BTGO (NYSE:BTGO) Stock Rating Lowered by Wall Street Zen

BTGO (NYSE:BTGO) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

BTGO has been the subject of several other research reports. Mizuho initiated coverage on shares of BTGO in a research note on Tuesday. They issued an “outperform” rating and a $17.00 price objective for the company. Compass Point began coverage on BTGO in a report on Tuesday. They issued a “buy” rating and a $17.00 price target on the stock. Rosenblatt Securities began coverage on BTGO in a research note on Tuesday. They set a “buy” rating and a $17.00 price target for the company. Cantor Fitzgerald started coverage on BTGO in a report on Tuesday. They set an “overweight” rating and a $18.00 price objective for the company. Finally, Clear Str raised BTGO to a “strong-buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $16.05.

BTGO Trading Down 1.0%

BTGO stock opened at $10.49 on Friday. BTGO has a 12-month low of $9.52 and a 12-month high of $24.50.

Insider Transactions at BTGO

In related news, COO Jody Mettler sold 25,000 shares of the stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $16.74, for a total value of $418,500.00. Following the transaction, the chief operating officer owned 25,000 shares of the company’s stock, valued at $418,500. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CRO Chen Fang sold 250,000 shares of BTGO stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total value of $4,185,000.00. Following the sale, the executive directly owned 1,233,491 shares of the company’s stock, valued at approximately $20,648,639.34. This trade represents a 16.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have 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: BitGo and Figure completed the first blockchain‑native equity trades on Figure’s Alternative Trading System, marking a practical milestone for tokenized equities that leverages BitGo’s regulated custody infrastructure — a product win that supports future institutional revenue opportunities. Article Title
• Positive Sentiment: BitGo was named the issuer and primary custodian of FYUSD, a U.S. dollar‑backed stablecoin aimed at institutional use in Asian markets — an expansion that could broaden custody and issuance revenue and deepen BitGo’s role in international stablecoin markets. Article Title
• Positive Sentiment: Multiple major brokerages and research firms initiated coverage or began reporting on BTGO (including Deutsche Bank, Citi, Goldman Sachs, Canaccord, Mizuho, Rosenblatt, Wedbush, Compass Point, Craig Hallum), increasing analyst attention and investor visibility — typically supportive for trading liquidity and valuation discovery. Article Title
• Positive Sentiment: Clear Str LLC upgraded BTGO to a “strong‑buy,” which could attract buyer interest from institutions that follow or mirror that shop’s coverage. Article Title
• Neutral Sentiment: Zacks Research upgraded BTGO to a “hold” — an improvement in coverage but less bullish than a buy/strong‑buy rating; may have mixed impact compared with other more positive broker notes. Article Title

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.