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Home โบ Stocks โบ Bit Digital, Inc. (BTBT) Stock Forecast & Price Prediction United States | NASDAQ | Financial Services | Capital Markets
$1.93
+0.19 (10.92%)Did BTBT Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Bit Digital is one of their latest high-conviction picks.
Based on our analysis of 3 Wall Street analysts, BTBT has a bullish consensus with a median price target of $4.00 (ranging from $3.00 to $7.00). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $1.93, the median forecast implies a 107.3% upside. This outlook is supported by 5 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Kevin Dede at HC Wainwright & Co., projecting a 262.7% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for BTBT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 2, 2026 | B. Riley Securities | Nick Giles | Buy | Maintains | $5.00 |
| Apr 2, 2026 | HC Wainwright & Co. | Kevin Dede | Buy | Reiterates | $7.00 |
| Nov 17, 2025 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Aug 18, 2025 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Jun 26, 2025 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| May 19, 2025 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Apr 21, 2025 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Mar 17, 2025 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Jan 21, 2025 | Craig-Hallum | Buy | Initiates | $N/A | |
| Nov 19, 2024 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Oct 24, 2024 | B. Riley Securities | Buy | Initiates | $N/A | |
| Oct 16, 2024 | HC Wainwright & Co. | Kevin Dede | Buy | Maintains | $7.00 |
| Aug 21, 2024 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Jul 12, 2024 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Jul 1, 2024 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| May 17, 2024 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Mar 20, 2024 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Feb 13, 2024 | Northland Capital Markets | Outperform | Initiates | $N/A | |
| Dec 4, 2023 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Aug 17, 2023 | HC Wainwright & Co. | Buy | Reiterates | $N/A |
The following stocks are similar to Bit Digital based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Bit Digital, Inc. has a market capitalization of $677.43M with a P/E ratio of 2.0x. The company generates $114.78M in trailing twelve-month revenue with a -147.5% profit margin.
Revenue growth is +10.9% quarter-over-quarter, while maintaining an operating margin of -520.3% and return on equity of -34.6%.
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Provides digital infrastructure and financial technology services.
The company generates revenue through digital asset mining, cloud services, colocation services, and Ethereum staking. It primarily mines bitcoin and participates in Ethereum staking for rewards, while also offering specialized cloud infrastructure for AI and machine learning developers.
Founded in 2015 and headquartered in New York City, Bit Digital is strategically positioned at the intersection of digital assets and high-performance computing, catering to data-intensive workloads and supporting third-party operators with its colocation services.
Financial Services
Capital Markets
104
United States
2018
Bit Digital (BTBT) is gaining attention among Zacks.com users, indicating potential investor interest that may influence its stock prospects.
Increased interest in Bit Digital (BTBT) among Zacks.com users may indicate potential volatility or upcoming opportunities, affecting stock performance and investor sentiment.
Analyst recommendations from brokerage firms can impact stock prices and influence investor decisions on buying, selling, or holding stocks.
Analyst recommendations can significantly sway stock prices, impacting investor sentiment and trading decisions, thus affecting market trends and individual portfolio performance.
Bitcoin prices declined as Strategy sold part of its holdings. Prediction market Kalshi indicates a likelihood of prices dropping below $60,000, a potential new low for 2026.
Bitcoin's price drop and a significant holding sale by Strategy signal potential bearish sentiment, influencing market predictions and investor confidence in future valuations.
BRC Specialty Finance and B. Riley Securities announced a $20 million advance under a $100 million term loan facility for Enovum NC-1 Venture LLC, linked to Bit Digital and WhiteFiber.
The transaction showcases BRC Specialty Finance's capability to provide flexible capital solutions, indicating potential growth and investment opportunities in the middle market sector.
Bit Digital Inc (NASDAQ:BTBT) has secured a $100 million delayed draw term loan for its majority-owned subsidiary WhiteFiber, Inc. (NASDAQ:WYFI), expandable to $150 million for growth initiatives.
Bit Digital's $100 million loan for WhiteFiber signals confidence in AI growth, potentially boosting both companies' valuations and influencing investor sentiment in tech and finance sectors.
WhiteFiber, Inc. (Nasdaq: WYFI) has secured a $100 million delayed draw term loan from Bit Digital Capital, Inc., with the potential to increase the facility to $150 million.
WhiteFiber's $100 million loan facility enhances its financial flexibility, supporting growth in AI and computing sectors, potentially boosting revenue and market position, which may attract investor interest.
Based on our analysis of 3 Wall Street analysts, Bit Digital, Inc. (BTBT) has a median price target of $4.00. The highest price target is $7.00 and the lowest is $3.00.
According to current analyst ratings, BTBT has 5 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.93. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict BTBT stock could reach $4.00 in the next 12 months. This represents a 107.3% increase from the current price of $1.93. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue through digital asset mining, cloud services, colocation services, and Ethereum staking. It primarily mines bitcoin and participates in Ethereum staking for rewards, while also offering specialized cloud infrastructure for AI and machine learning developers.
The highest price target for BTBT is $7.00 from Kevin Dede at HC Wainwright & Co., which represents a 262.7% increase from the current price of $1.93.
The lowest price target for BTBT is $3.00 from at , which represents a 55.4% increase from the current price of $1.93.
The overall analyst consensus for BTBT is bullish. Out of 3 Wall Street analysts, 5 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $4.00.
Stock price projections, including those for Bit Digital, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.