Analysts Update Their Price Forecasts For Bitdeer Technologies Holding Co (BTDR)

Bitdeer Technologies Holding Co (BTDR) concluded trading on Wednesday at a closing price of $11.68, with 4.48 million shares of worth about $52.29 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 78.59% during that period and on March 05, 2025 the price saw a gain of about 2.64%. Currently the company’s common shares owned by public are about 192.50M shares, out of which, 87.62M shares are available for trading.

Stock saw a price change of 13.95% in past 5 days and over the past one month there was a price change of -34.27%. Year-to-date (YTD), BTDR shares are showing a performance of -46.10% which increased to 72.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.23 but also hit the highest price of $26.99 during that period. The average intraday trading volume for Bitdeer Technologies Holding Co shares is 8.48 million. The stock is currently trading -16.46% below its 20-day simple moving average (SMA20), while that difference is down -34.10% for SMA50 and it goes to 2.20% higher than SMA200.

Bitdeer Technologies Holding Co (NASDAQ: BTDR) currently have 192.50M outstanding shares and institutions hold larger chunk of about 15.65% of that.

The stock has a current market capitalization of $2.25B and its 3Y-monthly beta is at 2.14. It has posted earnings per share of -$3.70 in the same period. It has Quick Ratio of 0.61 while making debt-to-equity ratio of 1.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BTDR, volatility over the week remained 15.22% while standing at 11.46% over the month.

Stock’s fiscal year EPS is expected to rise by 99.92% while it is estimated to increase by 49838.89% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Keefe Bruyette on January 27, 2025 offering an Outperform rating for the stock and assigned a target price of $26.50 to it. Coverage by Northland Capital stated Bitdeer Technologies Holding Co (BTDR) stock as an Outperform in their note to investors on October 09, 2024, suggesting a price target of $13 for the stock. On October 08, 2024, Alliance Global Partners Initiated their recommendations, while on August 14, 2024, Rosenblatt Resumed their ratings for the stock with a price target of $9. Stock get an Overweight rating from Cantor Fitzgerald on June 11, 2024.

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