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Stronghold Digital Mining

SDIGNASDAQ
Logo brought to you by Benzinga Data
$5.45
0.35.83%
Pre-Market: 8:26 AM EDT
Consensus Rating1
Buy
Highest Price Target1
$41.00
Lowest Price Target1
$2.25
Consensus Price Target1
$14.55

Stronghold Digital Mining (NASDAQ:SDIG) Stock, Analyst Ratings, Price Targets, Forecasts

Stronghold Digital Mining Inc has a consensus price target of $14.55 based on the ratings of 6 analysts. The high is $41 issued by Compass Point on March 8, 2022. The low is $2.25 issued by Cowen & Co. on August 18, 2022. The 3 most-recent analyst ratings were released by B. Riley Securities, HC Wainwright & Co., and B. Riley Securities on August 26, 2024, August 15, 2024, and July 12, 2024, respectively. With an average price target of $5 between B. Riley Securities, HC Wainwright & Co., and B. Riley Securities, there's an implied -8.26% downside for Stronghold Digital Mining Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Buy
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Strong Sell
Analyst Rating and Forecast
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3.1
Hold
Strong Buy
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Analyst Firms Making Recommendations1

B. Riley Securities
Compass Point
Cowen & Co.
Northland Capital Markets
Compass Point

1calculated from analyst ratings

Analyst Ratings for Stronghold Digital Mining

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FAQ

Q

What is the target price for Stronghold Digital Mining (SDIG) stock?

A

The latest price target for Stronghold Digital Mining (NASDAQ:SDIG) was reported by B. Riley Securities on August 26, 2024. The analyst firm set a price target for $6.00 expecting SDIG to rise to within 12 months (a possible 10.09% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Stronghold Digital Mining (SDIG)?

A

The latest analyst rating for Stronghold Digital Mining (NASDAQ:SDIG) was provided by B. Riley Securities, and Stronghold Digital Mining maintained their neutral rating.

Q

When was the last upgrade for Stronghold Digital Mining (SDIG)?

A

The last upgrade for Stronghold Digital Mining Inc happened on February 8, 2023 when Compass Point raised their price target to $1. Compass Point previously had a neutral for Stronghold Digital Mining Inc.

Q

When was the last downgrade for Stronghold Digital Mining (SDIG)?

A

The last downgrade for Stronghold Digital Mining Inc happened on August 22, 2024 when HC Wainwright & Co. changed their price target from N/A to N/A for Stronghold Digital Mining Inc.

Q

When is the next analyst rating going to be posted or updated for Stronghold Digital Mining (SDIG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Stronghold Digital Mining, 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 Stronghold Digital Mining was filed on August 26, 2024 so you should expect the next rating to be made available sometime around August 26, 2025.

Q

Is the Analyst Rating Stronghold Digital Mining (SDIG) correct?

A

While ratings are subjective and will change, the latest Stronghold Digital Mining (SDIG) rating was a maintained with a price target of $5.00 to $6.00. The current price Stronghold Digital Mining (SDIG) is trading at is $5.45, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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