Research Analysts Offer Predictions for BTDR Q3 Earnings

Key Points

• HC Wainwright forecasts a Q3 2026 loss of $0.28 per share for Bitdeer Technologies Group and maintains a “Buy” rating. It also projects a return to profitability in 2027, with estimated full-year EPS of $2.40.
• Analyst sentiment is broadly positive: BTDR has a consensus rating of “Moderate Buy” from 14 analysts, with an average price target of $23.27, although targets range from $10 to $25.
• Bitdeer shares opened at $10.91, near their 50-day moving average and well below the 52-week high of $27.80. The company remains unprofitable, reporting a recent quarterly loss of $0.37 per share and a negative net margin of 55.15%.

Bitdeer Technologies Group (NASDAQ:BTDR - Free Report) - Equities researchers at HC Wainwright issued their Q3 2026 EPS estimates for shares of Bitdeer Technologies Group in a note issued to investors on Friday, October 2nd. HC Wainwright analyst M. Colonnese forecasts that the company will earn ($0.28) per share for the quarter. HC Wainwright currently has a "Buy" rating on the stock. The consensus estimate for Bitdeer Technologies Group's current full-year earnings is ($1.72) per share. HC Wainwright also issued estimates for Bitdeer Technologies Group's Q4 2026 earnings at ($0.25) EPS, FY2026 earnings at ($1.59) EPS, Q1 2027 earnings at $0.30 EPS, Q2 2027 earnings at $0.66 EPS, Q3 2027 earnings at $0.69 EPS, Q4 2027 earnings at $0.75 EPS and FY2027 earnings at $2.40 EPS.

Several other equities analysts have also issued reports on the stock. Benchmark reiterated a "buy" rating on shares of Bitdeer Technologies Group in a report on Tuesday, August 11th. Cantor Fitzgerald upgraded Bitdeer Technologies Group from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $15.00 to $18.00 in a research note on Wednesday, August 5th. Barclays began coverage on Bitdeer Technologies Group in a report on Thursday, August 20th. They issued an "overweight" rating and a $15.00 target price on the stock. Rosenblatt Securities restated a "buy" rating and set a $25.00 price target on shares of Bitdeer Technologies Group in a report on Tuesday, September 15th. Finally, Keefe, Bruyette & Woods dropped their price target on shares of Bitdeer Technologies Group from $14.00 to $10.00 and set a "market perform" rating on the stock in a research note on Thursday, August 13th. Eleven equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Bitdeer Technologies Group currently has a consensus rating of "Moderate Buy" and an average target price of $23.27.

Bitdeer Technologies Group Price Performance

Shares of BTDR opened at $10.91 on Wednesday. Bitdeer Technologies Group has a fifty-two week low of $6.92 and a fifty-two week high of $27.80. The firm's 50-day simple moving average is $10.95 and its two-hundred day simple moving average is $12.55. The stock has a market cap of $2.48 billion, a PE ratio of -3.57 and a beta of 2.56. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.01 and a current ratio of 1.01.

Bitdeer Technologies Group (NASDAQ:BTDR - Get Free Report) last issued its quarterly earnings results on Tuesday, June 30th. The company reported ($0.37) earnings per share (EPS) for the quarter. Bitdeer Technologies Group had a negative return on equity of 54.72% and a negative net margin of 55.15%.The business had revenue of $228.78 million during the quarter.

Insider Activity at Bitdeer Technologies Group

In other Bitdeer Technologies Group news, insider Haris Basit acquired 25,000 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were acquired at an average cost of $8.84 per share, with a total value of $221,000.00. Following the transaction, the insider owned 35,000 shares of the company's stock, valued at $309,400. The trade was a 250.00% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Michael Potter bought 25,000 shares of the business's stock in a transaction on Wednesday, August 12th. The shares were acquired at an average price of $9.04 per share, for a total transaction of $226,000.00. Following the completion of the purchase, the chief financial officer owned 25,000 shares in the company, valued at approximately $226,000. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing.

Institutional Investors Weigh In On Bitdeer Technologies Group

Several institutional investors have recently modified their holdings of BTDR. GAMMA Investing LLC boosted its holdings in Bitdeer Technologies Group by 57.3% in the second quarter. GAMMA Investing LLC now owns 2,476 shares of the company's stock worth $39,000 after purchasing an additional 902 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Bitdeer Technologies Group by 9.5% during the 1st quarter. The Manufacturers Life Insurance Company now owns 33,940 shares of the company's stock valued at $294,000 after buying an additional 2,950 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in Bitdeer Technologies Group during the 2nd quarter valued at $66,000. Royal Bank of Canada lifted its holdings in shares of Bitdeer Technologies Group by 80.2% during the 1st quarter. Royal Bank of Canada now owns 9,548 shares of the company's stock valued at $83,000 after buying an additional 4,250 shares during the period. Finally, CI Investments Inc. lifted its holdings in shares of Bitdeer Technologies Group by 40.5% during the 1st quarter. CI Investments Inc. now owns 15,424 shares of the company's stock valued at $133,000 after buying an additional 4,447 shares during the period. 22.25% of the stock is owned by hedge funds and other institutional investors.

About Bitdeer Technologies Group

Bitdeer Technologies Group is a Singapore-based technology company focused on cryptocurrency mining and high-performance computing. The company operates an integrated platform that includes digital asset mining, mining-machine hosting and hash-rate sharing services for institutional and individual customers.

Bitdeer also develops proprietary cryptocurrency-mining hardware under the SEALMINER brand. Its activities span the design, production and deployment of application-specific integrated circuit (ASIC) mining machines, as well as the operation of data centers that support its own mining activities and hosting customers.

The company operates data-center and mining infrastructure across multiple international markets, including North America, Europe and Asia.

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