Bit Digital, Inc. (BTBT)
NASDAQ: BTBT · Real-Time Price · USD
2.080
0.00 (0.00%)
At close: May 9, 2025, 4:00 PM
2.070
-0.010 (-0.47%)
After-hours: May 9, 2025, 7:56 PM EDT

Bit Digital Stock Forecast

Stock Price Forecast

According to 3 professional analysts, the 12-month price target for Bit Digital stock ranges from a low of $6.00 to a high of $7.00. The average price target of $6.33 forecasts a 204.33% increase in the stock price over the next year.

Price Target: $6.33 (+204.33%)
Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $6.33 $6.00 $7.00
Change +188.46% +204.33% +188.46% +236.54%

Analyst Ratings

The average analyst rating for Bit Digital stock 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 Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 233333
Buy 111000
Hold 000000
Sell 000000
Strong Sell 000000
Total 344333

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 +236.54% Apr 21, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$7
Strong Buy Reiterates $7 +236.54% Mar 17, 2025
Craig-Hallum
Craig-Hallum
Strong Buy
Initiates
$6
Strong Buy Initiates $6 +188.46% Jan 21, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$7
Strong Buy Reiterates $7 +236.54% Nov 19, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Initiates
$6
Strong Buy Initiates $6 +188.46% Oct 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
160.80M
from 107.50M
Increased by 49.58%
Revenue Next Year
251.69M
from 160.80M
Increased by 56.52%
EPS This Year
-0.18
from 0.19
EPS Next Year
0.20
from -0.18
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
21.07M96.08M32.30M44.92M107.50M160.80M251.69M
Revenue Growth
-356.10%-66.39%39.07%139.34%49.58%56.52%
EPS
-0.07-0.02-1.34-0.160.19-0.180.20
EPS Growth
-------
Forward PE
------10.20
No. Analysts
-----75
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 208.1M 300.3M
Avg 160.8M 251.7M
Low 124.5M 209.7M

Revenue Growth

Revenue Growth 20252026
High
93.6%
86.8%
Avg
49.6%
56.5%
Low
15.8%
30.4%

EPS Forecast

EPS 20252026
High 0.22 0.44
Avg -0.18 0.20
Low -0.69 0.07

EPS Growth

EPS Growth 20252026
High
16.1%
-
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.