Q4 EPS Estimates for Bit Digital Cut by Noble Financial

Bit Digital, Inc. (NASDAQ:BTBT) – Noble Financial dropped their Q4 2025 earnings per share (EPS) estimates for Bit Digital in a research report issued to clients and investors on Monday, August 18th. Noble Financial analyst J. Gomes now expects that the company will earn $0.00 per share for the quarter, down from their previous forecast of $0.01. The consensus estimate for Bit Digital’s current full-year earnings is ($0.20) per share. Noble Financial also issued estimates for Bit Digital’s FY2026 earnings at $0.03 EPS.

Other equities research analysts have also recently issued reports about the company. HC Wainwright reissued a “buy” rating and issued a $7.00 target price on shares of Bit Digital in a research note on Monday. Wall Street Zen raised Bit Digital from a “strong sell” rating to a “hold” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $6.33.

Bit Digital Trading Down 7.5%

NASDAQ BTBT opened at $2.72 on Tuesday. Bit Digital has a 12 month low of $1.69 and a 12 month high of $5.74. The stock has a market cap of $874.29 million, a P/E ratio of -8.77 and a beta of 4.90. The stock’s fifty day moving average price is $2.95 and its 200-day moving average price is $2.56.

Bit Digital (NASDAQ:BTBT) last released its earnings results on Thursday, August 14th. The company reported ($0.03) EPS for the quarter, hitting analysts’ consensus estimates of ($0.03). Bit Digital had a negative return on equity of 9.90% and a negative net margin of 52.86%.The firm had revenue of $25.66 million for the quarter, compared to analysts’ expectations of $27.46 million.

Insider Buying and Selling at Bit Digital

In other Bit Digital news, CEO Samir Tabar acquired 750,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 25th. The shares were bought at an average cost of $2.00 per share, with a total value of $1,500,000.00. Following the completion of the transaction, the chief executive officer directly owned 2,108,089 shares of the company’s stock, valued at approximately $4,216,178. This represents a 55.22% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Brock Jeffrey Pierce acquired 500,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 25th. The shares were acquired at an average cost of $2.00 per share, for a total transaction of $1,000,000.00. Following the completion of the transaction, the director directly owned 500,000 shares of the company’s stock, valued at $1,000,000. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Balyasny Asset Management L.P. bought a new position in Bit Digital in the second quarter valued at about $10,385,000. Valiant Capital Management L.P. bought a new position in Bit Digital in the second quarter valued at about $8,760,000. Vident Advisory LLC lifted its holdings in Bit Digital by 29.0% in the second quarter. Vident Advisory LLC now owns 3,723,069 shares of the company’s stock valued at $8,154,000 after acquiring an additional 837,074 shares during the period. Geode Capital Management LLC lifted its holdings in Bit Digital by 24.2% in the second quarter. Geode Capital Management LLC now owns 3,585,744 shares of the company’s stock valued at $7,853,000 after acquiring an additional 699,134 shares during the period. Finally, Allspring Global Investments Holdings LLC bought a new position in Bit Digital in the second quarter valued at about $7,512,000. Institutional investors own 47.70% of the company’s stock.

About Bit Digital

Bit Digital, Inc, together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications.