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 21.12% upside from SDIG’s last price of $5.16) 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 21.12% upside from SDIG's last price of $5.16.
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% | -22.48% |
| Apr 10, 2024 | Joe Flynn | Compass Point | $8.50 | $3.60 | 136.11% | 64.73% |
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 -22.48% decrease from SDIG last price ($5.16).
Stronghold Digital Mining Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $4.00 | $6.25 |
| Last Closing Price | $5.16 | $5.16 | $5.16 |
| Upside/Downside | -100.00% | -22.48% | 21.12% |
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 $5.16. 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 | $27.57M | $27.52M | $27.29M | $27.92M | $19.20M | $18.10M | $26.26M | $33.05M | $24.15M | $20.33M | $23.02M | $20.98M | $23.09M | $24.64M | $30.33M | $26.18M | $21.88M | $5.12M |
| Low Forecast | $20.10M | $20.06M | $19.90M | $20.36M | $14.00M | $14.20M | $19.14M | $24.10M | $20.29M | $20.33M | $16.79M | $15.30M | $16.84M | $24.64M | $30.33M | $26.18M | $21.88M | $5.12M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 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 $24.10M, and a high forecast of $33.05M. 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 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 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 | $-10.47M | $-10.45M | $-10.36M | $-10.60M | $-7.29M | $-7.09M | $-9.97M | $-12.55M | $-9.76M | $-8.93M | $-8.74M | $-7.97M | $-8.77M | $-6.70M | $-8.24M | $-7.11M | $-5.95M | $-1.39M |
| High Forecast | $-8.83M | $-8.81M | $-8.74M | $-8.94M | $-6.15M | $-6.24M | $-8.41M | $-10.58M | $-8.91M | $-8.93M | $-7.37M | $-6.72M | $-7.39M | $-6.70M | $-8.24M | $-7.11M | $-5.95M | $-1.39M |
| Low Forecast | $-12.11M | $-12.08M | $-11.98M | $-12.26M | $-8.43M | $-7.95M | $-11.53M | $-14.52M | $-10.60M | $-8.93M | $-10.11M | $-9.22M | $-10.14M | $-6.70M | $-8.24M | $-7.11M | $-5.95M | $-1.39M |
| Surprise % | - | - | - | - | - | - | - | - | 322.42% | - | 794.36% | 0.88% | 0.01% | 2.35% | 0.96% | 0.36% | -0.46% | -1.20% |
1 analysts predict SDIG's average Quarter EBITDA for Mar 22 to be $-7.11M, with a high of $-7.11M and a low of $-7.11M. 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 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 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 | $-583.80K | $-1.46M | $-1.31M | $-875.70K | $-8.03M | $-9.05M | $-6.42M | $-3.26M | $-14.25M | $-8.17M | $-21.26M | $-22.38M | $-65.59M | $-48.91M | $-27.09M | $-10.88M | $287.40K | $-58.99M |
| High Forecast | $-464.93K | $-1.16M | $-1.05M | $-697.39K | $-7.88M | $-7.44M | $-5.11M | $-2.60M | $-10.40M | $-6.51M | $-16.93M | $-17.82M | $-52.23M | $-48.91M | $-27.09M | $-10.88M | $287.40K | $-47.20M |
| Low Forecast | $-702.67K | $-1.76M | $-1.58M | $-1.05M | $-8.17M | $-10.65M | $-7.73M | $-3.92M | $-18.11M | $-9.84M | $-25.59M | $-26.94M | $-78.94M | $-48.91M | $-27.09M | $-10.88M | $287.40K | $-70.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 392.11% | 2.81% | 0.54% | 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 $-10.88M to $-10.88M. 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 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 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 | $11.86M | $11.84M | $11.74M | $12.01M | $8.26M | $7.79M | $11.30M | $14.22M | $10.39M | $8.75M | $9.91M | $9.03M | $9.93M | $10.60M | $13.05M | $11.26M | $9.41M | $2.20M |
| Low Forecast | $8.65M | $8.63M | $8.56M | $8.76M | $6.02M | $6.11M | $8.24M | $10.37M | $8.73M | $8.75M | $7.22M | $6.58M | $7.24M | $10.60M | $13.05M | $11.26M | $9.41M | $2.20M |
| 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 $10.37M to $14.22M. 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 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 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 | $-0.08 | $-0.07 | $-0.05 | $-0.54 | $-0.51 | $-0.35 | $-0.18 | $-0.71 | $-0.45 | $-1.16 | $-1.22 | $-3.58 | $-3.40 | $-1.89 | $-0.76 | $0.02 | $-1.60 |
| Low Forecast | $-0.05 | $-0.12 | $-0.11 | $-0.07 | $-0.56 | $-0.73 | $-0.53 | $-0.27 | $-1.24 | $-0.67 | $-1.75 | $-1.85 | $-5.41 | $-3.40 | $-1.89 | $-0.76 | $0.02 | $-1.60 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.93% | 9.38% | 0.21% | 0.95% | 1.32% | 2.01% | 12.00% | 0.07% |
According to 1 Wall Street analysts, Stronghold Digital Mining's projected average Quarter EPS for Mar 22 is $-0.76, with a low estimate of $-0.76 and a high estimate of $-0.76. 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 |
|---|---|---|---|---|---|
| ARBK | Argo Blockchain | $1.20 | $2.88 | 140.00% | Hold |
| BITF | Bitfarms | $2.11 | $4.26 | 101.90% | Buy |
| CLSK | CleanSpark | $13.98 | $25.33 | 81.19% | Buy |
| IREN | Iris Energy | $10.33 | $13.44 | 30.11% | Buy |
| CIFR | Cipher Mining | $6.42 | $7.79 | 21.34% | Buy |
| SDIG | Stronghold Digital Mining | $5.16 | $6.25 | 21.12% | Hold |
| WULF | TeraWulf | $6.95 | $7.08 | 1.87% | Buy |