Bit Digital, Inc. (BTBT)
NASDAQ: BTBT · Real-Time Price · USD
2.710
-0.240 (-8.14%)
At close: Feb 21, 2025, 4:00 PM
2.760
+0.050 (1.85%)
After-hours: Feb 21, 2025, 7:59 PM EST
Bit Digital Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Bit Digital stock have an average target of 6.33, with a low estimate of 6.00 and a high estimate of 7.00. The average target predicts an increase of 133.58% from the current stock price of 2.71.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 21, 2025.
Analyst Ratings
The average analyst rating for Bit Digital stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +121.40% | Jan 21, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +158.30% | Nov 19, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +121.40% | Oct 24, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $6 → $7 | Strong Buy | Maintains | $6 → $7 | +158.30% | Oct 16, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +121.40% | Aug 21, 2024 |
Financial Forecast
Revenue This Year
109.10M
from 44.92M
Increased by 142.90%
Revenue Next Year
167.73M
from 109.10M
Increased by 53.74%
EPS This Year
-0.04
from -0.16
EPS Next Year
-0.00
from -0.04
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 117.1M | 209.1M | 301.5M |
| Avg | 109.1M | 167.7M | 277.7M |
| Low | 101.4M | 118.7M | 252.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 160.7% | 91.6% | 79.7% |
| Avg | 142.9% | 53.7% | 65.5% |
| Low | 125.8% | 8.8% | 50.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.05 | 0.22 | 0.44 |
| Avg | -0.04 | -0.00 | 0.26 |
| Low | -0.09 | -0.27 | 0.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.