HC Wainwright & Co. Maintains Buy on Bit Digital, Lowers Price Target to $3.5
HC Wainwright & Co. analyst Mike Colonnese maintains Bit Digital (NASDAQ:BTBT) with a Buy and lowers the price target from $4 to $3.5.
Last updated: 2026-11-13 19:18:20. Prices reflect the latest regular market data. Stock price data is sourced from Massive.
Bit Digital, Inc. (BTBT) operates in the FINANCE SERVICES sector and is listed on NASDAQ. The stock is currently priced at $0.68, with a market capitalization of $276.73M and a P/E ratio of --. Over the past 52 weeks, its price has ranged from $0.67 to $2.79. This page covers its latest market performance, valuation, price trends and company information.
$276.73M | |
$0.77 | |
$0.79 | |
$0.67 | |
$0.77 | |
13.07M | |
27.03M | |
-- | |
$2.79 | |
$0.67 | |
0.29% | |
-- |
Bit Digital, Inc. (BTBT) is currently trading at $0.68 as of 2026-11-13 19:17:00, down 10.69% ($0.08) from the previous close of $0.77
During today's regular trading session, BTBT has traded between $0.67 and $0.79, with a trading volume of 13.07M shares. The current price is near the lower end of today's range.
BTBT is up 0.74% during regular trading hours.
Over the past seven days, Bit Digital, Inc. (BTBT) moved from $0.71 to $0.68, representing a decline of 3.26% ($0.02).
The stock traded between $0.67 and $0.84 during the period. The latest price is near the lower end of the 7-day range, indicating moderate downward.
The average daily volume was 18.43 million shares, down versus the previous seven-day period, indicating lower trading activity.
Position in Range: 0.8%
BTBT is currently trading at $0.68, placing it 0.8% of the way from its 52-week low of $0.67 to its 52-week high of $2.79. This percentage reflects the stock's relative position within its 52-week trading range, not its valuation or future performance.
Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. The Company has four reportable segments: digital asset mining, cloud services, colocation services, and ETH Staking. It generates majority of its revenue from digital asset mining.
| Industry | FINANCE SERVICES |
| Employees | 104 |
| Exchange | NASDAQ |
| Company Website |
Latest news related to Bit Digital, Inc. and BTBT stock.
HC Wainwright & Co. analyst Mike Colonnese maintains Bit Digital (NASDAQ:BTBT) with a Buy and lowers the price target from $4 to $3.5.
Bit Digital (NASDAQ:BTBT) reported third-quarter financial results on Thursday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga APIs.
Bit Digital reported Q3 2026 revenue of $27.07 million, down 11.1% year-over-year and missing the consensus estimate of $34.52 million by 21.6%. However, the company delivered a positive EPS surprise of +220%, reporting $0.06 per share versus the estimated -$0.05. Multiple revenue segments underperformed analyst expectations, including colocation services and ETH staking, while the stock has declined 26.1% over the past month.
Bit Digital (BTBT) reported quarterly earnings of $0.06 per share, beating consensus estimates of a loss of $0.05 per share, but missed revenue expectations with $27.07 million versus the estimated amount. The stock has underperformed significantly, down 58% year-to-date compared to the S&P 500's 11.3% gain. The company received a Zacks Rank #3 (Hold) rating with mixed estimate revisions.
Bit Digital (NASDAQ:BTBT) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $(0.04) by 300 percent. This is a 260 percent increase over losses of $(0.05) per share from the same
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Estimate the value between BTBT shares and USD.
BTBT Shares to USD
1.00 BTBT shares = 0.683 USD
Calculations are estimates based on the latest available price and are for reference only.