BTGO (NYSE:BTGO) Now Covered by The Goldman Sachs Group

The Goldman Sachs Group started coverage on shares of BTGO (NYSE:BTGO) in a research note published on Tuesday, Marketbeat reports. The brokerage issued a neutral rating and a $11.50 target price on the stock.

Other research analysts also recently issued reports about the company. Craig Hallum began coverage on BTGO in a research report on Tuesday. They set a “buy” rating and a $18.00 price objective for the company. Wall Street Zen raised BTGO to a “hold” rating in a report on Saturday, January 31st. Mizuho started coverage on BTGO in a research report on Tuesday. They issued an “outperform” rating and a $17.00 price objective on the stock. Cantor Fitzgerald began coverage on BTGO in a research note on Tuesday. They set an “overweight” rating and a $18.00 price objective on the stock. Finally, Rosenblatt Securities started coverage on shares of BTGO in a research note on Tuesday. They issued a “buy” rating and a $17.00 target price for the company. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, BTGO has an average rating of “Moderate Buy” and an average price target of $16.05.

BTGO Price Performance

Shares of BTGO opened at $10.39 on Tuesday. BTGO has a 12-month low of $9.52 and a 12-month high of $24.50.

Insiders Place Their Bets

In related news, COO Jody Mettler sold 25,000 shares of the 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 transaction, the chief operating officer directly owned 25,000 shares in the company, valued at approximately $418,500. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Edward Reginelli sold 45,000 shares of the firm’s stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $16.74, for a total value of $753,300.00. Following the completion of the sale, the chief financial officer directly owned 539,000 shares in the company, valued at approximately $9,022,860. The trade was a 7.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 436,007 shares of company stock valued at $7,298,757.

Key BTGO News

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.