Stronghold Digital Mining (SDIG) Stock Forecast, Price Target & Predictions
SDIG Stock Forecast
Stronghold Digital Mining stock forecast is as follows: an average price target of $6.25 (represents a 35.57% upside from SDIG’s last price of $4.61) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
SDIG Price Target
The average price target for Stronghold Digital Mining (SDIG) is $6.25 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $8.50 to $4.00. This represents a potential 35.57% upside from SDIG's last price of $4.61.
SDIG Analyst Ratings
According to 5 Wall Street analysts, Stronghold Digital Mining's rating consensus is 'Hold'. The analyst rating breakdown for SDIG stock is 0 'Strong Buy' (0.00%), 2 'Buy' (40.00%), 3 'Hold' (60.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Stronghold Digital Mining Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 15, 2024 | Kevin Dede | H.C. Wainwright | $4.00 | $2.74 | 46.04% | -13.23% |
| Apr 10, 2024 | Joe Flynn | Compass Point | $8.50 | $3.60 | 136.11% | 84.38% |
The latest Stronghold Digital Mining stock forecast, released on Aug 15, 2024 by Kevin Dede from H.C. Wainwright, set a price target of $4.00, which represents a 46.04% increase from the stock price at the time of the forecast ($2.74), and a -13.23% decrease from SDIG last price ($4.61).
Stronghold Digital Mining Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $4.00 | $6.25 |
| Last Closing Price | $4.61 | $4.61 | $4.61 |
| Upside/Downside | -100.00% | -13.23% | 35.57% |
In the current month, the average price target of Stronghold Digital Mining stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Stronghold Digital Mining's last price of $4.61. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 26, 2024 | B. Riley | Neutral | Neutral | Hold |
| Aug 22, 2024 | H.C. Wainwright | Buy | Neutral | Downgrade |
| Aug 15, 2024 | H.C. Wainwright | Buy | Buy | Hold |
| Feb 08, 2023 | Compass Point | - | Buy | Upgrade |
| Aug 17, 2022 | Cowen & Co. | - | Market Perform | Downgrade |
| Aug 17, 2022 | B. Riley Securities | Buy | Buy | Hold |
| Jun 23, 2022 | B. Riley Securities | Buy | Buy | Hold |
Stronghold Digital Mining's last stock rating was published by B. Riley on Aug 26, 2024. The company gave SDIG a "Neutral" rating, the same as its previous rate.
Stronghold Digital Mining Financial Forecast
Stronghold Digital Mining Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $21.74B | - | $18.23B | $17.27M | $23.41M | $24.75M | $29.18M | $28.70M | $24.90M | $6.02M |
| Avg Forecast | $23.84M | $23.79M | $23.59M | $24.14M | $16.60M | $16.15M | $22.70M | $28.58M | $22.22M | $20.33M | $19.91M | $18.14M | $19.96M | $24.64M | $30.33M | $26.18M | $21.88M | $5.12M |
| High Forecast | $29.72M | $29.66M | $29.41M | $30.09M | $20.69M | $18.10M | $28.30M | $35.63M | $24.15M | $25.34M | $24.82M | $22.62M | $24.89M | $30.72M | $37.82M | $32.64M | $27.28M | $6.38M |
| Low Forecast | $17.96M | $17.92M | $17.77M | $18.18M | $12.51M | $14.20M | $17.10M | $21.53M | $20.29M | $15.31M | $15.00M | $13.67M | $15.04M | $18.56M | $22.85M | $19.72M | $16.48M | $3.85M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 978.57% | - | 915.96% | 0.95% | 1.17% | 1.00% | 0.96% | 1.10% | 1.14% | 1.18% |
Stronghold Digital Mining's average Quarter revenue forecast for Mar 24 based on 1 analysts is $28.58M, with a low forecast of $21.53M, and a high forecast of $35.63M. SDIG's average Quarter revenue forecast represents a -99.87% decrease compared to the company's last Quarter revenue of $21.74B (Dec 23).
Stronghold Digital Mining EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $-3.15B | - | $-6.94B | $-7.04M | $-90.19K | $-15.76M | $-7.89M | $-2.56M | $2.72M | $1.67M |
| Avg Forecast | $-6.48M | $-6.46M | $-6.41M | $-6.56M | $-4.51M | $-4.39M | $-6.17M | $-7.77M | $-6.04M | $-5.52M | $-5.41M | $-4.93M | $-5.42M | $-6.70M | $-8.24M | $-7.11M | $-5.95M | $-1.39M |
| High Forecast | $-4.88M | $-4.87M | $-4.83M | $-4.94M | $-3.40M | $-3.86M | $-4.65M | $-5.85M | $-5.51M | $-4.16M | $-4.07M | $-3.71M | $-4.09M | $-5.04M | $-6.21M | $-5.36M | $-4.48M | $-1.05M |
| Low Forecast | $-8.07M | $-8.06M | $-7.99M | $-8.18M | $-5.62M | $-4.92M | $-7.69M | $-9.68M | $-6.56M | $-6.89M | $-6.74M | $-6.15M | $-6.76M | $-8.35M | $-10.28M | $-8.87M | $-7.41M | $-1.73M |
| Surprise % | - | - | - | - | - | - | - | - | 521.11% | - | 1283.87% | 1.43% | 0.02% | 2.35% | 0.96% | 0.36% | -0.46% | -1.20% |
0 analysts predict SDIG's average Quarter EBITDA for Mar 22 to be $-7.11M, with a high of $-5.36M and a low of $-8.87M. This is -361.16% lower than Stronghold Digital Mining's previous annual EBITDA (Dec 21) of $2.72M.
Stronghold Digital Mining Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $-8.34B | $-62.97M | $-35.72M | $-79.61M | $-50.62M | $-30.81M | $3.88M | $-1.95M |
| Avg Forecast | $-574.79K | $-1.44M | $-1.29M | $-862.19K | $-7.90M | $-8.91M | $-6.32M | $-3.21M | $-14.03M | $-8.05M | $-20.93M | $-22.03M | $-64.57M | $-48.91M | $-27.09M | $-10.88M | $287.40K | $-58.99M |
| High Forecast | $-390.46K | $-976.15K | $-878.54K | $-585.69K | $-5.37M | $-7.33M | $-4.30M | $-2.18M | $-10.24M | $-5.47M | $-14.22M | $-14.97M | $-43.87M | $-33.22M | $-18.40M | $-7.39M | $379.56K | $-47.20M |
| Low Forecast | $-759.12K | $-1.90M | $-1.71M | $-1.14M | $-10.44M | $-10.49M | $-8.35M | $-4.24M | $-17.83M | $-10.63M | $-27.64M | $-29.10M | $-85.28M | $-64.59M | $-35.77M | $-14.37M | $195.23K | $-70.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 398.25% | 2.86% | 0.55% | 1.63% | 1.87% | 2.83% | 13.50% | 0.03% |
Stronghold Digital Mining's average Quarter net income forecast for Mar 22 is $-10.88M, with a range of $-14.37M to $-7.39M. SDIG's average Quarter net income forecast represents a -380.47% decrease compared to the company's last Quarter net income of $3.88M (Dec 21).
Stronghold Digital Mining SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $6.28B | - | $10.08B | $8.47M | $11.61M | $11.33M | $10.90M | $11.42M | $11.49M | $3.47M |
| Avg Forecast | $10.26M | $10.24M | $10.15M | $10.39M | $7.14M | $6.95M | $9.77M | $12.30M | $9.56M | $8.75M | $8.57M | $7.81M | $8.59M | $10.60M | $13.05M | $11.26M | $9.41M | $2.20M |
| High Forecast | $12.79M | $12.76M | $12.66M | $12.95M | $8.90M | $7.79M | $12.18M | $15.33M | $10.39M | $10.91M | $10.68M | $9.73M | $10.71M | $13.22M | $16.27M | $14.04M | $11.74M | $2.74M |
| Low Forecast | $7.73M | $7.71M | $7.65M | $7.82M | $5.38M | $6.11M | $7.36M | $9.26M | $8.73M | $6.59M | $6.45M | $5.88M | $6.47M | $7.99M | $9.83M | $8.49M | $7.09M | $1.66M |
| Surprise % | - | - | - | - | - | - | - | - | 657.47% | - | 1176.52% | 1.08% | 1.35% | 1.07% | 0.84% | 1.01% | 1.22% | 1.58% |
Stronghold Digital Mining's average Quarter SG&A projection for Mar 24 is $12.30M, based on 1 Wall Street analysts, with a range of $9.26M to $15.33M. The forecast indicates a -99.80% fall compared to SDIG last annual SG&A of $6.28B (Dec 23).
Stronghold Digital Mining EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | $-1.35 | $-14.39 | $-0.94 | $-3.23 | $-2.49 | $-1.52 | $0.24 | $-0.11 |
| Avg Forecast | $-0.04 | $-0.10 | $-0.09 | $-0.06 | $-0.55 | $-0.62 | $-0.44 | $-0.22 | $-0.98 | $-0.56 | $-1.46 | $-1.53 | $-4.49 | $-3.40 | $-1.89 | $-0.76 | $0.02 | $-1.60 |
| High Forecast | $-0.03 | $-0.07 | $-0.06 | $-0.04 | $-0.37 | $-0.51 | $-0.30 | $-0.15 | $-0.71 | $-0.38 | $-0.99 | $-1.04 | $-3.05 | $-2.31 | $-1.28 | $-0.51 | $0.03 | $-1.09 |
| Low Forecast | $-0.05 | $-0.13 | $-0.12 | $-0.08 | $-0.73 | $-0.73 | $-0.58 | $-0.29 | $-1.24 | $-0.74 | $-1.92 | $-2.03 | $-5.93 | $-4.49 | $-2.49 | $-1.00 | $0.01 | $-2.11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.93% | 9.38% | 0.21% | 0.95% | 1.32% | 2.01% | 12.00% | 0.07% |
According to 0 Wall Street analysts, Stronghold Digital Mining's projected average Quarter EPS for Mar 22 is $-0.76, with a low estimate of $-1.00 and a high estimate of $-0.51. This represents a -415.47% decrease compared to SDIG previous annual EPS of $0.24 (Dec 21).
Stronghold Digital Mining Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CLSK | CleanSpark | $9.38 | $25.33 | 170.04% | Buy |
| CIFR | Cipher Mining | $3.09 | $7.90 | 155.66% | Buy |
| ARBK | Argo Blockchain | $1.17 | $2.88 | 146.15% | Hold |
| BITF | Bitfarms | $2.04 | $4.26 | 108.82% | Buy |
| IREN | Iris Energy | $7.56 | $13.36 | 76.72% | Buy |
| WULF | TeraWulf | $4.24 | $6.08 | 43.40% | Buy |
| SDIG | Stronghold Digital Mining | $4.61 | $6.25 | 35.57% | Hold |
SDIG Forecast FAQ
Is Stronghold Digital Mining a good buy?
No, according to 5 Wall Street analysts, Stronghold Digital Mining (SDIG) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 40.00% of SDIG's total ratings.
What is SDIG's price target?
Stronghold Digital Mining (SDIG) average price target is $6.25 with a range of $4 to $8.5, implying a 35.57% from its last price of $4.61. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Stronghold Digital Mining stock go up soon?
According to Wall Street analysts' prediction for SDIG stock, the company can go up by 35.57% (from the last price of $4.61 to the average price target of $6.25), up by 84.38% based on the highest stock price target, and down by -13.23% based on the lowest stock price target.
Can Stronghold Digital Mining stock reach $7?
SDIG's highest twelve months analyst stock price target of $8.5 supports the claim that Stronghold Digital Mining can reach $7 in the near future.
What are Stronghold Digital Mining's analysts' financial forecasts?
Stronghold Digital Mining's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $84.03M (high $102.72M, low $65.33M), average EBITDA is $-22.832M (high $-17.752M, low $-27.912M), average net income is $-26.345M (high $-19.173M, low $-33.517M), average SG&A $36.16M (high $44.2M, low $28.11M), and average EPS is $-1.833 (high $-1.334, low $-2.332). SDIG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $95.36M (high $118.88M, low $71.83M), average EBITDA is $-25.911M (high $-19.519M, low $-32.303M), average net income is $-4.167M (high $-2.831M, low $-5.504M), average SG&A $41.03M (high $51.15M, low $30.91M), and average EPS is $-0.29 (high $-0.197, low $-0.383).
Did the SDIG's actual financial results beat the analysts' financial forecasts?
Based on Stronghold Digital Mining's last annual report (Dec 2023), the company's revenue was $74.97B, beating the average analysts forecast of $80.59M by 92918.47%. Apple's EBITDA was $-27.021B, beating the average prediction of $-21.899M by 123290.68%. The company's net income was $0, missing the average estimation of $-65.047M by -100.00%. Apple's SG&A was $31.43B, beating the average forecast of $34.68M by 90533.50%. Lastly, the company's EPS was $0, missing the average prediction of $-4.527 by -100.00%. In terms of the last quarterly report (Dec 2023), Stronghold Digital Mining's revenue was $21.74B, beating the average analysts' forecast of $22.22M by 97757.01%. The company's EBITDA was $-3.146B, beating the average prediction of $-6.036M by 52010.58%. Stronghold Digital Mining's net income was $0, missing the average estimation of $-14.035M by -100.00%. The company's SG&A was $6.28B, beating the average forecast of $9.56M by 65647.01%. Lastly, the company's EPS was $0, missing the average prediction of $-0.977 by -100.00%