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

BTGO (NYSE:BTGO) had its price objective decreased by Cantor Fitzgerald from $18.00 to $17.00 in a report issued on Friday,Benzinga reports. Cantor Fitzgerald currently has an overweight rating on the stock.

A number of other research firms also recently weighed in on BTGO. Zacks Research upgraded shares of BTGO to a “hold” rating in a research report on Wednesday, February 18th. The Goldman Sachs Group began coverage on BTGO in a research report on Tuesday, February 17th. They set a “neutral” rating and a $11.50 price target on the stock. Compass Point assumed coverage on BTGO in a report on Tuesday, February 17th. They issued a “buy” rating and a $17.00 price objective for the company. Canaccord Genuity Group reiterated a “buy” rating and set a $15.00 target price on shares of BTGO in a research report on Friday. Finally, Wall Street Zen lowered BTGO from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.59.

BTGO Stock Down 15.5%

NYSE BTGO opened at $7.69 on Friday. BTGO has a 12-month low of $7.60 and a 12-month high of $24.50. The firm has a 50-day simple moving average of $10.86.

Insider Activity

In related news, insider Jeff Peter Horowitz sold 116,007 shares of BTGO stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total value of $1,941,957.18. Following the transaction, the insider directly owned 311,118 shares of the company’s stock, valued at $5,208,115.32. This trade represents a 27.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Edward Reginelli sold 45,000 shares of the business’s stock in a transaction that occurred on 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 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, 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: 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.