BTBT trades 88.2% below Wall Street's consensus target of $3.50.
Last 12 months price action with 12-month analyst target path
The base valuation assumes BTBT achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 2 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 23, 2026, Bit Digital, Inc. (BTBT) has a Wall Street consensus price target of $3.50, based on estimates from 2 covering analysts. With the stock currently trading at $1.86, this represents a potential upside of +88.2%. The company has a market capitalization of $651M.
Analyst price targets range from a low of $3.50 to a high of $3.50, representing a 0% spread in expectations. The median target of $3.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 2 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, BTBT trades at a trailing P/E of -6.0x. Analysts expect EPS to grow +15.7% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 MARAMarathon Digital Holdings, Inc. | $5.2B | $13.63 | $13.25 | -2.8% | Buy | — | 20 |
 RIOTRiot Platforms, Inc. | $9.4B | $24.93 | $31.64 | +26.9% | Buy | — | 19 |
 CLSKCleanSpark, Inc. | $3.9B | $15.14 | $22.00 | +45.3% | Buy | — | 11 |
 CIFRCipher Mining Inc. | $7.8B | $19.09 | $31.89 | +67.1% | Buy | — | 14 |
 HUTHut 8 Corp. | $12.0B | $106.61 | $168.00 | +57.6% | Buy | — | 16 |
 BITFBitfarms Ltd. | $2.0B | $3.38 | $4.84 | +43.2% | Buy | — | 4 |
 CORZCore Scientific, Inc. | $6.0B | $18.79 | $34.73 | +84.8% | Buy | — | 22 |
 IRENIREN Limited | $17.3B | $48.55 | $85.10 | +75.3% | Buy | — | 15 |
 WULFTeraWulf Inc. | $8.6B | $17.33 | $37.73 | +117.7% | Buy | — | 14 |
 BTDRBitdeer Technologies Group | $3.1B | $13.10 | $19.60 | +49.6% | Buy | — | 11 |
Quick answers to the most common questions about buying BTBT stock.
The consensus Wall Street price target for BTBT is $3.5, representing 88.2% upside from the current price of $1.86. With 2 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
BTBT has a consensus rating of "Buy" based on 2 Wall Street analysts. The rating breakdown is predominantly bullish, with 2 Buy/Strong Buy ratings. The consensus 12-month price target of $3.5 implies 88.2% upside from current levels.
BTBT's current price is $1.86 with a consensus target of $3.5 (88.2% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $3.5 for BTBT, while the most conservative target is $3.5. The consensus of $3.5 represents the median expectation. These targets typically reflect 12-month expectations.
BTBT is lightly followed, with 2 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month BTBT stock forecast based on 2 Wall Street analysts shows a consensus price target of $3.5, with estimates ranging from $3.5 (bear case) to $3.5 (bull case). The median consensus rating is "Buy".
Wall Street analysts are very optimistic on BTBT, with a "Buy" consensus rating and $3.5 price target (88.2% upside). 2 of 2 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
BTBT analyst price targets range from $3.5 to $3.5, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $3.5 consensus represents the middle ground.
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