Bit Digital (BTBT) Projected to Announce Quarterly Earnings on Thursday

Bit Digital (NASDAQ:BTBT) will likely be issuing its Q3 2026 results before the market opens on Thursday, November 12th. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $32.21 million for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 12, 2026 at 8:30 AM ET.

Bit Digital (NASDAQ:BTBT) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.26). The business had revenue of $32.11 million for the quarter, compared to analyst estimates of $23.58 million. Bit Digital had a negative net margin of 237.19% and a negative return on equity of 10.66%. 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 Stock Up 7.5%

Shares of Bit Digital stock opened at $0.79 on Tuesday. Bit Digital has a 1 year low of $0.69 and a 1 year high of $3.31. The company has a market cap of $284.50 million, a P/E ratio of -0.74 and a beta of 3.54. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.69. The stock has a 50-day moving average price of $1.30 and a 200 day moving average price of $1.58.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on BTBT shares. UBS Group upgraded Bit Digital to a “buy” rating in a report on Monday, September 28th. HC Wainwright began coverage on shares of Bit Digital in a research report on Tuesday, September 8th. They issued a “buy” rating and a $4.00 price target for the company. Craig Hallum restated a “buy” rating and set a $3.50 price target on shares of Bit Digital in a report on Tuesday, July 14th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Bit Digital in a research report on Thursday, August 13th. Finally, JonesTrading upgraded shares of Bit Digital to a “strong-buy” rating in a research note on Saturday, September 26th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, 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.