Bitdeer Technologies Group’s (BTDR) Buy Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities restated their buy rating on shares of Bitdeer Technologies Group (NASDAQ:BTDR) in a research report sent to investors on Wednesday,Benzinga reports. They currently have a $18.00 price objective on the stock.

Several other research analysts have also recently issued reports on the stock. Cantor Fitzgerald cut their target price on shares of Bitdeer Technologies Group to $34.00 and set an “overweight” rating on the stock in a report on Tuesday, December 16th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $14.00 target price (down from $26.50) on shares of Bitdeer Technologies Group in a research note on Tuesday, January 27th. Needham & Company LLC lowered their price target on shares of Bitdeer Technologies Group from $30.00 to $22.00 and set a “buy” rating for the company in a research report on Friday, February 13th. BTIG Research reissued a “buy” rating on shares of Bitdeer Technologies Group in a research note on Friday, January 16th. Finally, Benchmark reduced their price target on shares of Bitdeer Technologies Group from $38.00 to $27.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Ten investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Bitdeer Technologies Group presently has an average rating of “Moderate Buy” and a consensus target price of $26.60.

Bitdeer Technologies Group Price Performance

Shares of NASDAQ:BTDR opened at $8.11 on Wednesday. The company’s fifty day moving average price is $10.74 and its 200-day moving average price is $13.88. Bitdeer Technologies Group has a one year low of $6.84 and a one year high of $27.80. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.91 and a quick ratio of 0.75. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of -2.58 and a beta of 2.40.

Bitdeer Technologies Group (NASDAQ:BTDR) last announced its quarterly earnings data on Thursday, February 12th. The company reported ($0.73) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.59). The firm had revenue of $224.84 million for the quarter, compared to analysts’ expectations of $208.25 million. Bitdeer Technologies Group had a net margin of 10.58% and a return on equity of 8.92%. Bitdeer Technologies Group’s revenue for the quarter was up 225.8% on a year-over-year basis. On average, equities research analysts anticipate that Bitdeer Technologies Group will post -0.73 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Bitdeer Technologies Group

Institutional investors and hedge funds have recently modified their holdings of the stock. First Trust Advisors LP increased its holdings in shares of Bitdeer Technologies Group by 2.2% in the third quarter. First Trust Advisors LP now owns 40,138 shares of the company’s stock worth $686,000 after purchasing an additional 878 shares during the last quarter. Main Management ETF Advisors LLC increased its position in shares of Bitdeer Technologies Group by 1.6% during the 2nd quarter. Main Management ETF Advisors LLC now owns 57,153 shares of the company’s stock valued at $656,000 after purchasing an additional 924 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in Bitdeer Technologies Group by 68.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 2,570 shares of the company’s stock valued at $30,000 after purchasing an additional 1,044 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in Bitdeer Technologies Group by 5.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 20,800 shares of the company’s stock worth $355,000 after purchasing an additional 1,100 shares during the period. Finally, Alliancebernstein L.P. grew its position in Bitdeer Technologies Group by 1.3% in the 3rd quarter. Alliancebernstein L.P. now owns 104,787 shares of the company’s stock valued at $1,791,000 after acquiring an additional 1,307 shares during the last quarter. Institutional investors own 22.25% of the company’s stock.

Bitdeer Technologies Group News Summary

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

• Positive Sentiment: Rosenblatt Securities initiated coverage with a “Buy” rating, providing a supportive analyst vote that could attract buyers and underscore longer‑term conviction. Rosenblatt Buy Note
• Neutral Sentiment: Short‑interest entries in the March reports show zero shares/NaN increases and a days‑to‑cover of 0.0, which appears to be reporting noise rather than a meaningful change in bearish positioning; treat these as non‑informative until corrected filing data appears.
• Negative Sentiment: Zacks Research downgraded BTDR from “Hold” to “Strong Sell,” a headline downgrade that can trigger short‑term selling pressure and stop‑losses. Zacks Downgrade
• Negative Sentiment: Northland Securities trimmed multiple 2026 quarter and full‑year EPS forecasts (Q1, Q2, Q3, Q4 and FY2026), moving FY2026 from about ($1.35) to ($1.46) and nudging several quarterly estimates lower — a clear negative for expectations and valuation, increasing downside risk until execution or revenue/earnings visibility improves. Northland Estimates

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.