NASDAQ:SDIG

Stronghold Digital Mining - SDIG Price Target & Analyst Ratings

$0.60

+0.04 (+7.09%)

(As of 03/21/2023 12:00 AM ET)

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Today's Range: $0.57
▼
$0.63
50-Day Range: $0.45
▼
$0.81
52-Week Range: $0.40
▼
$10.89

Volume: 1.63 million shs
Average Volume: 1.40 million shs
Market Capitalization: $31.01 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.08

Institutional Ownership

Stronghold Digital Mining Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 6 Analyst Ratings

Consensus Analyst Price Target

$2.08
244.92% Upside

High Prediction	$3.00
Average Prediction	$2.08
Low Prediction	$0.50

Type	Current 3/22/22 to 3/22/23	1 Month Ago 2/20/22 to 2/20/23	3 Months Ago 12/22/21 to 12/22/22	1 Year Ago 3/22/21 to 3/22/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$2.08	$2.50	$2.50	$31.50
Predicted Upside	244.92% Upside	-1.50% Downside	9.50% Upside	136.73% Upside

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SDIG Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SDIG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Stronghold Digital Mining Stock vs. The Competition

Type	Stronghold Digital Mining	Business Services Companies	S&P 500
Consensus Rating Score	2.50	2.55	2.47
Consensus Rating	Moderate Buy	Buy	Hold
Predicted Upside	244.92% Upside	398.24% Upside	20.88% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
3/14/2023	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Pipes Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$1.00 ➝ $0.50	-6.28%
2/8/2023	Compass Point Subscribe to MarketBeat All Access for the recommendation accuracy rating	Chase White Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
11/16/2022	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$2.00	+142.42%
9/6/2022	HC Wainwright Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Dede Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$3.00	+114.28%
8/18/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$11.00 ➝ $2.25	-5.46%
12/8/2021	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Brendler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy

(Data available from 3/22/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

SDIG Price Target - Frequently Asked Questions

What is Stronghold Digital Mining's consensus rating and price target?: According to the issued ratings of 6 analysts in the last year, the consensus rating for Stronghold Digital Mining stock is Moderate Buy based on the current 3 hold ratings and 3 buy ratings for SDIG. The average twelve-month price prediction for Stronghold Digital Mining is $2.08 with a high price target of $3.00 and a low price target of $0.50. Learn more on SDIG's analyst rating history.
Do Wall Street analysts like Stronghold Digital Mining more than its competitors?: Analysts like Stronghold Digital Mining less than other Business Services companies. The consensus rating for Stronghold Digital Mining is Moderate Buy while the average consensus rating for business services companies is Buy. Learn more on how SDIG compares to other companies.
Is Stronghold Digital Mining being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Stronghold Digital Mining's stock had 2 downgrades and 1 upgrade by analysts.

Does Stronghold Digital Mining's stock price have much downside?: According to analysts, Stronghold Digital Mining's stock has a predicted downside of -15.98% based on their 12-month price targets.
What analysts cover Stronghold Digital Mining?: Stronghold Digital Mining has been rated by B. Riley, and Compass Point in the past 90 days.

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This page (NASDAQ:SDIG) was last updated on 3/22/2023 by MarketBeat.com Staff

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