Bitdeer Technologies Group (NASDAQ:BTDR) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Bitdeer Technologies Group (NASDAQ:BTDR) have received a consensus recommendation of “Moderate Buy” from the twelve brokerages that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and ten have given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $27.40.

A number of research analysts have recently commented on the stock. BTIG Research reissued a “buy” rating on shares of Bitdeer Technologies Group in a research report on Friday, January 16th. Cantor Fitzgerald decreased their price objective on shares of Bitdeer Technologies Group to $34.00 and set an “overweight” rating for the company in a research report on Tuesday, December 16th. HC Wainwright lowered their target price on Bitdeer Technologies Group from $30.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday. Rosenblatt Securities dropped their target price on Bitdeer Technologies Group from $30.00 to $18.00 and set a “buy” rating on the stock in a research report on Monday. Finally, UBS Group reiterated a “buy” rating on shares of Bitdeer Technologies Group in a research note on Thursday.

Bitdeer Technologies Group News Summary

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

• Positive Sentiment: Very strong top-line growth and reported GAAP net profit — Q4 revenue jumped to $224.8M (vs. $69.0M a year ago) and Bitdeer reported a GAAP net profit of $70.5M; adjusted EBITDA turned positive. These results support management’s narrative that the business is scaling and monetizing self-mining + AI/colocation assets. QuiverQuant: Q4 results
• Neutral Sentiment: Analysts trimmed upside but kept bullish view — HC Wainwright cut its price target from $30 to $25 while maintaining a Buy, so some conviction remains but expectations were moderated. StreetInsider: PT lowered
• Neutral Sentiment: Short-interest reports in the newsfeed are inconsistent (showing zero), so they provide no clear signal on bearish positioning at the moment.
• Negative Sentiment: EPS missed consensus materially — the company reported ($0.73) EPS vs. a consensus loss around ($0.14), which is a headline negative for traders focused on per‑share metrics. Zacks: EPS miss
• Negative Sentiment: Cash flow and balance-sheet concerns — Q4 operating cash used was very large (~$599.5M for the period reported), cash on hand fell to ~$149M, and total borrowings/derivative liabilities remain substantial. That raises near-term liquidity and earnings-quality questions (GAAP net profit was helped by large non‑cash derivative gains). Company press release / financials
• Negative Sentiment: Analyst reaction and negative headlines — some outlets published pessimistic forecasts and reported a post‑earnings downgrade/weakness, adding pressure to the stock in the session. AmericanBankingNews: pessimistic forecast AmericanBankingNews: shares down after analyst note

Hedge Funds Weigh In On Bitdeer Technologies Group

Several institutional investors and hedge funds have recently made changes to their positions in BTDR. Goldman Sachs Group Inc. increased its stake in shares of Bitdeer Technologies Group by 167.6% in the first quarter. Goldman Sachs Group Inc. now owns 483,022 shares of the company’s stock worth $4,265,000 after buying an additional 302,548 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in Bitdeer Technologies Group during the 2nd quarter valued at $129,000. Amalgamated Bank acquired a new position in Bitdeer Technologies Group during the 2nd quarter worth $35,000. Harvest Portfolios Group Inc. grew its holdings in Bitdeer Technologies Group by 76.3% during 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 in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Bitdeer Technologies Group in the 2nd quarter worth about $207,000. 22.25% of the stock is currently owned by hedge funds and other institutional investors.

Bitdeer Technologies Group Price Performance

BTDR stock opened at $10.37 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.74 and a current ratio of 0.90. Bitdeer Technologies Group has a 1 year low of $6.84 and a 1 year high of $27.80. The firm has a market cap of $2.20 billion, a P/E ratio of -1.84 and a beta of 2.33. The stock has a 50-day simple moving average of $12.29 and a 200-day simple moving average of $14.79.

Bitdeer Technologies Group (NASDAQ:BTDR) last released its quarterly earnings results on Thursday, February 12th. The company reported ($0.73) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.59). 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 $224.84 million for the quarter, compared to analyst estimates of $208.25 million. Bitdeer Technologies Group’s revenue was up 225.8% on a year-over-year basis. On average, equities analysts predict that Bitdeer Technologies Group will post -0.73 earnings per share for the current fiscal year.

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.