Brokers Set Expectations for ABTC FY2026 Earnings

American Bitcoin Corp. (NASDAQ:ABTC) – Equities researchers at HC Wainwright issued their FY2026 earnings estimates for shares of American Bitcoin in a note issued to investors on Monday, February 2nd. HC Wainwright analyst K. Dede anticipates that the company will post earnings per share of $0.07 for the year. HC Wainwright has a “Buy” rating and a $4.00 price objective on the stock. The consensus estimate for American Bitcoin’s current full-year earnings is ($0.76) per share.

Other analysts also recently issued reports about the company. Roth Mkm began coverage on American Bitcoin in a research note on Wednesday, December 10th. They set a “buy” rating and a $4.00 price objective for the company. Wall Street Zen raised American Bitcoin from a “sell” rating to a “hold” rating in a report on Sunday, November 23rd. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of American Bitcoin in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $4.00.

American Bitcoin Stock Performance

Shares of ABTC opened at $1.28 on Tuesday. American Bitcoin has a fifty-two week low of $0.63 and a fifty-two week high of $14.65. The firm has a 50-day simple moving average of $1.91 and a 200-day simple moving average of $4.63. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of -2.84 and a beta of 3.77.

Insider Activity

In other American Bitcoin news, Director Richard Busch bought 175,000 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was acquired at an average cost of $1.66 per share, with a total value of $290,500.00. Following the purchase, the director owned 899,975 shares in the company, valued at approximately $1,493,958.50. This represents a 24.14% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 15.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ABTC. Quent Capital LLC purchased a new position in American Bitcoin in the third quarter worth $52,000. Bank of America Corp DE acquired a new position in shares of American Bitcoin during the 3rd quarter worth $61,000. NewEdge Advisors LLC purchased a new position in shares of American Bitcoin in the 3rd quarter valued at about $71,000. Dimensional Fund Advisors LP acquired a new stake in shares of American Bitcoin in the third quarter valued at about $95,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of American Bitcoin in the third quarter valued at about $95,000. Institutional investors and hedge funds own 10.21% of the company’s stock.

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.