Bit Digital Inc. (BTBT) Social Stream
BIT DIGITAL INC (BTBT) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering BTBT.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-09-23 | 1 | $14 | $14 | $14 | $3.16 | 343.04% |
| 2023-03-23 | 1 | $2 | $2 | $2 | $3.16 | -36.71% |
| 2023-05-03 | 1 | $3 | $3 | $3 | $3.16 | -5.06% |
| 2023-06-14 | 1 | $4 | $4 | $4 | $3.16 | 26.58% |
| 2023-11-28 | 2 | $4.5 | $4 | $4.25 | $3.16 | 34.49% |
| 2023-12-04 | 2 | $5 | $4.5 | $4.75 | $3.16 | 50.32% |
The Trend in the Analyst Price Target
Over the past 172 days, BTBT's average price target has gone up $0.5.
BTBT reports an average of 52.27% for its upside potential over the past 37 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-05-03 | 1 | 3.0 | 3.0 | 3.00 | 2.07 | 44.93% |
| 2023-06-14 | 2 | 4.0 | 4.0 | 4.00 | 3.27 | 22.32% |
| 2023-06-14 | 1 | 4.0 | 4.0 | 4.00 | 3.27 | 22.32% |
| 2023-11-17 | 2 | 4.5 | 4.0 | 4.25 | 2.16 | 96.76% |
| 2023-12-04 | 2 | 5.0 | 4.5 | 4.75 | 3.17 | 49.84% |
BTBT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 2 | 0 | 0 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
BTBT's average broker recommendation rating improved by 0 over the prior 26 weeks.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for BTBT as an investment opportunity.
- BTBT has a higher number of analysts covering the stock than 8.46% of all US stocks.
- BTBT has a lower variance in analysts' estimates than 84.72% of all US stocks.
- BIT DIGITAL INC's average analyst price target is higher than 19.49% of Financial Services stocks.
- To contextualize these metrics, consider that out of Financial Services stocks, BIT DIGITAL INC's upside potential (average analyst target price relative to current price) is greater than 432.42% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Banking industry with the ratings most similar to BIT DIGITAL INC are CURO, SOS, and DXF.
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