Bitdeer Technologies Group (NASDAQ:BTDR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Bitdeer Technologies Group (NASDAQ:BTDRGet Free Report) have been given an average rating of “Moderate Buy” by the thirteen ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation and twelve have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $29.00.

A number of brokerages have recently issued reports on BTDR. Roth Capital reaffirmed a “buy” rating and set a $40.00 target price on shares of Bitdeer Technologies Group in a research report on Wednesday, October 15th. Benchmark reaffirmed a “buy” rating on shares of Bitdeer Technologies Group in a research note on Monday, October 20th. B. Riley decreased their target price on shares of Bitdeer Technologies Group from $32.00 to $29.00 and set a “buy” rating for the company in a report on Wednesday, November 12th. Jones Trading assumed coverage on shares of Bitdeer Technologies Group in a report on Monday, October 6th. They set a “buy” rating and a $32.00 price target on the stock. Finally, Needham & Company LLC upped their price target on shares of Bitdeer Technologies Group from $17.00 to $30.00 and gave the company a “buy” rating in a research report on Thursday, October 16th.

Read Our Latest Analysis on Bitdeer Technologies Group

Bitdeer Technologies Group Stock Up 0.8%

NASDAQ BTDR opened at $11.40 on Thursday. Bitdeer Technologies Group has a 12 month low of $6.84 and a 12 month high of $27.80. The company has a market capitalization of $2.41 billion, a P/E ratio of -2.02 and a beta of 2.31. The company’s 50 day simple moving average is $15.57 and its 200 day simple moving average is $14.84. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.90 and a quick ratio of 0.74.

Bitdeer Technologies Group (NASDAQ:BTDRGet Free Report) last posted its quarterly earnings results on Monday, November 10th. The company reported ($1.28) earnings per share (EPS) 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 business had revenue of $169.71 million during the quarter, compared to analyst estimates of $151.80 million. During the same quarter last year, the firm posted ($0.35) EPS. The company’s quarterly revenue was up 173.7% compared to the same quarter last year. Equities research analysts expect that Bitdeer Technologies Group will post -0.73 earnings per share for the current fiscal year.

More Bitdeer Technologies Group News

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Advisors Asset Management Inc. lifted its stake in Bitdeer Technologies Group by 68.4% in the 2nd quarter. Advisors Asset Management Inc. now owns 2,570 shares of the company’s stock worth $30,000 after acquiring an additional 1,044 shares in the last quarter. Amalgamated Bank acquired a new position in shares of Bitdeer Technologies Group in the 2nd quarter valued at about $35,000. Tower Research Capital LLC TRC lifted its position 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 purchasing an additional 7,157 shares in the last quarter. Ameritas Investment Partners Inc. purchased a new stake in shares of Bitdeer Technologies Group in the second quarter worth approximately $105,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Bitdeer Technologies Group during the second quarter worth approximately $129,000. Hedge funds and other institutional investors own 22.25% of the company’s stock.

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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