Bit Digital Inc. (BTBT) Social Stream



Bit Digital Inc. (BTBT): $2.79

0.05 (+1.82%)

POWR Rating

Component Grades

Momentum

C

Stability

F

Sentiment

Quality

D

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.

Is BTBT a Buy, Hold or Sell? See the POWR Ratings now!


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