Brokers Offer Predictions for ABTC Q1 Earnings

American Bitcoin Corp. (NASDAQ:ABTC) – Stock analysts at HC Wainwright issued their Q1 2027 earnings per share estimates for shares of American Bitcoin in a report released on Monday, October 12th. HC Wainwright analyst M. Colonnese anticipates that the company will earn $0.39 per share for the quarter. HC Wainwright has a “Buy” rating and a $22.00 price objective on the stock. HC Wainwright also issued estimates for American Bitcoin’s Q2 2027 earnings at $0.41 EPS, Q3 2027 earnings at $0.41 EPS, Q4 2027 earnings at $0.43 EPS and FY2027 earnings at $1.64 EPS.

American Bitcoin (NASDAQ:ABTC) last posted its quarterly earnings results on Monday, August 3rd. The company reported ($0.80) earnings per share for the quarter. The firm had revenue of $67.01 million for the quarter. American Bitcoin had a negative return on equity of 29.89% and a negative net margin of 71.75%.

A number of other brokerages also recently weighed in on ABTC. Weiss Ratings reissued a “sell (d)” rating on shares of American Bitcoin in a research note on Monday, September 21st. BTIG Research initiated coverage on shares of American Bitcoin in a research note on Wednesday, September 16th. They issued a “buy” rating and a $15.00 target price for the company. Wall Street Zen cut American Bitcoin from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, Maxim Group set a $16.00 price target on shares of American Bitcoin and gave the stock a “buy” rating in a research note on Monday. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, American Bitcoin currently has an average rating of “Moderate Buy” and an average target price of $28.25.

American Bitcoin Trading Up 4.7%

American Bitcoin stock opened at $8.09 on Tuesday. American Bitcoin has a 1-year low of $4.92 and a 1-year high of $97.20. The firm’s fifty day simple moving average is $8.16 and its 200-day simple moving average is $11.08. The company has a market capitalization of $589.11 million, a P/E ratio of -2.65 and a beta of 3.96.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Kingsbury Capital Investment Advisors LLC grew its holdings in American Bitcoin by 142.1% during the 2nd quarter. Kingsbury Capital Investment Advisors LLC now owns 2,391,091 shares of the company’s stock worth $1,629,000 after acquiring an additional 1,403,547 shares during the period. Renaissance Technologies LLC bought a new stake in shares of American Bitcoin during the first quarter worth $1,589,000. PCG Wealth Advisors LLC increased its holdings in American Bitcoin by 78.2% during the 2nd 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 in the last quarter. Caitong International Asset Management Co. Ltd raised its position in American Bitcoin by 2,180,227.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 479,672 shares of the company’s stock valued at $815,000 after buying an additional 479,650 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of American Bitcoin by 54,246.1% in the first quarter. PNC Financial Services Group Inc. now owns 874,972 shares of the company’s stock worth $808,000 after purchasing an additional 873,362 shares in the last quarter. Institutional investors own 10.21% of the company’s stock.

Insider Transactions at American Bitcoin

In other news, Director Justin Mateen acquired 162,438 shares of American Bitcoin stock in a transaction on Thursday, August 6th. The shares were purchased at an average price of $6.19 per share, with a total value of $1,005,491.22. Following the acquisition, the director owned 492,297 shares in the company, valued at $3,047,318.43. This represents a 49.24% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.57% of the company’s stock.

American Bitcoin News Roundup

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

• Positive Sentiment: HC Wainwright initiated coverage with a Buy rating and a $22 price target, implying substantial upside from the recent $8.09 reference price. The firm forecasts positive 2027 quarterly EPS of $0.39 in Q1, $0.41 in Q2 and Q3, and $0.43 in Q4, with full-year EPS of $1.64. American Bitcoin’s Buy Rating Reaffirmed at HC Wainwright
• Positive Sentiment: The bullish case centers on American Bitcoin’s mining efficiency. One analysis said the company was the lowest-cost publicly listed miner in the second quarter and generated approximately $26 million in cash profit despite a weak operating environment. Another report highlighted potential upside of as much as 185% if the company’s mining economics provide a durable competitive advantage. American Bitcoin’s mining economics could be its edge
• Neutral Sentiment: HC Wainwright’s repeated quarterly and full-year estimate updates reflect the same new analyst coverage rather than separate revisions. The estimates suggest a progression toward recurring profitability in 2027, but they remain forward-looking and dependent on Bitcoin prices, mining difficulty and operating execution. American Bitcoin receives Buy rating and $22 target
• Negative Sentiment: A more cautious analysis rated American Bitcoin Buy with an $11 12-month target, well below HC Wainwright’s objective. It noted that the stock had declined sharply year to date and trades below the value of its Bitcoin holdings because investors remain concerned about potential dilution, related-party fees paid to Hut 8 and limited liquidity. American Bitcoin: The Market Pays Almost Nothing for the Mining Business

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.