Bit Digital Forecasts -$0.02 EPS on $31.7M Revenue, $5.50 Price Target Set
Analysts forecast Bit Digital’s March-quarter EPS of -$0.02 on $31.7 million revenue and Noble Capital Markets sets an Outperform rating with a $5.50 price target. The company holds 155,434 ETH valued at $305.4 million, stakes 89% for a 2.7% annualized yield, and trades at a P/E of 3.74.
1. Q1 Earnings Projections
The upcoming quarterly report is expected to show a loss per share of $0.02 on $31.7 million in revenue for the period ending March 13, 2026, offering insight into Bit Digital’s operational trends and revenue drivers.
2. Analyst Rating and Price Target
Noble Capital Markets maintains an Outperform rating with a $5.50 price target, signaling strong upside potential based on Bit Digital’s strategic asset positioning and focus on Ethereum infrastructure.
3. Ethereum Holdings and Financial Health
As of February 28, Bit Digital holds 155,434 ETH valued at $305.4 million, staking 89% of its position to earn 314 ETH in February rewards for a 2.7% annualized yield. The company trades at a P/E of 3.74, P/S of 3.22 and EV/S of 2.37, while carrying a debt/equity ratio of 0.046 and a current ratio of 17.53.