Research Analysts Set Expectations for ABTC Q1 Earnings

Key Points

• HC Wainwright expects American Bitcoin to earn $0.39 per share in Q1 2027 and forecasts full-year 2027 EPS of $1.64. The firm maintained a Buy rating with a $22 price target.
• American Bitcoin reported a prior-quarter loss of $0.80 per share on $67.01 million in revenue, alongside negative net margin and return on equity.
• Analyst sentiment is mixed but leans positive: four analysts rate the stock Buy, one Hold, and one Sell, producing a Moderate Buy consensus and a $28.25 average price target. Shares recently traded near $8.09, well below their 52-week high of $97.20.

American Bitcoin Corp. (NASDAQ:ABTC - Free Report) - Equities researchers at HC Wainwright issued their Q1 2027 EPS estimates for shares of American Bitcoin in a research report issued to clients and investors on Monday, October 12th. HC Wainwright analyst M. Colonnese anticipates that the company will earn $0.39 per share for the quarter. HC Wainwright has a "Buy" rating and a $22.00 price objective on the stock. HC Wainwright also issued estimates for American Bitcoin's Q2 2027 earnings at $0.41 EPS, Q3 2027 earnings at $0.41 EPS, Q4 2027 earnings at $0.43 EPS and FY2027 earnings at $1.64 EPS.

American Bitcoin (NASDAQ:ABTC - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported ($0.80) earnings per share for the quarter. American Bitcoin had a negative net margin of 71.75% and a negative return on equity of 29.89%. The firm had revenue of $67.01 million during the quarter.

ABTC has been the subject of a number of other research reports. BTIG Research started coverage on American Bitcoin in a research report on Wednesday, September 16th. They issued a "buy" rating and a $15.00 price target for the company. Weiss Ratings restated a "sell (d)" rating on shares of American Bitcoin in a report on Monday, September 21st. Maxim Group set a $16.00 price target on shares of American Bitcoin and gave the company a "buy" rating in a report on Monday. Finally, Wall Street Zen lowered American Bitcoin from a "hold" rating to a "sell" rating in a research report on Saturday, August 8th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $28.25.

American Bitcoin Price Performance

Shares of ABTC stock opened at $8.09 on Tuesday. The business's fifty day moving average price is $8.16 and its 200 day moving average price is $11.08. American Bitcoin has a 1-year low of $4.92 and a 1-year high of $97.20. The firm has a market capitalization of $589.11 million, a PE ratio of -2.65 and a beta of 3.96.

Insider Buying and Selling

In other news, Director Justin Mateen bought 162,438 shares of the firm's stock in a transaction dated Thursday, August 6th. The stock was bought at an average price of $6.19 per share, for a total transaction of $1,005,491.22. Following the transaction, the director owned 492,297 shares in the company, valued at $3,047,318.43. The trade was a 49.24% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 2.57% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On American Bitcoin

A number of hedge funds and other institutional investors have recently bought and sold shares of ABTC. Integrated Wealth Concepts LLC boosted its holdings in shares of American Bitcoin by 44.8% during the second quarter. Integrated Wealth Concepts LLC now owns 49,517 shares of the company's stock valued at $34,000 after acquiring an additional 15,321 shares during the period. Forty three Eighteen Advisors LLC bought a new stake in American Bitcoin during the fourth quarter worth approximately $34,000. J. Derek Lewis & Associates Inc. acquired a new stake in shares of American Bitcoin in the fourth quarter valued at $39,000. Marathon Trading Investment Management LLC acquired a new stake in American Bitcoin in the 4th quarter valued at about $67,000. Finally, EverSource Wealth Advisors LLC bought a new stake in American Bitcoin during the first quarter worth approximately $37,000. 10.21% of the stock is currently owned by institutional investors and hedge funds.

More American Bitcoin News

Here are the key news stories impacting American Bitcoin this week:

• Positive Sentiment: HC Wainwright initiated coverage with a Buy rating and a $22 price target, implying substantial upside from the recent $8.09 reference price. The firm forecasts positive 2027 quarterly EPS of $0.39 in Q1, $0.41 in Q2 and Q3, and $0.43 in Q4, with full-year EPS of $1.64. American Bitcoin's Buy Rating Reaffirmed at HC Wainwright
• Positive Sentiment: The bullish case centers on American Bitcoin’s mining efficiency. One analysis said the company was the lowest-cost publicly listed miner in the second quarter and generated approximately $26 million in cash profit despite a weak operating environment. Another report highlighted potential upside of as much as 185% if the company’s mining economics provide a durable competitive advantage. American Bitcoin's mining economics could be its edge
• Neutral Sentiment: HC Wainwright’s repeated quarterly and full-year estimate updates reflect the same new analyst coverage rather than separate revisions. The estimates suggest a progression toward recurring profitability in 2027, but they remain forward-looking and dependent on Bitcoin prices, mining difficulty and operating execution. American Bitcoin receives Buy rating and $22 target
• Negative Sentiment: A more cautious analysis rated American Bitcoin Buy with an $11 12-month target, well below HC Wainwright’s objective. It noted that the stock had declined sharply year to date and trades below the value of its Bitcoin holdings because investors remain concerned about potential dilution, related-party fees paid to Hut 8 and limited liquidity. American Bitcoin: The Market Pays Almost Nothing for the Mining Business

American Bitcoin Company Profile

Gryphon Digital Mining is an innovative venture in the bitcoin space. Gryphon Digital Mining, formerly known as Akerna Corp., is based in DENVER.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.