Rosenblatt Securities Cuts BTGO (NYSE:BTGO) Price Target to $15.00

BTGO (NYSE:BTGO) had its target price reduced by Rosenblatt Securities from $17.00 to $15.00 in a research note released on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities analysts also recently issued reports on BTGO. Mizuho began coverage on BTGO in a research note on Tuesday, February 17th. They issued an “outperform” rating and a $17.00 price target on the stock. Keefe, Bruyette & Woods raised BTGO to a “hold” rating in a research report on Tuesday, February 17th. Citigroup cut their price target on BTGO from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Wednesday, March 18th. Compass Point assumed coverage on shares of BTGO in a research note on Tuesday, February 17th. They issued a “buy” rating and a $17.00 price objective on the stock. Finally, The Goldman Sachs Group assumed coverage on shares of BTGO in a research report on Tuesday, February 17th. They set a “neutral” rating and a $11.50 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $15.59.

BTGO Price Performance

BTGO opened at $7.69 on Friday. The firm’s 50 day moving average is $10.86. BTGO has a twelve month low of $7.60 and a twelve month high of $24.50.

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

Insider Buying and Selling

In related news, CFO Edward Reginelli sold 45,000 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $16.74, for a total transaction of $753,300.00. Following the completion of the transaction, the chief financial officer directly owned 539,000 shares in the company, valued at approximately $9,022,860. The trade was a 7.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Jody Mettler sold 25,000 shares of the stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $16.74, for a total transaction of $418,500.00. Following the completion of the sale, the chief operating officer directly owned 25,000 shares of the company’s stock, valued at $418,500. This represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 436,007 shares of company stock worth $7,298,757 over the last ninety days.

BTGO News Summary

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

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.