BTGO (NYSE:BTGO) Coverage Initiated by Analysts at Citigroup

Citigroup began coverage on shares of BTGO (NYSE:BTGO) in a research report report published on Tuesday morning, Marketbeat reports. The firm issued a buy rating and a $18.00 price target on the stock.

A number of other equities analysts have also recently weighed in on the stock. Craig Hallum started coverage on shares of BTGO in a research report on Tuesday. They set a “buy” rating and a $18.00 price target on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on BTGO in a research note on Tuesday. They set a “buy” rating and a $17.00 price objective on the stock. The Goldman Sachs Group initiated coverage on BTGO in a report on Tuesday. They set a “neutral” rating and a $11.50 target price on the stock. Mizuho started coverage on BTGO in a report on Tuesday. They issued an “outperform” rating and a $17.00 price target for the company. Finally, Wall Street Zen raised BTGO to a “hold” rating in a research report on Saturday, January 31st. Ten research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $16.05.

BTGO Price Performance

Shares of NYSE:BTGO opened at $10.39 on Tuesday. BTGO has a fifty-two week low of $9.52 and a fifty-two week high of $24.50.

Insider Activity at BTGO

In other news, CRO Chen Fang sold 250,000 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 value of $4,185,000.00. Following the sale, the executive directly owned 1,233,491 shares in the company, valued at $20,648,639.34. The trade was a 16.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jeff Peter Horowitz sold 116,007 shares of the company’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 $1,941,957.18. Following the transaction, the insider directly owned 311,118 shares of the company’s stock, valued at $5,208,115.32. This represents a 27.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 436,007 shares of company stock valued at $7,298,757 in the last quarter.

BTGO News Summary

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.