Fintel reports that on February 2, 2026, HC Wainwright & Co. initiated coverage of American Bitcoin (NasdaqCM:ABTC) with a Buy recommendation.
Analyst Price Forecast Suggests 170.20% Upside
As of January 14, 2026, the average one-year price target for American Bitcoin is $4.08/share. The forecasts range from a low of $4.04 to a high of $4.20. The average price target represents an increase of 170.20% from its latest reported closing price of $1.51 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual non-GAAP EPS is 0.04.
What is the Fund Sentiment?
There are 88 funds or institutions reporting positions in American Bitcoin. This is an increase of 75 owner(s) or 576.92% in the last quarter. Average portfolio weight of all funds dedicated to ABTC is 0.03%, an increase of 3,258.45%. Total shares owned by institutions increased in the last three months by 451,917.89% to 54,590K shares. 
The put/call ratio of ABTC is 0.18, indicating a bullish outlook.
What are Other Shareholders Doing?
Solari Capital Management holds 47,123K shares representing 24.12% ownership of the company.
MYDA Advisors holds 1,087K shares representing 0.56% ownership of the company.
United Capital Management of KS holds 725K shares representing 0.37% ownership of the company.
UBS Group holds 455K shares representing 0.23% ownership of the company. In its prior filing, the firm reported owning 41K shares , representing an increase of 90.96%. The firm decreased its portfolio allocation in ABTC by 48.20% over the last quarter.
Millennium Management holds 413K shares representing 0.21% ownership of the company.
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This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
