American Bitcoin (NASDAQ:ABTC) Upgraded to Hold at Wall Street Zen

Posted by Geri Gentry on Nov 8th, 2026

Wall Street Zen upgraded shares of American Bitcoin (NASDAQ:ABTC – Free Report) from a sell rating to a hold rating in a research report sent to investors on Saturday,Wall Street Zen reports.

Other equities research analysts have also issued reports about the stock. Maxim Group set a $16.00 target price on shares of American Bitcoin and gave the company a “buy” rating in a research note on Monday, October 12th. Zacks Research raised American Bitcoin to a “hold” rating in a research note on Tuesday, October 13th. BTIG Research dropped their price target on American Bitcoin from $15.00 to $12.00 and set a “buy” rating on the stock in a research report on Thursday. HC Wainwright began coverage on shares of American Bitcoin in a research report on Monday, October 12th. They set a “buy” rating and a $22.00 price target on the stock. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of American Bitcoin in a research note on Monday, September 21st. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $27.50.

Get Our Latest Research Report on American Bitcoin

American Bitcoin Stock Up 0.8%

NASDAQ:ABTC opened at $5.35 on Friday. The company has a fifty day moving average of $8.09 and a 200 day moving average of $12.20. The firm has a market capitalization of $389.59 million, a P/E ratio of -4.06 and a beta of 4.09. American Bitcoin has a 52 week low of $4.91 and a 52 week high of $80.35.

American Bitcoin (NASDAQ:ABTC – Get Free Report) last posted its earnings results 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). American Bitcoin had a negative return on equity of 10.23% and a negative net margin of 26.74%. The business had revenue of $63.35 million during the quarter, compared to the consensus estimate of $72.70 million. As a group, analysts anticipate that American Bitcoin will post -0.03 EPS for the current year.

Institutional Trading of American Bitcoin

Institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC acquired a new stake in American Bitcoin in the 1st quarter valued at about $1,589,000. Kingsbury Capital Investment Advisors LLC lifted its stake in American Bitcoin by 142.1% in the 2nd quarter. Kingsbury Capital Investment Advisors LLC now owns 2,391,091 shares of the company’s stock worth $1,629,000 after purchasing an additional 1,403,547 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in American Bitcoin by 54,246.1% in the 1st 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. PCG Wealth Advisors LLC boosted its holdings in shares of 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 during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of American Bitcoin during the 2nd quarter worth approximately $273,000. 10.21% of the stock is owned by institutional investors and hedge funds.

American Bitcoin News Summary

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 $221 million in adjusted EBITDA, and grew its Bitcoin holdings to 8,427 BTC. The larger reserve gives the company substantial exposure to Bitcoin prices. Article: Eric Trump’s American Bitcoin Banks $126M Profit—But ABTC Shares Dive
Neutral Sentiment: The $126 million profit was driven chiefly by gains in the value of Bitcoin holdings, making it less indicative of recurring mining profitability. Article: Trump-linked American Bitcoin swings to $126 million profit but misses revenue estimates
Negative Sentiment: Revenue of roughly $63.4 million fell short of expectations of $72.7 million. Mining costs also rose while production declined, weighing on the operating outlook; coverage reported a sharp post-results share-price drop. Article: American Bitcoin (ABTC) Stock Drops 15% After Trump-Linked Miner Misses Revenue Target
Negative Sentiment: HC Wainwright cut its estimates for multiple 2027 quarters and lowered its full-year 2027 EPS forecast from $1.64 to $1.46. It maintained a Buy rating and $22 target, but the reductions reinforce concerns about near-term earnings. MarketBeat analyst estimates