Symbols / DFDV $4.66 +9.13%
DFDV Chart
About
DeFi Development Corp. focuses on building its treasury around Solana (SOL). SOL is a blockchain infrastructure platform. The company operates through two segments, Digital Asset Treasury and Real Estate Platform. The Digital Asset Treasury segment executes and manages its treasury policy for the purpose of purchasing, holding, and compounding its digital asset holdings through staking and operating its owned validators. The Real Estate Platform segment provides a technology platform that connects commercial mortgage and small business borrowers looking for debt to refinance, build, or buy commercial property, including apartment buildings and commercial property lenders. The company was formerly known as Janover Inc. and changed its name to DeFi Development Corp. in April 2025. DeFi Development Corp. was founded in 2018 and is headquartered in Boca Raton, Florida.
Fundamentals
Scroll to Statements| Sector | Financial Services | Industry | Asset Management | Market Cap | 139.30M |
| Enterprise Value | 267.86M | Income | 70.19M | Sales | 7.53M |
| Book/sh | 8.80 | Cash/sh | 0.32 | Dividend Yield | — |
| Payout | 0.00% | Employees | 14 | IPO | — |
| P/E | 1.30 | Forward P/E | -14.12 | PEG | — |
| P/S | 18.51 | P/B | 0.53 | P/C | — |
| EV/EBITDA | 2.96 | EV/Sales | 35.59 | Quick Ratio | 0.12 |
| Current Ratio | 2.04 | Debt/Eq | 54.02 | LT Debt/Eq | — |
| EPS (ttm) | 3.58 | EPS next Y | -0.33 | EPS Growth | — |
| Revenue Growth | 6.47% | Earnings | 2026-03-30 | ROA | 23.14% |
| ROE | 56.66% | ROIC | — | Gross Margin | 98.27% |
| Oper. Margin | 16.01% | Profit Margin | 9.33% | Shs Outstand | 29.89M |
| Shs Float | 23.02M | Short Float | 28.02% | Short Ratio | 5.35 |
| Short Interest | — | 52W High | 53.88 | 52W Low | 0.56 |
| Beta | -6.34 | Avg Volume | 1.56M | Volume | 1.19M |
| Target Price | $14.00 | Recom | None | Prev Close | $4.27 |
| Price | $4.66 | Change | 9.13% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$14.00
Mean price target
2. Current target
$4.66
Latest analyst target
3. DCF / Fair value
$-14.18
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.66
Low
$10.00
High
$18.00
Mean
$14.00
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-06-16 | init | Cantor Fitzgerald | — → Overweight | $45 |
- $DFDV stock is up 11% today. Here's what we see in our data. - Quiver Quantitative ue, 10 Mar 2026 19
- DeFi development expands equity plans and capital flexibility - MSN Sun, 15 Mar 2026 15
- Solana-focused DeFi Development hosts Feb. recap AMA on X - Stock Titan ue, 03 Mar 2026 08
- DeFi Development Corp.: Solana's Institutional Backing A Key Tailwind (NASDAQ:DFDV) - Seeking Alpha Wed, 21 Jan 2026 08
- First Solana-treasury public company talks dividend-backed stablecoins - Stock Titan hu, 05 Mar 2026 08
- DeFi Development: Yes, It's Even More Of A Buy Now (NASDAQ:DFDV) - Seeking Alpha ue, 18 Nov 2025 08
- $DFDV stock is down 13% today. Here's what we see in our data. - Quiver Quantitative hu, 29 Jan 2026 08
- Dividend-backed stablecoin Apyx aims to bring yield to $300B market - Stock Titan hu, 26 Feb 2026 08
- DeFi Dev Corp (Nasdaq: DFDV) posts Q3 2025 update; SOL treasury strategy, CEO video - Stock Titan Wed, 12 Nov 2025 08
- DeFi Development Corp. Reports Record Year in 2025 with Innovative Solana Treasury Strategies and 853% Stock Performance - Quiver Quantitative Wed, 07 Jan 2026 08
- From Fidelity to Solana: Hadley Stern joins DeFi Development’s board - Stock Titan hu, 29 Jan 2026 08
- 3.3M Warrants: DeFi Development Corp. Issues Tradable Warrants at $22.50 Exercise Price - Stock Titan Wed, 08 Oct 2025 07
- $DFDV stock is down 8% today. Here's what we see in our data. - Quiver Quantitative hu, 15 Jan 2026 08
- Solana treasury play: DeFi Development uses crypto YieldVault strategy - Stock Titan ue, 13 Jan 2026 08
- $DFDV stock is down 10% today. Here's what we see in our data. - Quiver Quantitative Wed, 07 Jan 2026 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 2000 | — | — | Stock Award(Grant) at price 0.00 per share. | CARAGOL WILLIAM J | Director | — | 2026-02-17 00:00:00 | D |
| 1 | 374922 | — | — | Stock Award(Grant) at price 0.00 per share. | HAN FEI | Chief Financial Officer | — | 2026-02-17 00:00:00 | D |
| 2 | 5000 | — | — | Stock Award(Grant) at price 0.00 per share. | TAI ZACHARY ARIS | Director | — | 2026-02-17 00:00:00 | D |
| 3 | 7000 | — | — | Stock Award(Grant) at price 0.00 per share. | PERFUMO THOMAS J | Director | — | 2026-02-17 00:00:00 | D |
| 4 | 17760 | 102298 | — | Purchase at price 5.76 per share. | WHITE PARKER | Chief Operating Officer | — | 2025-12-10 00:00:00 | D |
| 5 | 10044 | 69424 | — | Purchase at price 6.90 - 6.94 per share. | WHITE PARKER | Chief Operating Officer | — | 2025-11-25 00:00:00 | D |
| 6 | 4200 | 28980 | — | Purchase at price 6.90 per share. | KANG DANIEL | Officer | — | 2025-11-25 00:00:00 | D |
| 7 | 7000 | — | — | Stock Award(Grant) at price 0.00 per share. | PERFUMO THOMAS J | Director | — | 2025-10-21 00:00:00 | D |
| 8 | 2500 | — | — | Stock Award(Grant) at price 0.00 per share. | TAI ZACHARY ARIS | Director | — | 2025-07-31 00:00:00 | D |
| 9 | 86412 | 7109979 | — | Stock Award(Grant) at price 82.28 per share. | WHITE PARKER | Chief Operating Officer | — | 2025-05-01 00:00:00 | I |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | -2.73M | -3.28M | -2.15M | -1.04M |
| TotalUnusualItems | 31.17K | -119.83K | 434.22K | -577.37K |
| TotalUnusualItemsExcludingGoodwill | 31.17K | -119.83K | 434.22K | -577.37K |
| NetIncomeFromContinuingOperationNetMinorityInterest | -2.73M | -3.37M | -1.26M | -1.62M |
| ReconciledDepreciation | 223.98K | 912.00 | 0.00 | |
| ReconciledCostOfRevenue | 31.90K | 0.00 | ||
| EBITDA | -2.70M | -3.40M | -1.72M | -1.62M |
| EBIT | -2.92M | -3.40M | -1.72M | -1.62M |
| NetInterestIncome | 156.02K | 140.72K | 9.24K | 1.70K |
| InterestExpense | 0.00 | 160.00 | ||
| InterestIncome | 156.02K | 140.72K | 9.24K | 1.86K |
| NormalizedIncome | -2.76M | -3.25M | -1.70M | -1.04M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -2.73M | -3.37M | -1.26M | -1.62M |
| TotalExpenses | 5.02M | 5.41M | 3.87M | 3.04M |
| TotalOperatingIncomeAsReported | -3.00M | -3.40M | -1.72M | -1.06M |
| DilutedAverageShares | 9.77M | 7.40M | 9.13M | 8.74M |
| BasicAverageShares | 9.77M | 7.40M | 8.74M | 8.74M |
| DilutedEPS | -0.28 | -0.46 | -0.14 | -0.18 |
| BasicEPS | -0.28 | -0.46 | -0.14 | -0.18 |
| DilutedNIAvailtoComStockholders | -2.73M | -3.37M | -1.26M | -1.62M |
| NetIncomeCommonStockholders | -2.73M | -3.37M | -1.26M | -1.62M |
| NetIncome | -2.73M | -3.37M | -1.26M | -1.62M |
| NetIncomeIncludingNoncontrollingInterests | -2.73M | -3.37M | -1.26M | -1.62M |
| NetIncomeContinuousOperations | -2.73M | -3.37M | -1.26M | -1.62M |
| PretaxIncome | -2.73M | -3.37M | -1.26M | -1.62M |
| OtherIncomeExpense | 37.46K | -109.62K | 449.48K | -563.61K |
| OtherNonOperatingIncomeExpenses | 6.29K | 10.20K | 15.26K | 13.76K |
| SpecialIncomeCharges | -83.22K | 0.00 | ||
| ImpairmentOfCapitalAssets | 83.22K | 0.00 | ||
| GainOnSaleOfSecurity | 114.39K | -119.83K | 434.22K | -577.37K |
| NetNonOperatingInterestIncomeExpense | 156.02K | 140.72K | 9.24K | 1.70K |
| InterestExpenseNonOperating | 0.00 | 160.00 | ||
| InterestIncomeNonOperating | 156.02K | 140.72K | 9.24K | 1.86K |
| OperatingIncome | -2.92M | -3.40M | -1.72M | -1.06M |
| OperatingExpense | 4.99M | 5.41M | 3.87M | 3.04M |
| DepreciationAmortizationDepletionIncomeStatement | 223.98K | 912.00 | ||
| DepreciationAndAmortizationInIncomeStatement | 223.98K | 912.00 | ||
| ResearchAndDevelopment | 654.80K | 792.13K | 426.83K | 280.93K |
| SellingGeneralAndAdministration | 4.11M | 4.62M | 3.44M | 2.76M |
| SellingAndMarketingExpense | 219.54K | 220.06K | 427.65K | 221.87K |
| GeneralAndAdministrativeExpense | 3.89M | 4.39M | 3.02M | 2.53M |
| OtherGandA | 1.20M | 924.26K | 412.90K | 324.10K |
| SalariesAndWages | 2.69M | 3.47M | 2.60M | 2.21M |
| GrossProfit | 2.07M | 2.00M | ||
| CostOfRevenue | 31.90K | 0.00 | ||
| TotalRevenue | 2.10M | 2.00M | 2.15M | 1.98M |
| OperatingRevenue | 2.10M | 2.00M | 2.15M | 1.98M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 9.91M | 9.67M | 8.74M | 8.74M |
| ShareIssued | 9.91M | 9.67M | 8.74M | 8.74M |
| TotalDebt | 13.93K | 66.66K | 112.57K | 0.00 |
| TangibleBookValue | 2.52M | 4.53M | 509.20K | 403.13K |
| InvestedCapital | 3.50M | 5.82M | 525.38K | 419.31K |
| WorkingCapital | 2.68M | 4.62M | 822.08K | 1.76M |
| NetTangibleAssets | 2.52M | 4.53M | 509.20K | 403.13K |
| CapitalLeaseObligations | 13.93K | 66.66K | 112.57K | 0.00 |
| CommonStockEquity | 3.50M | 5.82M | 525.38K | 419.31K |
| TotalCapitalization | 3.50M | 5.82M | 525.38K | 419.31K |
| TotalEquityGrossMinorityInterest | 3.50M | 5.82M | 525.38K | 419.31K |
| StockholdersEquity | 3.50M | 5.82M | 525.38K | 419.31K |
| RetainedEarnings | -9.37M | -6.64M | -3.27M | -2.01M |
| AdditionalPaidInCapital | 12.87M | 12.46M | 3.79M | 2.43M |
| CapitalStock | 14.00 | 14.00 | 71.00 | 68.00 |
| CommonStock | 14.00 | 14.00 | 71.00 | 68.00 |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 873.84K | 867.85K | 811.53K | 1.44M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 280.96K | 192.75K | 606.64K | 1.36M |
| OtherNonCurrentLiabilities | 178.82K | 178.82K | ||
| DerivativeProductLiabilities | 0.00 | 539.58K | 1.36M | |
| NonCurrentDeferredLiabilities | 102.14K | 0.00 | ||
| NonCurrentDeferredRevenue | 102.14K | 0.00 | ||
| LongTermDebtAndCapitalLeaseObligation | 0.00 | 13.93K | 67.06K | 0.00 |
| LongTermCapitalLeaseObligation | 0.00 | 13.93K | 67.06K | 0.00 |
| CurrentLiabilities | 592.89K | 675.10K | 204.90K | 82.68K |
| CurrentDeferredLiabilities | 239.32K | 83.23K | 0.00 | |
| CurrentDeferredRevenue | 239.32K | 83.23K | 0.00 | |
| CurrentDebtAndCapitalLeaseObligation | 13.93K | 52.73K | 45.52K | |
| CurrentCapitalLeaseObligation | 13.93K | 52.73K | 45.52K | |
| PayablesAndAccruedExpenses | 339.64K | 539.14K | 159.38K | 82.68K |
| TotalAssets | 4.38M | 6.68M | 1.34M | 1.86M |
| TotalNonCurrentAssets | 1.10M | 1.39M | 309.94K | 18.57K |
| OtherNonCurrentAssets | 20.45K | 18.11K | 6.88K | 2.39K |
| NonCurrentDeferredAssets | 0.00 | 177.22K | 0.00 | |
| NonCurrentAccountsReceivable | 41.53K | |||
| GoodwillAndOtherIntangibleAssets | 985.08K | 1.28M | 16.18K | 16.18K |
| OtherIntangibleAssets | 378.41K | 675.96K | 16.18K | |
| Goodwill | 606.67K | 606.67K | 0.00 | |
| NetPPE | 53.75K | 90.92K | 109.66K | 0.00 |
| AccumulatedDepreciation | -8.07K | -912.00 | 0.00 | |
| GrossPPE | 61.82K | 91.83K | 109.66K | 0.00 |
| OtherProperties | 12.96K | 62.78K | 109.66K | |
| MachineryFurnitureEquipment | 48.86K | 29.05K | 0.00 | |
| CurrentAssets | 3.27M | 5.29M | 1.03M | 1.84M |
| CurrentDeferredAssets | 113.53K | 0.00 | ||
| PrepaidAssets | 108.68K | 130.43K | 7.57K | 2.39K |
| Receivables | 195.40K | 86.14K | 38.29K | 130.45K |
| OtherReceivables | 19.82K | |||
| AccountsReceivable | 195.40K | 86.14K | 38.29K | 110.63K |
| CashCashEquivalentsAndShortTermInvestments | 2.86M | 5.08M | 981.12K | 1.71M |
| OtherShortTermInvestments | 339.88K | 0.00 | ||
| CashAndCashEquivalents | 2.52M | 5.08M | 981.12K | 1.71M |
| CashFinancial | 981.12K | 1.71M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -2.44M | -1.60M | -1.02M | 65.84K |
| RepurchaseOfCapitalStock | -5.24K | 0.00 | ||
| IssuanceOfCapitalStock | 0.00 | 6.65M | 165.99K | 1.10M |
| CapitalExpenditure | -22.31K | -29.05K | ||
| InterestPaidSupplementalData | 2.63K | 0.00 | 0.00 | 160.00 |
| IncomeTaxPaidSupplementalData | 0.00 | 0.00 | 0.00 | |
| EndCashPosition | 2.52M | 5.08M | 981.12K | 1.71M |
| BeginningCashPosition | 5.08M | 981.12K | 1.71M | 415.71K |
| ChangesInCash | -2.56M | 4.09M | -726.14K | 1.29M |
| FinancingCashFlow | -117.54K | 5.75M | 297.52K | 1.23M |
| CashFlowFromContinuingFinancingActivities | -117.54K | 5.75M | 297.52K | 1.23M |
| NetOtherFinancingCharges | -113.53K | -898.90K | -154.47K | |
| ProceedsFromStockOptionExercised | 1.23K | 0.00 | 286.00K | 191.85K |
| CashDividendsPaid | 0.00 | -66.50K | ||
| CommonStockDividendPaid | 0.00 | -66.50K | ||
| NetPreferredStockIssuance | 0.00 | 1.00M | 0.00 | |
| PreferredStockIssuance | 0.00 | 1.00M | 0.00 | |
| NetCommonStockIssuance | -5.24K | 5.65M | 165.99K | 1.10M |
| CommonStockPayments | -5.24K | 0.00 | ||
| CommonStockIssuance | 0.00 | 5.65M | 165.99K | 1.10M |
| InvestingCashFlow | -22.31K | -89.05K | 0.00 | 0.00 |
| CashFlowFromContinuingInvestingActivities | -22.31K | -89.05K | 0.00 | 0.00 |
| NetBusinessPurchaseAndSale | 0.00 | -60.00K | 0.00 | |
| PurchaseOfBusiness | 0.00 | -60.00K | 0.00 | |
| NetIntangiblesPurchaseAndSale | -2.50K | 0.00 | 0.00 | |
| PurchaseOfIntangibles | -2.50K | 0.00 | 0.00 | |
| NetPPEPurchaseAndSale | -19.81K | -29.05K | 0.00 | |
| PurchaseOfPPE | -19.81K | -29.05K | 0.00 | |
| OperatingCashFlow | -2.42M | -1.57M | -1.02M | 65.84K |
| CashFlowFromContinuingOperatingActivities | -2.42M | -1.57M | -1.02M | 65.84K |
| ChangeInWorkingCapital | -71.63K | 200.05K | 142.31K | -11.26K |
| ChangeInOtherWorkingCapital | 258.23K | -5.38K | ||
| ChangeInOtherCurrentLiabilities | -2.91K | 969.00 | 0.00 | |
| ChangeInOtherCurrentAssets | -2.34K | -11.23K | -4.48K | -71.00 |
| ChangeInPayablesAndAccruedExpense | -199.50K | 379.76K | 79.61K | 53.36K |
| ChangeInPayable | 53.36K | |||
| ChangeInAccountPayable | 53.36K | |||
| ChangeInPrepaidAssets | 25.69K | -116.22K | -5.17K | 3.49K |
| ChangeInReceivables | -150.79K | -47.85K | 72.34K | -68.04K |
| ChangesInAccountReceivables | -150.79K | -47.85K | 72.34K | -68.04K |
| OtherNonCashItems | -225.50K | 22.50K | ||
| StockBasedCompensation | 412.81K | 1.49M | 529.93K | 1.09M |
| UnrealizedGainLossOnInvestmentSecurities | -114.39K | 0.00 | ||
| AssetImpairmentCharge | 83.22K | 0.00 | ||
| DepreciationAmortizationDepletion | 223.98K | 912.00 | 0.00 | |
| DepreciationAndAmortization | 223.98K | 912.00 | 0.00 | |
| Depreciation | 912.00 | 0.00 | ||
| OperatingGainsLosses | 119.83K | -434.22K | 577.37K | |
| GainLossOnInvestmentSecurities | 119.83K | -434.22K | 577.37K | |
| NetIncomeFromContinuingOperations | -2.73M | -3.37M | -1.26M | -1.62M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for DFDV
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|