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Bit Digital Inc has a consensus price target of $6.25 based on the ratings of 4 analysts. The high is $7 issued by HC Wainwright & Co. on November 19, 2024. The low is $6 issued by Craig-Hallum on January 21, 2025. The 3 most-recent analyst ratings were released by Craig-Hallum, HC Wainwright & Co., and B. Riley Securities on January 21, 2025, November 19, 2024, and October 24, 2024, respectively. With an average price target of $6.33 between Craig-Hallum, HC Wainwright & Co., and B. Riley Securities, there's an implied 71.17% upside for Bit Digital Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Bit Digital (NASDAQ:BTBT) was reported by Craig-Hallum on January 21, 2025. The analyst firm set a price target for $6.00 expecting BTBT to rise to within 12 months (a possible 62.16% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Bit Digital (NASDAQ:BTBT) was provided by Craig-Hallum, and Bit Digital initiated their buy rating.
There is no last upgrade for Bit Digital
There is no last downgrade for Bit Digital.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bit Digital, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bit Digital was filed on January 21, 2025 so you should expect the next rating to be made available sometime around January 21, 2026.
While ratings are subjective and will change, the latest Bit Digital (BTBT) rating was a initiated with a price target of $0.00 to $6.00. The current price Bit Digital (BTBT) is trading at is $3.70, which is within the analyst’s predicted range.
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