HC Wainwright Forecasts BTCS’s FY2025 Earnings (NASDAQ:BTCS)

BTCS Inc. (NASDAQ:BTCS) – Stock analysts at HC Wainwright issued their FY2025 EPS estimates for BTCS in a report released on Tuesday, December 24th. HC Wainwright analyst K. Dede forecasts that the company will post earnings per share of ($0.16) for the year. HC Wainwright has a “Buy” rating and a $5.00 price objective on the stock. The consensus estimate for BTCS’s current full-year earnings is ($0.08) per share.

BTCS Price Performance

NASDAQ:BTCS opened at $2.86 on Wednesday. BTCS has a one year low of $0.95 and a one year high of $5.41. The business has a fifty day moving average price of $2.66 and a 200-day moving average price of $1.79. The firm has a market capitalization of $48.69 million, a price-to-earnings ratio of 6.98 and a beta of 2.08.

Institutional Investors Weigh In On BTCS

A hedge fund recently bought a new stake in BTCS stock. Virtu Financial LLC bought a new position in shares of BTCS Inc. (NASDAQ:BTCS) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 23,458 shares of the company’s stock, valued at approximately $27,000. Virtu Financial LLC owned approximately 0.14% of BTCS at the end of the most recent quarter. 3.48% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Melanie Pump sold 22,000 shares of BTCS stock in a transaction on Monday, November 25th. The shares were sold at an average price of $3.49, for a total transaction of $76,780.00. Following the transaction, the director now owns 38,735 shares in the company, valued at approximately $135,185.15. The trade was a 36.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 44.30% of the company’s stock.

BTCS Company Profile

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.