
BTBT Stock Forecast & Price Target
BTBT Analyst Ratings
Bulls say
Bit Digital Inc. has demonstrated significant growth in its financial performance, with 3Q25 revenue rising to $30.5 million, a 20% sequential increase from $25.7 million in 2Q25, largely driven by enhanced ETH staking rewards that surged to $2.9 million. The company also significantly revised its FY25 and FY26 revenue estimates upward, projecting FY26 revenue at $252.1 million, a notable increase from a prior estimate of $208.0 million. Furthermore, Bit Digital's ability to generate ETH staking revenue and leverage creative financial instruments positions it favorably for future growth, reinforcing a robust outlook for the company's earnings potential.
Bears say
Bit Digital Inc reported a decrease in revenue, with figures declining to $25.7 million in the June quarter from $29.0 million year-over-year, largely due to a managed reduction in mining activities. Furthermore, the company's bitcoin mining capacity is set to diminish significantly, with projections indicating a decrease from 1.9 EH/s to 1.2 EH/s by mid-2024, while the economic viability of its aging fleet continues to deteriorate. The future outlook is further tempered by expectations of a halving in mining-related revenue by 2026, leading to a conservative approach to hash rate predictions amidst challenging market conditions.
This aggregate rating is based on analysts' research of Bit Digital, Inc and is not a guaranteed prediction by Public.com or investment advice.
BTBT Analyst Forecast & Price Prediction
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