BTCS Inc. Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for BTCS Inc. stock has a target of 3.00, which predicts an increase of 17.19% from the current stock price of 2.56.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$3.00	$3.00	$3.00	$3.00
Change	+17.19%	+17.19%	+17.19%	+17.19%

* Price targets were last updated on Aug 22, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for BTCS Inc. is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kevin Dede HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $3	Strong Buy	Reiterates	$3	+17.19%	Aug 22, 2024
Kevin Dede HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $3	Strong Buy	Reiterates	$3	+17.19%	May 16, 2024
Kevin Dede HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $3	Strong Buy	Reiterates	$3	+17.19%	Mar 25, 2024
Kevin Dede HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $3	Strong Buy	Reiterates	$3	+17.19%	Jan 25, 2024
Kevin Dede HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $3	Strong Buy	Reiterates	$3	+17.19%	Nov 13, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

2.14M

from 1.34M

59.90%

from 1.34M

Revenue Next Year

n/a

from 2.14M

EPS This Year

0.21

from 0.55

-61.39%

from 0.55

EPS Next Year

n/a

from 0.21

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Revenue	-	-	1.21M	1.69M	1.34M	2.14M
Revenue Growth	-	-	-	39.49%	-20.85%	59.90%
EPS	-1.09	-0.86	-2.35	-1.25	0.55	0.21
EPS Growth	-	-	-	-	-	-61.39%
Forward PE	-	-	-	-	-	11.95
No. Analysts	-	-	-	-	-	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024
High	2.2M
Avg	2.1M
Low	2.1M

Revenue Growth

Revenue Growth	2024
High	64.6%
Avg	59.9%
Low	53.6%

EPS Forecast

EPS	2024
High	0.22
Avg	0.21
Low	0.21

EPS Growth

EPS Growth	2024
High	-60.3%
Avg	-61.4%
Low	-62.9%

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.