What is HC Wainwright’s Estimate for BTCS FY2025 Earnings?

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

BTCS Stock Down 9.4 %

Shares of BTCS stock opened at $2.59 on Wednesday. The stock has a 50-day simple moving average of $2.69 and a 200 day simple moving average of $1.79. BTCS has a fifty-two week low of $0.95 and a fifty-two week high of $5.41. The stock has a market capitalization of $44.09 million, a P/E ratio of 6.32 and a beta of 2.08.

Insider Activity

In other BTCS news, Director Melanie Pump sold 22,000 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $3.49, for a total value of $76,780.00. Following the transaction, the director now owns 38,735 shares of the company’s stock, valued at approximately $135,185.15. This represents a 36.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 44.30% of the company’s stock.

Institutional Investors Weigh In On BTCS

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