Stronghold Digital Mining, Inc. (SDIG)
NASDAQ: SDIG · IEX Real-Time Price · USD
3.820
+0.330 (9.46%)
At close: Apr 25, 2024, 4:00 PM
3.670
-0.150 (-3.93%)
After-hours: Apr 25, 2024, 7:59 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 102.88% from the current stock price of 3.82.
Analyst Consensus: Strong Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 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 | +122.51% | Apr 10, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +83.25% | Mar 7, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $2 → $7 | Strong Buy | Maintains | $2 → $7 | +83.25% | Jan 19, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +423.56% | May 5, 2023 |
| Compass Point | Compass Point | Strong Buy Maintains $15 → $23 | Strong Buy | Maintains | $15 → $23 | +489.01% | Apr 14, 2023 |
Financial Forecast
Revenue This Year
103.53M
from 74.97M
Increased by 38.10%
Revenue Next Year
110.67M
from 103.53M
Increased by 6.90%
EPS This Year
-0.96
from -7.46
EPS Next Year
-0.74
from -0.96
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 118.7M | 113.9M |
| Avg | 103.5M | 110.7M |
| Low | 88.2M | 106.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 58.3% | 10.0% |
| Avg | 38.1% | 6.9% |
| Low | 17.7% | 2.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.66 | -0.77 |
| Avg | -0.96 | -0.74 |
| Low | -1.23 | -0.72 |
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.