Benchmark Cuts Bitdeer Technologies Group (NASDAQ:BTDR) Price Target to $27.00

Bitdeer Technologies Group (NASDAQ:BTDR) had its target price cut by Benchmark from $38.00 to $27.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other research analysts have also recently commented on the company. Cantor Fitzgerald dropped their price target on Bitdeer Technologies Group to $34.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 16th. B. Riley Financial dropped their price objective on shares of Bitdeer Technologies Group from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $14.00 target price (down previously from $26.50) on shares of Bitdeer Technologies Group in a research report on Tuesday, January 27th. HC Wainwright lowered their price target on shares of Bitdeer Technologies Group from $32.00 to $30.00 and set a “buy” rating on the stock in a research report on Tuesday, November 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Bitdeer Technologies Group in a research note on Wednesday, January 21st. Ten analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $27.40.

Bitdeer Technologies Group Trading Down 13.5%

Shares of BTDR stock opened at $10.37 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 0.90 and a debt-to-equity ratio of 0.46. The firm has a market cap of $2.20 billion, a P/E ratio of -1.84 and a beta of 2.33. The company has a 50 day moving average of $12.29 and a 200-day moving average of $14.79. Bitdeer Technologies Group has a 12-month low of $6.84 and a 12-month high of $27.80.

Bitdeer Technologies Group (NASDAQ:BTDR) last posted its quarterly earnings data on Thursday, February 12th. The company reported ($0.73) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.59). Bitdeer Technologies Group had a negative net margin of 115.59% and a negative return on equity of 91.31%. The firm had revenue of $224.84 million during the quarter, compared to analysts’ expectations of $208.25 million. The company’s revenue for the quarter was up 225.8% compared to the same quarter last year. Sell-side analysts anticipate that Bitdeer Technologies Group will post -0.73 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Fund Resources Investment Holding Group Co Ltd bought a new position in shares of Bitdeer Technologies Group during the 4th quarter valued at about $102,732,000. Bank of America Corp DE grew its position in Bitdeer Technologies Group by 67.5% during the second quarter. Bank of America Corp DE now owns 6,337,339 shares of the company’s stock valued at $72,753,000 after acquiring an additional 2,553,093 shares during the last quarter. Azora Capital LP purchased a new position in shares of Bitdeer Technologies Group during the third quarter worth approximately $23,817,000. Geode Capital Management LLC lifted its holdings in shares of Bitdeer Technologies Group by 197.7% in the 2nd quarter. Geode Capital Management LLC now owns 1,592,504 shares of the company’s stock worth $18,280,000 after acquiring an additional 1,057,552 shares during the last quarter. Finally, Situational Awareness LP boosted its stake in shares of Bitdeer Technologies Group by 92.3% in the 4th quarter. Situational Awareness LP now owns 1,788,000 shares of the company’s stock valued at $20,043,000 after purchasing an additional 858,400 shares in the last quarter. 22.25% of the stock is currently owned by hedge funds and other institutional investors.

More Bitdeer Technologies Group News

Here are the key news stories impacting Bitdeer Technologies Group this week:

• Positive Sentiment: Very strong top-line growth and reported GAAP net profit — Q4 revenue jumped to $224.8M (vs. $69.0M a year ago) and Bitdeer reported a GAAP net profit of $70.5M; adjusted EBITDA turned positive. These results support management’s narrative that the business is scaling and monetizing self-mining + AI/colocation assets. QuiverQuant: Q4 results
• Neutral Sentiment: Analysts trimmed upside but kept bullish view — HC Wainwright cut its price target from $30 to $25 while maintaining a Buy, so some conviction remains but expectations were moderated. StreetInsider: PT lowered
• Neutral Sentiment: Short-interest reports in the newsfeed are inconsistent (showing zero), so they provide no clear signal on bearish positioning at the moment.
• Negative Sentiment: EPS missed consensus materially — the company reported ($0.73) EPS vs. a consensus loss around ($0.14), which is a headline negative for traders focused on per‑share metrics. Zacks: EPS miss
• Negative Sentiment: Cash flow and balance-sheet concerns — Q4 operating cash used was very large (~$599.5M for the period reported), cash on hand fell to ~$149M, and total borrowings/derivative liabilities remain substantial. That raises near-term liquidity and earnings-quality questions (GAAP net profit was helped by large non‑cash derivative gains). Company press release / financials
• Negative Sentiment: Analyst reaction and negative headlines — some outlets published pessimistic forecasts and reported a post‑earnings downgrade/weakness, adding pressure to the stock in the session. AmericanBankingNews: pessimistic forecast AmericanBankingNews: shares down after analyst note

Bitdeer Technologies Group Company Profile

Bitdeer Technologies Group Inc (NASDAQ:BTDR) is a global digital asset mining and computing services provider focused on delivering secure and efficient hashrate solutions to institutional and retail customers. The company leverages its proprietary mining platform to offer hosted mining, hashrate sales and management services, enabling clients to access large-scale mining operations without direct investment in hardware or infrastructure.

Bitdeer’s core offerings include mining hosting services, whereby the firm installs, operates and maintains specialized mining equipment on behalf of customers, and hashrate-as-a-service products that provide fixed-capacity mining power with transparent pricing structures.