Bitdeer Technologies Group (NASDAQ:BTDR) Given New $25.00 Price Target at Rosenblatt Securities

Bitdeer Technologies Group (NASDAQ:BTDR) had its price target lifted by Rosenblatt Securities from $18.00 to $25.00 in a research note released on Friday,Benzinga reports. Rosenblatt Securities currently has a buy rating on the stock.

BTDR has been the topic of several other reports. Zacks Research cut Bitdeer Technologies Group from a “hold” rating to a “strong sell” rating in a research report on Monday, March 16th. Needham & Company LLC lifted their price target on Bitdeer Technologies Group from $18.00 to $19.00 and gave the company a “buy” rating in a research report on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Bitdeer Technologies Group in a research report on Monday, April 20th. BTIG Research reiterated a “buy” rating on shares of Bitdeer Technologies Group in a research report on Friday, January 16th. Finally, Benchmark lowered their price target on Bitdeer Technologies Group from $38.00 to $27.00 and set a “buy” rating on the stock in a research report on Tuesday, February 10th. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $24.50.

Bitdeer Technologies Group Stock Down 9.5%

Shares of BTDR stock opened at $13.35 on Friday. Bitdeer Technologies Group has a 1 year low of $6.92 and a 1 year high of $27.80. The stock has a market cap of $3.14 billion, a PE ratio of -3.87 and a beta of 2.32. The business’s fifty day moving average is $10.47 and its 200-day moving average is $11.99. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.75 and a current ratio of 0.91.

Bitdeer Technologies Group (NASDAQ:BTDR) last issued its quarterly earnings results on Thursday, May 14th. The company reported ($0.68) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.47) by ($0.21). Bitdeer Technologies Group had a negative net margin of 68.11% and a negative return on equity of 70.29%. The firm had revenue of $188.93 million for the quarter, compared to analyst estimates of $184.02 million. During the same quarter last year, the business posted ($0.37) earnings per share. The firm’s revenue for the quarter was up 169.5% compared to the same quarter last year. Equities analysts expect that Bitdeer Technologies Group will post -1.06 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Bitdeer Technologies Group

A number of hedge funds have recently modified their holdings of BTDR. Empowered Funds LLC acquired a new position in shares of Bitdeer Technologies Group in the 4th quarter worth $34,000. Kestra Advisory Services LLC acquired a new position in shares of Bitdeer Technologies Group in the 4th quarter worth $39,000. Hollencrest Capital Management acquired a new position in shares of Bitdeer Technologies Group in the 1st quarter worth $43,000. Leonteq Securities AG acquired a new position in shares of Bitdeer Technologies Group in the 1st quarter worth $72,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Bitdeer Technologies Group by 7,157.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,257 shares of the company’s stock worth $83,000 after acquiring an additional 7,157 shares during the last quarter. 22.25% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Bitdeer Technologies Group

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

• Positive Sentiment: B. Riley Financial raised its price target to $23 and reiterated a buy rating, implying substantial upside from current levels. B. Riley price target increase article
• Positive Sentiment: Rosenblatt Securities lifted its target to $25 and kept a buy rating, signaling continued confidence in Bitdeer’s growth story. Rosenblatt price target increase article
• Positive Sentiment: Needham & Company and Cantor Fitzgerald also raised targets, reflecting improved analyst expectations after the quarter. Needham and Cantor price target increase article
• Neutral Sentiment: Bitdeer’s revenue surged year over year, but profitability remains uneven, leaving investors focused on whether growth can translate into better earnings. Q1 2026 financial results
• Negative Sentiment: The EPS miss suggests costs and margin pressure are still weighing on results, which can pressure the stock despite revenue strength. Bitdeer falls short of first-quarter expectations despite revenue surge

About Bitdeer Technologies Group

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.