Analyst Ratings

Hut 8 plant
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 plant

Data Center Server Room Bitcoin Mining
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.
Data Center Server Room Bitcoin Mining

Marathon Digital CEO: $1T Infrastructure Bill Impact on Miners 'Really Isn't That Severe'
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: $1T Infrastructure Bill Impact on Miners 'Really Isn't That Severe'

Stronghold Digital Mining Raises $105M to Turn Waste Coal Into Bitcoin
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 Raises $105M to Turn Waste Coal Into Bitcoin

Silvergate Bank to Discontinue Binance USD Deposits, Withdrawals
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.
Silvergate Bank to Discontinue Binance USD Deposits, Withdrawals

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)

Bitcoin mining equipment
Sphere 3D Receives Buy Rating Ahead of Gryphon Digital Mining Merger
The Canadian investment bank, PI Financial, believes Gryphon Digital Mining will rank among the world’s top five global crypto miners.
Bitcoin mining equipment

Greenidge mining center (Caleb Parker)
Greenidge Outperforms Peers as B. Riley Analyst Sees Higher Earnings Potential
The analyst raised the crypto miner’s 12-month price target to $82 from $78 and 2022 earnings estimates.
Greenidge mining center (Caleb Parker)

Greenidge Generation's bitcoin mining facility in upstate New York. (Greenidge)
Greenidge Generation Shares Jump 30% After Analyst Sees Potential 200% Upside
B. Riley initiated its coverage of the bitcoin miner with a $78 price target.
Greenidge Generation's bitcoin mining facility in upstate New York. (Greenidge)

Coinbase CEO Brian Armstrong
Coinbase Initiated ‘Buy,’ Assigned $420 Price Target by Needham
Needham projects a 467% increase in 2021 revenue for Coinbase.
Coinbase CEO Brian Armstrong