ABTC American Bitcoin Corp.
Price Chart
Executive Summary
Two firms initiated coverage on American Battery Technology Company (ABTC) on the same day, with HC Wainwright and Roth Capital both issuing Buy ratings and a $4 price target. The stock currently trades at $1.24, offering 223% implied upside to the mean target. Consensus is overwhelmingly bullish at 88% Buy-equivalent ratings (7 of 8 analysts). HC Wainwright has a 43% accuracy rate on 4,605 calls with a 2.5% average return, which is below the typical 50%+ threshold for high-conviction calls. EPS estimates have been revised sharply lower over the past 30 days, with the current-year EPS dropping from $0.04 to $0.015. Insider buying is heavy — three purchases totaling $2.2M in early March, including a $1.85M buy by Director Mateen Justin. Institutional accumulation is extreme: Vanguard doubled its position (+1,144%), Charles Schwab and Two Sigma opened new positions worth $5.3M and $4.4M respectively. Short interest is elevated at 55.1% of float, creating a potential squeeze setup. The next earnings report is due May 6, 2026 — within 30 days, adding a timing catalyst. Bottom line: a cluster of bullish initiations from low-accuracy firms, but massive insider buying and institutional accumulation signal real conviction — the 55% short interest is the key tactical factor.
Impact Score
Consensus & Targets
Consensus is 88% Buy-equivalent: 2 Strong Buy, 5 Buy, 1 Hold, 0 Sell, 0 Strong Sell across 8 analysts. The lone Hold rating is the only dissenting voice, making the consensus direction overwhelmingly bullish.
Mean and median price target is $4.00, with high and low also at $4.00 — no dispersion. Current price $1.24 implies 223% upside to the mean. Both HC Wainwright and Roth Capital are exactly at the consensus target, meaning their view is in-line with the street.
Recent Analyst Activity
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| 2026-02-02 | HC Wainwright & Co. | initiate | Buy | $4.00 |
| 2025-12-10 | Roth Capital | initiate | Buy | $4.00 |
Zero upgrades or downgrades in the past 30 days. However, EPS revisions are sharply negative: current-year EPS estimate dropped from $0.04 to $0.015 over 30 days (a 63% cut). Next-quarter EPS fell from $0.01 to $0.00. Revenue estimates remain stable. The downward EPS revision trend conflicts with the bullish analyst initiations.
Earnings Estimates
Next earnings: May 6, 2026
| Period | EPS Est. | EPS Range | Revenue | Revisions (7d) |
|---|---|---|---|---|
| 0y | $0.01 | $0.01 — $0.02 | $326.2M | ↑0 ↓0 |
| +1q | $0.00 | $0.00 — $0.00 | $75.3M | ↑0 ↓0 |
| +1y | $0.02 | $0.02 — $0.02 | $491.4M | ↑0 ↓0 |
| 0q | $0.01 | $0.00 — $0.01 | $74.8M | ↑0 ↓0 |
Cross-Platform Signals
Insider buying is extremely bullish: Director Busch Richard bought $412K worth in three trades (Mar 3-5), and Director Mateen Justin bought $1.85M on Mar 3. Institutional accumulation is massive — Vanguard doubled its position (+1,144%), Morgan Stanley (+254%), Bank of America (+883%), and two new funds (Charles Schwab $5.3M, Two Sigma $4.4M). Short interest is 55.1% of float — extremely high. No congressional trades. The convergence of insider buying, institutional accumulation, and high short interest strongly supports the bullish analyst signal.
Actionable Insight
The 55% short interest combined with massive insider buying and institutional accumulation creates a high-probability squeeze setup. Traders should watch for a short squeeze catalyst ahead of the May 6 earnings — the cluster of bullish initiations adds fuel to an already crowded short.
Documents Analyzed
Report based on filing metadata.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 3, 2026
6w ago
|
ANALYST-UPGRADE
| $1.43 $1.03 | ▼ −27.97% | ▼ −25.79% | $0.8570 (−40.07%) |
|
Apr 27, 2026
6w ago
|
DEFA14A
| $1.21 $1.08 | ▼ −10.74% | ▼ −15.70% | $0.8570 (−29.17%) |
|
Mar 3, 2026
14w ago
|
Insider Cluster
| $1.03 $0.9240 | ▼ −10.29% | ▼ −5.89% | $0.8570 (−16.80%) |
|
Mar 3, 2026
14w ago
|
Insider Cluster
| $1.03 $0.9240 | ▼ −10.29% | ▼ −5.89% | $0.8570 (−16.80%) |
|
Feb 26, 2026
15w ago
|
8-K
| $1.08 $0.9130 | ▼ −15.46% | ▼ −9.06% | $0.8570 (−20.65%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access