Roth Capital Issues Pessimistic Estimate for BTDR Earnings

Bitdeer Technologies Group (NASDAQ:BTDR - Free Report) - Roth Capital decreased their Q2 2025 earnings per share (EPS) estimates for shares of Bitdeer Technologies Group in a research report issued to clients and investors on Wednesday, July 9th. Roth Capital analyst D. Aftahi now anticipates that the company will earn ($0.17) per share for the quarter, down from their prior forecast of ($0.16). The consensus estimate for Bitdeer Technologies Group's current full-year earnings is ($0.73) per share. Roth Capital also issued estimates for Bitdeer Technologies Group's Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at ($0.12) EPS and FY2025 earnings at ($0.79) EPS.

A number of other equities analysts also recently weighed in on BTDR. Rosenblatt Securities restated a "buy" rating and set a $20.00 target price on shares of Bitdeer Technologies Group in a report on Monday, June 16th. Cantor Fitzgerald increased 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. Benchmark restated a "buy" rating and issued a $24.00 price target on shares of Bitdeer Technologies Group in a research note on Monday, May 12th. B. Riley dropped 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. Finally, Needham & Company LLC increased their price target on Bitdeer Technologies Group from $13.00 to $17.00 and gave the company a "buy" rating in a research note on Friday, May 16th. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $21.00.

Bitdeer Technologies Group Price Performance

NASDAQ:BTDR traded up $0.27 during trading hours on Monday, reaching $13.51. 6,409,974 shares of the stock were exchanged, compared to its average volume of 5,685,400. Bitdeer Technologies Group has a twelve month low of $5.40 and a twelve month high of $26.99. The firm has a 50 day moving average of $13.13 and a 200 day moving average of $13.46. The stock has a market cap of $1.51 billion, a PE ratio of -3.31 and a beta of 2.22.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Bitdeer Technologies Group by 3.2% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,358 shares of the company's stock worth $636,000 after purchasing an additional 916 shares during the period. Stonebridge Financial Group LLC increased its position in shares of Bitdeer Technologies Group by 33.3% in the first quarter. Stonebridge Financial Group LLC now owns 4,000 shares of the company's stock worth $35,000 after purchasing an additional 1,000 shares during the period. Public Employees Retirement System of Ohio increased its position in shares of Bitdeer Technologies Group by 14.3% in the fourth quarter. Public Employees Retirement System of Ohio now owns 9,600 shares of the company's stock worth $208,000 after purchasing an additional 1,200 shares during the period. Wells Fargo & Company MN increased its position 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 period. Finally, Quarry LP bought a new position in shares of Bitdeer Technologies Group in the fourth quarter worth $42,000. Institutional investors own 22.25% of the company's stock.

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.