Bitdeer Technologies Group (NASDAQ:BTDR - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Monday, May 12th. Analysts expect Bitdeer Technologies Group to post earnings of ($0.50) per share and revenue of $68.35 million for the quarter.
Bitdeer Technologies Group Price Performance
Shares of BTDR stock opened at $10.97 on Monday. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of -21.10 and a beta of 2.24. The company's fifty day simple moving average is $9.60 and its two-hundred day simple moving average is $13.67. Bitdeer Technologies Group has a 1 year low of $5.25 and a 1 year high of $26.99.
Analyst Upgrades and Downgrades
Several research analysts have commented on BTDR shares. Rosenblatt Securities cut their target price on Bitdeer Technologies Group from $25.00 to $12.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. HC Wainwright reaffirmed a "buy" rating and set a $21.00 target price (down previously from $22.00) on shares of Bitdeer Technologies Group in a report on Wednesday, February 26th. Roth Mkm reissued a "buy" rating and issued a $23.50 price target (down from $29.00) on shares of Bitdeer Technologies Group in a report on Wednesday, February 26th. Keefe, Bruyette & Woods assumed coverage on shares of Bitdeer Technologies Group in a report on Monday, January 27th. They issued an "outperform" rating and a $26.50 price target on the stock. Finally, Benchmark dropped their price objective on Bitdeer Technologies Group from $29.00 to $24.00 and set a "buy" rating for the company in a research note on Wednesday, February 26th. Ten research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $19.50.
Check Out Our Latest Stock Report on BTDR
Bitdeer Technologies Group Company Profile
(
Get Free Report)
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.
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