HC Wainwright Has Bullish Forecast for BTCS FY2025 Earnings

BTCS Inc. (NASDAQ:BTCS) – Investment analysts at HC Wainwright upped their FY2025 earnings estimates for shares of BTCS in a research note issued on Tuesday, November 18th. HC Wainwright analyst K. Dede now anticipates that the company will post earnings of $0.42 per share for the year, up from their prior estimate of $0.06. HC Wainwright currently has a “Buy” rating and a $7.00 target price on the stock. The consensus estimate for BTCS’s current full-year earnings is ($0.08) per share. HC Wainwright also issued estimates for BTCS’s Q4 2025 earnings at $0.01 EPS and FY2026 earnings at $0.02 EPS.

BTCS (NASDAQ:BTCS) last released its earnings results on Thursday, November 13th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.13). BTCS had a net margin of 464.44% and a negative return on equity of 25.01%. The firm had revenue of $4.94 million during the quarter, compared to the consensus estimate of $3.00 million.

A number of other equities research analysts have also recently issued reports on BTCS. Weiss Ratings raised shares of BTCS from a “sell (d)” rating to a “hold (c)” rating in a research note on Wednesday. Zacks Research upgraded shares of BTCS from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $7.00.

BTCS Price Performance

BTCS opened at $2.78 on Friday. The stock has a 50-day moving average price of $4.13 and a 200-day moving average price of $3.80. BTCS has a 12-month low of $1.25 and a 12-month high of $8.49. The company has a current ratio of 4.78, a quick ratio of 4.78 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $130.22 million, a P/E ratio of 3.86 and a beta of 1.19.

BTCS Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 17th. Investors of record on Friday, September 26th were issued a $0.05 dividend. The ex-dividend date of this dividend was Friday, September 26th.

Insider Transactions at BTCS

In other BTCS news, CEO Charles W. Allen bought 67,501 shares of BTCS stock in a transaction on Wednesday, November 19th. The stock was acquired at an average cost of $2.89 per share, with a total value of $195,077.89. Following the completion of the acquisition, the chief executive officer owned 4,666,506 shares in the company, valued at approximately $13,486,202.34. This represents a 1.47% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have purchased 90,500 shares of company stock worth $261,425 in the last three months. Insiders own 42.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its position in shares of BTCS by 2.8% during the 2nd quarter. Geode Capital Management LLC now owns 117,717 shares of the company’s stock valued at $259,000 after purchasing an additional 3,172 shares during the period. DLK Investment Management LLC raised its holdings in shares of BTCS by 13.3% during the 2nd quarter. DLK Investment Management LLC now owns 32,392 shares of the company’s stock worth $71,000 after acquiring an additional 3,792 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of BTCS by 1,856.8% in the 3rd quarter. Bank of America Corp DE now owns 10,880 shares of the company’s stock valued at $53,000 after acquiring an additional 10,324 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of BTCS during the 3rd quarter worth about $53,000. Finally, Nomura Holdings Inc. bought a new position in shares of BTCS during the third quarter valued at approximately $58,000. Hedge funds and other institutional investors own 3.48% of the company’s stock.

About BTCS

BTCS Inc operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.