Bitdeer Technologies Group’s (BTDR) Market Perform Rating Reaffirmed at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods reiterated their market perform rating on shares of Bitdeer Technologies Group (NASDAQ:BTDR) in a research note issued to investors on Tuesday, Marketbeat Ratings reports. Keefe, Bruyette & Woods currently has a $14.00 target price on the stock, down from their prior target price of $26.50.

A number of other equities research analysts have also weighed in on BTDR. Jones Trading began coverage on shares of Bitdeer Technologies Group in a report on Monday, October 6th. They issued a “buy” rating and a $32.00 price objective on the stock. Roth Mkm restated a “buy” rating and issued a $40.00 price target on shares of Bitdeer Technologies Group in a research note on Wednesday, October 15th. Benchmark reaffirmed a “buy” rating on shares of Bitdeer Technologies Group in a research report on Monday, October 20th. BTIG Research reiterated a “buy” rating on shares of Bitdeer Technologies Group in a report on Friday, January 16th. Finally, Needham & Company LLC increased 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 note on Thursday, October 16th. Nine equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.39.

Bitdeer Technologies Group Price Performance

Shares of NASDAQ BTDR opened at $14.39 on Tuesday. The stock’s 50-day moving average is $12.15 and its two-hundred day moving average is $14.92. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.90 and a quick ratio of 0.74. The company has a market cap of $3.05 billion, a price-to-earnings ratio of -2.56 and a beta of 2.33. Bitdeer Technologies Group has a 1-year low of $6.84 and a 1-year high of $27.80.

Bitdeer Technologies Group (NASDAQ:BTDR) last announced its quarterly earnings data on Monday, November 10th. The company reported ($1.28) EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $169.71 million for the quarter, compared to analyst estimates of $151.80 million. During the same period in the prior year, the firm posted ($0.35) earnings per share. The business’s quarterly revenue was up 173.7% compared to the same quarter last year. Analysts forecast that Bitdeer Technologies Group will post -0.73 EPS for the current fiscal year.

Institutional Investors Weigh In On Bitdeer Technologies Group

Several large investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its holdings in shares of Bitdeer Technologies Group by 167.6% during the first quarter. Goldman Sachs Group Inc. now owns 483,022 shares of the company’s stock worth $4,265,000 after purchasing an additional 302,548 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in Bitdeer Technologies Group in the 2nd quarter valued at $129,000. Amalgamated Bank purchased a new position in Bitdeer Technologies Group during the 2nd quarter worth $35,000. Harvest Portfolios Group Inc. lifted its stake in shares of Bitdeer Technologies Group by 76.3% in the 2nd quarter. Harvest Portfolios Group Inc. now owns 64,469 shares of the company’s stock worth $740,000 after acquiring an additional 27,891 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Bitdeer Technologies Group in the second quarter valued at about $207,000. Hedge funds and other institutional investors own 22.25% of the company’s stock.

Bitdeer Technologies Group News Summary

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

• Positive Sentiment: Analyst bullishness — BTIG reiterated a Buy and raised revenue estimates, keeping a higher price target that supports upside expectations for Bitdeer. This positive research note is a plausible catalyst for buying interest. BTDR Pursues Growth (InsiderMonkey)
• Neutral Sentiment: Short‑interest report shows 0 shares and a 0.0 days‑to‑cover figure for late January — the data is likely a reporting anomaly and does not indicate material short pressure or a short‑squeeze. (No external link provided in the release.)
• Negative Sentiment: Multiple law firms have filed or solicited lead‑plaintiff interest in a securities‑class action covering June 6, 2024–Nov 10, 2025; firms involved include Robbins LLP, Bernstein Liebhard, Faruqi & Faruqi, Rosen, Bronstein Gewirtz & Grossman, Schall Law, DJS Law Group and others — the flood of litigation notices increases legal overhang and may pressure the stock, especially with a Feb. 2 lead‑plaintiff deadline. Robbins LLP Class Action Alert
• Negative Sentiment: Keefe, Bruyette & Woods reaffirmed a “market perform” rating but cut their price target sharply to $14 (from $26.50 previously). The lower target signals reduced near‑term upside from that broker and is a negative datapoint for investors. KBW rating/target report

About Bitdeer Technologies Group

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.