BTGO (NYSE:BTGO) Coverage Initiated at Compass Point

Investment analysts at Compass Point started coverage on shares of BTGO (NYSE:BTGO) in a report released on Tuesday, MarketBeat.com reports. The firm set a “buy” rating and a $17.00 price target on the stock. Compass Point’s price objective would suggest a potential upside of 67.98% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Cantor Fitzgerald began coverage on BTGO in a research note on Tuesday. They issued an “overweight” rating and a $18.00 price target on the stock. Canaccord Genuity Group began coverage on shares of BTGO in a research report on Tuesday. They issued a “buy” rating and a $15.00 price objective on the stock. Wedbush initiated coverage on shares of BTGO in a research note on Tuesday. They set an “outperform” rating and a $15.00 target price for the company. Craig Hallum assumed coverage on shares of BTGO in a research note on Tuesday. They issued a “buy” rating and a $18.00 price target on the stock. Finally, Mizuho assumed coverage on shares of BTGO in a report on Tuesday. They issued an “outperform” rating and a $17.00 price target on the stock. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.05.

BTGO Stock Performance

NYSE:BTGO opened at $10.12 on Tuesday. BTGO has a 12-month low of $9.52 and a 12-month high of $24.50.

Insider Buying and Selling at BTGO

In related news, CFO Edward Reginelli sold 45,000 shares of the firm’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $16.74, for a total transaction of $753,300.00. Following the transaction, the chief financial officer directly owned 539,000 shares of the company’s stock, valued at approximately $9,022,860. This trade represents a 7.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeff Peter Horowitz sold 116,007 shares of BTGO stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $16.74, for a total transaction of $1,941,957.18. Following the completion of the sale, the insider owned 311,118 shares of the company’s stock, valued at $5,208,115.32. This trade represents a 27.16% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 436,007 shares of company stock worth $7,298,757.

Trending Headlines about BTGO

Here are the key news stories impacting BTGO this week:

• Positive Sentiment: Several brokers initiated coverage with Buy/Outperform ratings and price targets between $15 and $18, highlighting BitGo’s institutional custody scale and recurring revenue as upside drivers. (Notable initiations: Mizuho, Canaccord, Clear Street, Citigroup, Deutsche Bank, Cantor Fitzgerald, Compass Point, Craig Hallum, Rosenblatt, Wedbush.) Coverage Roundup
• Positive Sentiment: Mizuho specifically initiated with an Outperform and $17 target, citing institutional custody scale and resilient recurring revenue as core positives. Mizuho Initiation
• Neutral Sentiment: Wells Fargo started coverage with an “overweight” rating and $13 target, a more moderate upside compared with other shops. Wells Fargo Coverage
• Neutral Sentiment: Goldman Sachs set a neutral/hold view with an $11.50 target, and Zacks shows a move to a “hold” — these temper the otherwise broadly bullish analyst tone. Zacks / Goldman Notes
• Neutral Sentiment: Aggregated peer/metric comparisons and analyst notes are available for deeper context on valuation and competitive positioning. Peer Comparison
• Negative Sentiment: Commentary has surfaced questioning whether BitGo’s share price already discounts a steep ~41% YTD decline, raising valuation concerns and suggesting limited near‑term upside absent stronger crypto market or execution beats. Valuation Question

About BTGO

BitGo Holdings Inc is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins and settlement services from regulated cold storage. BitGo Holdings Inc is based in NEW YORK.