BTGO (NYSE:BTGO) Now Covered by Compass Point

Compass Point assumed coverage on shares of BTGO (NYSE:BTGO) in a report published on Tuesday, MarketBeat Ratings reports. The firm issued a buy rating and a $17.00 price objective on the stock.

Other research analysts have also issued research reports about the stock. Rosenblatt Securities assumed coverage on shares of BTGO in a research note on Tuesday. They set a “buy” rating and a $17.00 price target on the stock. Wedbush started coverage on shares of BTGO in a research report on Tuesday. They set an “outperform” rating and a $15.00 target price on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on BTGO in a report on Tuesday. They set a “buy” rating and a $17.00 target price on the stock. The Goldman Sachs Group began coverage on BTGO in a research note on Tuesday. They set a “neutral” rating and a $11.50 price target for the company. Finally, Wall Street Zen raised BTGO to a “hold” rating in a report on Saturday, January 31st. Ten research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, BTGO currently has an average rating of “Moderate Buy” and an average target price of $16.05.

BTGO Price Performance

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.

Insider Activity

In other news, CRO Chen Fang sold 250,000 shares of BTGO stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $16.74, for a total value of $4,185,000.00. Following the transaction, the executive directly owned 1,233,491 shares in the company, valued at approximately $20,648,639.34. The trade was a 16.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeff Peter Horowitz sold 116,007 shares of the stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total value of $1,941,957.18. Following the sale, the insider owned 311,118 shares of the company’s stock, valued at approximately $5,208,115.32. The trade was a 27.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 436,007 shares of company stock valued at $7,298,757 over the last three months.

Key Headlines 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.