Financial Comparison: Bitdeer Technologies Group (NASDAQ:BTDR) & BlackBerry (NYSE:BB)

Bitdeer Technologies Group (NASDAQ:BTDR) and BlackBerry (NYSE:BB) are both technology companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, analyst recommendations, earnings, risk, profitability, valuation and institutional ownership.

Volatility and Risk

Bitdeer Technologies Group has a beta of 2.56, suggesting that its stock price is 156% more volatile than the S&P 500. Comparatively, BlackBerry has a beta of 2.2, suggesting that its stock price is 120% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Bitdeer Technologies Group and BlackBerry, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitdeer Technologies Group	1	2	10	0	2.69
BlackBerry	0	7	2	0	2.22

Bitdeer Technologies Group presently has a consensus target price of $21.80, suggesting a potential upside of 178.06%. BlackBerry has a consensus target price of $9.86, suggesting a potential upside of 11.23%. Given Bitdeer Technologies Group’s stronger consensus rating and higher probable upside, equities analysts plainly believe Bitdeer Technologies Group is more favorable than BlackBerry.

Earnings and Valuation

This table compares Bitdeer Technologies Group and BlackBerry”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bitdeer Technologies Group	$620.25 million	2.87	$65.60 million	($3.06)	-2.56
BlackBerry	$614.00 million	8.47	$53.20 million	$0.12	73.85

Bitdeer Technologies Group has higher revenue and earnings than BlackBerry. Bitdeer Technologies Group is trading at a lower price-to-earnings ratio than BlackBerry, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

22.3% of Bitdeer Technologies Group shares are owned by institutional investors. Comparatively, 54.5% of BlackBerry shares are owned by institutional investors. 0.5% of BlackBerry shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Bitdeer Technologies Group and BlackBerry’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bitdeer Technologies Group	-55.15%	-54.72%	-15.20%
BlackBerry	13.09%	13.71%	8.36%

Summary

BlackBerry beats Bitdeer Technologies Group on 8 of the 14 factors compared between the two stocks.

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. The company also operates mining datacenters to generate hash rate; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining machines. The company is headquartered in Singapore.

About BlackBerry

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice and video; BlackBerry SecuSUITE is a certified, multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions. It also provides BlackBerry Technology Solutions (BTS); BlackBerry Certicom, a patented elliptic curve cryptography, which provides device security, anti-counterfeiting and product authentication solutions; BlackBerry Radar offers monitoring and telematics solutions; BlackBerry Professional; and cyber security consulting services. In addition, the company is involved in the patent licensing and legacy service access fees business. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.