HC Wainwright Issues Pessimistic Estimate for ABTC Earnings

American Bitcoin Corp. (NASDAQ:ABTC) – Stock analysts at HC Wainwright reduced their Q4 2026 EPS estimates for American Bitcoin in a research note issued to investors on Thursday, November 5th. HC Wainwright analyst M. Colonnese now anticipates that the company will post earnings of $0.15 per share for the quarter, down from their prior estimate of $0.21. HC Wainwright has a “Buy” rating and a $22.00 price target on the stock. The consensus estimate for American Bitcoin’s current full-year earnings is $1.24 per share. HC Wainwright also issued estimates for American Bitcoin’s Q1 2027 earnings at $0.32 EPS, Q2 2027 earnings at $0.36 EPS, Q3 2027 earnings at $0.38 EPS, Q4 2027 earnings at $0.40 EPS and FY2027 earnings at $1.46 EPS.

Other research analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of American Bitcoin from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. BTIG Research reduced their target price on shares of American Bitcoin from $15.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday. Maxim Group set a $16.00 target price on shares of American Bitcoin and gave the company a “buy” rating in a research note on Monday, October 12th. Zacks Research raised American Bitcoin to a “hold” rating in a research report on Tuesday, October 13th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of American Bitcoin in a research note on Monday, September 21st. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.50.

American Bitcoin Price Performance

Shares of American Bitcoin stock opened at $5.31 on Friday. The company has a market cap of $386.67 million, a PE ratio of -4.03 and a beta of 4.09. The firm has a fifty day moving average price of $8.15 and a two-hundred day moving average price of $12.29. American Bitcoin has a fifty-two week low of $4.92 and a fifty-two week high of $80.35.

American Bitcoin (NASDAQ:ABTC) last released its earnings results on Wednesday, November 4th. The company reported $1.73 EPS for the quarter, missing the consensus estimate of $2.86 by ($1.13). The company had revenue of $63.35 million for the quarter, compared to analyst estimates of $72.70 million. American Bitcoin had a negative net margin of 26.74% and a negative return on equity of 10.69%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ABTC. PCG Wealth Advisors LLC lifted its position in American Bitcoin by 78.2% in the second quarter. PCG Wealth Advisors LLC now owns 1,222,358 shares of the company’s stock worth $833,000 after purchasing an additional 536,325 shares during the period. Maripau Wealth Management LLC acquired a new stake in American Bitcoin during the first quarter worth $38,000. EverSource Wealth Advisors LLC bought a new stake in American Bitcoin in the 1st quarter valued at $37,000. Renaissance Technologies LLC bought a new stake in American Bitcoin in the 1st quarter valued at $1,589,000. Finally, Cetera Investment Advisers increased its holdings in American Bitcoin by 247.2% in the 1st quarter. Cetera Investment Advisers now owns 73,887 shares of the company’s stock valued at $68,000 after buying an additional 52,608 shares during the period. 10.21% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting American Bitcoin

Here are the key news stories impacting American Bitcoin this week:

• Positive Sentiment: American Bitcoin reported about $126 million in third-quarter net income and expanded its holdings to 8,427 BTC. Its reserve growth could benefit the company if bitcoin prices rise further. CoinDesk article
• Neutral Sentiment: HC Wainwright kept its Buy rating and $22 price target, but the target accompanies reduced earnings forecasts and may not offset the weaker estimates. American Bitcoin analyst information
• Negative Sentiment: HC Wainwright cut its estimates for every listed quarter from Q4 2026 through Q4 2027, lowering its FY2027 EPS forecast to $1.46 from $1.64. The downward revisions signal less optimism about near-term earnings.
• Negative Sentiment: Third-quarter revenue of $63.35 million missed the $72.70 million consensus. Reports also highlighted higher mining costs and lower production; because much of the reported profit came from bitcoin gains rather than mining operations, investors may question how sustainable the earnings are. Bitcoin.com article

About American Bitcoin

Gryphon Digital Mining is an innovative venture in the bitcoin space. Gryphon Digital Mining, formerly known as Akerna Corp., is based in DENVER.