Bitdeer Technologies Group (BTDR) to Release Quarterly Earnings on Tuesday

Bitdeer Technologies Group (NASDAQ:BTDR - Get Free Report) is expected to release its earnings data before the market opens on Tuesday, February 25th. Analysts expect Bitdeer Technologies Group to post earnings of ($0.22) per share and revenue of $70.85 million for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Bitdeer Technologies Group Stock Down 12.4 %

Shares of Bitdeer Technologies Group stock traded down $1.85 on Friday, hitting $13.09. 8,397,061 shares of the company's stock traded hands, compared to its average volume of 6,804,821. The firm's 50-day moving average is $19.38 and its 200 day moving average is $12.66. The stock has a market cap of $1.47 billion, a P/E ratio of -25.16 and a beta of 2.04. Bitdeer Technologies Group has a 52-week low of $5.23 and a 52-week high of $26.99.

Analysts Set New Price Targets

A number of equities analysts recently commented on BTDR shares. Roth Mkm lifted their price target on Bitdeer Technologies Group from $15.00 to $29.00 and gave the stock a "buy" rating in a research note on Tuesday, December 17th. Needham & Company LLC lifted their target price on Bitdeer Technologies Group from $14.00 to $22.00 and gave the stock a "buy" rating in a research report on Monday, January 13th. Rosenblatt Securities upped their price target on Bitdeer Technologies Group from $22.00 to $30.00 and gave the company a "buy" rating in a research report on Wednesday, February 5th. B. Riley lifted their price objective on shares of Bitdeer Technologies Group from $15.00 to $24.00 and gave the stock a "buy" rating in a report on Thursday, December 19th. Finally, HC Wainwright increased their target price on shares of Bitdeer Technologies Group from $17.00 to $18.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. Eleven 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 company currently has an average rating of "Buy" and a consensus target price of $22.23.

Bitdeer Technologies Group Company Profile

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.