BitGo Holdings Analysts Cut Their Forecasts After Q4 Results

BitGo Holdings Inc (NYSE: BTGO) reported a Q4 loss of $1.03 per share, surpassing analyst expectations of a $1.29 loss, while quarterly sales reached $6.157 billion, exceeding the $6.093 billion consensus estimate. Following the earnings announcement, analysts adjusted their price targets: Rosenblatt from $17 to $15, Cantor Fitzgerald from $18 to $17, and Goldman Sachs from $12 to $10.5. BitGo's shares fell 12.5% to $7.96 on Friday.