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Home โบ Stocks โบ Abits Group Inc. (ABTS) Stock Forecast & Price Prediction Hong Kong | NASDAQ | Financial Services | Capital Markets
$3.81
-0.18 (-4.51%)Did ABTS Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Abits is one of their latest high-conviction picks.
ABTS has shown a year-to-date change of 452.2% and a 1-year change of 662.0%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for ABTS. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for ABTS.
Date | Firm | Analyst | Rating | Change | Price Target |
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The following stocks are similar to Abits based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Abits Group Inc. has a market capitalization of $9.03M with a P/E ratio of -9.8x. The company generates $6.71M in trailing twelve-month revenue with a -13.6% profit margin.
Revenue growth is +81.7% quarter-over-quarter, while maintaining an operating margin of -32.2% and return on equity of -8.4%.
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Provides business consulting and services solutions.
Abits Group Inc. generates revenue by offering tailored consulting services that help organizations improve their strategic, operational, and transformational capabilities. By addressing complex challenges across various industries, the company delivers value through expert guidance and innovative methodologies, enabling clients to optimize performance and achieve growth.
The company serves diverse sectors including finance, healthcare, technology, and manufacturing, emphasizing sustainability and corporate responsibility. With a client-centric approach and a strong global presence, Abits Group sets industry benchmarks for service excellence and innovation.
Financial Services
Capital Markets
11
Mr. Conglin Deng
Hong Kong
2016
Abits Group Inc (NASDAQ: ABTS) has secured a $3.0 million loan to purchase Antminer S19XP machines, doubling mining capacity in Memphis, TN, with deployment by early April 2025.
Abits Group's expansion and increased mining capacity could boost its production and revenue, influencing stock performance. The loan's terms also indicate financial commitments and risk levels.
Abits Group Inc (NASDAQ: ABTS) has amended its articles to allow for an unlimited number of ordinary and preferred shares, effective February 17, 2025.
The amendment to Abits Group's articles allows for unlimited share issuance, potentially diluting existing shares and impacting shareholder value. This could influence investor sentiment and stock performance.
Abits Group Inc. (NASDAQ: ABTS) deployed 500 S19XP mining machines in Duff, Tennessee, increasing its hash rate by 70,500 TH and enhancing operational capacity.
Abits Group's deployment of 500 S19XP mining machines increases its hash rate, enhancing operational capacity and potential profitability in Bitcoin mining, which can positively impact stock performance.
Abits Group Inc (NASDAQ: ABTS) has been granted an additional 180 days to meet NASDAQ's minimum bid price requirement, now due by April 7, 2025, needing a price of at least $1.00 for ten consecutive days.
Abits Group Inc has secured extra time to meet NASDAQ's minimum bid price, allowing potential recovery in stock performance, which could influence investor sentiment and stock valuation.
Abits Group Inc (NASDAQ: ABTS) announced its half-year results for the period ending June 30, 2024, on August 16, 2024. Further details on performance were not provided.
Abits Group's half-year results may indicate financial performance trends, impacting stock valuation and investor sentiment. Positive results could boost confidence; negative may lead to sell-offs.
Abits Group Inc (NASDAQ: ABTS), a data center operator focused on bitcoin mining, reported progress in Q2 2024.
Abits Group's progress in Q2 2024 indicates strong operational performance, potentially boosting investor confidence and impacting stock valuation in the growing cryptocurrency sector.
Analyst forecasts for Abits Group Inc. (ABTS) are not currently available. The stock is trading at $3.81.
Analyst ratings for ABTS are not currently available. The stock is currently trading at $3.81. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for ABTS are not currently available. The stock is trading at $3.81.
Abits Group Inc. generates revenue by offering tailored consulting services that help organizations improve their strategic, operational, and transformational capabilities. By addressing complex challenges across various industries, the company delivers value through expert guidance and innovative methodologies, enabling clients to optimize performance and achieve growth.
Price targets from Wall Street analysts for ABTS are not currently available. The stock is trading at $3.81.
Price targets from Wall Street analysts for ABTS are not currently available. The stock is trading at $3.81.
Analyst ratings for ABTS are not currently available. The stock is trading at $3.81.
Stock price projections, including those for Abits Group Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.