analyst ratings

Stronghold Digital Mining CEO Greg Beard (right) and co-Chairman Bill Spence (left).  (Aaron Kotowski/Stronghold Digital Mining)
DA Davidson Cuts Miner Stronghold’s Target by 40% Ahead of Earnings
The stock is still “super cheap” compared to other mining peers, analyst says.
Stronghold Digital Mining CEO Greg Beard (right) and co-Chairman Bill Spence (left).  (Aaron Kotowski/Stronghold Digital Mining)

(Leon Neal/Getty Images)
Coinbase’s NFT Segment Could Add More Than $1B to Annual Revenue, Needham Says
Analyst John Todaro continues his buy rating on the stock and $360 price target, or more than double the current $176.
(Leon Neal/Getty Images)

Coinbase CEO Brian Armstrong (CoinDesk archives)
Coinbase Remains a Market Leader Despite Near-Term Headwinds, Analysts Say
The shares fell as analysts cut their price targets while saying they’re not concerned about Coinbase's business.
Coinbase CEO Brian Armstrong (CoinDesk archives)

(Shutterstock)
Jefferies Sees Nearly 160% Upside for Marathon Digital's Shares
The firm started coverage with a buy rating and 12-month price target of $51.
(Shutterstock)

Hut 8 mining site. (Hut 8)
Crypto Miners Are Better Investments Than Bitcoin Even After Sell-Off: Analysts
Wall Street analysts see “compelling” opportunities in the stocks of miners as sell-off is not driven by fundamentals.
Hut 8 mining site. (Hut 8)

(Jasmine Merdan/Moment/Getty Images)
Bitcoin Miner Iris Energy Has More Than 100% Upside, JPMorgan Analyst Says
The bank’s analyst initiated research on Iris Energy with a buy-equivalent rating and a 12-month price target of $30 per share.
(Jasmine Merdan/Moment/Getty Images)

Marathon Digital CEO Fred Thiel (CoinDesk "First Mover" screenshot)
Marathon Digital Sell-Off a Buying Opportunity, DA Davidson Analyst Says
The decline of the bitcoin miner’s shares because of the SEC’s subpoena and convertible debt offering is “overdone,” according to the firm.
Marathon Digital CEO Fred Thiel (CoinDesk "First Mover" screenshot)

(Stronghold Digital Mining)
Stronghold Digital Outperforms Peers After DA Davidson Buy Rating
The investment bank initiated its coverage of the bitcoin mining company with a 12-month price target of $42.
(Stronghold Digital Mining)

(CoinDesk archives)
Crypto-Focused Bank Silvergate Rallies After JPMorgan Sees Industry Adoption Growth
The analyst sees Silvergate as a way for investors to gain exposure to crypto adoption and disruption.
(CoinDesk archives)

Coinbase CEO Brian Armstrong (CoinDesk archives)
Coinbase Analysts See ‘Green Shoots’ After Weak Third-Quarter Results
The largest U.S. cryptocurrency exchange should benefit from near-term crypto strength and diversification of revenue streams.
Coinbase CEO Brian Armstrong (CoinDesk archives)