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

Brandon Evans

Bitdeer Technologies Group [NASDAQ: BTDR] surged by $0.56 during the normal trading session on Wednesday and reaching a high of $17.18 during the day while it closed the day at $16.94.

Bitdeer Technologies Group stock has also gained 24.19% of its value over the past 7 days. However, BTDR stock has inclined by 33.39% in the 3 months of the year. Over the past six months meanwhile, it has gained 78.60% and gained 145.86% year-on date.

The market cap for BTDR stock reached $3.59 billion, with 129.03 million shares outstanding and 84.06 million shares in the current float. Compared to the average trading volume of 4.62M shares, BTDR reached a trading volume of 7579248 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 Group [BTDR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTDR shares is $22.68 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 Group 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 Group stock. Previously, the target price had yet another raise to $26.50, while Keefe Bruyette analysts kept a Outperform rating on BTDR stock.

The Price to Book ratio for the last quarter was 4.16, with the Price to Cash per share for the same quarter was set at 1.50.

BTDR stock trade performance evaluation

Bitdeer Technologies Group [BTDR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.19. With this latest performance, BTDR shares gained by 17.97% in over the last four-week period, additionally plugging by 78.60% over the last 6 months – not to mention a drop of -21.83% in the past year of trading.

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

Operating Margin for any stock indicates how profitable investing would be, and Bitdeer Technologies Group [BTDR] shares currently have an operating margin of -52.16% and a Gross Margin at 4.89%. Bitdeer Technologies Group’s Net Margin is presently recorded at -89.77%.

Bitdeer Technologies Group (BTDR) Capital Structure & Debt Analysis

According to recent financial data for Bitdeer Technologies Group. ( BTDR), the Return on Equity (ROE) stands at -54.00%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -22.33%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Bitdeer Technologies Group’s Return on Invested Capital (ROIC) is -40.44%, showcasing its effectiveness in deploying capital for earnings.

Bitdeer Technologies Group (BTDR) Efficiency & Liquidity Metrics

Based on Bitdeer Technologies Group’s (BTDR) latest financial statements, the Debt-to-Equity Ratio is 0.64%, indicating its reliance on debt financing relative to shareholder equity.

Bitdeer Technologies Group (BTDR) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Bitdeer Technologies Group. (BTDR) effectively leverages its workforce, generating an average of -$1301910.57 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.03% and a Quick Ratio of 0.84%, indicating strong ability to cover short-term liabilities.

Earnings per share (EPS) analysis for Bitdeer Technologies Group [BTDR] stock

With the latest financial reports released by the company, Bitdeer Technologies Group posted -0.18/share EPS, while the average EPS was predicted by analysts to be reported at -0.05/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.13. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BTDR.

Bitdeer Technologies Group [BTDR]: Institutional Ownership

There are presently around $29.97%, or 53.80%% of BTDR stock, in the hands of institutional investors. 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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