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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:SDIG

Stronghold Digital Mining (SDIG) Stock Price, News & Analysis

$4.15
+0.30 (+7.79%)
(As of 03/28/2024 ET)
Today's Range
$3.89
$4.38
50-Day Range
$3.74
$6.32
52-Week Range
$3.46
$12.50
Volume
797,973 shs
Average Volume
958,922 shs
Market Capitalization
$62.46 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.83

Stronghold Digital Mining MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
209.2% Upside
$12.83 Price Target
Short Interest
Healthy
1.76% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.77mentions of Stronghold Digital Mining in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$282,636 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.94) to ($0.73) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.38 out of 5 stars

Finance Sector

400th out of 851 stocks

Nondepository Credit Institutions Industry

13th out of 45 stocks

SDIG stock logo

About Stronghold Digital Mining Stock (NASDAQ:SDIG)

Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. It also engages in the operation of coal refuse power generation facilities. The company was incorporated in 2021 and is headquartered in New York, New York.

SDIG Stock Price History

SDIG Stock News Headlines

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Q4 2023 Stronghold Digital Mining Inc Earnings Call
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Bull Of The Day: Stronghold Digital Mining (SDIG)
Stronghold Enters into Private Placement
See More Headlines
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Company Calendar

Last Earnings
11/30/2021
Today
3/28/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:SDIG
Fax
N/A
Employees
111
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.83
High Stock Price Target
$23.50
Low Stock Price Target
$7.00
Potential Upside/Downside
+209.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-71,400,000.00
Pretax Margin
-135.83%

Debt

Sales & Book Value

Annual Sales
$74.97 million
Cash Flow
$2.59 per share
Book Value
$3.90 per share

Miscellaneous

Free Float
7,894,000
Market Cap
$62.46 million
Optionable
Optionable
Beta
2.71
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SDIG Stock Analysis - Frequently Asked Questions

Should I buy or sell Stronghold Digital Mining stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stronghold Digital Mining in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SDIG shares.
View SDIG analyst ratings
or view top-rated stocks.

What is Stronghold Digital Mining's stock price target for 2024?

2 analysts have issued 12 month target prices for Stronghold Digital Mining's shares. Their SDIG share price targets range from $7.00 to $23.50. On average, they predict the company's share price to reach $12.83 in the next year. This suggests a possible upside of 209.2% from the stock's current price.
View analysts price targets for SDIG
or view top-rated stocks among Wall Street analysts.

How have SDIG shares performed in 2024?

Stronghold Digital Mining's stock was trading at $7.30 at the beginning of 2024. Since then, SDIG stock has decreased by 43.2% and is now trading at $4.15.
View the best growth stocks for 2024 here
.

Are investors shorting Stronghold Digital Mining?

Stronghold Digital Mining saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 162,100 shares, a decline of 40.5% from the February 29th total of 272,600 shares. Based on an average trading volume of 1,200,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.8% of the shares of the company are short sold.
View Stronghold Digital Mining's Short Interest
.

When is Stronghold Digital Mining's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our SDIG earnings forecast
.

How were Stronghold Digital Mining's earnings last quarter?

Stronghold Digital Mining, Inc. (NASDAQ:SDIG) posted its quarterly earnings data on Tuesday, November, 30th. The company reported ($60.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.60) by $58.90. The company earned $6.02 million during the quarter, compared to the consensus estimate of $6.60 million. Stronghold Digital Mining had a negative net margin of 40.57% and a positive trailing twelve-month return on equity of 10.70%.

What ETF holds Stronghold Digital Mining's stock?

Valkyrie Bitcoin Miners ETF holds 24,255 shares of SDIG stock, representing 0.91% of its portfolio.

When did Stronghold Digital Mining's stock split?

Shares of Stronghold Digital Mining reverse split on Tuesday, May 16th 2023. The 1-10 reverse split was announced on Tuesday, May 16th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, May 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did Stronghold Digital Mining IPO?

Stronghold Digital Mining (SDIG) raised $114 million in an initial public offering on Wednesday, October 20th 2021. The company issued 6,687,305 shares at a price of $16.00-$18.00 per share.

Who are Stronghold Digital Mining's major shareholders?

Stronghold Digital Mining's stock is owned by many different retail and institutional investors. Top institutional shareholders include Armistice Capital LLC (9.64%), Vanguard Group Inc. (2.82%), Vanguard Group Inc. (2.82%), Vident Advisory LLC (0.68%), Nomura Holdings Inc. (0.53%) and Nomura Holdings Inc. (0.37%). Insiders that own company stock include Gregory A Beard, Matthew J Smith, Richard J Shaffer and William B Spence.
View institutional ownership trends
.

How do I buy shares of Stronghold Digital Mining?

Shares of SDIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SDIG) was last updated on 3/29/2024 by MarketBeat.com Staff

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