What is HC Wainwright's Estimate for BTCS FY2026 Earnings?

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 research analysts at HC Wainwright issued their FY2026 earnings per share (EPS) estimates for shares of BTCS in a report issued on Friday, August 15th. HC Wainwright analyst K. Dede anticipates that the company will earn ($0.05) per share 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 upgraded 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, BTCS currently has a consensus rating of "Buy" and a consensus target price of $7.00.

BTCS Trading Up 10.8%

Shares of BTCS traded up $0.4650 during mid-day trading on Monday, reaching $4.7750. 4,806,355 shares of the company were exchanged, compared to its average volume of 3,789,045. BTCS has a 52 week low of $0.95 and a 52 week high of $8.49. The company has a debt-to-equity ratio of 0.17, a quick ratio of 8.19 and a current ratio of 8.19. The stock has a market capitalization of $229.44 million, a PE ratio of -4.19 and a beta of 1.17. The business has a 50 day simple moving average of $4.02 and a two-hundred day simple moving average of $2.78.

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. SBI Securities Co. Ltd. lifted its holdings in shares of BTCS by 39.7% in the first 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 in the last quarter. Tidal Investments LLC bought a new position in shares of BTCS in the second quarter valued at approximately $54,000. DLK Investment Management LLC lifted its holdings in shares of BTCS by 13.3% in the second quarter. DLK Investment Management LLC now owns 32,392 shares of the company's stock valued at $71,000 after purchasing an additional 3,792 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of BTCS by 10.6% in the fourth quarter. Geode Capital Management LLC now owns 98,019 shares of the company's stock valued at $242,000 after purchasing an additional 9,404 shares in the last quarter. Finally, Invesco Ltd. bought a new position in shares of BTCS in the second quarter valued at approximately $293,000. Institutional investors own 3.48% of the company's stock.

Insider Buying and Selling

In other BTCS news, COO Michal Handerhan sold 112,779 shares of the firm's stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $6.00, for a total value of $676,674.00. Following the completion of the sale, the chief operating officer owned 1,641,581 shares of the company's stock, valued at approximately $9,849,486. This trade represents a 6.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Charles W. Allen sold 50,000 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The shares were 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 owned 4,579,506 shares in the company, valued at $21,844,243.62. This 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 valued at $1,648,489 in the last three months. Insiders own 42.80% of the company's stock.

About BTCS

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.