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Bitdeer Technologies Group (BTDR) Stock Forecast & Price Target

Bitdeer Technologies Group logo
$20.49 +2.35 (+12.95%)
(As of 12/20/2024 05:45 PM ET)

Bitdeer Technologies Group - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
11

Based on 11 Wall Street analysts who have issued ratings for Bitdeer Technologies Group in the last 12 months, the stock has a consensus rating of "Buy." Out of the 11 analysts, 10 have given a buy rating, and 1 has given a strong buy rating for BTDR.

Consensus Price Target

$19.80
-3.37% Downside
According to the 11 analysts' twelve-month price targets for Bitdeer Technologies Group, the average price target is $19.80. The highest price target for BTDR is $29.00, while the lowest price target for BTDR is $13.00. The average price target represents a forecasted downside of -3.37% from the current price of $20.49.
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BTDR Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
10 Buy rating(s)
8 Buy rating(s)
1 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$19.80$14.80$14.00$20.00
Forecasted Upside-3.37% Downside32.26% Upside96.35% Upside95.69% Upside
Consensus Rating
Buy
Buy
Buy
Buy

BTDR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BTDR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Bitdeer Technologies Group Stock vs. The Competition

TypeBitdeer Technologies GroupBusiness Services CompaniesS&P 500
Consensus Rating Score
3.09
2.69
2.51
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside-3.37% Downside169.91% Upside14.52% Upside
News Sentiment Rating
Positive News

See Recent BTDR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/19/2024B. Riley
4 of 5 stars
 Boost TargetBuy ➝ Buy$15.00 ➝ $24.00+27.25%
12/17/2024Roth Mkm
1 of 5 stars
 Boost TargetBuy ➝ Buy$15.00 ➝ $29.00+44.42%
12/9/2024Benchmark
2 of 5 stars
 Boost TargetBuy ➝ Buy$16.00 ➝ $29.00+37.44%
12/6/2024Rosenblatt Securities
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 Boost TargetBuy ➝ Buy$17.00 ➝ $22.00+29.56%
12/6/2024Northland Securities
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 Boost TargetOutperform ➝ Outperform$14.00 ➝ $20.00+17.79%
11/19/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$14.00 ➝ $14.00+18.14%
11/19/2024HC Wainwright
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 Boost TargetBuy ➝ Buy$17.00 ➝ $18.00+51.90%
10/9/2024Northland Capmk
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M. Grondahl
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UpgradeStrong-Buy
10/8/2024Alliance Global Partners
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B. Kinstlinger
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Initiated CoverageBuy$14.00+98.30%
10/3/2024Cantor Fitzgerald
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B. Knoblauch
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Reiterated RatingOverweight ➝ Overweight$13.00 ➝ $13.00+90.62%
3/13/2024BTIG Research
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 Initiated CoverageBuy$15.00+138.47%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:28 PM ET.


BTDR Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Bitdeer Technologies Group is $19.80, with a high forecast of $29.00 and a low forecast of $13.00.

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bitdeer Technologies Group in the last year. There are currently 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BTDR shares.

According to analysts, Bitdeer Technologies Group's stock has a predicted downside of -3.37% based on their 12-month stock forecasts.

Over the previous 90 days, Bitdeer Technologies Group's stock had 1 upgrade by analysts.

Bitdeer Technologies Group has been rated by research analysts at Alliance Global Partners, B. Riley, Benchmark, Cantor Fitzgerald, HC Wainwright, Needham & Company LLC, Northland Capmk, Northland Securities, Rosenblatt Securities, and Roth Mkm in the past 90 days.

Analysts like Bitdeer Technologies Group more than other "business services" companies. The consensus rating for Bitdeer Technologies Group is Buy while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how BTDR compares to other companies.


This page (NASDAQ:BTDR) was last updated on 12/21/2024 by MarketBeat.com Staff
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