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NASDAQ: SDIG
Stronghold Digital Mining Inc Stock Forecast, Predictions & Price Target

Buy SDIG

Analyst price target for SDIG

Based on 6 analysts offering 12 month price targets for Stronghold Digital Mining Inc.
Min Forecast
$2.25+104.55%
Avg Forecast
$16.71+1,418.91%
Max Forecast
$41.00+3,627.27%

Should I buy or sell SDIG stock?

Based on 6 analysts offering ratings for Stronghold Digital Mining Inc.
Buy
Strong Buy
2 analysts 33.33%
Buy
3 analysts 50%
Hold
1 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SDIG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
HC Wainwright & Co.
Bottom 10%
10
BuyInitiates Coverage On$3.00+172.73%2022-09-06
Cowen & Co.
Bottom 9%
9
HoldDowngrades$2.25+104.55%2022-08-18
B. Riley Securities
Bottom 8%
8
Strong BuyMaintains$4.00+263.64%2022-08-17
Northland Securities
Bottom 25%
25
BuyMaintains$15.00+1,263.64%2022-03-30
Compass Point
Bottom 4%
4
Strong BuyMaintains$41.00+3,627.27%2022-03-08
Anonymous
Compass Point
Strong BuyInitiates Coverage On$35.00+3,081.82%2021-11-23
Northland Securities
Bottom 7%
7
BuyInitiates Coverage On$35.00+3,081.82%2021-11-15

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Forecast return on equity

Is SDIG forecast to generate an efficient return?
Company
-11.76%
Industry
24.5%
Market
108.79%
SDIG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SDIG forecast to generate an efficient return on assets?
Company
-4.49%
Industry
4.85%
SDIG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SDIG earnings per share forecast

What is SDIG's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$0.13-101.74%
Avg 2 year Forecast
-$0.24-103.2%
Avg 3 year Forecast
-$0.33-104.41%

SDIG revenue forecast

What is SDIG's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$118.5M+46.51%
Avg 2 year Forecast
$161.0M+99.04%
Avg 3 year Forecast
$141.1M+74.4%
SDIG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SDIG revenue growth forecast

How is SDIG forecast to perform vs Capital Markets companies and vs the US market?
Company
33.04%
Industry
4.7%
Market
8.22%
SDIG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SDIG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SDIG vs Capital Market Stocks

TickerPricePrice TargetUp/downsideConsensus
SDIG$1.10$16.71+1,418.91%Buy
HGBL$1.63$4.00+145.40%Strong Buy
SIEB$1.42N/AN/A
MFH$0.89N/AN/A
GREE$1.94$10.00+415.46%Strong Buy

Stronghold Digital Mining Stock Forecast FAQ

Is Stronghold Digital Mining Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: SDIG) stock is to Buy SDIG stock.

Out of 6 analysts, 2 (33.33%) are recommending SDIG as a Strong Buy, 3 (50%) are recommending SDIG as a Buy, 1 (16.67%) are recommending SDIG as a Hold, 0 (0%) are recommending SDIG as a Sell, and 0 (0%) are recommending SDIG as a Strong Sell.

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

What is SDIG's earnings growth forecast for 2022-2024?

(NASDAQ: SDIG) Stronghold Digital Mining's forecast annual earnings growth rate of N/A is not forecast to beat the US Capital Markets industry's average forecast earnings growth rate of 8.87%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.28%.

Stronghold Digital Mining's earnings in 2022 is -$40,243,461.On average, 2 Wall Street analysts forecast SDIG's earnings for 2022 to be -$6,279,791, with the lowest SDIG earnings forecast at -$7,245,912, and the highest SDIG earnings forecast at -$5,313,669. On average, 2 Wall Street analysts forecast SDIG's earnings for 2023 to be -$11,593,459, with the lowest SDIG earnings forecast at -$32,365,074, and the highest SDIG earnings forecast at $9,178,155.

In 2024, SDIG is forecast to generate -$15,941,007 in earnings, with the lowest earnings forecast at -$15,941,007 and the highest earnings forecast at -$15,941,007.

What is SDIG's revenue growth forecast for 2022-2024?

(NASDAQ: SDIG) Stronghold Digital Mining's forecast annual revenue growth rate of 33.04% is forecast to beat the US Capital Markets industry's average forecast revenue growth rate of 4.7%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.22%.

Stronghold Digital Mining's revenue in 2022 is $80,907,043.On average, 2 Wall Street analysts forecast SDIG's revenue for 2022 to be $5,726,202,842, with the lowest SDIG revenue forecast at $5,679,829,004, and the highest SDIG revenue forecast at $5,772,576,680. On average, 2 Wall Street analysts forecast SDIG's revenue for 2023 to be $7,778,969,754, with the lowest SDIG revenue forecast at $7,669,556,480, and the highest SDIG revenue forecast at $7,888,383,027.

In 2024, SDIG is forecast to generate $6,815,988,029 in revenue, with the lowest revenue forecast at $6,815,988,029 and the highest revenue forecast at $6,815,988,029.

What is SDIG's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: SDIG) forecast ROA is -4.49%, which is lower than the forecast US Capital Markets industry average of 4.85%.

What is SDIG's Price Target?

According to 6 Wall Street analysts that have issued a 1 year SDIG price target, the average SDIG price target is $16.71, with the highest SDIG stock price forecast at $41.00 and the lowest SDIG stock price forecast at $2.25.

On average, Wall Street analysts predict that Stronghold Digital Mining's share price could reach $16.71 by Sep 6, 2023. The average Stronghold Digital Mining stock price prediction forecasts a potential upside of 1,418.91% from the current SDIG share price of $1.10.

What is SDIG's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: SDIG) Stronghold Digital Mining's current Earnings Per Share (EPS) is $7.49. On average, analysts forecast that SDIG's EPS will be -$0.13 for 2022, with the lowest EPS forecast at -$0.15, and the highest EPS forecast at -$0.11. On average, analysts forecast that SDIG's EPS will be -$0.24 for 2023, with the lowest EPS forecast at -$0.67, and the highest EPS forecast at $0.19. In 2024, SDIG's EPS is forecast to hit -$0.33 (min: -$0.33, max: -$0.33).

What is SDIG's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: SDIG) forecast ROE is -11.76%, which is considered weak.
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