Bitdeer Technologies Group (BTDR) Projected to Post Earnings on Monday

Key Points

• Bitdeer Technologies Group (BTDR) is set to announce its Q2 2025 earnings on August 11, expecting a loss of ($0.15) per share and $88.08 million in revenue.
• The company's stock recently saw a midday trading increase of $0.50 to $12.61, with a market cap of $1.41 billion and a PE ratio of -3.09.
• Goldman Sachs raised its stake in Bitdeer by 167.6%, while analysts give the stock an average rating of "Buy" and a consensus price target of $21.00.

Bitdeer Technologies Group (NASDAQ:BTDR - Get Free Report) is projected to announce its Q2 2025 earnings results before the market opens on Monday, August 18th. Analysts expect the company to announce earnings of ($0.15) per share and revenue of $88.08 million for the quarter.

Bitdeer Technologies Group Price Performance

Shares of BTDR traded down $0.37 on Friday, reaching $12.57. 2,374,023 shares of the stock traded hands, compared to its average volume of 3,991,383. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of -3.08 and a beta of 2.23. Bitdeer Technologies Group has a 12 month low of $5.40 and a 12 month high of $26.99. The stock's 50-day moving average price is $12.96 and its 200-day moving average price is $12.52.

Analysts Set New Price Targets

A number of analysts have recently issued reports on BTDR shares. Wall Street Zen upgraded Bitdeer Technologies Group from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Benchmark reaffirmed a "buy" rating and issued a $24.00 price target on shares of Bitdeer Technologies Group in a research note on Monday, May 12th. Cantor Fitzgerald boosted their price target on Bitdeer Technologies Group from $21.00 to $23.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. B. Riley decreased their price target on Bitdeer Technologies Group from $18.00 to $17.00 and set a "buy" rating on the stock in a research note on Thursday, July 10th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $20.00 price target on shares of Bitdeer Technologies Group in a research note on Monday, June 16th. One analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Bitdeer Technologies Group currently has a consensus rating of "Buy" and a consensus target price of $21.00.

Hedge Funds Weigh In On Bitdeer Technologies Group

A hedge fund recently raised its stake in Bitdeer Technologies Group stock. Goldman Sachs Group Inc. grew its holdings in Bitdeer Technologies Group (NASDAQ:BTDR - Free Report) by 167.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 483,022 shares of the company's stock after purchasing an additional 302,548 shares during the quarter. Goldman Sachs Group Inc. owned about 0.43% of Bitdeer Technologies Group worth $4,265,000 as of its most recent filing with the SEC. 22.25% of the stock is 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.