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Bit Digital - BTBT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $6.33
  • Forecasted Upside: 95.47%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 1 Strong Buy Ratings
$3.24 As of 12/23/2024 11:47 AM ET
▼ -0.11 (-3.28%)

This chart shows the closing price for BTBT by one month, three months, or twelve months.

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Analyst Price Target for BTBT

Analyst Price Target is $6.33
▲ +95.47% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Bit Digital in the last 3 months. The average price target is $6.33, with a high forecast of $7.00 and a low forecast of $6.00. The average price target represents a 95.47% upside from the last price of $3.24.

This chart shows the closing price for BTBT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 3 polled investment analysts is to buy stock in Bit Digital. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/1/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/27/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/25/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/23/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/22/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/22/2024

Latest Recommendations

  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/19/2024HC WainwrightReiterated RatingBuy ➝ Buy$7.00 ➝ $7.00
10/24/2024B. RileyInitiated CoverageBuy$6.00
10/23/2024B. RileyUpgradeStrong-Buy
10/16/2024HC WainwrightBoost TargetBuy ➝ Buy$6.00 ➝ $7.00
8/21/2024HC WainwrightReiterated RatingBuy ➝ Buy$6.00 ➝ $6.00
7/12/2024HC WainwrightReiterated RatingBuy ➝ Buy$6.00 ➝ $6.00
7/1/2024HC WainwrightBoost TargetBuy ➝ Buy$5.00 ➝ $6.00
5/17/2024HC WainwrightReiterated RatingBuy ➝ Buy$5.00
3/20/2024HC WainwrightReiterated RatingBuy ➝ Buy$5.00
2/13/2024Northland SecuritiesInitiated CoverageOutperform$6.00
12/4/2023HC WainwrightBoost TargetBuy ➝ Buy$4.00 ➝ $5.00
8/17/2023HC WainwrightReiterated RatingBuy ➝ Buy$4.00
6/14/2023HC WainwrightBoost Target$3.00 ➝ $4.00
5/3/2023HC WainwrightBoost Target$2.00 ➝ $3.00
12/9/2022HC WainwrightLower TargetBuy$4.00 ➝ $2.00
6/6/2022HC WainwrightLower TargetBuy$14.00 ➝ $4.00
9/23/2021HC WainwrightInitiated CoverageBuy$14.00
(Data available from 12/23/2019 forward)

News Sentiment Rating

1.09 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
5/26/2024
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/25/2024
  • 11 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/25/2024
  • 8 very positive mentions
  • 21 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
8/24/2024
  • 7 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
9/23/2024
  • 11 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/23/2024
  • 19 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/22/2024
  • 8 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/22/2024

Current Sentiment

  • 8 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Bit Digital logo
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.
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Today's Range

Now: $3.24
Low: $3.17
High: $3.35

50 Day Range

MA: $4.17
Low: $3.29
High: $5.52

52 Week Range

Now: $3.24
Low: $1.76
High: $5.74

Volume

3,849,548 shs

Average Volume

11,018,505 shs

Market Capitalization

$497.37 million

P/E Ratio

54.00

Dividend Yield

N/A

Beta

4.8

Frequently Asked Questions

What sell-side analysts currently cover shares of Bit Digital?

The following Wall Street research analysts have issued research reports on Bit Digital in the last year: B. Riley, HC Wainwright, and Northland Securities.
View the latest analyst ratings for BTBT.

What is the current price target for Bit Digital?

0 Wall Street analysts have set twelve-month price targets for Bit Digital in the last year. Their average twelve-month price target is $6.33, suggesting a possible upside of 89.1%. HC Wainwright has the highest price target set, predicting BTBT will reach $7.00 in the next twelve months. Northland Securities has the lowest price target set, forecasting a price of $6.00 for Bit Digital in the next year.
View the latest price targets for BTBT.

What is the current consensus analyst rating for Bit Digital?

Bit Digital currently has 2 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe BTBT will outperform the market and that investors should add to their positions of Bit Digital.
View the latest ratings for BTBT.

What other companies compete with Bit Digital?

Other companies that are similar to Bit Digital include Grupo Supervielle, Byline Bancorp, First Bancshares, Coastal Financial and Sprott. Learn More about companies similar to Bit Digital.

How do I contact Bit Digital's investor relations team?

Bit Digital's physical mailing address is 136-20 38TH AVE. SUITE 9A-2 FLUSHING, NEW YORK NY, 11354. The company's listed phone number is (212) 463-5121 and its investor relations email address is [email protected]. The official website for Bit Digital is www.dianniu98.com. Learn More about contacing Bit Digital investor relations.