Stronghold Digital Mining (SDIG) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

SDIG Stock Forecast

Stronghold Digital Mining stock forecast is as follows: an average price target of $4.00 (represents a 2.04% upside from SDIG’s last price of $3.92) 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 $4.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $4.00. This represents a potential 2.04% upside from SDIG's last price of $3.92.

SDIG Analyst Ratings

Hold

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%	2.04%
Apr 10, 2024	Joe Flynn	Compass Point	$8.50	$3.60	136.11%	116.84%

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 2.04% increase from SDIG last price ($3.92).

Stronghold Digital Mining Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$6.25
Last Closing Price	$3.92	$3.92	$3.92
Upside/Downside	-100.00%	-100.00%	59.44%

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 $3.92. This month's average price target is down NaN% 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	$16.20M	$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	$23.84M	$23.79M	$23.59M	$24.14M	$17.38M	$16.15M	$22.70M	$28.58M	$24.15M	$20.33M	$19.91M	$18.14M	$19.96M	$24.64M	$30.33M	$26.18M	$21.88M	$5.12M
Low Forecast	$23.84M	$23.79M	$23.59M	$24.14M	$15.02M	$16.15M	$22.70M	$28.58M	$20.29M	$20.33M	$19.91M	$18.14M	$19.96M	$24.64M	$30.33M	$26.18M	$21.88M	$5.12M
# Analysts	1	1	1	1	1	1	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 $28.58M, and a high forecast of $28.58M. 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	1	1	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	$-7.11M	$-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	$-10.47M	$-10.45M	$-10.36M	$-10.60M	$-6.60M	$-7.09M	$-9.97M	$-12.55M	$-8.91M	$-8.93M	$-8.74M	$-7.97M	$-8.77M	$-6.70M	$-8.24M	$-7.11M	$-5.95M	$-1.39M
Low Forecast	$-10.47M	$-10.45M	$-10.36M	$-10.60M	$-7.63M	$-7.09M	$-9.97M	$-12.55M	$-10.60M	$-8.93M	$-8.74M	$-7.97M	$-8.77M	$-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	1	1	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	$-12.84M	$-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	$-583.80K	$-1.46M	$-1.31M	$-875.70K	$-9.77M	$-9.05M	$-6.42M	$-3.26M	$-10.40M	$-8.17M	$-21.26M	$-22.38M	$-65.59M	$-48.91M	$-27.09M	$-10.88M	$287.40K	$-47.20M
Low Forecast	$-583.80K	$-1.46M	$-1.31M	$-875.70K	$-15.92M	$-9.05M	$-6.42M	$-3.26M	$-18.11M	$-8.17M	$-21.26M	$-22.38M	$-65.59M	$-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	1	1	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	$6.97M	$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	$10.26M	$10.24M	$10.15M	$10.39M	$7.48M	$6.95M	$9.77M	$12.30M	$10.39M	$8.75M	$8.57M	$7.81M	$8.59M	$10.60M	$13.05M	$11.26M	$9.41M	$2.20M
Low Forecast	$10.26M	$10.24M	$10.15M	$10.39M	$6.46M	$6.95M	$9.77M	$12.30M	$8.73M	$8.75M	$8.57M	$7.81M	$8.59M	$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 $12.30M to $12.30M. 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	1	1	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	$-0.88	$-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	$-0.04	$-0.10	$-0.09	$-0.06	$-0.67	$-0.62	$-0.44	$-0.22	$-0.71	$-0.56	$-1.46	$-1.53	$-4.49	$-3.40	$-1.89	$-0.76	$0.02	$-1.60
Low Forecast	$-0.04	$-0.10	$-0.09	$-0.06	$-1.09	$-0.62	$-0.44	$-0.22	$-1.24	$-0.56	$-1.46	$-1.53	$-4.49	$-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	$0.61	$2.88	372.13%	Hold
BITF	Bitfarms	$1.63	$4.26	161.35%	Buy
CLSK	CleanSpark	$9.78	$25.33	159.00%	Buy
CIFR	Cipher Mining	$4.86	$7.58	55.97%	Buy
WULF	TeraWulf	$5.53	$8.38	51.54%	Buy
IREN	Iris Energy	$10.71	$14.10	31.65%	Buy
SDIG	Stronghold Digital Mining	$3.92	$4.00	2.04%	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 $4 with a range of $4 to $4, implying a 2.04% from its last price of $3.92. 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 2.04% (from the last price of $3.92 to the average price target of $4), up by 2.04% based on the highest stock price target, and up by 2.04% based on the lowest stock price target.

Can Stronghold Digital Mining stock reach $6?

SDIG's average twelve months analyst stock price target of $4 does not support the claim that Stronghold Digital Mining can reach $6 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 $83.63M (high $84.81M, low $82.45M), average EBITDA is $-36.726M (high $-36.208M, low $-37.244M), average net income is $-31.574M (high $-28.499M, low $-34.649M), average SG&A $35.98M (high $36.49M, low $35.48M), and average EPS is $-2.163 (high $-1.953, low $-2.374). SDIG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $95.36M (high $95.36M, low $95.36M), average EBITDA is $-41.878M (high $-41.878M, low $-41.878M), average net income is $-4.233M (high $-4.233M, low $-4.233M), average SG&A $41.03M (high $41.03M, low $41.03M), and average EPS is $-0.29 (high $-0.29, low $-0.29).

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 $-35.394M by 76244.68%. The company's net income was $0, missing the average estimation of $-66.067M 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 $-9.756M by 32142.02%. Stronghold Digital Mining's net income was $0, missing the average estimation of $-14.254M 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%