# BitGo Holdings, Inc. (BTGO)

> Source: Nexqual · https://nexqual.com/BTGO · data as of 2026-10-29 20:00 UTC · cite as "Nexqual, BitGo Holdings, Inc. (BTGO), nexqual.com/BTGO" · informational, not investment advice.

**Price:** USD 5.79 (-0.17% on the day) · last close of Oct 29, 2026; US market closed, not a live price. Prev close 5.8 · day 5.57–5.89 · 52w 4.65–24.5 · market cap $681M · NYQ

## Key facts
- Analysts: Buy (mean 2.17 on a 1–5 scale) (12 analysts), mean target USD 10.38 (range 7.5–15).
- Total return with dividends: 1Y -67.8% vs S&P 500 +14.8%; 5Y -60.1% vs S&P 500 +79.1%.
- Next earnings: 2026-11-09, EPS estimate USD -0.04, revenue estimate $4.37B. All companies reporting that day: https://nexqual.com/earnings/2026-11-09
- Dividend: BTGO paid no cash dividend in the last five years.
- Short interest: 5.06% of float (as of 2026-10-15), 2.3 days to cover.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 0.1x · P/B 1.6x · FCF yield -7.95% · Earnings yield -9.86%

## Analysts
Consensus Buy (mean 2.17 on a 1–5 scale), 12 analysts; mean target USD 10.38 (low 7.5, high 15).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-21 | Canaccord Genuity | Maintained | Buy | $15 |
| 2026-08-17 | Cantor Fitzgerald | Target lowered | Overweight | $15 → $13 |
| 2026-08-14 | Citigroup | Target lowered | Buy | $17 → $10 |
| 2026-08-14 | Mizuho | Target lowered | Outperform | $14 → $11 |
| 2026-08-13 | Wells Fargo | Target lowered | Overweight | $13 → $11 |
| 2026-08-13 | Wedbush | Target lowered | Outperform | $15 → $8 |
| 2026-08-13 | Rosenblatt | Target lowered | Buy | $15 → $10 |

## Total return (dividends reinvested)
|  | 1Y (from 2026-01-21) | 5Y (from 2026-01-19) |
|---|---|---|
| Total return | -67.8% | -60.1% |
| S&P 500 (SPY) | +14.8% | +79.1% |
| Per year | — | — |
| Volatility (annualized) | 97.8% | 91.4% |
| Max drawdown | -74.6% (Jan 2026→Jul 2026) | -67.5% (Jan 2026→Jun 2026) |

## Dividends
BTGO paid no cash dividend in the last five years.

## Short interest
4,147,542 shares sold short, 5.06% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 2,302,906 shares (+80.1%). Days to cover: 2.3 (short shares ÷ average daily volume).

## Peers (Capital Markets)
MIAX (Miami International Holdings, I) USD 31.44 -1.69% · LAZ (Lazard, Inc.) USD 39.54 +2.78% · MC (Moelis & Company) USD 59.98 +2.88% · PIPR (Piper Sandler Companies) USD 68.72 +2.63% · VIRT (Virtu Financial, Inc.) USD 54.21 -2.22% · FIGR (Figure Technology Solutions, In) USD 23.59 +1.11%

## More
Full page: https://nexqual.com/BTGO · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)


Other companies that name BTGO in their own reports (relationship from BTGO's side):

| Relationship | Company | Their filing | Sentence |
|---|---|---|---|
| partner | TAO Synergies Inc. (TAOX) | 10-K 2026-03-31 | "All staking services are provided through BitGo pursuant to the terms of a Custodial Services Agreement ("CSA") and the BitGo Staking & Delegation Services Terms (collectively, the "Staking Terms") wh…" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $-0.04 | $-0.02 | −$0.02 | $4.37B | 2 |
| Next quarter (ends 2026-12-31) | $-0.01 | $0.02 | −$0.03 | $4.73B | 2 |
| Current fiscal year (ends 2026-12-31) | $-0.07 | $0.02 | −$0.09 | $17.07B | 1 |
| Next fiscal year (ends 2027-12-31) | $0.21 | $0.31 | -31.8% | $21.36B | 3 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | −$0.03 | −$0.07 | Beat +57.1% | — |
| — | Quarter ended Mar 31, 2026 | −$0.13 | −$0.10 | Miss −30.0% | — |
| — | Quarter ended Dec 31, 2025 | $0.07 | −$0.42 | Beat +$0.49 | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).