$3.93
7.65% today
NYSE, Nov 26, 04:53 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 $6.72
Price $4.25
Potential
Number of Estimates 6
6 Analysts have issued a price target Bit Digital 2025 . The average Bit Digital target price is $6.72. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 6 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 $ 44.92 111.81
39.07% 148.91%
EBITDA Margin -27.40% 33.07%
20.90% 220.67%
Net Margin -54.68% 21.28%
91.41% 138.92%

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

$112m
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. This is
14.09% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$132m 34.73%
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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
$112m 148.91%
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2025
$183m 64.01%
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2026
$291m 58.43%
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2027
$319m 9.69%
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5 Analysts have issued an Bit Digital EBITDA forecast 2024. The average Bit Digital EBITDA estimate is

$37.0m
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. This is
557.90% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$80.2m 1,326.33%
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, the lowest is
$-8.7m 254.00%
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.

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

EBITDA Estimates

2023 $-12.3m 10.01%
2024
$37.0m 400.36%
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2025
$88.6m 139.58%
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2026
$146m 65.33%
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2027
$163m 11.30%
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EBITDA Margin

2023 -27.40% 20.90%
2024
33.07% 220.67%
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2025
48.30% 46.05%
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2026
50.40% 4.35%
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2027
51.15% 1.49%
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2 Bit Digital Analysts have issued a net profit forecast 2024. The average Bit Digital net profit estimate is

$23.8m
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. This is
158.29% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$58.3m 533.29%
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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
$23.8m 196.86%
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2025
$48.4m 103.28%
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2026
$56.8m 17.45%
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2027
$62.9m 10.81%
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Net Margin

2023 -54.68% 91.41%
2024
21.28% 138.92%
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2025
26.37% 23.92%
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2026
19.55% 25.86%
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2027
19.75% 1.02%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -0.16 0.16
88.06% 200.00%
P/E 27.42
EV/Sales 4.02

2 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

$0.16
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. This is
166.67% higher
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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
$0.38 533.33%
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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
$0.16 200.00%
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2025
$0.32 100.00%
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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 68.77 3,013.98%
2024
27.42 60.13%
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2025
13.49 50.80%
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2026
11.49 14.83%
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2027
10.37 9.75%
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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 4.59 0.88%
2024
4.02 12.40%
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2025
2.45 39.03%
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2026
1.55 36.88%
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2027
1.41 8.83%
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P/S ratio

Current 6.66 14.95%
2024
5.83 12.35%
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2025
3.56 39.03%
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2026
2.25 36.88%
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2027
2.05 8.83%
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