Bitdeer Technologies Group (NASDAQ:BTDR) Given New $22.00 Price Target at Needham & Company LLC

Bitdeer Technologies Group (NASDAQ:BTDR) had its target price lowered by Needham & Company LLC from $30.00 to $22.00 in a research note released on Friday,Benzinga reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also issued reports about the stock. Cantor Fitzgerald decreased their target price on shares of Bitdeer Technologies Group to $34.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 16th. BTIG Research reiterated a “buy” rating on shares of Bitdeer Technologies Group in a research note on Friday, January 16th. B. Riley Financial decreased their price objective on shares of Bitdeer Technologies Group from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. HC Wainwright dropped their target price on shares of Bitdeer Technologies Group from $30.00 to $25.00 and set a “buy” rating for the company in a report on Thursday. Finally, Benchmark reduced their price target on shares of Bitdeer Technologies Group from $38.00 to $27.00 and set a “buy” rating for the company in a research report on Tuesday. Ten equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $26.60.

Bitdeer Technologies Group Price Performance

Shares of BTDR opened at $10.08 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.74 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average is $12.25 and its two-hundred day moving average is $14.76. Bitdeer Technologies Group has a twelve month low of $6.84 and a twelve month high of $27.80. The firm has a market capitalization of $2.13 billion, a PE ratio of -3.21 and a beta of 2.33.

Bitdeer Technologies Group (NASDAQ:BTDR) last posted its quarterly earnings results on Thursday, February 12th. The company reported ($0.73) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.59). Bitdeer Technologies Group had a net margin of 10.58% and a return on equity of 9.48%. The business had revenue of $224.84 million during the quarter, compared to analyst estimates of $208.25 million. Bitdeer Technologies Group’s quarterly revenue was up 225.8% on a year-over-year basis. Research analysts anticipate that Bitdeer Technologies Group will post -0.73 earnings per share for the current year.

Institutional Trading of Bitdeer Technologies Group

Institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC lifted its stake in shares of Bitdeer Technologies Group by 197.7% during the second quarter. Geode Capital Management LLC now owns 1,592,504 shares of the company’s stock valued at $18,280,000 after buying an additional 1,057,552 shares during the period. Great Lakes Advisors LLC acquired a new position in Bitdeer Technologies Group in the 3rd quarter valued at $1,355,000. Harvest Portfolios Group Inc. lifted its stake in shares of Bitdeer Technologies Group by 76.3% during the 2nd quarter. Harvest Portfolios Group Inc. now owns 64,469 shares of the company’s stock worth $740,000 after purchasing an additional 27,891 shares during the period. Highbridge Capital Management LLC acquired a new stake in shares of Bitdeer Technologies Group during the second quarter worth $3,255,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Bitdeer Technologies Group during the second quarter worth $501,000. Hedge funds and other institutional investors own 22.25% of the company’s stock.

Bitdeer Technologies Group News Summary

Here are the key news stories impacting Bitdeer Technologies Group this week:

• Positive Sentiment: Very strong top-line growth and strategic update — Q4 revenue jumped year‑over‑year to about $224.8M and management emphasized a shift into AI/high‑performance compute and colocation that could unlock higher‑margin growth over time. Adjusted EBITDA was reported positive (US$31.2M) and Quiver/press coverage highlighted a GAAP net profit of US$70.5M for Q4. Read More.
• Neutral Sentiment: Consensus and analyst stance remains mixed‑to‑supportive — Street consensus is a “Moderate Buy” even as individual firms adjust targets; the stock still has multiple buy ratings on the books which supports longer‑term upside narratives. Read More.
• Neutral Sentiment: Short‑interest data in recent feeds looks anomalous (shows 0 shares / 0 days to cover) and is likely a data/reporting glitch — not meaningful to the trading move. (No external link; entry flagged in data feed.)
• Negative Sentiment: EPS and margin disappointment — the company reported ($0.73) EPS vs. consensus (~$0.14 loss expected on some publications), and gross margin compressed to ~4.7% in Q4; several outlets noted margin decline as a key negative driver. Read More.
• Negative Sentiment: Cash flow and balance‑sheet pressure — net cash used in operating activities was very large (~US$599.5M for Q4), cash balances fell to ~US$149M, and material borrowings/derivative liabilities remain on the balance sheet — these raise liquidity and funding questions despite the revenue/earnings headlines. Read More.
• Negative Sentiment: Analyst target cuts and downgrades pressured sentiment — Needham and HC Wainwright trimmed price targets (to $22 and $25) and at least one outlet reported an analyst downgrade, contributing to the intra‑day weakness. Read More. Read More.

About Bitdeer Technologies Group

Bitdeer Technologies Group Inc (NASDAQ:BTDR) is a global digital asset mining and computing services provider focused on delivering secure and efficient hashrate solutions to institutional and retail customers. The company leverages its proprietary mining platform to offer hosted mining, hashrate sales and management services, enabling clients to access large-scale mining operations without direct investment in hardware or infrastructure.

Bitdeer’s core offerings include mining hosting services, whereby the firm installs, operates and maintains specialized mining equipment on behalf of customers, and hashrate-as-a-service products that provide fixed-capacity mining power with transparent pricing structures.