Analyst Expectations For Bitdeer Technologies's Future

Analysts' ratings for Bitdeer Technologies (NASDAQ:BTDR) over the last quarter vary from bullish to bearish, as provided by 6 analysts.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

	Bullish	Somewhat Bullish	Indifferent	Somewhat Bearish	Bearish
Total Ratings	4	1	1	0	0
Last 30D	1	0	0	0	0
1M Ago	1	0	1	0	0
2M Ago	0	1	0	0	0
3M Ago	2	0	0	0	0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $25.0, along with a high estimate of $34.00 and a low estimate of $14.00. Observing a downward trend, the current average is 22.48% lower than the prior average price target of $32.25.

Deciphering Analyst Ratings: An In-Depth Analysis

In examining recent analyst actions, we gain insights into how financial experts perceive Bitdeer Technologies. The following summary 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	Lowers	Buy	$18.00	$30.00
Stephen Glagola	Keefe, Bruyette & Woods	Lowers	Market Perform	$14.00	$26.50
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

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 a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Bitdeer Technologies compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Bitdeer Technologies's stock. This comparison reveals trends in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Bitdeer Technologies's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Bitdeer Technologies analyst ratings.

Unveiling the Story Behind 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.

Key Indicators: Bitdeer Technologies's Financial Health

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining Bitdeer Technologies's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 173.59% as of 30 September, 2025, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in 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 is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -41.65%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Bitdeer Technologies's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -11.91%, the company may face hurdles in achieving optimal financial performance.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.6, caution is advised due to increased financial risk.

How Are Analyst Ratings Determined?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.