Roth Capital Brokers Reduce Earnings Estimates for BTDR

Bitdeer Technologies Group (NASDAQ:BTDR - Free Report) - Equities researchers at Roth Capital decreased their Q2 2025 earnings per share (EPS) estimates for Bitdeer Technologies Group in a research note issued to investors on Wednesday, July 9th. Roth Capital analyst D. Aftahi now forecasts that the company will earn ($0.17) per share for the quarter, down from their previous 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.

Several other equities analysts also recently issued reports on the stock. B. Riley decreased their price objective on shares of Bitdeer Technologies Group from $18.00 to $17.00 and set a "buy" rating for the company in a research note on Thursday, July 10th. Benchmark restated a "buy" rating and issued a $24.00 price objective on shares of Bitdeer Technologies Group in a research note on Monday, May 12th. Needham & Company LLC upped their price objective on shares of Bitdeer Technologies Group from $13.00 to $17.00 and gave the company a "buy" rating in a research note on Friday, May 16th. Rosenblatt Securities reiterated a "buy" rating and set a $20.00 target price on shares of Bitdeer Technologies Group in a research note on Monday, June 16th. Finally, Cantor Fitzgerald increased their target price on shares of Bitdeer Technologies Group from $21.00 to $23.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Bitdeer Technologies Group presently has an average rating of "Buy" and an average price target of $21.00.

Bitdeer Technologies Group Trading Up 1.9%

NASDAQ:BTDR traded up $0.25 during trading hours on Monday, hitting $13.75. The company's stock had a trading volume of 3,519,348 shares, compared to its average volume of 5,239,207. The stock has a market capitalization of $1.54 billion, a P/E ratio of -3.37 and a beta of 2.22. The stock has a fifty day moving average of $13.27 and a 200-day moving average of $13.33. Bitdeer Technologies Group has a 52-week low of $5.40 and a 52-week high of $26.99.

Institutional Investors Weigh In On Bitdeer Technologies Group

A number of hedge funds have recently added to or reduced their stakes in the company. Trivest Advisors Ltd acquired a new stake in Bitdeer Technologies Group in the fourth quarter valued at about $48,481,000. FengHe Fund Management Pte. Ltd. lifted its position in Bitdeer Technologies Group by 178.2% in the first quarter. FengHe Fund Management Pte. Ltd. now owns 1,332,200 shares of the company's stock valued at $11,763,000 after purchasing an additional 853,300 shares during the period. Renaissance Technologies LLC lifted its position in Bitdeer Technologies Group by 3,558.6% in the fourth quarter. Renaissance Technologies LLC now owns 1,240,261 shares of the company's stock valued at $26,876,000 after purchasing an additional 1,206,361 shares during the period. Vident Advisory LLC lifted its position in Bitdeer Technologies Group by 29.7% in the fourth quarter. Vident Advisory LLC now owns 1,139,619 shares of the company's stock valued at $24,696,000 after purchasing an additional 260,649 shares during the period. Finally, Voloridge Investment Management LLC acquired a new stake in Bitdeer Technologies Group in the fourth quarter valued at about $16,834,000. Institutional investors and hedge funds 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.