Bitdeer Technologies Group (BTDR) to Release Earnings on Tuesday

Bitdeer Technologies Group (NASDAQ:BTDR) is expected to release its earnings data before the market opens on Tuesday, February 25th. Analysts expect Bitdeer Technologies Group to post earnings of ($0.23) per share and revenue of $70.85 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Bitdeer Technologies Group Price Performance

BTDR stock opened at $13.09 on Monday. Bitdeer Technologies Group has a 1-year low of $5.23 and a 1-year high of $26.99. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of -25.16 and a beta of 2.04. The business has a 50 day simple moving average of $19.22 and a two-hundred day simple moving average of $12.77.

Analyst Upgrades and Downgrades

Several research firms have weighed in on BTDR. Roth Mkm upped their price target on Bitdeer Technologies Group from $15.00 to $29.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Northland Securities increased their target price on Bitdeer Technologies Group from $20.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Rosenblatt Securities increased their target price on Bitdeer Technologies Group from $22.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Benchmark increased their target price on Bitdeer Technologies Group from $16.00 to $29.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Finally, HC Wainwright increased their target price on Bitdeer Technologies Group from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Eleven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $22.23.

About Bitdeer Technologies Group

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account.