American Bitcoin (NASDAQ:ABTC) Upgraded to “Strong-Buy” at Maxim Group

Posted by Geri Gentry on Jul 23rd, 2026

Maxim Group upgraded shares of American Bitcoin (NASDAQ:ABTC – Free Report) to a strong-buy rating in a research report released on Tuesday,Zacks.com reports.

Several other equities analysts have also recently issued reports on the stock. Zacks Research raised shares of American Bitcoin from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Weiss Ratings restated a “sell (d)” rating on shares of American Bitcoin in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $45.00.

Check Out Our Latest Report on American Bitcoin

American Bitcoin Trading Down 5.7%

Shares of ABTC stock opened at $6.10 on Tuesday. The company has a market capitalization of $432.49 million, a P/E ratio of -0.81 and a beta of 3.81. The business’s 50 day moving average is $11.40 and its two-hundred day moving average is $15.97. American Bitcoin has a twelve month low of $5.04 and a twelve month high of $217.80.

American Bitcoin (NASDAQ:ABTC – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($1.20) EPS for the quarter, missing the consensus estimate of $0.15 by ($1.35). American Bitcoin had a negative return on equity of 29.72% and a negative net margin of 69.42%.The company had revenue of $62.12 million for the quarter, compared to analysts’ expectations of $74.85 million.

Institutional Trading of American Bitcoin

Several hedge funds have recently modified their holdings of the business. Aristides Capital LLC acquired a new stake in shares of American Bitcoin in the fourth quarter valued at about $200,000. Marathon Trading Investment Management LLC acquired a new position in American Bitcoin during the fourth quarter worth about $67,000. Caitong International Asset Management Co. Ltd grew its position in American Bitcoin by 530,245.5% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 116,676 shares of the company’s stock worth $198,000 after buying an additional 116,654 shares during the period. SCS Capital Management LLC acquired a new position in American Bitcoin during the fourth quarter worth about $191,000. Finally, Foundations Investment Advisors LLC purchased a new position in American Bitcoin in the fourth quarter valued at about $221,000. 10.21% of the stock is owned by institutional investors and hedge funds.