ABTC
American Bitcoin Corp
There isn't enough reported data to score ABTC yet.
MS
Morgan Stanley
MS's fundamentals are strong: revenue grew 16% and earnings per share grew 29%. At 15x earnings, it's trading in line with its usual 14x. Analysts expect earnings growth.
ABTC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| N/A | |
| N/A |
ABTC's revenue is currently healthy, but its profitability is weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like ABTC.
MS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
MS's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like MS.
ABTC PE Valuation
ABTC has no meaningful PE right now: it lost money over the past year.
MS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $134 | -29% |
| Fair | 14x | $178 | -5.7% |
| Forward | 14x | $189 | — |
| Current | 15x | $189 | — |
| Expensive | 18x | $223 | +18% |
Historical ranges are pointers, not guarantees.
MS's PE is in its fair range at 15x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
ABTC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for ABTC, with profitability improving.
MS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for MS, with profitability improving.
ABTC Earnings Per Share
ABTC lost $1.26 per share over the past year, a smaller loss than the year before.
MS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.39 | +6.3% |
| Q3 2026 | $12.60 | +29% |
| Q2 2026 | $12.37 | +40% |
| Q1 2026 | $11.04 | +29% |
| Q4 2025 | $10.21 | +28% |
| Q3 2025 | $9.76 | +48% |
| Q2 2025 | $8.84 | +45% |
| Q1 2025 | $8.53 | +55% |
| Q4 2024 | $7.95 | +53% |
MS has the edge over ABTC in the latest year-over-year earnings comparison.
ABTC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $63.4M | -1.3% |
| Q2 2026 | $67M | +4767% |
| Q1 2026 | $62.1M | +3887% |
| Q4 2025 | $78.3M | +1937% |
| Q3 2025 | $64.2M | +1641% |
| Q2 2025 | $1.4M | -75% |
| Q1 2025 | $1.6M | -79% |
| Q3 2024 | $3.7M | +77% |
ABTC's revenue is growing: $63M last quarter, down 1.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 303% | +292 points |
| Q2 2026 | -111% | +52 points |
| Q1 2026 | -190% | +161 points |
| Q4 2025 | -134% | -6.8 points |
| Q3 2025 | 11% | +159 points |
| Q2 2025 | -162% | -56 points |
| Q1 2025 | -351% | -330 points |
| Q4 2024 | -127% | -3 points |
ABTC has the edge over MS on profitability, with a higher operating margin.
MS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.3B | +12% |
| Q2 2026 | $21.3B | +27% |
| Q1 2026 | $20.6B | +16% |
| Q4 2025 | $17.9B | +10% |
| Q3 2025 | $18.2B | +18% |
| Q2 2025 | $16.8B | +12% |
| Q1 2025 | $17.7B | +17% |
| Q4 2024 | $16.2B | +26% |
MS's revenue has grown year over year for 14 quarters in a row: $20.3B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | -1.2 points |
| Q2 2026 | 34% | +6.9 points |
| Q1 2026 | 34% | +2.8 points |
| Q4 2025 | 32% | +2 points |
| Q3 2025 | 33% | +5.6 points |
| Q2 2025 | 28% | +0.4 points |
| Q1 2025 | 31% | +2.2 points |
| Q4 2024 | 30% | +14 points |
MS's operating margin was 32% last quarter, down 1.2 points from the same quarter a year ago.
ABTC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | -$42.5M | -$39.3M |
| Q3 2024 | -$1.6M | -$470.3K |
| Q3 2023 | -$1.1M | +$2.1M |
| Q2 2023 | -$1.6M | +$2M |
| Q1 2023 | -$2.5M | +$1M |
| Q3 2022 | -$3.3M | -$1.9M |
| Q2 2022 | -$3.6M | -$1.3M |
| Q1 2022 | -$3.6M | -$2.2M |
ABTC has the stronger cash trend. Its trailing FCF is down 430% versus its history, compared with MS at down 492%.
MS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$46B | -$42.7B |
| Q2 2026 | -$2.7B | -123% |
| Q1 2026 | -$7.1B | +$16.9B |
| Q4 2025 | -$2.4B | -120% |
| Q3 2025 | -$3.3B | +$14B |
| Q2 2025 | $11.8B | +368% |
| Q1 2025 | -$24B | -650% |
| Q4 2024 | $11.8B | +$29.6B |
MS's free cash flow was −$58.3B over the past year, against −$3.7B the year before. Free cash flow isn't a meaningful measure for financial services companies like MS.
ABTC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.9% | +1.4M shares |
| 1 year | +22% | +12.9M shares |
| 3 years | +2041118% | +72.9M shares |
| 5 years | +37369889% | +72.9M shares |
ABTC has 73M diluted shares, up 22% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2025 | $72,000 |
MS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -3M shares |
| 1 year | -1.5% | -24M shares |
| 3 years | -4.7% | -77M shares |
| 5 years | -14% | -246M shares |
| Available history | -4.5% | -74M shares |
MS has the edge over ABTC on shareholder dilution, with a more favorable share count trend.
ABTC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.5x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
ABTC has the edge over MS on leverage, with a lower net debt burden relative to earnings.
MS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.8x | High |
| Q2 2026 | 7.3x | High |
| Q1 2026 | 8.2x | High |
| Q4 2025 | 8.6x | High |
| Q3 2025 | 8.4x | High |
| Q2 2025 | 8.7x | High |
| Q1 2025 | 8.7x | High |
| Q4 2024 | 7.9x | High |
MS's net debt is about 7.8 years of its operating earnings (EBITDA), down from 8.4 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MS.
ABTC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.7 | Oversold |
| Stochastic | 12.8 | Oversold |
ABTC's weekly RSI is 30 (oversold) and its Stochastic is 13 (oversold).
MS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.0 | Neutral |
| Stochastic | 18.7 | Oversold |
MS's weekly RSI is 45 (neutral) and its Stochastic is 19 (oversold).
ABTC PE vs Financial Services Sector
ABTC has no meaningful PE right now: it lost money over the past year.
MS PE vs Financial Services Sector
| Metric | MS | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 15% above |
| PE % | 59 | 63 | 4 pts below |
MS is trading at 15x earnings, a 15% premium to the Financial Services sector's median of 13x.
ABTC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.18 | 30% below |
| 20 week MA | $7.22 | 30% below |
| 50 week MA | $14.2 | 65% below |
| 100 week MA | $37.7 | 87% below |
| 200 week MA | $269.2 | 98% below |
ABTC is in a downtrend: it's below all five of its weekly moving averages, and 98% below its 200-week average.
MS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $186.5 | 1.5% above |
| 20 week MA | $203.3 | 6.9% below |
| 50 week MA | $191.9 | 1.4% below |
| 100 week MA | $164.9 | 15% above |
| 200 week MA | $129.3 | 46% above |
MS has the edge over ABTC on trend strength, trading above more of its moving averages.
ABTC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $248,700.0 | $108,000.0 | -57% |
| 2021 | $108,000.0 | $61,800.0 | -43% |
| 2022 | $61,800.0 | $1,188.0 | -98% |
| 2023 | $1,188.0 | $652.5 | -45% |
| 2024 | $652.5 | $34.1 | -95% |
| 2025 | $34.1 | $28.4 | -17% |
| 2026 YTD | $28.4 | $5.05 | -82% |
ABTC has finished every year since 2020 lower, and it's down 82% so far in 2026.
MS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.1 | $68.1 | +33% |
| 2021 | $68.1 | $99.3 | +46% |
| 2022 | $99.3 | $86.1 | -13% |
| 2023 | $86.1 | $93.3 | +8.3% |
| 2024 | $93.3 | $126.8 | +36% |
| 2025 | $126.8 | $181.9 | +43% |
| 2026 YTD | $181.9 | $189.2 | +4% |
MS has the edge over ABTC on returns for 2026, with the stronger performance.