Bitdeer Technologies Group (BTDR) Projected to Post Earnings on Monday

Bitdeer Technologies Group (NASDAQ:BTDR) will likely be releasing its Q1 2025 earnings data before the market opens on Monday, May 12th. Analysts expect Bitdeer Technologies Group to post earnings of ($0.50) per share and revenue of $68.35 million for the quarter.

Bitdeer Technologies Group Price Performance

Shares of NASDAQ:BTDR opened at $14.09 on Friday. The company has a market capitalization of $1.58 billion, a PE ratio of -27.10 and a beta of 2.24. Bitdeer Technologies Group has a 1-year low of $5.25 and a 1-year high of $26.99. The business has a fifty day moving average price of $9.68 and a 200-day moving average price of $13.77.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Needham & Company LLC reduced their price target on shares of Bitdeer Technologies Group from $15.00 to $13.00 and set a “buy” rating for the company in a research report on Monday, April 21st. Rosenblatt Securities lowered their price objective on shares of Bitdeer Technologies Group from $25.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, April 10th. HC Wainwright reiterated a “buy” rating and set a $21.00 target price (down from $22.00) on shares of Bitdeer Technologies Group in a research report on Wednesday, February 26th. Roth Mkm restated a “buy” rating and set a $23.50 target price (down previously from $29.00) on shares of Bitdeer Technologies Group in a research note on Wednesday, February 26th. Finally, Keefe, Bruyette & Woods assumed coverage on Bitdeer Technologies Group in a research report on Monday, January 27th. They issued an “outperform” rating and a $26.50 price objective on the stock. Ten equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $19.50.

About Bitdeer Technologies Group

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account.