Bit Digital, Inc. (BTBT)
NASDAQ: BTBT · Real-Time Price · USD
2.140
+0.120 (5.94%)
Apr 1, 2025, 4:00 PM EDT - Market closed
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 195.79% from the current stock price of 2.14.
Analyst Consensus: Strong Buy
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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 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 | 3 | 3 | 3 | 4 | 4 | 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 | +227.10% | Mar 17, 2025 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +180.37% | Jan 21, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +227.10% | Nov 19, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +180.37% | Oct 24, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $6 → $7 | Strong Buy | Maintains | $6 → $7 | +227.10% | Oct 16, 2024 |
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
0.06
from 0.19
Decreased by -66.45%
EPS Next Year
0.27
from 0.06
Increased by 324.00%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 208.1M | 300.3M |
| Avg | 160.8M | 251.7M |
| Low | 124.5M | 209.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 93.6% | 86.8% |
| Avg | 49.6% | 56.5% |
| Low | 15.8% | 30.4% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 0.22 | 0.44 |
| Avg | 0.06 | 0.27 |
| Low | -0.16 | 0.11 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 16.1% | 591.8% |
| Avg | -66.4% | 324.0% |
| Low | - | 69.1% |
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.