Bitdeer Technologies Group (BTDR) Projected to Post Quarterly Earnings on Monday

Bitdeer Technologies Group (NASDAQ:BTDR) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Monday, May 12th. Analysts expect the company to announce earnings of ($0.50) per share and revenue of $68.35 million for the quarter.

Bitdeer Technologies Group Stock Up 4.1 %

Shares of NASDAQ BTDR opened at $14.09 on Friday. The stock has a market capitalization of $1.58 billion, a PE ratio of -27.10 and a beta of 2.24. The firm has a fifty day moving average of $9.68 and a 200-day moving average of $13.72. Bitdeer Technologies Group has a 52-week low of $5.25 and a 52-week high of $26.99.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Keefe, Bruyette & Woods started coverage on Bitdeer Technologies Group in a research note on Monday, January 27th. They issued an “outperform” rating and a $26.50 target price for the company. Needham & Company LLC decreased their target price on Bitdeer Technologies Group from $15.00 to $13.00 and set a “buy” rating for the company in a research report on Monday, April 21st. Northland Securities raised their target price on shares of Bitdeer Technologies Group from $20.00 to $24.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Rosenblatt Securities lowered their price target on shares of Bitdeer Technologies Group from $25.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, April 10th. Finally, HC Wainwright reissued a “buy” rating and issued a $21.00 price target (down previously from $22.00) on shares of Bitdeer Technologies Group in a research note on Wednesday, February 26th. Ten equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Bitdeer Technologies Group has a consensus rating of “Buy” and a consensus price target of $19.50.

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.