FY2026 Earnings Estimate for BTCS Issued By HC Wainwright

Key Points

• HC Wainwright predicts that BTCS will report earnings per share of ($0.05) for FY2026, maintaining a "Buy" rating with a target price of $7.00 per share.
• Despite missing quarterly earnings estimates with a report of ($0.10) EPS, BTCS generated revenue of $2.77 million, exceeding analyst expectations of $1.70 million.
• Insider COO Michal Handerhan sold 112,779 shares at an average price of $6.00, reducing their stake in the company by 6.43%.

BTCS Inc. (NASDAQ:BTCS - Free Report) - Equities researchers at HC Wainwright issued their FY2026 earnings per share (EPS) estimates for BTCS in a report issued on Friday, August 15th. HC Wainwright analyst K. Dede forecasts that the company will post earnings per share of ($0.05) for the year. HC Wainwright currently has a "Buy" rating and a $7.00 price target on the stock. The consensus estimate for BTCS's current full-year earnings is ($0.08) per share.

Separately, Wall Street Zen raised BTCS from a "sell" rating to a "hold" rating in a research report on Saturday, June 14th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $7.00.

BTCS Stock Performance

Shares of BTCS stock traded up $0.51 during trading on Monday, hitting $4.82. 5,582,635 shares of the company's stock traded hands, compared to its average volume of 5,311,519. The stock has a market capitalization of $231.60 million, a P/E ratio of -4.23 and a beta of 1.17. The company has a debt-to-equity ratio of 0.17, a current ratio of 8.19 and a quick ratio of 8.19. The business has a 50-day simple moving average of $4.07 and a 200-day simple moving average of $2.79. BTCS has a 1 year low of $0.95 and a 1 year high of $8.49.

BTCS (NASDAQ:BTCS - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.03). BTCS had a negative net margin of 268.37% and a negative return on equity of 51.90%. The business had revenue of $2.77 million for the quarter, compared to analysts' expectations of $1.70 million.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. SBI Securities Co. Ltd. raised its stake in BTCS by 39.7% during the 1st quarter. SBI Securities Co. Ltd. now owns 24,846 shares of the company's stock valued at $37,000 after purchasing an additional 7,064 shares during the period. Tidal Investments LLC purchased a new position in shares of BTCS in the 2nd quarter worth approximately $54,000. DLK Investment Management LLC boosted its holdings in shares of BTCS by 13.3% in the 2nd quarter. DLK Investment Management LLC now owns 32,392 shares of the company's stock worth $71,000 after purchasing an additional 3,792 shares during the period. Geode Capital Management LLC boosted its holdings in shares of BTCS by 10.6% in the 4th quarter. Geode Capital Management LLC now owns 98,019 shares of the company's stock worth $242,000 after purchasing an additional 9,404 shares during the period. Finally, Invesco Ltd. purchased a new position in BTCS during the 2nd quarter valued at $293,000. Institutional investors own 3.48% of the company's stock.

Insider Activity

In other news, COO Michal Handerhan sold 112,779 shares of the firm's stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $6.00, for a total value of $676,674.00. Following the transaction, the chief operating officer owned 1,641,581 shares of the company's stock, valued at $9,849,486. This trade represents a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Charles W. Allen sold 50,000 shares of the firm's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $4.77, for a total value of $238,500.00. Following the completion of the transaction, the chief executive officer directly owned 4,579,506 shares in the company, valued at $21,844,243.62. This trade represents a 1.08% decrease in their position. The disclosure for this sale can be found here. Insiders sold 300,000 shares of company stock worth $1,648,489 over the last three months. Insiders own 42.80% of the company's stock.

BTCS Company Profile

BTCS Inc operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.