Bit Digital (BTBT) Projected to Release Quarterly Earnings on Thursday

Bit Digital (NASDAQ:BTBT – Get Free Report) is expected to be issuing its Q3 2026 results before the market opens on Thursday, November 12th. Analysts expect Bit Digital to announce earnings of ($0.05) per share and revenue of $32.21 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 12, 2026 at 8:30 AM ET.

Bit Digital (NASDAQ:BTBT – Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.26). Bit Digital had a negative return on equity of 10.66% and a negative net margin of 237.19%. The company had revenue of $32.11 million during the quarter, compared to analysts’ expectations of $23.58 million. On average, analysts expect Bit Digital to post ($0.19) EPS for the current fiscal year and ($0.09) EPS for the next fiscal year.

Bit Digital Price Performance

BTBT stock opened at $0.73 on Wednesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.51 and a current ratio of 1.51. Bit Digital has a 1 year low of $0.69 and a 1 year high of $3.02. The firm has a market cap of $263.51 million, a P/E ratio of -0.69 and a beta of 3.54. The stock has a 50-day simple moving average of $1.29 and a 200-day simple moving average of $1.58.

Analyst Ratings Changes

BTBT has been the topic of several recent research reports. Zacks Research raised Bit Digital from a “strong sell” rating to a “hold” rating in a research report on Friday, July 17th. Craig Hallum restated a “buy” rating and issued a $3.50 price target on shares of Bit Digital in a report on Tuesday, July 14th. UBS Group raised shares of Bit Digital to a “buy” rating in a research report on Monday, September 28th. JonesTrading raised shares of Bit Digital to a “strong-buy” rating in a research report on Saturday, September 26th. Finally, HC Wainwright assumed coverage on shares of Bit Digital in a research note on Tuesday, September 8th. They set a “buy” rating and a $4.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $4.38.

Read Our Latest Stock Analysis on BTBT

About Bit Digital

(Get Free Report)

Bit Digital, Inc. (NASDAQ: BTBT) is a digital asset and blockchain infrastructure company. Its primary activities include cryptocurrency mining, with a focus on bitcoin, and staking services for proof-of-stake blockchain networks, including Ethereum. The company operates and manages specialized computing equipment and related infrastructure used to support blockchain networks and earn digital assets. Bit Digital has also pursued opportunities in high-performance computing and artificial intelligence infrastructure, seeking to leverage its expertise in data-center operations and specialized computing.

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Earnings History for Bit Digital (NASDAQ:BTBT)

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