Analysts Issue Forecasts for Bit Digital Q3 Earnings

Key Points

• HC Wainwright forecasts that Bit Digital will report earnings per share of ($0.01) for Q3 2025, with a full-year estimate of ($0.20) per share.
• Despite a "Buy" rating and a target price of $7.00 from HC Wainwright, Weiss Ratings has a "sell" rating, indicating mixed signals about the stock's performance.
• Bit Digital's stock opened at $4.02, with a 52-week low of $1.69 and high of $5.74, reflecting significant volatility in recent trading.

Bit Digital, Inc. (NASDAQ:BTBT - Free Report) - HC Wainwright issued their Q3 2025 earnings per share estimates for shares of Bit Digital in a research report issued to clients and investors on Wednesday, October 8th. HC Wainwright analyst K. Dede forecasts that the company will post earnings per share of ($0.01) for the quarter. HC Wainwright currently has a "Buy" rating and a $7.00 target price on the stock. The consensus estimate for Bit Digital's current full-year earnings is ($0.20) per share. HC Wainwright also issued estimates for Bit Digital's Q4 2025 earnings at ($0.02) EPS, FY2025 earnings at ($0.02) EPS and FY2026 earnings at ($0.01) EPS.

BTBT has been the topic of several other research reports. Weiss Ratings reissued a "sell (d)" rating on shares of Bit Digital in a research report on Wednesday. Wall Street Zen raised Bit Digital from a "strong sell" rating to a "hold" rating in a research report on Saturday, August 16th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $6.33.

Bit Digital Stock Performance

Shares of NASDAQ BTBT opened at $4.02 on Friday. Bit Digital has a fifty-two week low of $1.69 and a fifty-two week high of $5.74. The firm has a market capitalization of $1.29 billion, a PE ratio of -12.97 and a beta of 4.77. The stock's 50-day simple moving average is $3.01 and its 200-day simple moving average is $2.65.

Bit Digital (NASDAQ:BTBT - Get Free Report) last issued its earnings results on Thursday, August 14th. The company reported ($0.03) earnings per share for the quarter, hitting the consensus estimate of ($0.03). Bit Digital had a negative return on equity of 9.90% and a negative net margin of 52.86%.The business had revenue of $25.66 million for the quarter, compared to analyst estimates of $27.46 million.

Institutional Trading of Bit Digital

A number of institutional investors have recently modified their holdings of the business. Byrne Asset Management LLC boosted its stake in shares of Bit Digital by 22.5% in the second quarter. Byrne Asset Management LLC now owns 21,492 shares of the company's stock valued at $47,000 after buying an additional 3,954 shares in the last quarter. Plancorp LLC boosted its stake in shares of Bit Digital by 34.8% in the second quarter. Plancorp LLC now owns 15,500 shares of the company's stock valued at $34,000 after buying an additional 4,000 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of Bit Digital by 17.3% in the second quarter. Kingsview Wealth Management LLC now owns 28,295 shares of the company's stock valued at $62,000 after buying an additional 4,175 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Bit Digital by 2.4% in the second quarter. American Century Companies Inc. now owns 183,463 shares of the company's stock valued at $402,000 after buying an additional 4,374 shares in the last quarter. Finally, Ethic Inc. boosted its position in Bit Digital by 31.8% during the second quarter. Ethic Inc. now owns 19,644 shares of the company's stock worth $39,000 after purchasing an additional 4,739 shares in the last quarter. 47.70% of the stock is currently owned by hedge funds and other institutional investors.

About Bit Digital

Bit Digital, Inc, together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications.

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