Know Labs (KNW, Financial) has unveiled plans to incorporate Bitcoin (BTC) into its financial strategy, positioning the cryptocurrency as a central element of its balance sheet management. This initiative stems from a new agreement with Goldeneye 1995 LLC, aimed at offering investors substantial economic exposure to Bitcoin. Company executives believe this move will foster sustainable growth and enhance long-term value for shareholders.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Know Labs Inc (KNW, Financial) is $40.00 with a high estimate of $40.00 and a low estimate of $40.00. The average target implies an upside of 7,743.14% from the current price of $0.51. More detailed estimate data can be found on the Know Labs Inc (KNW) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Know Labs Inc's (KNW, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
