Bit Digital Q2 Earnings Preview: Revenue Down 9.7%, Analysts Predict $5.83 Average Price Target

Bit Digital (BTBT) is set to announce Q2 earnings on August 14. Analysts expect an EPS of -$0.02, a 77.8% improvement YoY, but a 9.7% revenue dip to $26.2 million. The average price target is $5.83, suggesting an 84.02% upside potential. GuruFocus estimates a GF Value of $3.54 in one year, a 11.67% upside from the current price.

Bit Digital (BTBT) is set to release its quarterly earnings report on August 14, 2025. Analysts anticipate an earnings per share (EPS) of $-0.02, representing a 77.8% improvement year-over-year (YoY), but a 9.7% dip in revenue to $26.2 million. The average price target stands at $5.83, suggesting an 84.02% upside potential. GuruFocus estimates a GF Value of $3.54 in one year, a 11.67% upside from the current price [2].

Bit Digital's earnings track record has been mixed, with the company missing its EPS estimate in the previous quarter by $0.25, leading to a 15.53% increase in share price [1]. The company's market performance has been generally positive, with shares up 7.17% over the last 52 weeks, reflecting long-term bullish sentiment among shareholders.

The company's financial performance has lagged behind its peers in the information technology sector. Bit Digital's revenue growth, gross profit, and return on equity have been negative, while its net margin is significantly below industry averages [1]. However, the recent IPO of its high-performance computing (HPC) subsidiary, WhiteFiber, is seen as a potential catalyst for new growth. The IPO raised approximately $145.1 million and could provide investors with a clearer understanding of each segment's potential [2].

Analysts maintain an 'Outperform' rating on Bit Digital, with an average one-year price target of $5.50, indicating a potential upside from its current share price of about $3 [2]. The company's expansion of its anchor AI contract is expected to provide additional stable cash flow and risk diversification outside of its cryptocurrency mining and staking operations.

Investors should closely monitor Bit Digital's earnings release and guidance to assess the company's future prospects. The upcoming data center milestones, such as the MTL-2 and MTL-3 data centers expected to be operational in the fourth quarter of 2025, and the NC-1 site following in early 2026, could also impact the company's performance [2].

References:
[1] https://www.benzinga.com/insights/earnings/25/08/47094375/earnings-outlook-for-bit-digital
[2] https://www.proactiveinvestors.com/companies/news/1076649/bit-digital-s-whitefiber-ipo-is-a-potential-game-changer-analysts-say-1076649.html