Stronghold Digital Mining, Inc. (SDIG)

Market Cap	43.56M
Revenue (ttm)	74.97M
Net Income (ttm)	-71.40M
Shares Out	12.96M
EPS (ttm)	-7.46
PE Ratio	n/a
Forward PE	2.66
Dividend	n/a
Ex-Dividend Date	n/a

Volume	251,599
Open	3.340
Previous Close	3.200
Day's Range	3.190 - 3.440
52-Week Range	1.650 - 11.560
Beta	2.70
Analysts	Strong Buy
Price Target	7.75 (+130.66%)
Earnings Date	May 2, 2024

About SDIG

Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on Bitcoin mining in the United States. It operates in two segments, Energy Operations and Cryptocurrency Operations. It also owns and operates coal refuse power generation facilities; and provides environmental remediation and reclamation services. The company was incorporated in 2021 and is headquartered in New York, New York.

• Industry: Capital Markets
• Sector: Financials
• IPO Date: Oct 20, 2021
• Employees: 111
• Stock Exchange: NASDAQ
• Ticker Symbol: SDIG

Financial Performance

In 2023, SDIG's revenue was $74.97 million, a decrease of -31.99% compared to the previous year's $110.22 million. Losses were -$71.40 million, -20.01% less than in 2022.

Analyst Forecast

According to 2 analysts, the average rating for SDIG stock is "Strong Buy." The 12-month stock price forecast is $7.75, which is an increase of 130.66% from the latest price.

Price Target

$7.75

(130.66% upside)

Analyst Consensus: Strong Buy