Keefe, Bruyette & Woods Cuts Bitdeer Technologies Group (NASDAQ:BTDR) Price Target to $10.00

Bitdeer Technologies Group (NASDAQ:BTDR) had its price objective decreased by Keefe, Bruyette & Woods from $14.00 to $10.00 in a report published on Thursday morning,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the stock.

Several other brokerages also recently commented on BTDR. Wall Street Zen downgraded shares of Bitdeer Technologies Group from a “sell” rating to a “strong sell” rating in a report on Saturday, May 2nd. Weiss Ratings raised shares of Bitdeer Technologies Group from a “sell (d-)” rating to a “hold (c-)” rating in a report on Monday, May 18th. Citizens Jmp started coverage on shares of Bitdeer Technologies Group in a research report on Wednesday, June 24th. They set a “market outperform” rating and a $35.00 price objective for the company. Needham & Company LLC reduced their price objective on Bitdeer Technologies Group from $22.00 to $20.00 and set a “buy” rating for the company in a report on Tuesday, August 11th. Finally, Cantor Fitzgerald raised Bitdeer Technologies Group from a “neutral” rating to an “overweight” rating and upped their target price for the company from $15.00 to $18.00 in a research report on Wednesday, August 5th. Eleven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $24.82.

Bitdeer Technologies Group Trading Up 4.2%

BTDR stock opened at $9.13 on Thursday. Bitdeer Technologies Group has a one year low of $6.92 and a one year high of $27.80. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of -2.98 and a beta of 2.50. The company has a fifty day moving average price of $13.53 and a two-hundred day moving average price of $12.18. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.01 and a quick ratio of 1.11.

Bitdeer Technologies Group (NASDAQ:BTDR) last issued its quarterly earnings data on Tuesday, June 30th. The company reported ($0.37) earnings per share for the quarter. The company had revenue of $228.78 million during the quarter. Bitdeer Technologies Group had a negative net margin of 55.15% and a negative return on equity of 54.72%. Equities analysts anticipate that Bitdeer Technologies Group will post -1.54 EPS for the current year.

Insider Activity

In other Bitdeer Technologies Group news, CFO Michael G. Potter bought 25,000 shares of Bitdeer Technologies Group stock in a transaction dated Wednesday, August 12th. The stock was bought at an average price of $9.04 per share, with a total value of $226,000.00. Following the completion of the transaction, the chief financial officer owned 25,000 shares in the company, valued at $226,000. The trade was a ? increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Institutional Trading of Bitdeer Technologies Group

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Empowered Funds LLC bought a new stake in Bitdeer Technologies Group in the 4th quarter valued at about $34,000. GAMMA Investing LLC grew its position in shares of Bitdeer Technologies Group by 57.3% during the 2nd quarter. GAMMA Investing LLC now owns 2,476 shares of the company’s stock worth $39,000 after purchasing an additional 902 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of Bitdeer Technologies Group during the fourth quarter worth approximately $39,000. Hollencrest Capital Management bought a new position in shares of Bitdeer Technologies Group during the first quarter worth approximately $43,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Bitdeer Technologies Group during the second quarter worth approximately $66,000. Institutional investors and hedge funds own 22.25% of the company’s stock.

Bitdeer Technologies Group News Roundup

Here are the key news stories impacting Bitdeer Technologies Group this week:

• Positive Sentiment: CFO buys shares: Chief Financial Officer Michael Potter purchased 25,000 BTDR shares for approximately $226,000 at an average price of $9.04. The open-market purchase—his first reported position—may signal management confidence in the company’s valuation and outlook. Bitdeer Technologies Group CFO Buys $226,000 in Stock
• Positive Sentiment: AI infrastructure opportunity: Investor attention remains focused on Bitdeer’s pivot from Bitcoin mining toward AI data centers, including a reported 16-year, approximately $4.7 billion Norwegian colocation agreement for GPU operations. Successful execution could diversify revenue and support a higher valuation. Why Investors Were Cold on Bitdeer Technologies Stock This Week
• Neutral Sentiment: Institutional and analyst support remains mixed: Several major investors increased their BTDR positions, while others reduced holdings. The broader analyst consensus remains “Moderate Buy,” but price targets vary widely, reflecting uncertainty around the company’s transition and execution.
• Negative Sentiment: Quarterly results missed expectations: Bitdeer reported a loss of $0.37 per share on $228.78 million in revenue, missing second-quarter analyst estimates. The company also continues to report substantial losses, with analysts expecting a full-year loss of roughly $1.54 per share. Why Investors Were Cold on Bitdeer Technologies Stock This Week
• Negative Sentiment: Price targets were cut: Keefe, Bruyette & Woods lowered its target from $14 to $10 and assigned a “market perform” rating. B. Riley also reduced its target from $23 to $21, though it retained a “buy” rating. The reductions underscore concerns about profitability, capital needs, dilution from share issuance and convertible notes, and the pace of AI-data-center execution. Analyst price target updates

About Bitdeer Technologies Group

Bitdeer Technologies Group Inc (NASDAQ:BTDR) is a global digital asset mining and computing services provider focused on delivering secure and efficient hashrate solutions to institutional and retail customers. The company leverages its proprietary mining platform to offer hosted mining, hashrate sales and management services, enabling clients to access large-scale mining operations without direct investment in hardware or infrastructure.

Bitdeer’s core offerings include mining hosting services, whereby the firm installs, operates and maintains specialized mining equipment on behalf of customers, and hashrate-as-a-service products that provide fixed-capacity mining power with transparent pricing structures.