American Bitcoin Corp. (NASDAQ:ABTC) Stock Has Average Price Target of $37.50 According to Brokerages

Posted by on Oct 9th, 2026

Shares of American Bitcoin Corp. (NASDAQ:ABTC – Get Free Report) have been given a consensus rating of “Moderate Buy” by the six brokerages that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $37.50.

A number of research firms recently issued reports on ABTC. BTIG Research initiated coverage on American Bitcoin in a report on Wednesday, September 16th. They set a “buy” rating and a $15.00 price objective for the company. Maxim Group set a $15.00 target price on American Bitcoin and gave the company a “buy” rating in a research report on Tuesday, July 21st. Weiss Ratings reiterated a “sell (d)” rating on shares of American Bitcoin in a research report on Monday, September 21st. Finally, Wall Street Zen lowered American Bitcoin from a “hold” rating to a “sell” rating in a report on Saturday, August 8th.

Get Our Latest Research Report on American Bitcoin

Insider Buying and Selling

In other news, Director Justin Mateen bought 162,438 shares of the company’s stock in a transaction dated Thursday, August 6th. The stock was bought at an average cost of $6.19 per share, for a total transaction of $1,005,491.22. Following the transaction, the director owned 492,297 shares of the company’s stock, valued at $3,047,318.43. This represents a 49.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.57% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On American Bitcoin

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC bought a new position in shares of American Bitcoin during the 1st quarter worth approximately $1,589,000. Kingsbury Capital Investment Advisors LLC boosted its holdings in shares of American Bitcoin by 142.1% in the second 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. PNC Financial Services Group Inc. increased its position in shares of American Bitcoin by 54,246.1% during the first quarter. PNC Financial Services Group Inc. now owns 874,972 shares of the company’s stock valued at $808,000 after buying an additional 873,362 shares during the period. PCG Wealth Advisors LLC raised its position in shares of 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 buying an additional 536,325 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of American Bitcoin by 2,180,227.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 479,672 shares of the company’s stock valued at $815,000 after acquiring an additional 479,650 shares during the last quarter. 10.21% of the stock is currently owned by institutional investors and hedge funds.

American Bitcoin Price Performance

Shares of ABTC opened at $7.75 on Friday. American Bitcoin has a one year low of $4.92 and a one year high of $101.83. The business’s 50 day simple moving average is $8.07 and its 200-day simple moving average is $11.17. The company has a market capitalization of $564.36 million, a P/E ratio of -2.54 and a beta of 3.96.

American Bitcoin (NASDAQ:ABTC – Get Free Report) last released its earnings results on Monday, August 3rd. The company reported ($0.80) EPS for the quarter. American Bitcoin had a negative net margin of 71.75% and a negative return on equity of 29.89%. The firm had revenue of $67.01 million during the quarter.

American Bitcoin Company Profile

(Get Free Report)

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

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Analyst Recommendations for American Bitcoin (NASDAQ:ABTC)

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