Bit Digital Inc
NASDAQ:BTBT

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Bit Digital Inc
NASDAQ:BTBT
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Price: 3.95 USD -2.47% Market Closed
Market Cap: 583.8m USD
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Wall Street
Price Targets

BTBT Price Targets Summary
Bit Digital Inc

Wall Street analysts forecast BTBT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for BTBT is 5.98 USD with a low forecast of 4.85 USD and a high forecast of 7.35 USD.

Lowest
Price Target
4.85 USD
23% Upside
Average
Price Target
5.98 USD
51% Upside
Highest
Price Target
7.35 USD
86% Upside

BTBT Last Price Targets
Bit Digital Inc

The latest public price target was made on Oct 24, 2024 by Nick Giles from B.Riley Financial , who expects BTBT stock to rise by 52% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Nick Giles
B.Riley Financial
6 USD
Upside 52%
4 weeks ago
Oct 24, 2024
B.Riley Starts Bit Digital Inc. (BTBT) at Buy
StreetInsider
Kevin Dede
H.C. Wainwright
7 USD
Upside 77%
1 month ago
Oct 16, 2024
Bit Digital Inc. (BTBT) PT Raised to $7 at H.C. Wainwright
StreetInsider
Kevin Dede
H.C. Wainwright
6 USD
Upside 52%
4 months ago
Jul 1, 2024
Bit Digital Inc. (BTBT) PT Raised to $6 at H.C. Wainwright
StreetInsider
Kevin Dede
H.C. Wainwright
5 USD
Upside 27%
6 months ago
May 17, 2024
H.C. Wainwright Reiterates Buy Rating on Bit Digital Inc. (BTBT)
StreetInsider
Nick Giles
B.Riley Financial
Price Target 6 USD
Upside/Downside 52%
View Source
Kevin Dede
H.C. Wainwright
Price Target 7 USD
Upside/Downside 77%
View Source
Kevin Dede
H.C. Wainwright
Price Target 6 USD
Upside/Downside 52%
View Source
Kevin Dede
H.C. Wainwright
Price Target 5 USD
Upside/Downside 27%
View Source
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Revenue
Forecast

Revenue Estimate
Bit Digital Inc

For the last 7 years the compound annual growth rate for Bit Digital Inc's revenue is 43%. The projected CAGR for the next 3 years is 90%.

43%
Past Growth
90%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Bit Digital Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-15%
Average Miss

Net Income
Forecast

Net Income Estimate
Bit Digital Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is BTBT's stock price target?
Price Target
5.98 USD

According to Wall Street analysts, the average 1-year price target for BTBT is 5.98 USD with a low forecast of 4.85 USD and a high forecast of 7.35 USD.

What is Bit Digital Inc's Revenue forecast?
Projected CAGR
90%

For the last 7 years the compound annual growth rate for Bit Digital Inc's revenue is 43%. The projected CAGR for the next 3 years is 90%.

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