BTDR Stock Gets Lower EPS Estimate from Northland Securities

Bitdeer Technologies Group (NASDAQ:BTDR) – Equities researchers at Northland Securities lowered their Q3 2026 earnings estimates for shares of Bitdeer Technologies Group in a research note issued to investors on Tuesday, November 10th. Northland Securities analyst M. Grondahl now anticipates that the company will post earnings per share of ($0.46) for the quarter, down from their previous forecast of ($0.27). The consensus estimate for Bitdeer Technologies Group’s current full-year earnings is ($1.68) per share. Northland Securities also issued estimates for Bitdeer Technologies Group’s Q4 2026 earnings at ($0.36) EPS and FY2026 earnings at ($1.86) EPS.

Bitdeer Technologies Group (NASDAQ:BTDR) last released its earnings results on Tuesday, November 10th. The company reported ($0.46) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by ($0.13). The business had revenue of $320.75 million during the quarter, compared to the consensus estimate of $258.18 million. Bitdeer Technologies Group had a negative net margin of 31.84% and a negative return on equity of 34.08%. The business’s revenue was up 89.0% on a year-over-year basis. During the same period in the prior year, the company earned ($1.28) earnings per share.

A number of other research analysts also recently issued reports on BTDR. Wall Street Zen upgraded Bitdeer Technologies Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, October 31st. Cantor Fitzgerald reiterated an “overweight” rating on shares of Bitdeer Technologies Group in a research note on Monday, October 26th. HC Wainwright reiterated a “buy” rating on shares of Bitdeer Technologies Group in a research note on Wednesday. Benchmark reissued a “buy” rating on shares of Bitdeer Technologies Group in a report on Tuesday, August 11th. Finally, Weiss Ratings lowered shares of Bitdeer Technologies Group from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Friday, October 2nd. Ten analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $21.10.

Bitdeer Technologies Group Stock Performance

Shares of Bitdeer Technologies Group stock opened at $7.03 on Thursday. The business’s fifty day simple moving average is $9.55 and its 200 day simple moving average is $11.39. The firm has a market capitalization of $1.60 billion, a P/E ratio of -3.14 and a beta of 2.72. Bitdeer Technologies Group has a 12 month low of $5.03 and a 12 month high of $20.72. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.20.

Institutional Trading of Bitdeer Technologies Group

A number of large investors have recently bought and sold shares of the company. GAMMA Investing LLC lifted its position in shares of Bitdeer Technologies Group by 57.3% during the 2nd quarter. GAMMA Investing LLC now owns 2,476 shares of the company’s stock valued at $39,000 after buying an additional 902 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in Bitdeer Technologies Group in the 2nd quarter worth about $66,000. SBI Securities Co. Ltd. increased its holdings in Bitdeer Technologies Group by 80.7% in the 3rd quarter. SBI Securities Co. Ltd. now owns 4,621 shares of the company’s stock worth $48,000 after acquiring an additional 2,064 shares during the last quarter. Hollencrest Capital Management purchased a new stake in Bitdeer Technologies Group in the 1st quarter worth about $43,000. Finally, Activest Wealth Management raised its stake in Bitdeer Technologies Group by 150.0% in the 3rd quarter. Activest Wealth Management now owns 5,000 shares of the company’s stock valued at $52,000 after acquiring an additional 3,000 shares during the period. 22.25% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider Haris Basit acquired 25,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were acquired at an average price of $8.84 per share, for a total transaction of $221,000.00. Following the completion of the purchase, the insider owned 35,000 shares in the company, valued at approximately $309,400. This trade represents a 250.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Bitdeer Technologies Group News Summary

Here’s some of the latest news about BTDR:

• Positive Sentiment: Revenue for the September quarter was $320.75 million, up 89% year over year and well above estimates of $258.18 million. That growth may help support optimism despite the earnings miss. Bitdeer reports Q3 loss, beats revenue estimates
• Positive Sentiment: Bitdeer said it is targeting crypto-mining infrastructure capital spending at or below $200 million, while Tydal’s first phase remains on schedule for year-end delivery. Spending discipline and project progress could reassure investors about execution and capital needs. Bitdeer capex and Tydal update
• Negative Sentiment: Bitdeer lost $0.46 per share, missing the $0.33 loss analysts expected. Northland also cut its Q3, Q4 and full-year 2026 EPS forecasts, with its FY estimate moving to a $1.86 loss from a $1.54 loss. These revisions point to weaker near-term profitability and may weigh on the stock. Bitdeer shares gap down following weak earnings

Bitdeer Technologies Group Company Profile

Bitdeer Technologies Group is a technology company focused on cryptocurrency mining and related infrastructure. Its business includes operating mining data centers, mining digital assets for its own account, and providing hosting services that allow customers to deploy and operate mining equipment. The company also develops and sells cryptocurrency mining machines and offers cloud hash rate services, which provide customers access to computing capacity for mining without requiring them to operate the equipment themselves.