Should I buy or sell BTCS stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BTCS in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BTCS shares. View BTCS analyst ratings or view top-rated stocks .

What is BTCS's stock price target for 2024?

1 analysts have issued twelve-month price targets for BTCS's stock. Their BTCS share price targets range from $3.00 to $3.00. On average, they expect the company's stock price to reach $3.00 in the next year. This suggests a possible upside of 81.8% from the stock's current price. View analysts price targets for BTCS or view top-rated stocks among Wall Street analysts .

How have BTCS shares performed in 2023?

BTCS's stock was trading at $0.9917 at the beginning of the year. Since then, BTCS stock has increased by 66.4% and is now trading at $1.65. View the best growth stocks for 2023 here .

Are investors shorting BTCS?

BTCS saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 37,000 shares, a decrease of 21.9% from the October 31st total of 47,400 shares. Based on an average daily volume of 53,200 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company's shares are short sold. View BTCS's Short Interest .

When is BTCS's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, March 29th 2024. View our BTCS earnings forecast .

How were BTCS's earnings last quarter?

BTCS Inc. (NASDAQ:BTCS) posted its earnings results on Thursday, November, 9th. The company reported ($0.04) earnings per share for the quarter, topping analysts' consensus estimates of ($0.08) by $0.04. The company had revenue of $0.32 million for the quarter, compared to the consensus estimate of $0.40 million. BTCS had a negative net margin of 347.78% and a negative trailing twelve-month return on equity of 45.90%.

How do I buy shares of BTCS?

Shares of BTCS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

BTCS Stock Price, News & Analysis (NASDAQ:BTCS)

$1.65

+0.10 (+6.45%)

(As of 12/8/2023 ET)

Compare

Today's Range: $1.52
▼
$1.67
50-Day Range: $0.89
▼
$1.65
52-Week Range: $0.57
▼
$2.25

Volume: 297,757 shs
Average Volume: 129,370 shs
Market Capitalization: $23.71 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.00

BTCS MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 81.8% Upside
$3.00 Price Target
Short Interest: Healthy
0.40% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.27) to ($0.30) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

Finance Sector

432nd out of 863 stocks

Nondepository Credit Institutions Industry

16th out of 47 stocks

3.5

Analyst's Opinion

Consensus Rating
BTCS has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.00, BTCS has a forecasted upside of 81.8% from its current price of $1.65.
Amount of Analyst Coverage
BTCS has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.40% of the float of BTCS has been sold short.
Short Interest Ratio / Days to Cover
BTCS has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in BTCS has recently decreased by 21.94%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
BTCS does not currently pay a dividend.
Dividend Growth
BTCS does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BTCS.

2.1

News and Social Media Coverage

News Sentiment
BTCS has a news sentiment score of -0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for BTCS this week, compared to 1 article on an average week.
Search Interest
2 people have searched for BTCS on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
3 people have added BTCS to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BTCS insiders have not sold or bought any company stock.
Percentage Held by Insiders
40.20% of the stock of BTCS is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 3.54% of the stock of BTCS is held by institutions.

0.0

Earnings and Valuation

Earnings Growth
Earnings for BTCS are expected to decrease in the coming year, from ($0.27) to ($0.30) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of BTCS is -5.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of BTCS is -5.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
BTCS has a P/B Ratio of 2.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About BTCS Stock (NASDAQ:BTCS)

BTCS Inc. focuses on blockchain infrastructure and staking in the United States. The company secures blockchain-infrastructure operations and operates validator nodes on disruptive next-generation blockchain networks. It 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. The company was formerly known as Bitcoin Shop, Inc. and changed its name to BTCS Inc. in July 2015. BTCS Inc. was founded in 2014 and is based in Silver Spring, Maryland.

BTCS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BTCS Stock News Headlines

December 7, 2023 | msn.com

BTCS among financials gainers, Root in losers

December 1, 2023 | finance.yahoo.com

Are Finance Stocks Lagging BTCS Inc. (BTCS) This Year?

December 9, 2023 | Autonomix (Ad)

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December 1, 2023 | finance.yahoo.com

Are Finance Stocks Lagging BTCS Inc. (BTCS) This Year?

November 12, 2023 | benzinga.com

BTCS Stock (NASDAQ:BTCS) Earnings Dates and Earning Calls

November 10, 2023 | seekingalpha.com

BTCS GAAP EPS of -$0.04 beats by $0.04, revenue of $0.32M misses by $0.08M

November 10, 2023 | finance.yahoo.com

BTCS Reports Q3 2023 Results

October 23, 2023 | finance.yahoo.com

Bitcoin Spot ETF Delays: Flood Gates Ready To Surge For BTC and BTCS

December 9, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

October 20, 2023 | benzinga.com

Bitcoin Spot ETF Delays: Flood Gates Ready To Surge For BTC And BTCS?

October 11, 2023 | msn.com

In what might be the most expensive MMO ban of all time, gambling streamer loses 1 trillion gold valued at over $160,000

October 11, 2023 | finance.yahoo.com

Bitcoin Spark’s Utility Could Exceed What The Average Meme Coins Can Produce

September 29, 2023 | benzinga.com

Integrated Ventures Reports $3,862,849 In Yearly Mining Revenues With 162 Bitcoins Produced

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/09/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/29/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Nondepository credit institutions
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:BTCS
CUSIP: N/A
CIK: 1436229
Web: www.btcs.com
Phone: (202) 430-6576
Fax: N/A
Employees: 5
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.00
High Stock Price Target: $3.00
Low Stock Price Target: $3.00
Potential Upside/Downside: +81.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.31)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-15,890,000.00
Net Margins: -347.78%
Pretax Margin: -347.70%
Return on Equity: -45.90%
Return on Assets: -36.74%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 18.36
Quick Ratio: 18.36

Sales & Book Value

Annual Sales: $1.28 million
Price / Sales: 18.46
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.71 per share
Price / Book: 2.32

Miscellaneous

Outstanding Shares: 14,373,000
Free Float: 8,595,000
Market Cap: $23.72 million
Optionable: Not Optionable
Beta: 1.66

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Key Executives

Mr. Charles W. Allen (Age 48)
Chairman & CEO
Comp: $406.76k
Mr. Michal Handerhan (Age 46)
Co-Founder, COO, Secretary & Director
Comp: $293.18k
Mr. Michael Edward Prevoznik Jr. (Age 33)
Chief Financial Officer
Comp: $236.67k
Mr. Manish Paranjape (Age 50)
Chief Technology Officer

Key Competitors

View All Competitors

BTCS Stock Analysis - Frequently Asked Questions

Should I buy or sell BTCS stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BTCS in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BTCS shares.
View BTCS analyst ratings or view top-rated stocks.
What is BTCS's stock price target for 2024?: 1 analysts have issued twelve-month price targets for BTCS's stock. Their BTCS share price targets range from $3.00 to $3.00. On average, they expect the company's stock price to reach $3.00 in the next year. This suggests a possible upside of 81.8% from the stock's current price.
View analysts price targets for BTCS or view top-rated stocks among Wall Street analysts.
How have BTCS shares performed in 2023?: BTCS's stock was trading at $0.9917 at the beginning of the year. Since then, BTCS stock has increased by 66.4% and is now trading at $1.65.
View the best growth stocks for 2023 here.
Are investors shorting BTCS?: BTCS saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 37,000 shares, a decrease of 21.9% from the October 31st total of 47,400 shares. Based on an average daily volume of 53,200 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company's shares are short sold.
View BTCS's Short Interest.

When is BTCS's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, March 29th 2024.
View our BTCS earnings forecast.
How were BTCS's earnings last quarter?: BTCS Inc. (NASDAQ:BTCS) posted its earnings results on Thursday, November, 9th. The company reported ($0.04) earnings per share for the quarter, topping analysts' consensus estimates of ($0.08) by $0.04. The company had revenue of $0.32 million for the quarter, compared to the consensus estimate of $0.40 million. BTCS had a negative net margin of 347.78% and a negative trailing twelve-month return on equity of 45.90%.
How do I buy shares of BTCS?: Shares of BTCS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:BTCS) was last updated on 12/9/2023 by MarketBeat.com Staff

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