What is HC Wainwright's Estimate for BTCS Q1 Earnings?

Key Points

• HC Wainwright projects BTCS will post $0.00 EPS for Q1 2026, maintains a "Buy" rating and a $5.00 price target while forecasting Q2 $0.00, Q3 $0.01 and Q4 $0.01; the consensus full-year estimate is a loss of ($0.08) per share.
• BTCS reported Q1 EPS of ($0.05), missing estimates despite revenue of $7.09 million beating consensus, and its shares trade around $1.39—well below the average analyst target of $5.00.
• Institutional investors have increased exposure recently—State Street and Vanguard notably boosted stakes in the fourth quarter—though overall institutional ownership remains modest at about 3.48%.

BTCS Inc. (NASDAQ:BTCS - Free Report) - Equities research analysts at HC Wainwright issued their Q1 2026 earnings estimates for shares of BTCS in a report released on Tuesday, March 31st. HC Wainwright analyst K. Dede forecasts that the company will post earnings of $0.00 per share for the quarter. HC Wainwright has a "Buy" rating and a $5.00 price objective on the stock. The consensus estimate for BTCS's current full-year earnings is ($0.08) per share. HC Wainwright also issued estimates for BTCS's Q2 2026 earnings at $0.00 EPS, Q3 2026 earnings at $0.01 EPS and Q4 2026 earnings at $0.01 EPS.

Several other research firms have also weighed in on BTCS. Wall Street Zen lowered BTCS from a "hold" rating to a "strong sell" rating in a research report on Saturday. Weiss Ratings reissued a "hold (c)" rating on shares of BTCS in a report on Friday. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $5.00.

BTCS Stock Performance

BTCS opened at $1.39 on Wednesday. The business's 50-day simple moving average is $1.82 and its 200 day simple moving average is $2.99. BTCS has a 52-week low of $1.25 and a 52-week high of $8.49. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.38 and a current ratio of 3.38. The firm has a market capitalization of $69.15 million, a PE ratio of -0.73 and a beta of 3.24.

BTCS (NASDAQ:BTCS - Get Free Report) last announced its quarterly earnings data on Friday, March 27th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.06). The company had revenue of $7.09 million during the quarter, compared to the consensus estimate of $4.50 million. BTCS had a negative net margin of 202.29% and a negative return on equity of 14.97%.

Hedge Funds Weigh In On BTCS

Hedge funds and other institutional investors have recently bought and sold shares of the business. State Street Corp increased its position in BTCS by 1,286.2% during the fourth quarter. State Street Corp now owns 2,529,760 shares of the company's stock worth $6,679,000 after buying an additional 2,347,260 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of BTCS by 354.0% in the third quarter. Vanguard Group Inc. now owns 2,008,400 shares of the company's stock valued at $9,701,000 after buying an additional 1,565,996 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of BTCS in the fourth quarter valued at approximately $954,000. Geode Capital Management LLC boosted its stake in shares of BTCS by 16.5% during the 4th quarter. Geode Capital Management LLC now owns 1,156,661 shares of the company's stock worth $3,054,000 after acquiring an additional 164,113 shares during the period. Finally, 683 Capital Management LLC bought a new position in shares of BTCS during the 4th quarter worth approximately $428,000. Institutional investors own 3.48% of the company's stock.

About BTCS

BTCS, Inc NASDAQ: BTCS is a digital asset technology company focused on blockchain infrastructure and related investments. Originally founded in 2012 as Bitcoin Shop, Inc, the company pivoted in 2018 to concentrate on blockchain technology applications, digital asset management and strategic investments in early-stage ventures. BTCS holds a diversified portfolio that includes cryptocurrency mining equipment, digital wallets, and equity stakes in promising blockchain startups.

In its mining operations, BTCS acquires and manages mining hardware to secure blockchain networks and generate newly minted digital tokens.

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