Bit Digital Inc (BTBT) Stock Forecast & Price Target
Bit Digital Inc · NASDAQ
$1.36-0.01 (-0.73%)
15-min delayed · Jul 27, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering Bit Digital Inc, 2 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $5.00 to $7.00, a moderate spread. The average target of $6.00 sits 341% above the current $1.36. The rating mix has held broadly steady over recent months.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Moderate Buy
Strong Buy00%
Buy2100%
Hold00%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to Bit Digital Inc.
As of Jul, 2 of 2 firms rate BTBT a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
BTBT EPS & revenue forecast
EPS · NEXT QUARTER
$-0.02
Range $-0.02 – $-0.02 · 1 analysts · -104% YoY
Next period, 1 analysts expect Bit Digital Inc to earn $-0.02 a share (range $-0.02 – $-0.02), versus $0.47 a year earlier. Full-year consensus is $0.00.
REVENUE · NEXT QUARTER
$37.7M
Range $29.6M – $45.2M · 1 analysts · +24% YoY
Revenue is expected to reach $37.7M (range $29.6M – $45.2M), +23.5% year-over-year. Full-year consensus is $142.6M, rising to $292.9M next year.
Top analysts covering Bit Digital Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on BTBT.
#1
George Sutton
Craig-Hallum · Rank #114
Buy
$6.00+341.2% to target
Overall win rate
36%
+ Follow
#2
Kevin Dede
HC Wainwright & Co. · Rank #250
Buy
$7.00+414.7% to target
Overall win rate
27%
+ Follow
#3
NG
Nick Giles
B. Riley Securities
Buy
$5.00+267.6% to target
Coverage
—
+ Follow
BTBT stock forecast FAQ
What is BTBT's average 12-month price target?+
The 2 analysts with a live target average $6.00 for Bit Digital Inc over the next 12 months, ranging from a $7.00 high to a $5.00 low.
Is BTBT stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 2 analyst ratings, 2 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for BTBT?+
The Street-high target is $7.00 (HC Wainwright & Co.), and the Street-low is $5.00 (B. Riley Securities). The average of all 2 active targets is $6.00.
How many Wall Street analysts cover BTBT?+
2 analysts have an active rating on Bit Digital Inc, and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering BTBT?+
Among analysts who currently cover BTBT, George Sutton of Craig-Hallum has the strongest overall Quantellect track record (Rank #114). Their current call is Buy with a $6.00 target.
What is Bit Digital Inc's projected EPS for next quarter?+
The consensus estimate is $-0.02 per share (range $-0.02 – $-0.02) across 1 analysts. Full-year EPS is projected at $0.00, rising to — the following year.
How much revenue is Bit Digital Inc expected to report next quarter?+
Consensus revenue is $37.7M (range $29.6M – $45.2M). Full-year revenue is projected at $142.6M, growing to $292.9M next year.
Have analysts been upgrading or downgrading BTBT lately?+
As of Jul, 2 of 2 firms rate BTBT a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their BTBT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
