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NASDAQ: BTBT
Bit Digital Inc Stock Forecast, Predictions & Price Target

Analyst price target for BTBT

Based on 2 analysts offering 12 month price targets for Bit Digital Inc.
Min Forecast
$5.00+125.23%
Avg Forecast
$5.50+147.75%
Max Forecast
$6.00+170.27%

Should I buy or sell BTBT stock?

Based on 2 analysts offering ratings for Bit Digital Inc.
Buy
Strong Buy
0 analysts 0%
Buy
2 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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BTBT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-20
lockedlocked$00.00+00.00%2024-02-13

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Forecast return on equity

Is BTBT forecast to generate an efficient return?

Forecast return on assets

Is BTBT forecast to generate an efficient return on assets?

BTBT revenue forecast

What is BTBT's revenue in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$97.7M+117.43%
Avg 2 year Forecast
$135.7M+202.1%
BTBT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BTBT revenue growth forecast

How is BTBT forecast to perform vs Capital Markets companies and vs the US market?
Company
117.43%
Industry
11.43%
Market
13.38%
BTBT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
BTBT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

BTBT vs Capital Market Stocks

TickerPricePrice TargetUp/downsideConsensus
BTBT$2.22$5.50+147.75%Buy
AGBA$2.97N/AN/A
HIVE$3.05$4.75+55.74%Buy
SWIN$10.79N/AN/A
APLD$2.93$10.00+241.30%Strong Buy

Bit Digital Stock Forecast FAQ

Is Bit Digital Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: BTBT) stock is to Buy BTBT stock.

Out of 2 analysts, 0 (0%) are recommending BTBT as a Strong Buy, 2 (100%) are recommending BTBT as a Buy, 0 (0%) are recommending BTBT as a Hold, 0 (0%) are recommending BTBT as a Sell, and 0 (0%) are recommending BTBT as a Strong Sell.

If you're new to stock investing, here's how to buy Bit Digital stock.

What is BTBT's revenue growth forecast for 2024-2025?

(NASDAQ: BTBT) Bit Digital's forecast annual revenue growth rate of 117.43% is forecast to beat the US Capital Markets industry's average forecast revenue growth rate of 11.43%, and it is also forecast to beat the US market's average forecast revenue growth rate of 13.38%.

Bit Digital's revenue in 2024 is $44,916,131.On average, 4 Wall Street analysts forecast BTBT's revenue for 2024 to be $10,478,334,408, with the lowest BTBT revenue forecast at $9,066,159,382, and the highest BTBT revenue forecast at $11,657,257,004.

In 2025, BTBT is forecast to generate $14,558,428,006 in revenue, with the lowest revenue forecast at $12,250,580,807 and the highest revenue forecast at $16,093,774,050.

What is BTBT's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: BTBT) forecast ROA is N/A, which is lower than the forecast US Capital Markets industry average of 2.88%.

What is BTBT's Price Target?

According to 2 Wall Street analysts that have issued a 1 year BTBT price target, the average BTBT price target is $5.50, with the highest BTBT stock price forecast at $6.00 and the lowest BTBT stock price forecast at $5.00.

On average, Wall Street analysts predict that Bit Digital's share price could reach $5.50 by Mar 20, 2025. The average Bit Digital stock price prediction forecasts a potential upside of 147.75% from the current BTBT share price of $2.22.

What is BTBT's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: BTBT) forecast ROE is N/A, which is considered weak.
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