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

Bitdeer Technologies Group logo with Business Services background

Bitdeer Technologies Group (NASDAQ:BTDR - Get Free Report) will be announcing its earnings results before the market opens on Monday, November 18th. Analysts expect the company to announce earnings of ($0.19) per share for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

Bitdeer Technologies Group (NASDAQ:BTDR - Get Free Report) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($0.06). The company had revenue of $99.23 million for the quarter, compared to the consensus estimate of $110.79 million. Bitdeer Technologies Group had a negative net margin of 5.69% and a negative return on equity of 2.56%. On average, analysts expect Bitdeer Technologies Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Bitdeer Technologies Group Stock Performance

Shares of BTDR stock traded up $2.38 during trading hours on Monday, reaching $11.34. 10,407,271 shares of the company's stock were exchanged, compared to its average volume of 2,113,170. Bitdeer Technologies Group has a fifty-two week low of $3.69 and a fifty-two week high of $14.27. The stock's 50 day moving average is $7.42 and its 200-day moving average is $7.81.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Cantor Fitzgerald restated an "overweight" rating and issued a $13.00 price objective on shares of Bitdeer Technologies Group in a research note on Thursday, October 3rd. HC Wainwright reduced their target price on Bitdeer Technologies Group from $20.00 to $17.00 and set a "buy" rating for the company in a research note on Tuesday, August 13th. Northland Securities initiated coverage on Bitdeer Technologies Group in a report on Wednesday, October 9th. They issued an "outperform" rating and a $13.00 price objective on the stock. Northland Capmk raised Bitdeer Technologies Group to a "strong-buy" rating in a report on Wednesday, October 9th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $9.00 price target on shares of Bitdeer Technologies Group in a research note on Tuesday, October 8th. Ten equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Bitdeer Technologies Group currently has an average rating of "Buy" and an average price target of $13.70.

Read Our Latest Report on Bitdeer Technologies Group

Bitdeer Technologies Group Company Profile

(Get Free Report)

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 for Bitdeer Technologies Group (NASDAQ:BTDR)

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