HC Wainwright Issues Negative Outlook for BTDR Earnings

Bitdeer Technologies Group (NASDAQ:BTDR) – Investment analysts at HC Wainwright cut their Q1 2025 EPS estimates for Bitdeer Technologies Group in a research report issued on Wednesday, February 26th. HC Wainwright analyst M. Colonnese now forecasts that the company will post earnings of ($0.53) per share for the quarter, down from their prior estimate of ($0.20). HC Wainwright has a “Buy” rating and a $21.00 price objective on the stock. The consensus estimate for Bitdeer Technologies Group’s current full-year earnings is ($0.73) per share. HC Wainwright also issued estimates for Bitdeer Technologies Group’s Q2 2025 earnings at ($0.20) EPS, Q3 2025 earnings at ($0.17) EPS, Q4 2025 earnings at $0.22 EPS and FY2025 earnings at ($0.69) EPS.

A number of other analysts have also recently weighed in on BTDR. Northland Securities increased their price objective on Bitdeer Technologies Group from $20.00 to $24.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. B. Riley increased their price target on Bitdeer Technologies Group from $15.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Roth Mkm reissued a “buy” rating and issued a $23.50 price objective (down from $29.00) on shares of Bitdeer Technologies Group in a research note on Wednesday, February 26th. Benchmark cut their price objective on shares of Bitdeer Technologies Group from $29.00 to $24.00 and set a “buy” rating for the company in a research report on Wednesday, February 26th. Finally, Needham & Company LLC lowered their target price on shares of Bitdeer Technologies Group from $22.00 to $18.00 and set a “buy” rating on the stock in a report on Wednesday, February 26th. Eleven analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Bitdeer Technologies Group has an average rating of “Buy” and an average target price of $21.18.

Bitdeer Technologies Group Stock Up 0.5 %

NASDAQ BTDR opened at $11.38 on Monday. The firm has a market cap of $1.27 billion, a P/E ratio of -21.88 and a beta of 2.04. Bitdeer Technologies Group has a 52-week low of $5.23 and a 52-week high of $26.99. The business’s 50-day moving average price is $17.86 and its 200 day moving average price is $12.95.

Institutional Trading of Bitdeer Technologies Group

Institutional investors have recently added to or reduced their stakes in the stock. Quarry LP purchased a new position in Bitdeer Technologies Group in the fourth quarter valued at about $42,000. Stonebridge Financial Group LLC purchased a new position in Bitdeer Technologies Group in the 4th quarter valued at approximately $65,000. Public Employees Retirement System of Ohio purchased a new position in Bitdeer Technologies Group in the 3rd quarter valued at approximately $66,000. SBI Securities Co. Ltd. acquired a new position in Bitdeer Technologies Group during the fourth quarter worth $79,000. Finally, Centiva Capital LP purchased a new stake in Bitdeer Technologies Group during the third quarter worth $91,000. Hedge funds and other 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.