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GOOGL   122.23 (+0.07%)
AMZN   123.43 (-0.66%)
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NVDA   387.70 (+0.68%)
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GOOGL   122.23 (+0.07%)
AMZN   123.43 (-0.66%)
TSLA   244.40 (+4.06%)
NVDA   387.70 (+0.68%)
NIO   7.73 (-0.77%)
BABA   85.50 (-0.74%)
AMD   124.92 (+3.20%)
T   15.95 (-0.75%)
F   13.74 (+1.18%)
MU   65.43 (+0.17%)
CGC   0.68 (-2.06%)
GE   106.30 (+0.22%)
DIS   91.93 (-0.65%)
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PFE   38.97 (-0.31%)
PYPL   63.49 (-1.17%)
NFLX   420.02 (+2.60%)
NASDAQ:BTBT

Bit Digital (BTBT) Stock Forecast, Price & News

$2.86
-0.10 (-3.38%)
(As of 04:32 PM ET)
Compare
Today's Range
$2.85
$3.07
50-Day Range
$1.47
$3.39
52-Week Range
$0.53
$3.45
Volume
2.38 million shs
Average Volume
2.80 million shs
Market Capitalization
$235.89 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.00

Bit Digital MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.1% Upside
$3.00 Price Target
Short Interest
Healthy
10.91% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.37mentions of Bit Digital in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.40 out of 5 stars

Business Services Sector

308th out of 332 stocks

Nondepository Credit Institutions Industry

38th out of 42 stocks


BTBT stock logo

About Bit Digital (NASDAQ:BTBT) Stock

Bit Digital, Inc. engages in the digital asset mining business and Ethereum staking activities. The company was founded in November 2015 and is headquartered in New York, NY.

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BTBT Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Bit Digital (BTBT) to Release Earnings on Monday
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Bit Digital (NASDAQ:BTBT) PT Raised to $3.00
H.C. Wainwright Sticks to Its Buy Rating for Bit Digital (BTBT)
Bit Digital, Inc. (NASDAQ:BTBT) Short Interest Update
H.C. Wainwright Sticks to Their Buy Rating for Bit Digital (BTBT)
See More Headlines

BTBT Price History

BTBT Company Calendar

Last Earnings
4/28/2023
Today
6/09/2023
Next Earnings (Estimated)
6/28/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:BTBT
Fax
N/A
Employees
12
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.00
High Stock Price Forecast
$3.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+1.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-105,300,000.00
Net Margins
-326.03%
Pretax Margin
-327.86%

Debt

Sales & Book Value

Annual Sales
$32.30 million
Book Value
$0.98 per share

Miscellaneous

Free Float
48,418,000
Market Cap
$244.14 million
Optionable
Not Optionable
Beta
4.53

Key Executives

  • Sam Tabar
    Chief Executive Officer
  • Erke Huang
    Chief Financial Officer & Director
  • Cameron Schnier
    Head-Investor Relations













BTBT Stock - Frequently Asked Questions

Should I buy or sell Bit Digital stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bit Digital in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BTBT shares.
View BTBT analyst ratings
or view top-rated stocks.

What is Bit Digital's stock price forecast for 2023?

1 analysts have issued 1 year price objectives for Bit Digital's stock. Their BTBT share price forecasts range from $3.00 to $3.00. On average, they expect the company's stock price to reach $3.00 in the next year. This suggests a possible upside of 1.4% from the stock's current price.
View analysts price targets for BTBT
or view top-rated stocks among Wall Street analysts.

How have BTBT shares performed in 2023?

Bit Digital's stock was trading at $0.60 at the beginning of the year. Since then, BTBT stock has increased by 393.3% and is now trading at $2.96.
View the best growth stocks for 2023 here
.

Are investors shorting Bit Digital?

Bit Digital saw a decrease in short interest in May. As of May 15th, there was short interest totaling 9,000,000 shares, a decrease of 11.2% from the April 30th total of 10,130,000 shares. Based on an average daily trading volume, of 2,470,000 shares, the short-interest ratio is presently 3.6 days.
View Bit Digital's Short Interest
.

When is Bit Digital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 28th 2023.
View our BTBT earnings forecast
.

How were Bit Digital's earnings last quarter?

Bit Digital, Inc. (NASDAQ:BTBT) announced its earnings results on Friday, April, 28th. The company reported ($0.79) earnings per share for the quarter. The firm earned $7.78 million during the quarter. Bit Digital had a negative net margin of 326.03% and a negative trailing twelve-month return on equity of 77.17%.

What is Bit Digital's stock symbol?

Bit Digital trades on the NASDAQ under the ticker symbol "BTBT."

Who are Bit Digital's major shareholders?

Bit Digital's stock is owned by many different retail and institutional investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (2.35%), Van ECK Associates Corp (1.94%), Exchange Traded Concepts LLC (1.52%), BlackRock Inc. (0.41%), Group One Trading L.P. (0.00%) and Jane Street Group LLC (0.17%).

How do I buy shares of Bit Digital?

Shares of BTBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Bit Digital's stock price today?

One share of BTBT stock can currently be purchased for approximately $2.96.

How much money does Bit Digital make?

Bit Digital (NASDAQ:BTBT) has a market capitalization of $244.14 million and generates $32.30 million in revenue each year. The company earns $-105,300,000.00 in net income (profit) each year or ($1.34) on an earnings per share basis.

How can I contact Bit Digital?

Bit Digital's mailing address is 136-20 38TH AVE. SUITE 9A-2 FLUSHING, NEW YORK NY, 11354. The official website for the company is www.dianniu98.com. The company can be reached via phone at (212) 463-5121 or via email at ir@bit-digital.com.

This page (NASDAQ:BTBT) was last updated on 6/9/2023 by MarketBeat.com Staff

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