Bitdeer Technologies Group (NASDAQ:BTDR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Bitdeer Technologies Group (NASDAQ:BTDRGet Free Report) has received an average rating of “Moderate Buy” from the thirteen analysts that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation and twelve have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $29.00.

A number of equities analysts recently commented on BTDR shares. HC Wainwright dropped their price objective on Bitdeer Technologies Group from $32.00 to $30.00 and set a “buy” rating on the stock in a report on Tuesday, November 11th. Rosenblatt Securities boosted their target price on shares of Bitdeer Technologies Group from $20.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. Cantor Fitzgerald cut their price target on shares of Bitdeer Technologies Group to $34.00 and set an “overweight” rating on the stock in a report on Tuesday, December 16th. Needham & Company LLC lifted their price objective on shares of Bitdeer Technologies Group from $17.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, October 16th. Finally, Roth Capital reissued a “buy” rating and set a $40.00 target price on shares of Bitdeer Technologies Group in a research report on Wednesday, October 15th.

Read Our Latest Report on BTDR

Bitdeer Technologies Group Price Performance

Shares of NASDAQ:BTDR opened at $11.40 on Thursday. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of -2.02 and a beta of 2.31. Bitdeer Technologies Group has a 1 year low of $6.84 and a 1 year high of $27.80. The company has a current ratio of 0.90, a quick ratio of 0.74 and a debt-to-equity ratio of 0.46. The business has a fifty day simple moving average of $15.57 and a 200 day simple moving average of $14.84.

Bitdeer Technologies Group (NASDAQ:BTDRGet Free Report) last issued its earnings results on Monday, November 10th. The company reported ($1.28) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($1.06). Bitdeer Technologies Group had a negative return on equity of 91.31% and a negative net margin of 115.59%.The firm had revenue of $169.71 million during the quarter, compared to analyst estimates of $151.80 million. During the same period in the previous year, the company earned ($0.35) earnings per share. The business’s revenue for the quarter was up 173.7% on a year-over-year basis. As a group, sell-side analysts predict that Bitdeer Technologies Group will post -0.73 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Bitdeer Technologies Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in BTDR. Advisors Asset Management Inc. boosted its position in Bitdeer Technologies Group by 68.4% during the second quarter. Advisors Asset Management Inc. now owns 2,570 shares of the company’s stock worth $30,000 after purchasing an additional 1,044 shares during the period. Amalgamated Bank bought a new position in shares of Bitdeer Technologies Group in the second quarter valued at approximately $35,000. Tower Research Capital LLC TRC lifted its stake in shares of Bitdeer Technologies Group by 7,157.0% in the second quarter. Tower Research Capital LLC TRC now owns 7,257 shares of the company’s stock worth $83,000 after buying an additional 7,157 shares during the last quarter. Ameritas Investment Partners Inc. bought a new stake in shares of Bitdeer Technologies Group during the 2nd quarter worth $105,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Bitdeer Technologies Group during the 2nd quarter worth $129,000. 22.25% of the stock is currently owned by institutional investors and hedge funds.

Bitdeer Technologies Group News Summary

Here are the key news stories impacting Bitdeer Technologies Group this week:

  • Positive Sentiment: Bitdeer leased a Nevada factory to manufacture ASIC miners in the U.S., a step toward on‑shore production and vertical integration that could reduce supply‑chain risk, improve margins, and broaden commercial relationships in the U.S. market. Bitdeer leases Nevada factory for U.S. ASIC miner manufacturing
  • Neutral Sentiment: Reported short‑interest data shows “0” shares and a 0.0 days‑to‑cover — this appears to be a reporting anomaly or stale data and is unlikely to be a meaningful driver until corrected or confirmed by exchanges.
  • Negative Sentiment: Multiple plaintiff law firms have filed or are soliciting clients for a securities‑fraud class action covering purchases from June 6, 2024 through Nov 10, 2025 and are reminding investors of a Feb 2, 2026 lead‑plaintiff deadline. Firms (Glancy Prongay & Murray, Faruqi & Faruqi, Kahn Swick & Foti, Kessler Topaz, Schall, Portnoy, Rosen, et al.) cite alleged undisclosed financial problems and stock declines — this increases potential litigation, settlement risk, legal expense and investor uncertainty. Representative notices: Glancy Prongay & Murray notice PR Newswire summary

About Bitdeer Technologies Group

(Get Free Report)

Bitdeer Technologies Group Inc (NASDAQ:BTDR) is a global digital asset mining and computing services provider focused on delivering secure and efficient hashrate solutions to institutional and retail customers. The company leverages its proprietary mining platform to offer hosted mining, hashrate sales and management services, enabling clients to access large-scale mining operations without direct investment in hardware or infrastructure.

Bitdeer’s core offerings include mining hosting services, whereby the firm installs, operates and maintains specialized mining equipment on behalf of customers, and hashrate-as-a-service products that provide fixed-capacity mining power with transparent pricing structures.

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