Bitdeer Technologies Holding Co [BTDR] stock Reiterated by Needham analyst, price target now $13

GBS Stock

Bitdeer Technologies Holding Co [NASDAQ: BTDR] surged by $0.01 during the normal trading session on while it closed the day at $14.31.

Bitdeer Technologies Holding Co stock has also loss -2.98% of its value over the past 7 days. However, BTDR stock has inclined by 31.40% in the 3 months of the year. Over the past six months meanwhile, it has gained 24.00% and lost -33.96% year-on date.

The market cap for BTDR stock reached $2.82 billion, with 129.03 million shares outstanding and 78.77 million shares in the current float. Compared to the average trading volume of 4.91M shares, BTDR reached a trading volume of 4586313 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Bitdeer Technologies Holding Co [BTDR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTDR shares is $20.19 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BTDR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Needham have made an estimate for Bitdeer Technologies Holding Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 21, 2025. While these analysts kept the previous recommendation, Needham dropped their target price from $18 to $15. The new note on the price target was released on March 19, 2025, representing the official price target for Bitdeer Technologies Holding Co stock. Previously, the target price had yet another raise to $26.50, while Keefe Bruyette analysts kept a Outperform rating on BTDR stock.

The Average True Range (ATR) for Bitdeer Technologies Holding Co is set at 1.09, with the Price to Sales ratio for BTDR stock in the period of the last 12 months amounting to 9.37. The Price to Book ratio for the last quarter was 3.12, with the Price to Cash per share for the same quarter was set at 1.18.

BTDR stock trade performance evaluation

Bitdeer Technologies Holding Co [BTDR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.98. With this latest performance, BTDR shares gained by 45.28% in over the last four-week period, additionally plugging by 24.00% over the last 6 months – not to mention a rise of 136.14% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BTDR stock in for the last two-week period is set at 58.97, with the RSI for the last a single of trading hit 55.95, and the three-weeks RSI is set at 58.11 for Bitdeer Technologies Holding Co [BTDR]. The present Moving Average for the last 50 days of trading for this stock 10.91, while it was recorded at 14.63 for the last single week of trading, and 12.03 for the last 200 days.

Bitdeer Technologies Holding Co [BTDR]: An insightful look at the core fundamentals

Bitdeer Technologies Holding Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.13 and a Current Ratio set at 1.37.

Bitdeer Technologies Holding Co [BTDR]: Institutional Ownership

The top three institutional holders of BTDR stocks are: NISHKAMA CAPITAL, LLC with ownership of 1.2 million shares, which is approximately 0.9454%. VIDENT ADVISORY, LLC, holding 0.69 million shares of the stock with an approximate value of $$7.08 million in BTDR stocks shares; and VIDENT ADVISORY, LLC, currently with $$5.39 million in BTDR stock with ownership which is approximately 0.4149%.

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