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 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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