HC Wainwright Predicts Lower Earnings for American Bitcoin

American Bitcoin Corp. (NASDAQ:ABTC) – Research analysts at HC Wainwright lowered their Q4 2026 earnings estimates for shares of American Bitcoin in a research report issued to clients and investors on Thursday, November 5th. HC Wainwright analyst M. Colonnese now expects that the company will earn $0.15 per share for the quarter, down from their previous forecast of $0.21. HC Wainwright currently has a “Buy” rating and a $22.00 target price 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.

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

American Bitcoin Price Performance

American Bitcoin stock opened at $5.31 on Friday. American Bitcoin has a one year low of $4.92 and a one year high of $80.35. The company’s fifty day moving average price is $8.15 and its two-hundred day moving average price is $12.29. The company has a market capitalization of $386.67 million, a price-to-earnings ratio of -4.03 and a beta of 4.09.

American Bitcoin (NASDAQ:ABTC) last released its quarterly earnings data on Wednesday, November 4th. The company reported $1.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.86 by ($1.13). The business had revenue of $63.35 million during 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

Several institutional investors have recently bought and sold shares of ABTC. Integrated Wealth Concepts LLC grew its position in shares of American Bitcoin by 44.8% in the second quarter. Integrated Wealth Concepts LLC now owns 49,517 shares of the company’s stock valued at $34,000 after purchasing an additional 15,321 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of American Bitcoin during the 1st quarter worth about $37,000. Maripau Wealth Management LLC acquired a new position in shares of American Bitcoin during the 1st quarter worth about $38,000. J. Derek Lewis & Associates Inc. lifted its position in shares of American Bitcoin by 204.3% during the 1st quarter. J. Derek Lewis & Associates Inc. now owns 70,000 shares of the company’s stock worth $65,000 after purchasing an additional 47,000 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in American Bitcoin by 247.2% during the 1st quarter. Cetera Investment Advisers now owns 73,887 shares of the company’s stock valued at $68,000 after purchasing an additional 52,608 shares during the period. Institutional investors own 10.21% of the company’s stock.

Trending Headlines about 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

American Bitcoin Company Profile

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