Breaking Down Bitdeer Technologies: 6 Analysts Share Their Views
Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on Bitdeer Technologies (NASDAQ:BTDR) in the last three months.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 1 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 3 | 0 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $29.67, a high estimate of $34.00, and a low estimate of $25.00. Experiencing a 5.81% decline, the current average is now lower than the previous average price target of $31.50.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of Bitdeer Technologies among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Kevin Cassidy | Rosenblatt | Maintains | Buy | $30.00 | $30.00 |
| Brett Knoblauch | Cantor Fitzgerald | Lowers | Overweight | $34.00 | $50.00 |
| Gregory Lewis | BTIG | Maintains | Buy | $25.00 | $25.00 |
| Nick Giles | B. Riley Securities | Lowers | Buy | $29.00 | $32.00 |
| Kevin Cassidy | Rosenblatt | Raises | Buy | $30.00 | $20.00 |
| Mike Colonnese | HC Wainwright & Co. | Lowers | Buy | $30.00 | $32.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Bitdeer Technologies. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Bitdeer Technologies compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Bitdeer Technologies's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
For valuable insights into Bitdeer Technologies's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Bitdeer Technologies analyst ratings.
All You Need to Know About Bitdeer Technologies
Bitdeer Technologies Group is principally engaged in provision of digital asset mining services. The Company does not conduct any substantive operations on its own but conducts its primary operations through its subsidiaries. Its majority business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway, Bhutan and Singapore.
Bitdeer Technologies's Financial Performance
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Bitdeer Technologies displayed positive results in 3M. As of 30 September, 2025, the company achieved a solid revenue growth rate of approximately 173.59%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Bitdeer Technologies's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -157.14%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Bitdeer Technologies's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -41.65%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Bitdeer Technologies's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -11.91%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a high debt-to-equity ratio of 1.6, Bitdeer Technologies faces challenges in effectively managing its debt levels, indicating potential financial strain.
How Are Analyst Ratings Determined?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.