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Bitdeer Technologies Group (BTDR) Competitors

Bitdeer Technologies Group logo
$9.63 -0.09 (-0.93%)
Closing price 04:00 PM Eastern
Extended Trading
$9.72 +0.09 (+0.99%)
As of 04:39 PM Eastern
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BTDR vs. HUT, PAYC, ESTC, FIG, and BSY

Should you buy Bitdeer Technologies Group stock or one of its competitors? Bitdeer Technologies Group's main competitors and comparable companies include Hut 8 (HUT), Paycom Software (PAYC), Elastic (ESTC), Figma (FIG), and Bentley Systems (BSY). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "application software" industry.

How does Bitdeer Technologies Group compare to Hut 8?

Bitdeer Technologies Group (NASDAQ:BTDR) and Hut 8 (NASDAQ:HUT) are both technology companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, valuation, earnings, profitability, institutional ownership, media sentiment, risk and dividends.

Bitdeer Technologies Group has higher revenue and earnings than Hut 8. Hut 8 is trading at a lower price-to-earnings ratio than Bitdeer Technologies Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitdeer Technologies Group$620.25M3.56$65.60M-$3.06N/A
Hut 8$235.12M41.72-$226.15M-$5.45N/A

Bitdeer Technologies Group has a net margin of -55.15% compared to Hut 8's net margin of -188.59%. Hut 8's return on equity of -0.97% beat Bitdeer Technologies Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Bitdeer Technologies Group-55.15% -54.72% -15.20%
Hut 8 -188.59%-0.97%-0.36%

In the previous week, Bitdeer Technologies Group had 7 more articles in the media than Hut 8. MarketBeat recorded 23 mentions for Bitdeer Technologies Group and 16 mentions for Hut 8. Bitdeer Technologies Group's average media sentiment score of 0.85 beat Hut 8's score of 0.73 indicating that Bitdeer Technologies Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bitdeer Technologies Group
6 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Hut 8
7 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bitdeer Technologies Group has a beta of 2.56, indicating that its stock price is 156% more volatile than the broader market. Comparatively, Hut 8 has a beta of 4.62, indicating that its stock price is 362% more volatile than the broader market.

Bitdeer Technologies Group presently has a consensus target price of $23.27, indicating a potential upside of 139.43%. Hut 8 has a consensus target price of $145.23, indicating a potential upside of 82.47%. Given Bitdeer Technologies Group's higher probable upside, analysts plainly believe Bitdeer Technologies Group is more favorable than Hut 8.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitdeer Technologies Group
1 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.71
Hut 8
1 Sell rating(s)
1 Hold rating(s)
19 Buy rating(s)
3 Strong Buy rating(s)
3.00

22.3% of Bitdeer Technologies Group shares are owned by institutional investors. Comparatively, 31.8% of Hut 8 shares are owned by institutional investors. 10.4% of Hut 8 shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Hut 8 beats Bitdeer Technologies Group on 9 of the 17 factors compared between the two stocks.

How does Bitdeer Technologies Group compare to Paycom Software?

Bitdeer Technologies Group (NASDAQ:BTDR) and Paycom Software (NYSE:PAYC) are both technology companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, analyst recommendations, media sentiment, earnings, valuation, institutional ownership, dividends and profitability.

Bitdeer Technologies Group presently has a consensus target price of $23.27, suggesting a potential upside of 139.43%. Paycom Software has a consensus target price of $216.93, suggesting a potential downside of 5.79%. Given Bitdeer Technologies Group's stronger consensus rating and higher possible upside, equities research analysts clearly believe Bitdeer Technologies Group is more favorable than Paycom Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitdeer Technologies Group
1 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.71
Paycom Software
1 Sell rating(s)
10 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.25

In the previous week, Bitdeer Technologies Group had 15 more articles in the media than Paycom Software. MarketBeat recorded 23 mentions for Bitdeer Technologies Group and 8 mentions for Paycom Software. Bitdeer Technologies Group's average media sentiment score of 0.85 beat Paycom Software's score of 0.23 indicating that Bitdeer Technologies Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bitdeer Technologies Group
6 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Paycom Software
1 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Paycom Software has a net margin of 22.78% compared to Bitdeer Technologies Group's net margin of -55.15%. Paycom Software's return on equity of 37.06% beat Bitdeer Technologies Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Bitdeer Technologies Group-55.15% -54.72% -15.20%
Paycom Software 22.78%37.06%8.17%

Paycom Software has higher revenue and earnings than Bitdeer Technologies Group. Bitdeer Technologies Group is trading at a lower price-to-earnings ratio than Paycom Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitdeer Technologies Group$620.25M3.56$65.60M-$3.06N/A
Paycom Software$2.14B4.85$453.40M$9.4124.47

22.3% of Bitdeer Technologies Group shares are held by institutional investors. Comparatively, 87.8% of Paycom Software shares are held by institutional investors. 13.2% of Paycom Software shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Bitdeer Technologies Group has a beta of 2.56, meaning that its stock price is 156% more volatile than the broader market. Comparatively, Paycom Software has a beta of 0.82, meaning that its stock price is 18% less volatile than the broader market.

Summary

Paycom Software beats Bitdeer Technologies Group on 10 of the 16 factors compared between the two stocks.

How does Bitdeer Technologies Group compare to Elastic?

Bitdeer Technologies Group (NASDAQ:BTDR) and Elastic (NYSE:ESTC) are both mid-cap technology companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, dividends, valuation, analyst recommendations, media sentiment, earnings, profitability and institutional ownership.

22.3% of Bitdeer Technologies Group shares are held by institutional investors. Comparatively, 97.0% of Elastic shares are held by institutional investors. 12.7% of Elastic shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

In the previous week, Bitdeer Technologies Group had 6 more articles in the media than Elastic. MarketBeat recorded 23 mentions for Bitdeer Technologies Group and 17 mentions for Elastic. Bitdeer Technologies Group's average media sentiment score of 0.85 beat Elastic's score of 0.39 indicating that Bitdeer Technologies Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bitdeer Technologies Group
6 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Elastic
5 Very Positive mention(s)
4 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Elastic has a net margin of 20.84% compared to Bitdeer Technologies Group's net margin of -55.15%. Elastic's return on equity of -0.35% beat Bitdeer Technologies Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Bitdeer Technologies Group-55.15% -54.72% -15.20%
Elastic 20.84%-0.35%-0.14%

Bitdeer Technologies Group has a beta of 2.56, meaning that its stock price is 156% more volatile than the broader market. Comparatively, Elastic has a beta of 1.03, meaning that its stock price is 3% more volatile than the broader market.

Elastic has higher revenue and earnings than Bitdeer Technologies Group. Bitdeer Technologies Group is trading at a lower price-to-earnings ratio than Elastic, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitdeer Technologies Group$620.25M3.56$65.60M-$3.06N/A
Elastic$1.74B5.76$367.77M$3.5726.71

Bitdeer Technologies Group presently has a consensus target price of $23.27, suggesting a potential upside of 139.43%. Elastic has a consensus target price of $96.52, suggesting a potential upside of 1.23%. Given Bitdeer Technologies Group's stronger consensus rating and higher possible upside, analysts clearly believe Bitdeer Technologies Group is more favorable than Elastic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitdeer Technologies Group
1 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.71
Elastic
0 Sell rating(s)
13 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.59

Summary

Elastic beats Bitdeer Technologies Group on 12 of the 17 factors compared between the two stocks.

How does Bitdeer Technologies Group compare to Figma?

Bitdeer Technologies Group (NASDAQ:BTDR) and Figma (NYSE:FIG) are both mid-cap technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, media sentiment, valuation, risk, dividends, analyst recommendations, institutional ownership and earnings.

In the previous week, Bitdeer Technologies Group had 18 more articles in the media than Figma. MarketBeat recorded 23 mentions for Bitdeer Technologies Group and 5 mentions for Figma. Bitdeer Technologies Group's average media sentiment score of 0.85 beat Figma's score of 0.21 indicating that Bitdeer Technologies Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bitdeer Technologies Group
6 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Figma
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Bitdeer Technologies Group has a net margin of -55.15% compared to Figma's net margin of -123.15%. Bitdeer Technologies Group's return on equity of -54.72% beat Figma's return on equity.

Company Net Margins Return on Equity Return on Assets
Bitdeer Technologies Group-55.15% -54.72% -15.20%
Figma -123.15%-100.03%-64.39%

Bitdeer Technologies Group presently has a consensus target price of $23.27, suggesting a potential upside of 139.43%. Figma has a consensus target price of $32.56, suggesting a potential upside of 44.02%. Given Bitdeer Technologies Group's stronger consensus rating and higher probable upside, research analysts plainly believe Bitdeer Technologies Group is more favorable than Figma.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitdeer Technologies Group
1 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.71
Figma
1 Sell rating(s)
9 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.21

Bitdeer Technologies Group has higher earnings, but lower revenue than Figma. Figma is trading at a lower price-to-earnings ratio than Bitdeer Technologies Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitdeer Technologies Group$620.25M3.56$65.60M-$3.06N/A
Figma$1.06B9.74-$1.25B-$3.64N/A

Bitdeer Technologies Group has a beta of 2.56, suggesting that its stock price is 156% more volatile than the broader market. Comparatively, Figma has a beta of 1.32, suggesting that its stock price is 32% more volatile than the broader market.

22.3% of Bitdeer Technologies Group shares are held by institutional investors. 32.3% of Figma shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Bitdeer Technologies Group beats Figma on 13 of the 16 factors compared between the two stocks.

How does Bitdeer Technologies Group compare to Bentley Systems?

Bitdeer Technologies Group (NASDAQ:BTDR) and Bentley Systems (NASDAQ:BSY) are both technology companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, valuation, profitability, media sentiment, earnings, dividends, analyst recommendations and institutional ownership.

22.3% of Bitdeer Technologies Group shares are owned by institutional investors. Comparatively, 44.2% of Bentley Systems shares are owned by institutional investors. 20.3% of Bentley Systems shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Bitdeer Technologies Group has a beta of 2.56, meaning that its share price is 156% more volatile than the broader market. Comparatively, Bentley Systems has a beta of 0.99, meaning that its share price is 1% less volatile than the broader market.

In the previous week, Bitdeer Technologies Group had 18 more articles in the media than Bentley Systems. MarketBeat recorded 23 mentions for Bitdeer Technologies Group and 5 mentions for Bentley Systems. Bitdeer Technologies Group's average media sentiment score of 0.85 beat Bentley Systems' score of 0.71 indicating that Bitdeer Technologies Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bitdeer Technologies Group
6 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Bentley Systems
1 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bitdeer Technologies Group presently has a consensus price target of $23.27, suggesting a potential upside of 139.43%. Bentley Systems has a consensus price target of $44.38, suggesting a potential upside of 27.47%. Given Bitdeer Technologies Group's higher possible upside, research analysts plainly believe Bitdeer Technologies Group is more favorable than Bentley Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitdeer Technologies Group
1 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.71
Bentley Systems
0 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.73

Bentley Systems has higher revenue and earnings than Bitdeer Technologies Group. Bitdeer Technologies Group is trading at a lower price-to-earnings ratio than Bentley Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitdeer Technologies Group$620.25M3.56$65.60M-$3.06N/A
Bentley Systems$1.50B6.74$277.86M$0.9138.26

Bentley Systems has a net margin of 18.10% compared to Bitdeer Technologies Group's net margin of -55.15%. Bentley Systems' return on equity of 28.43% beat Bitdeer Technologies Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Bitdeer Technologies Group-55.15% -54.72% -15.20%
Bentley Systems 18.10%28.43%9.69%

Summary

Bentley Systems beats Bitdeer Technologies Group on 12 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BTDR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BTDR vs. The Competition

MetricBitdeer Technologies GroupSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$2.19B$16.72B$31.32B$13.28B
Dividend YieldN/A3.41%2.75%16.36%
P/E Ratio-3.15145.0581.2226.16
Price / Sales2.701,277.10580.2481.25
Price / Cash10.4846.3051.2253.72
Price / Book2.629.028.166.34
Net Income$65.60M$431.49M$767.97M$381.90M
7 Day Performance-12.61%-0.16%-1.28%-1.36%
1 Month Performance-21.90%0.38%-0.10%-4.29%
1 Year Performance-53.05%0.16%167.25%-0.33%

Bitdeer Technologies Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTDR
Bitdeer Technologies Group
4.0349 of 5 stars
$9.63
-0.9%
$23.45
+143.6%
-51.3%$2.19B$812.26MN/A471
HUT
Hut 8
3.2021 of 5 stars
$89.27
-0.4%
$143.95
+61.3%
+78.5%$11.05B$235.12MN/A248
PAYC
Paycom Software
3.0593 of 5 stars
$225.52
+2.1%
$216.93
-3.8%
+12.2%$9.96B$2.14B23.975,770
ESTC
Elastic
3.6446 of 5 stars
$95.11
+1.2%
$96.52
+1.5%
+14.7%$9.86B$1.74B26.644,019
FIG
Figma
3.4787 of 5 stars
$22.03
+3.2%
$32.56
+47.8%
-68.4%$9.72B$1.06BN/A1,886

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This page (NASDAQ:BTDR) was last updated on 10/9/2026 by MarketBeat.com Staff.
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