What is the current Price Target for the BIT Mining Ltd - ADR stock?

The average BIT Mining Ltd - ADR target price is $13.80. This is 367.80% higher than the current stock price. 1 Analyst has issued a BIT Mining Ltd - ADR price target 2025.

How high will the BIT Mining Ltd - ADR stock rise?

No reliable answer can be given as to how high the BIT Mining Ltd - ADR stock will rise. The performance of stocks, including the BIT Mining Ltd - ADR stock, depends on a variety of factors, such as the general economic situation, the company's business results, investor expectations and global events.

What's going on with the BIT Mining Ltd - ADR stock today?

The performance of BIT Mining Ltd - ADR stock on any given day can be influenced by various factors, such as market conditions, industry trends, company news and global events.

Why did the BIT Mining Ltd - ADR stock fall?

The decline in BIT Mining Ltd - ADR stock may be due to a variety of factors, such as market conditions, industry trends, company news, macroeconomic events or changes in investor expectations. It is important to note that stock markets are inherently volatile and the performance of an individual stock on any given day is not necessarily indicative of its long-term performance.

What is a price target?

A price target is an estimate by an analyst or investment bank of where a company's stock price could be in a certain period of time, usually 12 months.

BIT Mining Ltd - ADR Forecast, price target & analysts

$2.95

0.34% yesterday

NYSE, Nov 15, 10:16 pm CET

ISIN

US0554741001

Symbol

BTCM

Reports

Quarter | Annual

Index

NYSE Composite

Sector

Software / Internet

Industry

Internet services

Overview Dividends Analysts Charts News Strategies

BIT Mining Ltd - ADR Target price 2024 - Analyst rating & recommendation

BIT Mining Ltd - ADR Classifications & Recommendation:

Sell

100%

BIT Mining Ltd - ADR Price Target

Target Price	$13.80
Price	$2.95
Potential	367.80% register free of charge
Number of Estimates	1

	1 Analyst has issued a BIT Mining Ltd - ADR price target 2025. The average BIT Mining Ltd - ADR target price is $13.80. This is 367.80% register free of charge higher than the current stock price.
	A rating was issued by 1 analysts: 0 Analysts recommend BIT Mining Ltd - ADR to buy, 0 to hold and 1 to sell.
	Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
	Analyst Estimates: Analysts believe that the BIT Mining Ltd - ADR stock has an average upside potential 2025 of 367.80% register free of charge . Most analysts recommend the BIT Mining Ltd - ADR stock at Sale.

Sales and Margin forecast 2024, 2025 & 2026

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Annually

	Dec '23	2024 Estimates
Revenue Million $	43.10	56.70
	93.37%	31.55%

1 Analyst has issued a sales forecast BIT Mining Ltd - ADR 2024 . The average BIT Mining Ltd - ADR sales estimate is

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. This is

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than the revenue of the last 12 months(TTM). The highest sales forecast is

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, the lowest is

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This results in the following potential growth metrics:

2023	$43.1m	93.37%
2024	$56.7m 31.55% Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Annually

	Dec '23	2024 Estimates
EV/Sales		0.43

Based on analysts' sales estimates for 2024, the BIT Mining Ltd - ADR stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of

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This results in the following potential growth metrics and future valuations:

Current	0.11	120.00%
2024	0.43 288.64% Unlock

Current	0.14	38.24%
2024	0.54 289.42% Unlock

BIT Mining Ltd - ADR...

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