Bit Digital (NASDAQ:BTBT – Get Free Report) is expected to be issuing its Q1 2026 results before the market opens on Thursday, May 14th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $25.7290 million for the quarter. Parties are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Friday, May 15, 2026 at 10:00 AM ET.
Bit Digital (NASDAQ:BTBT – Get Free Report) last issued its earnings results on Friday, March 27th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The company had revenue of $32.34 million for the quarter, compared to analysts’ expectations of $31.87 million. Bit Digital had a negative return on equity of 5.39% and a negative net margin of 70.70%. On average, analysts expect Bit Digital to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Bit Digital Price Performance
Shares of NASDAQ BTBT opened at $1.96 on Wednesday. The firm has a market capitalization of $640.10 million, a P/E ratio of -3.56 and a beta of 3.95. Bit Digital has a one year low of $1.25 and a one year high of $4.55. The company’s fifty day moving average is $1.58 and its two-hundred day moving average is $2.05. The company has a debt-to-equity ratio of 0.13, a quick ratio of 6.39 and a current ratio of 6.39.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
BTBT has been the topic of several research analyst reports. Zacks Research lowered shares of Bit Digital from a “hold” rating to a “strong sell” rating in a research report on Monday, April 6th. Weiss Ratings cut shares of Bit Digital from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, March 30th. B. Riley Financial dropped their target price on shares of Bit Digital from $6.00 to $5.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Wall Street Zen downgraded shares of Bit Digital from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Finally, HC Wainwright restated a “buy” rating and set a $7.00 target price on shares of Bit Digital in a report on Thursday, April 2nd. Two investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $5.67.
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Bit Digital Company Profile
Bit Digital, Inc (NASDAQ: BTBT) is a publicly traded digital asset mining company that specializes in the proof-of-work mining of Bitcoin. Incorporated in Nevada and headquartered in New York City, Bit Digital develops, owns and manages a fleet of high-efficiency ASIC miners, with the primary aim of generating newly minted Bitcoin through computational work. The company’s revenue is derived solely from its mining operations and any resulting cryptocurrency holdings.
To support its mining activities, Bit Digital maintains multiple data center facilities across North America.
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