Cantor Fitzgerald Cuts BTGO (NYSE:BTGO) Price Target to $17.00

BTGO (NYSE:BTGO) had its target price cut by Cantor Fitzgerald from $18.00 to $17.00 in a research report released on Friday,Benzinga reports. They currently have an overweight rating on the stock.

BTGO has been the topic of several other research reports. Citigroup decreased their price target on BTGO from $18.00 to $17.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. The Goldman Sachs Group started coverage on BTGO in a report on Tuesday, February 17th. They set a “neutral” rating and a $11.50 price objective for the company. Clear Str upgraded shares of BTGO to a “strong-buy” rating in a research report on Tuesday, February 17th. Zacks Research raised shares of BTGO to a “hold” rating in a research note on Wednesday, February 18th. Finally, Mizuho initiated coverage on shares of BTGO in a research report on Tuesday, February 17th. They set an “outperform” rating and a $17.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, BTGO has an average rating of “Moderate Buy” and a consensus price target of $15.59.

BTGO Stock Performance

NYSE:BTGO opened at $7.69 on Friday. The stock’s fifty day moving average price is $10.86. BTGO has a 52-week low of $7.60 and a 52-week high of $24.50.

BTGO (NYSE:BTGO) last released its earnings results on Thursday, March 26th. The company reported ($1.03) EPS for the quarter. The firm had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.11 billion.

Insider Buying and Selling

In other BTGO news, CFO Edward Reginelli sold 45,000 shares of the stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $16.74, for a total value of $753,300.00. Following the transaction, the chief financial officer owned 539,000 shares of the company’s stock, valued at approximately $9,022,860. This represents a 7.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CRO Chen Fang sold 250,000 shares of the stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $16.74, for a total value of $4,185,000.00. Following the completion of the transaction, the executive directly owned 1,233,491 shares in the company, valued at $20,648,639.34. The trade was a 16.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 436,007 shares of company stock worth $7,298,757.

More BTGO News

Here are the key news stories impacting BTGO this week:

• Positive Sentiment: BitGo announced a partnership with zkSync to build a tokenized deposit platform for banks — a product initiative that could expand addressable market and revenue diversification if adoption and regulatory testing proceed as planned. BitGo (BTGO) Partners with ZKsync to Launch Tokenized Deposit Platform for Banks
• Positive Sentiment: BitGo reported a strong Q4 with revenue jumping substantially (reported as a >400% increase in some coverage) and beat expectations; the company also highlighted its new status as a federally chartered digital asset infrastructure firm — facts that support longer‑term growth thesis. BitGo Holdings Announces Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Several sell‑side firms continue to carry buy/overweight ratings with mid‑teens price targets (Canaccord, Rosenblatt, Wedbush, Cantor Fitzgerald reaffirmed/maintained bullish views), indicating some analysts still see multi‑quarter upside despite near‑term volatility. BitGo Holdings Analysts Cut Their Forecasts After Q4 Results
• Negative Sentiment: Multiple analysts lowered forecasts and trimmed price targets after the Q4 release; notably Goldman Sachs cut its target and moved to a neutral rating — those downgrades and lowered targets helped trigger selling pressure despite the beat. BitGo Holdings Analysts Cut Their Forecasts After Q4 Results

BTGO Company Profile

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.