HC Wainwright Forecasts BIT Mining FY2026 Earnings

BIT Mining Limited Sponsored ADR (NYSE:BTCM - Free Report) - Equities research analysts at HC Wainwright issued their FY2026 EPS estimates for shares of BIT Mining in a research note issued on Tuesday, October 14th. HC Wainwright analyst K. Dede anticipates that the company will earn ($2.00) per share for the year. The consensus estimate for BIT Mining's current full-year earnings is $1.00 per share.

A number of other equities research analysts also recently commented on BTCM. Weiss Ratings reissued a "sell (d-)" rating on shares of BIT Mining in a research report on Tuesday. Wall Street Zen raised shares of BIT Mining to a "hold" rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, BIT Mining presently has a consensus rating of "Reduce".

BIT Mining Stock Down 8.7%

Shares of BTCM opened at $2.82 on Friday. BIT Mining has a fifty-two week low of $1.22 and a fifty-two week high of $8.07. The firm's 50 day moving average price is $2.87 and its 200 day moving average price is $2.44. The company has a market cap of $46.08 million, a P/E ratio of -2.15 and a beta of 3.34.

BIT Mining Company Profile

BIT Mining Limited operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong. The company operates in two segments: Data Center and Cryptocurrency Mining. It operates a cryptocurrency mining data center in Ohio with power capacity of 82.5 megawatts; and purchases and deploys bitcoin mining machines.

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