Bitdeer Technologies Group (NASDAQ:BTDR) Earns “Buy” Rating from Rosenblatt Securities

Bitdeer Technologies Group (NASDAQ:BTDR)‘s stock had its “buy” rating restated by analysts at Rosenblatt Securities in a report issued on Wednesday,Benzinga reports. They currently have a $18.00 price objective on the stock. Rosenblatt Securities’ price objective points to a potential upside of 110.04% from the stock’s current price.

Several other equities analysts have also weighed in on the stock. Needham & Company LLC cut their price objective on shares of Bitdeer Technologies Group from $30.00 to $22.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. UBS Group reissued a “buy” rating on shares of Bitdeer Technologies Group in a research report on Thursday, February 12th. HC Wainwright cut their price target on shares of Bitdeer Technologies Group from $30.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $14.00 price objective (down from $26.50) on shares of Bitdeer Technologies Group in a research note on Tuesday, January 27th. Finally, Benchmark decreased their price objective on shares of Bitdeer Technologies Group from $38.00 to $27.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Ten analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $26.60.

Bitdeer Technologies Group Stock Performance

Shares of BTDR stock opened at $8.57 on Wednesday. Bitdeer Technologies Group has a fifty-two week low of $6.84 and a fifty-two week high of $27.80. The stock’s 50-day moving average is $10.81 and its two-hundred day moving average is $13.92. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.91 and a quick ratio of 0.75. The firm has a market cap of $1.81 billion, a P/E ratio of -2.73 and a beta of 2.40.

Bitdeer Technologies Group (NASDAQ:BTDR) last announced its quarterly earnings results on Thursday, February 12th. The company reported ($0.73) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.59). The firm had revenue of $224.84 million for the quarter, compared to analyst estimates of $208.25 million. Bitdeer Technologies Group had a net margin of 10.58% and a return on equity of 8.92%. The company’s revenue for the quarter was up 225.8% on a year-over-year basis. Analysts predict that Bitdeer Technologies Group will post -0.73 earnings per share for the current fiscal year.

Institutional Trading of Bitdeer Technologies Group

A number of institutional investors and hedge funds have recently modified their holdings of BTDR. Invesco Ltd. grew its stake in Bitdeer Technologies Group by 3.7% in the 4th quarter. Invesco Ltd. now owns 71,930 shares of the company’s stock valued at $806,000 after buying an additional 2,597 shares during the last quarter. Vident Advisory LLC lifted its position in Bitdeer Technologies Group by 39.3% during the 4th quarter. Vident Advisory LLC now owns 1,186,662 shares of the company’s stock worth $13,302,000 after acquiring an additional 334,548 shares during the last quarter. Empowered Funds LLC bought a new stake in Bitdeer Technologies Group during the fourth quarter valued at about $34,000. Vennlight Capital Management LP bought a new stake in Bitdeer Technologies Group during the fourth quarter valued at about $1,030,000. Finally, Engineers Gate Manager LP acquired a new stake in shares of Bitdeer Technologies Group in the fourth quarter valued at about $604,000. 22.25% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Bitdeer Technologies Group

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

• Positive Sentiment: Big operational beat — Bitdeer reported a 541% year‑over‑year jump in Bitcoins mined and launched a new miner, a fundamental catalyst that supports revenue and investor enthusiasm. BTDR Soars on 541% Jump in Bitcoins Mined
• Positive Sentiment: Sell‑side support: Rosenblatt reaffirmed a “buy” on BTDR with an $18 price target, implying substantial upside vs. current levels and giving investors a clear positive valuation anchor. Rosenblatt Reaffirms Buy, $18 PT
• Positive Sentiment: Market narrative: a media piece highlights Bitdeer as defying the “AI cooling” narrative (grouped with peers), which can attract momentum flows into names tied to crypto/AI infrastructure. Eric Jackson: Bitdeer Defies AI Cooling Narrative
• Neutral Sentiment: Short‑interest data flagged a “large increase” for March but the published figures show 0 shares and NaN changes — the printed days‑to‑cover is 0.0 days, indicating a likely data/reporting error; not meaningful until clarified by an authoritative short‑interest release.
• Negative Sentiment: Zacks downgraded BTDR from “hold” to “strong sell,” a headline that typically triggers selling pressure from fund managers and retail traders sensitive to third‑party ratings. Zacks Downgrades BTDR to Strong Sell
• Negative Sentiment: Northland Securities cut Q1–Q4 and FY2026 EPS estimates (FY2026 now -$1.46 vs prior -$1.35), and trimmed quarterly forecasts repeatedly — analyst downgrades widen the gap with consensus and increase downside risk as expectations fall. Northland Lowers 2026 EPS Estimates for BTDR
• Negative Sentiment: Recent financials remain mixed: the company reported an EPS miss in February (reported -$0.73 vs. consensus -$0.14) despite strong revenue growth, leaving profitability concerns top of mind for skeptics and reinforcing sell‑side caution. BTDR Earnings Recap

Bitdeer Technologies Group Company Profile

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.