Stronghold Digital Mining, Inc. (SDIG)
NASDAQ: SDIG · Real-Time Price · USD
4.900
-0.250 (-4.85%)
At close: Nov 21, 2024, 4:00 PM
4.860
-0.040 (-0.82%)
After-hours: Nov 21, 2024, 5:57 PM EST
Stronghold Digital Mining Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for SDIG stock have an average target of 7.25, with a low estimate of 6.00 and a high estimate of 8.50. The average target predicts an increase of 47.96% from the current stock price of 4.90.
Analyst Consensus: Buy
* Price targets were last updated on Aug 26, 2024.
Analyst Ratings
The average analyst rating for SDIG stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Hold Maintains $5 → $6 | Hold | Maintains | $5 → $6 | +22.45% | Aug 26, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 22, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $7 → $4 | Strong Buy | Maintains | $7 → $4 | -18.37% | Aug 15, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $6 → $5 | Hold | Maintains | $6 → $5 | +2.04% | Jul 12, 2024 |
| Compass Point | Compass Point | Strong Buy Maintains $22 → $8.5 | Strong Buy | Maintains | $22 → $8.5 | +73.47% | Apr 10, 2024 |
Financial Forecast
Revenue This Year
80.94M
from 74.97M
Increased by 7.96%
Revenue Next Year
103.02M
from 80.94M
Increased by 27.28%
EPS This Year
-2.11
from -7.46
EPS Next Year
-0.61
from -2.11
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 88.1M | 106.1M |
| Avg | 80.9M | 103.0M |
| Low | 73.3M | 99.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 17.5% | 31.0% |
| Avg | 8.0% | 27.3% |
| Low | -2.2% | 22.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -2.05 | -0.63 |
| Avg | -2.11 | -0.61 |
| Low | -2.14 | -0.59 |
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.