Bit Digital - Price Forecast & Ratings

What is the target price for Bit Digital?

On November 20, an AI target price of Premium - Sign up was allocated to Bit Digital (BTBT). This projected target price was predicated on several factors, including a month over month spike in Twitter followers, improved financials, and year over year increase in revenue.

Is BTBT a Buy, Sell or Hold?

Based on Alternative Data, Bit Digital is a buy.

Should I buy BTBT stock?

Based on the data provided, it's advisable to consider buying Bit Digital (BTBT) stock. The observed positive trends all contribute to a buy signal. However, this information should not be considered financial advice. Like any investment choice, it's important to conduct comprehensive research, not only utilizing alternative data, but also considering the company's financials, industry trends, and recent news developments.

What Is the BTBT Stock Forecast for 2025?

With an AI score of 63, the BTBT stock forecast indicates a positive outlook.

What is the BTBT price prediction for 2025?

To predict the price for BTBT in 2025, we can extrapolate the AI price target. This approach projects BTBT's price to reach $4.16.

What is the BTBT price prediction for 2030?

To predict the price for BTBT in 2030, we can again extrapolate the AI price target. This approach projects BTBT's price to reach $8.46.

How do we predict the price for BTBT?

When predicting the price for BTBT, our approach incorporates multiple scores assessing different aspects of the company. The Brand score measures growth and engagement across social media channels, indicating audience reach. The Employee score evaluates workforce health, considering job postings, business outlook, and employee ratings. The Customer score examines engagement on websites, app downloads, and sentiment in stock forums. Lastly, the Fundamental score analyzes financial statements and analyst ratings. By evaluating this data, we gain a holistic view of the company's performance, enabling more informed price predictions.

Will BTBT go up tomorrow?

Based on technical analysis of how the price has moved over the last 6 months, the likelihood of the price going up tomorrow is 40%.
Note that this is a simplistic analysis and should be used with caution, as prices are influenced by a myriad of factors.