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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.
1calculated from analyst ratings
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.
The latest analyst rating for Bit Digital (NASDAQ:BTBT) was provided by B. Riley Securities, 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 October 24, 2024 so you should expect the next rating to be made available sometime around October 24, 2025.
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.
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