B. Riley Analysts Increase Earnings Estimates for BTDR

Bitdeer Technologies Group (NASDAQ:BTDR) – Equities researchers at B. Riley raised their FY2025 EPS estimates for Bitdeer Technologies Group in a research note issued on Wednesday, February 12th. B. Riley analyst N. Giles now forecasts that the company will post earnings of $0.60 per share for the year, up from their prior estimate of $0.58. B. Riley currently has a “Buy” rating and a $24.00 target price on the stock. The consensus estimate for Bitdeer Technologies Group’s current full-year earnings is ($0.73) per share. B. Riley also issued estimates for Bitdeer Technologies Group’s FY2026 earnings at $1.05 EPS.

Several other equities research analysts have also recently weighed in on the company. Rosenblatt Securities increased their price target on Bitdeer Technologies Group from $22.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, February 5th. Benchmark increased their target price on shares of Bitdeer Technologies Group from $16.00 to $29.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Northland Securities raised their price target on shares of Bitdeer Technologies Group from $20.00 to $24.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Keefe, Bruyette & Woods began coverage on shares of Bitdeer Technologies Group in a research note on Monday, January 27th. They issued an “outperform” rating and a $26.50 price objective on the stock. Finally, Roth Mkm lifted their target price on shares of Bitdeer Technologies Group from $15.00 to $29.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Eleven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Bitdeer Technologies Group currently has an average rating of “Buy” and a consensus price target of $22.23.

Bitdeer Technologies Group Stock Performance

NASDAQ BTDR opened at $16.16 on Thursday. Bitdeer Technologies Group has a twelve month low of $5.23 and a twelve month high of $26.99. The stock has a fifty day simple moving average of $19.86 and a 200 day simple moving average of $12.39.

Institutional Investors Weigh In On Bitdeer Technologies Group

A number of large investors have recently bought and sold shares of BTDR. Himension Capital Singapore PTE. LTD. acquired a new position in shares of Bitdeer Technologies Group during the fourth quarter valued at about $7,888,000. HCEP Management Ltd bought a new stake in Bitdeer Technologies Group in the 4th quarter valued at about $11,551,000. Wells Fargo & Company MN raised its stake in Bitdeer Technologies Group by 56.4% during the 4th quarter. Wells Fargo & Company MN now owns 4,270 shares of the company’s stock worth $93,000 after buying an additional 1,540 shares during the period. OLD Mission Capital LLC bought a new position in Bitdeer Technologies Group in the fourth quarter worth approximately $309,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Bitdeer Technologies Group in the fourth quarter valued at approximately $1,754,000. 22.25% of the stock is currently owned by institutional investors and hedge funds.

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.