BIT DIGITAL INC (BTBT) Stock Price, Forecast & Analysis
USA - NASDAQ:BTBT - KYG1144A1058 - Common Stock
BTBT Key Statistics, Chart & Performance
The current stock price of BTBT is 3.42 USD. In the past month the price decreased by -9.52%. In the past year, price decreased by -20.28%.
BTBT Latest News, Press Relases and Analysis
BTBT Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| PLTR | PALANTIR TECHNOLOGIES INC-A | 390.91 | 491.29B | ||
| SAP | SAP SE-SPONSORED ADR | 38.42 | 306.27B | ||
| CRM | SALESFORCE INC | 24.47 | 248.80B | ||
| APP | APPLOVIN CORP-CLASS A | 83.29 | 213.82B | ||
| INTU | INTUIT INC | 33.44 | 188.53B | ||
| ADBE | ADOBE INC | 16.66 | 141.26B | ||
| CDNS | CADENCE DESIGN SYS INC | 47.71 | 91.40B | ||
| SNPS | SYNOPSYS INC | 33.04 | 82.79B | ||
| MSTR | STRATEGY INC | 5.98 | 75.99B | ||
| ADSK | AUTODESK INC | 32.41 | 64.68B | ||
| WDAY | WORKDAY INC-CLASS A | 28.81 | 63.46B | ||
| DDOG | DATADOG INC - CLASS A | 86.67 | 56.53B |
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About BTBT
Company Profile
Bit Digital, Inc. provides cloud services for customers such as artificial intelligence (“AI”) and machine learning (“ML”) developers. The company is headquartered in New York City, New York and currently employs 54 full-time employees. The company went IPO on 2018-03-20. The firm is a provider of HPC data centers and cloud-based HPC graphics processing units (GPU) services, which term cloud services, for customers such as artificial intelligence (AI) and machine learning (ML) developers. The firm designs, develops, and operates HPC data centers, through which it offers hosting and colocation services. The firm has four reportable segments: Digital asset mining, Cloud services, Colocation services, and ETH Staking. The Digital asset mining segment is engaged in bitcoin and mining activities. The Cloud services segment provides HPC services to support generative AI workstreams. The Colocation services segment provide customers with physical space, power and cooling within the data center facility. The ETH staking segment is engaged in both native staking and liquid staking.
Company Info
BIT DIGITAL INC
31 Hudson Yards, Floor 11
New York City NEW YORK 10003 US
CEO: Erke Huang
Employees: 54
Phone: 12124635121
BIT DIGITAL INC / BTBT FAQ
What does BTBT do?
Bit Digital, Inc. provides cloud services for customers such as artificial intelligence (“AI”) and machine learning (“ML”) developers. The company is headquartered in New York City, New York and currently employs 54 full-time employees. The company went IPO on 2018-03-20. The firm is a provider of HPC data centers and cloud-based HPC graphics processing units (GPU) services, which term cloud services, for customers such as artificial intelligence (AI) and machine learning (ML) developers. The firm designs, develops, and operates HPC data centers, through which it offers hosting and colocation services. The firm has four reportable segments: Digital asset mining, Cloud services, Colocation services, and ETH Staking. The Digital asset mining segment is engaged in bitcoin and mining activities. The Cloud services segment provides HPC services to support generative AI workstreams. The Colocation services segment provide customers with physical space, power and cooling within the data center facility. The ETH staking segment is engaged in both native staking and liquid staking.
Can you provide the latest stock price for BIT DIGITAL INC?
The current stock price of BTBT is 3.42 USD. The price decreased by -6.56% in the last trading session.
Does BTBT stock pay dividends?
BTBT does not pay a dividend.
What is the ChartMill rating of BIT DIGITAL INC stock?
BTBT has a ChartMill Technical rating of 5 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
How is the market expecting BTBT stock to perform?
11 analysts have analysed BTBT and the average price target is 5.95 USD. This implies a price increase of 73.98% is expected in the next year compared to the current price of 3.42.
Is BIT DIGITAL INC (BTBT) expected to grow?
The Revenue of BIT DIGITAL INC (BTBT) is expected to grow by 10.67% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
What is the Short Interest ratio of BIT DIGITAL INC (BTBT) stock?
The outstanding short interest for BIT DIGITAL INC (BTBT) is 17.14% of its float.
BTBT Technical Analysis
ChartMill assigns a technical rating of 5 / 10 to BTBT. When comparing the yearly performance of all stocks, BTBT is a bad performer in the overall market: 67.81% of all stocks are doing better.
BTBT Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to BTBT. While BTBT has a great health rating, there are worries on its profitability.
BTBT Financial Highlights
Over the last trailing twelve months BTBT reported a non-GAAP Earnings per Share(EPS) of -0.31. The EPS decreased by -93.75% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -7.28% | ||
| ROE | -8.32% | ||
| Debt/Equity | 0 |
BTBT Forecast & Estimates
11 analysts have analysed BTBT and the average price target is 5.95 USD. This implies a price increase of 73.98% is expected in the next year compared to the current price of 3.42.
For the next year, analysts expect an EPS growth of -74.25% and a revenue growth 10.67% for BTBT