
BTBT Stock Forecast & Price Target
BTBT Analyst Ratings
Bulls say
Bit Digital Inc. has demonstrated robust financial performance with a 20% sequential revenue increase, rising to $30.5 million in 3Q25 compared to $25.7 million in 2Q25, primarily driven by a significant increase in ETH staking rewards, which soared to $2.9 million in the latest quarter. The company also revised its revenue estimates upwards for FY26 to $252.1 million from $208.0 million, and for FY25 to $112.6 million from $107.1 million, indicating strong growth prospects. Additionally, Bit Digital's strategic positioning in digital asset mining and its unique ability to enhance the tokens-per-share KPI through financial instruments further support a favorable outlook for the company's future revenue growth.
Bears say
Bit Digital reported a year-over-year revenue decline to $25.7 million for the June quarter, down from $29.0 million, signaling challenges primarily stemming from a managed reduction in its mining operations. The company is expected to further decrease its mining capacity from 1.9 Eh/s at the end of September to 1.2 Eh/s by mid-2024, with older mining rigs set to be decommissioned as economic viability diminishes. Additionally, there is a forecasted reduction in 2026 mining-related revenue, reflecting overall declining performance metrics that contribute to a negative outlook on the stock.
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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