Q3 Earnings Forecast for BTDR Issued By B. Riley

Bitdeer Technologies Group (NASDAQ:BTDR - Free Report) - Stock analysts at B. Riley issued their Q3 2025 earnings per share estimates for shares of Bitdeer Technologies Group in a research note issued to investors on Monday, April 28th. B. Riley analyst N. Giles forecasts that the company will post earnings of ($0.05) per share for the quarter. 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 FY2027 earnings at $0.29 EPS.

A number of other research analysts also recently issued reports on the stock. Northland Securities boosted their price objective 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. HC Wainwright reiterated a "buy" rating and set a $21.00 price target (down previously from $22.00) on shares of Bitdeer Technologies Group in a research report on Wednesday, February 26th. Needham & Company LLC lowered their price objective on shares of Bitdeer Technologies Group from $15.00 to $13.00 and set a "buy" rating for the company in a report on Monday, April 21st. Roth Mkm reiterated a "buy" rating and set a $23.50 target price (down previously from $29.00) on shares of Bitdeer Technologies Group in a report on Wednesday, February 26th. Finally, Rosenblatt Securities decreased their target price on Bitdeer Technologies Group from $25.00 to $12.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Ten analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Bitdeer Technologies Group currently has an average rating of "Buy" and an average target price of $19.50.

Bitdeer Technologies Group Stock Down 6.2 %

Shares of BTDR traded down $0.68 during mid-day trading on Wednesday, hitting $10.30. 2,072,917 shares of the company's stock traded hands, compared to its average volume of 4,598,865. The firm has a market capitalization of $1.15 billion, a P/E ratio of -19.76 and a beta of 2.24. The business's 50-day moving average price is $9.60 and its 200-day moving average price is $13.67. Bitdeer Technologies Group has a 1 year low of $5.25 and a 1 year high of $26.99.

Institutional Trading of Bitdeer Technologies Group

A number of institutional investors and hedge funds have recently bought and sold shares of BTDR. Quarry LP purchased a new stake in shares of Bitdeer Technologies Group during the fourth quarter valued at approximately $42,000. Stonebridge Financial Group LLC purchased a new stake in Bitdeer Technologies Group during the 4th quarter valued at $65,000. SBI Securities Co. Ltd. bought a new stake in shares of Bitdeer Technologies Group in the 4th quarter worth $79,000. Wells Fargo & Company MN raised its stake in shares of Bitdeer Technologies Group by 56.4% in the fourth quarter. Wells Fargo & Company MN now owns 4,270 shares of the company's stock worth $93,000 after purchasing an additional 1,540 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Bitdeer Technologies Group during the fourth quarter valued at $116,000. 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.