Q4 EPS Estimates for Bit Digital Reduced by Noble Financial

Bit Digital, Inc. (NASDAQ:BTBT) – Stock analysts at Noble Financial dropped their Q4 2025 earnings per share (EPS) estimates for Bit Digital in a research note issued on Tuesday, March 18th. Noble Financial analyst J. Gomes now anticipates that the company will post earnings per share of $0.03 for the quarter, down from their prior forecast of $0.08. The consensus estimate for Bit Digital’s current full-year earnings is ($0.20) per share.

Bit Digital (NASDAQ:BTBT) last released its quarterly earnings results on Friday, March 14th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.07). Bit Digital had a negative return on equity of 5.69% and a negative net margin of 2.75%. The company had revenue of $26.10 million for the quarter, compared to analysts’ expectations of $25.06 million. During the same period in the prior year, the business earned ($0.16) EPS.

BTBT has been the subject of a number of other research reports. HC Wainwright restated a “buy” rating and issued a $7.00 price objective on shares of Bit Digital in a research report on Monday. Craig Hallum started coverage on shares of Bit Digital in a research report on Tuesday, January 21st. They issued a “buy” rating and a $6.00 price objective for the company.

Bit Digital Stock Up 7.1 %

NASDAQ BTBT opened at $2.42 on Wednesday. The firm has a market cap of $371.49 million, a P/E ratio of 40.33 and a beta of 5.13. Bit Digital has a 52-week low of $1.76 and a 52-week high of $5.74. The business’s 50-day moving average price is $2.94 and its 200 day moving average price is $3.43.

Institutional Investors Weigh In On Bit Digital

A number of hedge funds have recently added to or reduced their stakes in the company. State Street Corp lifted its position in Bit Digital by 1.7% in the third quarter. State Street Corp now owns 5,597,517 shares of the company’s stock valued at $19,647,000 after purchasing an additional 94,762 shares during the period. Vident Advisory LLC lifted its position in shares of Bit Digital by 56.2% during the 4th quarter. Vident Advisory LLC now owns 3,194,409 shares of the company’s stock valued at $9,360,000 after acquiring an additional 1,149,727 shares during the period. Geode Capital Management LLC lifted its position in shares of Bit Digital by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 2,425,057 shares of the company’s stock valued at $8,512,000 after acquiring an additional 42,375 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Bit Digital by 116.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,749,845 shares of the company’s stock valued at $5,127,000 after acquiring an additional 943,214 shares during the period. Finally, Millennium Management LLC lifted its position in shares of Bit Digital by 30.1% during the 4th quarter. Millennium Management LLC now owns 1,437,250 shares of the company’s stock valued at $4,211,000 after acquiring an additional 332,513 shares during the period. Institutional investors and hedge funds own 47.70% of the company’s stock.

Bit Digital Company Profile

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.