Equities Analysts Set Expectations for BTDR Q1 Earnings

Bitdeer Technologies Group (NASDAQ:BTDR - Free Report) - Research analysts at Roth Capital decreased their Q1 2025 earnings per share estimates for shares of Bitdeer Technologies Group in a research report issued on Wednesday, February 26th. Roth Capital analyst D. Aftahi now expects that the company will earn ($0.46) per share for the quarter, down from their previous estimate of ($0.22). The consensus estimate for Bitdeer Technologies Group's current full-year earnings is ($0.73) per share. Roth Capital also issued estimates for Bitdeer Technologies Group's Q2 2025 earnings at ($0.10) EPS, Q3 2025 earnings at $0.01 EPS, Q4 2025 earnings at $0.34 EPS, FY2025 earnings at ($0.16) EPS and FY2026 earnings at $1.54 EPS.

Other analysts have also issued reports about the company. Keefe, Bruyette & Woods started coverage on Bitdeer Technologies Group in a research report on Monday, January 27th. They issued an "outperform" rating and a $26.50 price objective for the company. Roth Mkm reiterated a "buy" rating and set a $23.50 price target (down previously from $29.00) on shares of Bitdeer Technologies Group in a research report on Wednesday, February 26th. B. Riley boosted their price target on shares of Bitdeer Technologies Group from $15.00 to $24.00 and gave the stock a "buy" rating in a research note on Thursday, December 19th. Needham & Company LLC reduced their price objective on shares of Bitdeer Technologies Group from $22.00 to $18.00 and set a "buy" rating on the stock in a research note on Wednesday, February 26th. Finally, Northland Securities upped their target price on shares of Bitdeer Technologies Group from $20.00 to $24.00 and gave the company an "outperform" rating in a research report on Friday, January 10th. Eleven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $21.18.

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Bitdeer Technologies Group Price Performance

Shares of NASDAQ BTDR traded down $0.73 during midday trading on Monday, hitting $10.95. The stock had a trading volume of 6,678,812 shares, compared to its average volume of 7,326,626. The firm has a market cap of $1.23 billion, a P/E ratio of -21.06 and a beta of 2.12. Bitdeer Technologies Group has a fifty-two week low of $5.23 and a fifty-two week high of $26.99. The company's 50-day simple moving average is $17.35 and its 200 day simple moving average is $12.93.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of BTDR. Quarry LP bought a new position in Bitdeer Technologies Group during the 4th quarter worth approximately $42,000. Stonebridge Financial Group LLC bought a new position in Bitdeer Technologies Group during the 4th quarter worth approximately $65,000. Public Employees Retirement System of Ohio bought a new position in Bitdeer Technologies Group during the 3rd quarter worth approximately $66,000. SBI Securities Co. Ltd. bought a new position in Bitdeer Technologies Group during the 4th quarter worth approximately $79,000. Finally, Centiva Capital LP bought a new position in Bitdeer Technologies Group during the 3rd quarter worth approximately $91,000. Institutional investors own 22.25% of the company's stock.

About Bitdeer Technologies Group

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.