BTGO (NYSE:BTGO) Now Covered by Analysts at Cantor Fitzgerald

Cantor Fitzgerald began coverage on shares of BTGO (NYSE:BTGO) in a research note published on Tuesday, MarketBeat reports. The brokerage issued an overweight rating and a $18.00 price target on the stock.

Other analysts have also recently issued reports about the stock. Wedbush assumed 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. Rosenblatt Securities started coverage on BTGO in a research report on Tuesday. They set a “buy” rating and a $17.00 target price on the stock. Craig Hallum initiated coverage on BTGO in a research report on Tuesday. They issued a “buy” rating and a $18.00 price target for the company. Canaccord Genuity Group started coverage on BTGO in a research note on Tuesday. They set a “buy” rating and a $15.00 price objective on the stock. Finally, Wall Street Zen upgraded BTGO to a “hold” rating in a research note on Saturday, January 31st. Ten equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $16.05.

BTGO Trading Down 3.4%

NYSE BTGO opened at $10.39 on Tuesday. BTGO has a 52 week low of $9.52 and a 52 week high of $24.50.

Insiders Place Their Bets

In other news, COO Jody Mettler sold 25,000 shares of the business’s stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $16.74, for a total transaction of $418,500.00. Following the completion of the transaction, the chief operating officer owned 25,000 shares of the company’s stock, valued at approximately $418,500. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeff Peter Horowitz sold 116,007 shares of the firm’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 $1,941,957.18. Following the completion of the sale, the insider directly owned 311,118 shares in the company, valued at $5,208,115.32. This represents a 27.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 436,007 shares of company stock worth $7,298,757 over the last three months.

Key Stories Impacting 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.