BTGO (NYSE:BTGO) Coverage Initiated by Analysts at Craig Hallum

Craig Hallum began coverage on shares of BTGO (NYSE:BTGO) in a research note released on Tuesday, Marketbeat Ratings reports. The firm issued a buy rating and a $18.00 price objective on the stock.

A number of other equities research analysts also recently issued reports on the stock. Wedbush began coverage on shares of BTGO in a research note on Tuesday. They set an “outperform” rating and a $15.00 price target on the stock. Wall Street Zen raised shares of BTGO to a “hold” rating in a research note on Saturday, January 31st. Ten research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $16.05.

BTGO Trading Down 3.4%

Shares of BTGO opened at $10.39 on Tuesday. BTGO has a 1 year low of $9.52 and a 1 year high of $24.50.

Insider Activity

In other BTGO news, COO Jody Mettler sold 25,000 shares of the business’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total transaction of $418,500.00. Following the transaction, the chief operating officer owned 25,000 shares in the company, valued at $418,500. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jeff Peter Horowitz sold 116,007 shares of the stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total transaction of $1,941,957.18. Following the completion of the sale, the insider directly owned 311,118 shares in the company, valued at approximately $5,208,115.32. This represents a 27.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 436,007 shares of company stock valued at $7,298,757 over the last ninety days.

Trending Headlines about BTGO

Here are the key news stories impacting BTGO this week:

• Positive Sentiment: Several large brokers initiated coverage with bullish ratings and sizable price targets (many in the $15–$18 range), signaling strong analyst conviction about upside potential—Citigroup: Buy, $18 target (~73% upside). Article
• Positive Sentiment: Cantor Fitzgerald and Craig Hallum both started coverage with Overweight/Buy and $18 targets (each ~73% upside), reinforcing the bullish cohort. Article
• Positive Sentiment: Deutsche Bank, Compass Point, Mizuho, and Rosenblatt initiated Buy ratings with $17 targets (~64% upside), pointing to conviction among mid‑to‑large brokers (no direct link available for all firms).
• Positive Sentiment: Canaccord and Wedbush started coverage with Buy/Outperform ratings and $15 targets (~44% upside), while Wells Fargo gave an Overweight with a $13 target (~25% upside). Article
• Neutral Sentiment: Goldman Sachs initiated coverage with a Neutral rating and an $11.50 target (~11% upside), which tempers the otherwise bullish slate. Article
• Neutral Sentiment: Independent analyst commentary (TipRanks summary) highlights BitGo’s solid growth prospects but warns that crypto volatility and margin risks justify a Hold stance for some investors — a reminder of sector-specific risk. Article
• Negative Sentiment: Despite the bullish analyst starts, BTGO is trading down today on below-average volume (current intraday volume is lower than the stock’s recent average), suggesting profit‑taking, hesitation, or broader market/crypto weakness is outweighing the new buy signals.

BTGO Company Profile

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.