What is B. Riley's Estimate for BTDR Q2 Earnings?

Bitdeer Technologies Group (NASDAQ:BTDR - Free Report) - Stock analysts at B. Riley lowered their Q2 2025 earnings estimates for Bitdeer Technologies Group in a research report issued on Wednesday, July 9th. B. Riley analyst N. Giles now forecasts that the company will post earnings of ($0.19) per share for the quarter, down from their prior forecast of ($0.18). B. Riley has a "Buy" rating and a $17.00 price objective 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 Q3 2025 earnings at ($0.09) EPS, Q4 2025 earnings at ($0.21) EPS, FY2025 earnings at ($0.86) EPS, FY2026 earnings at ($0.28) EPS and FY2027 earnings at ($0.22) EPS.

Other analysts have also recently issued reports about the company. Cantor Fitzgerald increased their price target on Bitdeer Technologies Group from $21.00 to $23.00 and gave the stock an "overweight" rating in a research report on Thursday. Needham & Company LLC upped their price objective on Bitdeer Technologies Group from $13.00 to $17.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Rosenblatt Securities reiterated a "buy" rating and issued a $20.00 target price on shares of Bitdeer Technologies Group in a research note on Monday, June 16th. Benchmark reissued a "buy" rating and set a $24.00 price target on shares of Bitdeer Technologies Group in a report on Monday, May 12th. Finally, Wall Street Zen raised shares of Bitdeer Technologies Group from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Bitdeer Technologies Group currently has a consensus rating of "Buy" and an average target price of $21.00.

Bitdeer Technologies Group Price Performance

Shares of NASDAQ:BTDR traded up $0.07 during trading on Friday, reaching $13.24. 4,464,125 shares of the company's stock traded hands, compared to its average volume of 5,202,441. Bitdeer Technologies Group has a 12 month low of $5.40 and a 12 month high of $26.99. The company has a 50 day moving average of $13.08 and a 200-day moving average of $13.68.

Hedge Funds Weigh In On Bitdeer Technologies Group

Large investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Bitdeer Technologies Group by 3.2% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,358 shares of the company's stock worth $636,000 after acquiring an additional 916 shares during the period. Stonebridge Financial Group LLC lifted its position in shares of Bitdeer Technologies Group by 33.3% in the 1st quarter. Stonebridge Financial Group LLC now owns 4,000 shares of the company's stock valued at $35,000 after acquiring an additional 1,000 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in Bitdeer Technologies Group by 14.3% during the fourth quarter. Public Employees Retirement System of Ohio now owns 9,600 shares of the company's stock valued at $208,000 after buying an additional 1,200 shares during the period. Wells Fargo & Company MN boosted its position 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 worth $93,000 after acquiring an additional 1,540 shares during the period. Finally, Quarry LP acquired a new stake in shares of Bitdeer Technologies Group during the fourth quarter worth approximately $42,000. Institutional investors and hedge funds own 22.25% of the company's stock.

Bitdeer Technologies Group Company Profile

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.