Bit Digital, Inc. (BTBT)
NASDAQ: BTBT · Real-Time Price · USD
3.680
+0.050 (1.38%)
At close: Jan 17, 2025, 4:00 PM
3.700
+0.020 (0.54%)
Pre-market: Jan 21, 2025, 9:03 AM 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 72.01% from the current stock price of 3.68.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 19, 2024.
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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +90.22% | Nov 19, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +63.04% | Oct 24, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $6 → $7 | Strong Buy | Maintains | $6 → $7 | +90.22% | Oct 16, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +63.04% | Aug 21, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +63.04% | Jul 12, 2024 |
Financial Forecast
Revenue This Year
108.84M
from 44.92M
Increased by 142.32%
Revenue Next Year
164.83M
from 108.84M
Increased by 51.44%
EPS This Year
-0.04
from -0.16
EPS Next Year
0.03
from -0.04
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 117.1M | 205.2M | 300.0M |
| Avg | 108.8M | 164.8M | 291.4M |
| Low | 101.4M | 118.7M | 280.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 160.7% | 88.5% | 82.0% |
| Avg | 142.3% | 51.4% | 76.8% |
| Low | 125.8% | 9.0% | 69.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.05 | 0.21 | 0.43 |
| Avg | -0.04 | 0.03 | 0.42 |
| Low | -0.09 | -0.27 | 0.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 1,306.9% |
| Avg | - | - | 1,266.7% |
| Low | - | - | 1,213.1% |
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.