Bit Digital (BTBT) Expected to Release Earnings on Thursday

Key Points

• Bit Digital is expected to report Q3 2026 results before the market opens on November 12, with its earnings call scheduled for 8:30 a.m. ET. Analysts forecast a loss of $0.05 per share and revenue of $32.21 million.
• In the prior quarter, the company reported a $0.31-per-share loss, missing the $0.05 loss analysts expected, while revenue of $32.11 million exceeded estimates of $23.58 million.
• Analyst sentiment is mixed but leans positive: MarketBeat reports a “Moderate Buy” consensus and an average $4.38 price target. Shares opened at $0.83, versus a 52-week range of $0.73 to $3.33.

Bit Digital (NASDAQ:BTBT - Get Free Report) will likely be posting its Q3 2026 results before the market opens on Thursday, November 12th. Analysts expect the company to post earnings of ($0.05) per share and revenue of $32.21 million for the quarter. Investors are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 12, 2026 at 8:30 AM ET.

Bit Digital (NASDAQ:BTBT - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.26). Bit Digital had a negative return on equity of 10.66% and a negative net margin of 237.19%. The business had revenue of $32.11 million during the quarter, compared to analysts' expectations of $23.58 million. On average, analysts expect Bit Digital to post ($0.19) EPS for the current fiscal year and ($0.09) EPS for the next fiscal year.

Bit Digital Price Performance

Shares of NASDAQ:BTBT opened at $0.83 on Thursday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.51 and a quick ratio of 1.51. Bit Digital has a 1-year low of $0.73 and a 1-year high of $3.33. The company has a market capitalization of $300.87 million, a P/E ratio of -0.79 and a beta of 3.54. The firm's 50 day simple moving average is $1.35 and its two-hundred day simple moving average is $1.61.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Craig Hallum restated a "buy" rating and set a $3.50 price objective on shares of Bit Digital in a research report on Tuesday, July 14th. UBS Group upgraded Bit Digital to a "buy" rating in a research report on Monday, September 28th. Zacks Research raised Bit Digital from a "strong sell" rating to a "hold" rating in a research note on Friday, July 17th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Bit Digital in a research note on Thursday, August 13th. Finally, HC Wainwright began coverage on Bit Digital in a research report on Tuesday, September 8th. They set a "buy" rating and a $4.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Bit Digital presently has a consensus rating of "Moderate Buy" and an average price target of $4.38.

About Bit Digital

Bit Digital, Inc NASDAQ: BTBT is a digital asset and blockchain infrastructure company. Its primary activities include cryptocurrency mining, with a focus on bitcoin, and staking services for proof-of-stake blockchain networks, including Ethereum. The company operates and manages specialized computing equipment and related infrastructure used to support blockchain networks and earn digital assets.

Bit Digital has also pursued opportunities in high-performance computing and artificial intelligence infrastructure, seeking to leverage its expertise in data-center operations and specialized computing.

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