Bitdeer Technologies Group (BTDR) to Release Earnings on Tuesday

Bitdeer Technologies Group (NASDAQ:BTDR) will likely be releasing its earnings data before the market opens on Tuesday, February 25th. Analysts expect Bitdeer Technologies Group to post earnings of ($0.23) per share and revenue of $70.85 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Bitdeer Technologies Group Stock Performance

Shares of NASDAQ:BTDR opened at $13.09 on Monday. Bitdeer Technologies Group has a fifty-two week low of $5.23 and a fifty-two week high of $26.99. The business has a 50-day simple moving average of $19.22 and a two-hundred day simple moving average of $12.77. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of -25.16 and a beta of 2.04.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BTDR. Northland Securities boosted their target price on Bitdeer Technologies Group from $20.00 to $24.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. HC Wainwright upped their price target on shares of Bitdeer Technologies Group from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Keefe, Bruyette & Woods began coverage on shares of Bitdeer Technologies Group in a research report on Monday, January 27th. They set an “outperform” rating and a $26.50 price target for the company. B. Riley upped their price target on shares of Bitdeer Technologies Group from $15.00 to $24.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Finally, Benchmark upped their price target 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. Eleven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $22.23.

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.