Bitgo Holdings Inc (BTGO)
NYSEFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
NYSEFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
Research Workspace
Put BTGO beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Investment Banking & Brokerage is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Manage legal and regulatory challenges without material harm: 1 class action filed vs 0 material penalties target.
View ThesisExpectations look high — what the market is pricing in runs ahead of what analysts forecast.
View ValuationThis stock is highly volatile — it swings about 4% on a typical day and fell roughly 75% in its worst 12-month stretch.
View RiskBTGO aims to drive revenue growth by acquiring NYDIG's trading business. This acquisition should enhance growth through increased trading volume. Revenue grew 79% year over year, but the last quarter missed expectations. BTGO trades at a low valuation compared to peers. The market is pricing in more growth than we forecast. The expectations look full, suggesting a risk of multiple compression. The primary risk is managing legal and regulatory challenges without harm. Peer multiples imply a price about 14% above where it trades. This read is provisional; the thesis is on watch.
Trailing returns as of 2026-09-04. BTGO is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 12 analysts currently covering BTGO (as of Sep 2026).
Based on 5 Wall Street analysts offering 12-month price targets for BTGO in the last 4 months.
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Compare BTGO with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| BTGO Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 1 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Investment Banking & Brokerage — fair value, gap to price, and forward P/E.
Compare the value case
Put BTGO next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Drive revenue growth with focus on scaling business
Acquisition enhances growth through increased trading volume.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $7.30
The last 12 months of price, then the range of analyst 12-month targets from today’s $7.30.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.

Advances: Drive revenue growth with focus on scaling business
Acquisition enhances growth and scales business effectively.
Advances: Improve operating income and reduce losses
Cash savings directly improve operating income.

Major banks launching stablecoins enhances BitGo's partnership potential.

Class action lawsuit over IPO disclosures poses legal risks.
CEO's warning indicates potential regulatory headwinds.
Launch of modular infrastructure enhances product offerings.
Positive analysis supports valuation and market perception.