Equities Analysts Offer Predictions for BTDR Q2 Earnings

Bitdeer Technologies Group (NASDAQ:BTDR - Free Report) - Equities research analysts at Northland Capmk lowered their Q2 2025 earnings estimates for Bitdeer Technologies Group in a research report issued to clients and investors on Monday, June 16th. Northland Capmk analyst M. Grondahl now expects that the company will earn ($0.18) per share for the quarter, down from their prior forecast of ($0.17). The consensus estimate for Bitdeer Technologies Group's current full-year earnings is ($0.73) per share. Northland Capmk also issued estimates for Bitdeer Technologies Group's FY2025 earnings at ($0.88) EPS.

A number of other research firms have also recently issued reports on BTDR. Roth Mkm restated a "buy" rating and set a $23.50 price target (down from $29.00) on shares of Bitdeer Technologies Group in a report on Wednesday, February 26th. Rosenblatt Securities restated a "buy" rating and set a $20.00 price target on shares of Bitdeer Technologies Group in a report on Monday, June 16th. Wall Street Zen upgraded shares of Bitdeer Technologies Group from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd. HC Wainwright reaffirmed a "buy" rating and set a $21.00 price objective (down previously from $22.00) on shares of Bitdeer Technologies Group in a research report on Wednesday, February 26th. Finally, Benchmark reaffirmed a "buy" rating and set a $24.00 price objective on shares of Bitdeer Technologies Group in a research report on Monday, May 12th. One equities research analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $20.10.

Bitdeer Technologies Group Stock Down 4.4%

BTDR stock traded down $0.52 during mid-day trading on Wednesday, reaching $11.28. 5,396,899 shares of the stock traded hands, compared to its average volume of 5,086,979. Bitdeer Technologies Group has a 52 week low of $5.40 and a 52 week high of $26.99. The business has a 50-day moving average of $12.18 and a two-hundred day moving average of $14.41. The firm has a market capitalization of $1.26 billion, a PE ratio of -2.76 and a beta of 2.32.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BTDR. Yong Rong HK Asset Management Ltd bought a new position in Bitdeer Technologies Group during the fourth quarter worth about $65,010,000. Valliance Asset Management Ltd bought a new stake in Bitdeer Technologies Group in the fourth quarter valued at $217,000. Central Asset Investments & Management Holdings HK Ltd bought a new stake in Bitdeer Technologies Group in the fourth quarter valued at $1,361,000. SBI Securities Co. Ltd. bought a new stake in Bitdeer Technologies Group in the fourth quarter valued at $79,000. Finally, Charles Schwab Investment Management Inc. grew its position in Bitdeer Technologies Group by 49.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 368,778 shares of the company's stock valued at $7,991,000 after acquiring an additional 121,944 shares during the period. 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.