
BTBT Stock Forecast & Price Target
BTBT Analyst Ratings
Bulls say
Bit Digital Inc. exhibits a strong financial outlook, underpinned by consistent revenue growth and anticipated margin expansion within its primary operating segments, particularly in digital asset mining. The company's cloud and colocation services, specifically through its WhiteFiber subsidiary, are projected to contribute approximately $107 million to the 2026 top-line estimates, benefiting from margin stability and cash flow predictability. Additionally, the planned energization of 40MW at the Madison, NC site, with a total network capacity of 56MW, further enhances the company’s operational capabilities and potential for increased revenue in the foreseeable future.
Bears say
Bit Digital Inc. reported a revenue decline to $25.7 million for the June quarter, down from $29.0 million year-over-year, attributed mainly to a managed decline in mining activities. Despite a marginal increase from the first quarter, this decrease points to challenges in its core digital asset mining segment, which remains the primary revenue source. Furthermore, forecasts suggest a significant decrease in network hash rate from 1.6 Eh/s at the end of 2025 to 600 Ph/s by year-end 2026, indicating a potential struggle for the company to maintain its operational efficacy and thus impacting its financial outlook adversely.
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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