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Bit Digital

BTBTNASDAQ
Logo brought to you by Benzinga Data
$4.27
-0.11-2.51%
At close: -
$4.38
0.112.57%
After Hours: Nov 15, 7:59 PM EDT
Q3 2024 earnings tomorrow on Mon Nov 18th before the market open
Conference call scheduled tomorrow at 10:00 AM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$7.00
Lowest Price Target1
$6.00
Consensus Price Target1
$6.33

Bit Digital (NASDAQ:BTBT) Stock, Analyst Ratings, Price Targets, Forecasts

Bit Digital Inc has a consensus price target of $6.33 based on the ratings of 3 analysts. The high is $7 issued by HC Wainwright & Co. on October 16, 2024. The low is $6 issued by B. Riley Securities on October 24, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, HC Wainwright & Co., and HC Wainwright & Co. on October 24, 2024, October 16, 2024, and August 21, 2024, respectively. With an average price target of $6.33 between B. Riley Securities, HC Wainwright & Co., and HC Wainwright & Co., there's an implied 44.60% upside for Bit Digital Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Jul
1
Aug
2
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B. Riley Securities
HC Wainwright & Co.
Northland Capital Markets

1calculated from analyst ratings

Analyst Ratings for Bit Digital

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Bit Digital (BTBT) stock?

A

The latest price target for Bit Digital (NASDAQ:BTBT) was reported by B. Riley Securities on October 24, 2024. The analyst firm set a price target for $6.00 expecting BTBT to rise to within 12 months (a possible 36.99% upside). 9 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Bit Digital (BTBT)?

A

The latest analyst rating for Bit Digital (NASDAQ:BTBT) was provided by B. Riley Securities, and Bit Digital initiated their buy rating.

Q

When was the last upgrade for Bit Digital (BTBT)?

A

There is no last upgrade for Bit Digital

Q

When was the last downgrade for Bit Digital (BTBT)?

A

There is no last downgrade for Bit Digital.

Q

When is the next analyst rating going to be posted or updated for Bit Digital (BTBT)?

A

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 October 24, 2024 so you should expect the next rating to be made available sometime around October 24, 2025.

Q

Is the Analyst Rating Bit Digital (BTBT) correct?

A

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 $4.38, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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