BTIG lowered the firm’s price target on Exodus Movement (EXOD) to $30 from $40 and keeps a Buy rating on the shares after the company published its December treasury update and monthly operating metrics. The firm is trimming its FY26 and FY27 estimates to account for more conservative volume assumptions, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EXOD:
- Exodus Movement reports 1,704 bitcoin holdings as of December 31
- 3 Low P/E Ratio Stocks Poised to Surge Over 100% in 2026
- Crypto Currents: Coinbase starts rollout for stock trading, prediction markets
- Exodus: Buy Rating Backed by Stablecoin Initiative and Self-Custody Platform Growth Potential
- Crypto Currents: Gemini receives U.S. license for prediction markets