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Bit Digital Analyst Ratings

Benzinga ·  Aug 17, 2023 06:27
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/17/2023 29.45% HC Wainwright & Co. → $4 Reiterates Buy → Buy
06/14/2023 29.45% HC Wainwright & Co. $3 → $4 Maintains Buy
05/03/2023 -2.91% HC Wainwright & Co. $2 → $3 Maintains Buy
12/09/2022 -35.28% HC Wainwright & Co. $4 → $2 Maintains Buy
06/06/2022 29.45% HC Wainwright & Co. $14 → $4 Maintains Buy
09/23/2021 353.07% HC Wainwright & Co. → $14 Initiates Coverage On → Buy

What is the target price for Bit Digital (BTBT)?

The latest price target for Bit Digital (NASDAQ: BTBT) was reported by HC Wainwright & Co. on August 17, 2023. The analyst firm set a price target for $4.00 expecting BTBT to rise to within 12 months (a possible 29.45% upside). 4 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Bit Digital (BTBT)?

The latest analyst rating for Bit Digital (NASDAQ: BTBT) was provided by HC Wainwright & Co., and Bit Digital reiterated their buy rating.

When is the next analyst rating going to be posted or updated for Bit Digital (BTBT)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bit Digital, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bit Digital was filed on August 17, 2023 so you should expect the next rating to be made available sometime around August 17, 2024.

Is the Analyst Rating Bit Digital (BTBT) correct?

While ratings are subjective and will change, the latest Bit Digital (BTBT) rating was a reiterated with a price target of $0.00 to $4.00. The current price Bit Digital (BTBT) is trading at is $3.09, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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