.
Short Percent Of Float 0.0178
Short Ratio 2.88
Source Interval 15
State AZ
Symbol FLD
Target High Price 4.185
Target Low Price 0.7
Target Mean Price 2.46167
Target Median Price 2.5
Total Cash 28,386,784
Total Cash Per Share 0.515
Total Debt 12,446,041
Total Revenue 28,212,128
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.24
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.48876
Two Hundred Day Average Change -0.96106
Two Hundred Day Average Change Percent -0.64554393
Type Disp Equity
Volume 318,407
Website https://foldapp.com
Zip 85,016