Stronghold Digital Mining, Inc. (SDIG)
NASDAQ: SDIG · IEX Real-Time Price · USD
4.230
-0.340 (-7.44%)
At close: Jul 2, 2024, 4:00 PM
4.221
-0.009 (-0.21%)
After-hours: Jul 2, 2024, 7:35 PM EDT
Stronghold Digital Mining Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for SDIG stock have an average target of 7.75, with a low estimate of 7.00 and a high estimate of 8.50. The average target predicts an increase of 83.22% from the current stock price of 4.23.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 10, 2024.
Analyst Ratings
The average analyst rating for SDIG stock from 2 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| 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 | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Compass Point | Compass Point | Strong Buy Maintains $22 → $8.5 | Strong Buy | Maintains | $22 → $8.5 | +100.95% | Apr 10, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +65.48% | Mar 7, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $2 → $7 | Strong Buy | Maintains | $2 → $7 | +65.48% | Jan 19, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +372.81% | May 5, 2023 |
| Compass Point | Compass Point | Strong Buy Maintains $15 → $23 | Strong Buy | Maintains | $15 → $23 | +431.91% | Apr 14, 2023 |
Financial Forecast
Revenue This Year
89.20M
from 74.97M
Increased by 18.99%
Revenue Next Year
99.25M
from 89.20M
Increased by 11.26%
EPS This Year
-0.91
from -7.46
EPS Next Year
-1.29
from -0.91
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 104.7M | 102.2M |
| Avg | 89.2M | 99.2M |
| Low | 73.7M | 95.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 39.6% | 14.5% |
| Avg | 19.0% | 11.3% |
| Low | -1.7% | 6.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.79 | -1.32 |
| Avg | -0.91 | -1.29 |
| Low | -1.02 | -1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.