BitGo Holdings Inc (NYSE:BTGO) reported upbeat results for the fourth quarter on Thursday.
The company posted quarterly losses of $1.03 per share which beat the analyst consensus estimate of losses of $1.29 per share. The company reported quarterly sales of $6.157 billion which beat the analyst consensus estimate of $6.093 billion.
“In January, BitGo became the first public, federally chartered digital asset infrastructure company,” said Mike Belshe, CEO of BitGo. “This milestone, in combination with our strong fourth quarter and full year 2025 results and continued market share expansion, serves to strengthen our value proposition while supporting investments in our strategy as we enhance and broaden our suite of institutional-grade infrastructure solutions.”
BitGo Holdings shares fell 12.5% to trade at $7.96 on Friday.
These analysts made changes to their price targets on BitGo Holdings following earnings announcement.
- Rosenblatt analyst Chris Brendler maintained BitGo with a Buy and lowered the price target from $17 to $15.
- Cantor Fitzgerald analyst Brett Knoblauch maintained the stock with an Overweight rating and lowered the price target from $18 to $17.
- Goldman Sachs analyst James Yaro maintained BitGo with a Neutral and lowered the price target from $12 to $10.5.
Considering buying BTGO stock? Here’s what analysts think:
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