FY2025 Earnings Estimate for BTDR Issued By B. Riley

Bitdeer Technologies Group (NASDAQ:BTDR) – Research analysts at B. Riley increased their FY2025 EPS estimates for shares of Bitdeer Technologies Group in a research note issued on Wednesday, February 12th. B. Riley analyst N. Giles now expects that the company will post earnings per share of $0.60 for the year, up from their previous forecast 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.

BTDR has been the subject of several other research reports. HC Wainwright raised their price objective on shares of Bitdeer Technologies Group from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Needham & Company LLC lifted their price target on shares of Bitdeer Technologies Group from $14.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Northland Securities lifted their price target on shares of Bitdeer Technologies Group from $20.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Rosenblatt Securities lifted their price target on shares of Bitdeer Technologies Group from $22.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Finally, Benchmark lifted 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 analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Bitdeer Technologies Group currently has a consensus rating of “Buy” and an average price target of $22.23.

Bitdeer Technologies Group Stock Up 2.6 %

Shares of BTDR stock opened at $16.58 on Thursday. The company has a market cap of $1.86 billion, a price-to-earnings ratio of -31.88 and a beta of 2.04. Bitdeer Technologies Group has a 52 week low of $5.23 and a 52 week high of $26.99. The firm has a 50 day moving average of $19.86 and a 200-day moving average of $12.39.

Hedge Funds Weigh In On Bitdeer Technologies Group

Several large investors have recently bought and sold shares of the stock. Wells Fargo & Company MN lifted 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 valued at $93,000 after acquiring an additional 1,540 shares in the last quarter. Stonebridge Financial Group LLC bought a new stake in shares of Bitdeer Technologies Group during the 4th quarter worth $65,000. SBI Securities Co. Ltd. bought a new stake in shares of Bitdeer Technologies Group during the 4th quarter worth $79,000. Quantbot Technologies LP bought a new stake in shares of Bitdeer Technologies Group during the 4th quarter worth $116,000. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Bitdeer Technologies Group during the 4th quarter worth $171,000. 22.25% of the stock is currently owned by institutional investors.

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.