Bitdeer Technologies Group (BTDR) Set to Announce Earnings on Monday

Bitdeer Technologies Group (NASDAQ:BTDR) will announce its earnings results before the market opens on Monday, November 18th. Analysts expect the company to announce earnings of ($0.19) per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Bitdeer Technologies Group Trading Up 3.3 %

NASDAQ:BTDR opened at $11.09 on Friday. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of -56.84 and a beta of 1.92. The firm has a fifty day simple moving average of $7.81 and a two-hundred day simple moving average of $7.91. Bitdeer Technologies Group has a 12 month low of $3.78 and a 12 month high of $14.27.

Analysts Set New Price Targets

Several research firms recently weighed in on BTDR. Needham & Company LLC restated a “buy” rating and set a $14.00 price target on shares of Bitdeer Technologies Group in a report on Thursday, September 26th. HC Wainwright cut their price target on shares of Bitdeer Technologies Group from $20.00 to $17.00 and set a “buy” rating on the stock in a report on Tuesday, August 13th. Rosenblatt Securities restated a “buy” rating and set a $9.00 price target on shares of Bitdeer Technologies Group in a report on Tuesday, October 8th. Cantor Fitzgerald restated an “overweight” rating and set a $13.00 price target on shares of Bitdeer Technologies Group in a report on Thursday, October 3rd. Finally, Benchmark reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Bitdeer Technologies Group in a research report on Tuesday, August 13th. Ten investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $13.70.

Bitdeer Technologies Group Company Profile

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.