Equities Analysts Offer Predictions for BTDR Q2 Earnings

Bitdeer Technologies Group (NASDAQ:BTDRFree Report) – Investment analysts at Northland Capmk decreased their Q2 2025 earnings estimates for shares of Bitdeer Technologies Group in a report issued on Monday, June 16th. Northland Capmk analyst M. Grondahl now forecasts that the company will earn ($0.18) per share for the quarter, down from their prior estimate of ($0.17). The consensus estimate for Bitdeer Technologies Group’s current full-year earnings is ($0.73) per share. Northland Capmk also issued estimates for Bitdeer Technologies Group’s FY2025 earnings at ($0.88) EPS.

BTDR has been the topic of several other reports. Rosenblatt Securities restated a “buy” rating and issued a $20.00 price objective on shares of Bitdeer Technologies Group in a report on Monday. HC Wainwright reissued a “buy” rating and issued a $21.00 price target (down previously from $22.00) on shares of Bitdeer Technologies Group in a research note on Wednesday, February 26th. Benchmark restated a “buy” rating and issued a $24.00 price target on shares of Bitdeer Technologies Group in a research report on Monday, May 12th. Needham & Company LLC upped their price objective on Bitdeer Technologies Group from $13.00 to $17.00 and gave the company a “buy” rating in a report on Friday, May 16th. Finally, B. Riley raised their target price on Bitdeer Technologies Group from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, May 28th. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $20.10.

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Bitdeer Technologies Group Price Performance

Shares of NASDAQ:BTDR opened at $11.80 on Wednesday. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of -2.89 and a beta of 2.32. The company has a 50 day moving average of $12.11 and a 200-day moving average of $14.45. Bitdeer Technologies Group has a one year low of $5.40 and a one year high of $26.99.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Yong Rong HK Asset Management Ltd acquired a new stake in shares of Bitdeer Technologies Group during the fourth quarter worth about $65,010,000. Trivest Advisors Ltd bought a new stake in Bitdeer Technologies Group during the 4th quarter worth approximately $48,481,000. FengHe Fund Management Pte. Ltd. increased its stake in Bitdeer Technologies Group by 178.2% during the 1st quarter. FengHe Fund Management Pte. Ltd. now owns 1,332,200 shares of the company’s stock worth $11,763,000 after purchasing an additional 853,300 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Bitdeer Technologies Group by 3,558.6% during the 4th quarter. Renaissance Technologies LLC now owns 1,240,261 shares of the company’s stock worth $26,876,000 after buying an additional 1,206,361 shares during the period. Finally, Vident Advisory LLC lifted its stake in Bitdeer Technologies Group by 29.7% in the fourth quarter. Vident Advisory LLC now owns 1,139,619 shares of the company’s stock valued at $24,696,000 after buying an additional 260,649 shares in the last quarter. 22.25% of the stock is owned by institutional investors and hedge funds.

Bitdeer Technologies Group Company Profile

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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.

See Also

Earnings History and Estimates for Bitdeer Technologies Group (NASDAQ:BTDR)

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