$3.00
5.66% today
NYSE, Dec 30, 10:19 pm CET
ISIN
KYG1144A1058
Symbol
BTBT
Sector
Industry

Bit Digital Target price 2024 - Analyst rating & recommendation

Bit Digital Classifications & Recommendation:

Buy
100%

Bit Digital Price Target

Target Price $7.10
Price $3.00
Potential
Number of Estimates 5
5 Analysts have issued a price target Bit Digital 2025 . The average Bit Digital target price is $7.10. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 5 analysts: 5 Analysts recommend Bit Digital to buy, 0 to hold and 0 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 Digital stock has an average upside potential 2025 of . Most analysts recommend the Bit Digital stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 44.92 107.76
39.07% 139.89%
EBITDA Margin -27.40% 24.26%
20.90% 188.53%
Net Margin -54.68% -9.97%
91.41% 81.77%

5 Analysts have issued a sales forecast Bit Digital 2024 . The average Bit Digital sales estimate is

$108m
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. This is
9.96% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$112m 14.29%
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, the lowest is
$104m 5.61%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $44.9m 39.07%
2024
$108m 139.89%
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2025
$182m 68.45%
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2026
$291m 60.45%
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2027
$319m 9.42%
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4 Analysts have issued an Bit Digital EBITDA forecast 2024. The average Bit Digital EBITDA estimate is

$26.1m
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. This is
365.14% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$38.8m 589.76%
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, the lowest is
$-8.7m 254.80%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-12.3m 10.01%
2024
$26.1m 312.36%
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2025
$88.9m 239.89%
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2026
$147m 65.56%
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2027
$163m 10.81%
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EBITDA Margin

2023 -27.40% 20.90%
2024
24.26% 188.53%
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2025
48.95% 101.77%
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2026
50.51% 3.19%
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2027
51.15% 1.27%
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1 Analyst has issued a net profit forecast Bit Digital 2024 . The average Bit Digital net profit estimate is

$-10.8m
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. This is
216.71% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-10.8m 216.71%
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, the lowest is
$-10.8m 216.71%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-24.6m 88.06%
2024
$-10.8m 56.23%
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2025
$49.1m 556.93%
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2026
$56.8m 15.64%
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2027
$62.9m 10.81%
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Net Margin

2023 -54.68% 91.41%
2024
-9.97% 81.77%
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2025
27.06% 371.41%
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2026
19.50% 27.94%
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2027
19.75% 1.28%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Dec '23 2024
Estimates
Earnings Per Share $ -0.16 -0.07
88.06% 56.25%
P/E negative
EV/Sales 2.65

1 Analysts have issued a Bit Digital forecast for earnings per share. The average Bit Digital <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-0.07
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. This is
216.67% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-0.07 216.67%
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, the lowest is
$-0.07 216.67%
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.

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

Earnings Per Share

2023 $-0.16 88.06%
2024
$-0.07 56.25%
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2025
$0.32 557.14%
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2026
$0.37 15.63%
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2027
$0.41 10.81%
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P/E ratio

Current 51.46 1,402.78%
2024
-45.43 188.28%
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2025
9.94 121.88%
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2026
8.59 13.58%
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2027
7.76 9.66%
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Based on analysts' sales estimates for 2024, the Bit Digital stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

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

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

EV/Sales

Current 2.91 65.56%
2024
2.65 9.01%
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2025
1.57 40.63%
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2026
0.98 37.67%
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2027
0.90 8.61%
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P/S ratio

Current 4.98 48.61%
2024
4.53 9.06%
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2025
2.69 40.63%
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2026
1.68 37.68%
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2027
1.53 8.62%
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