Cantor Fitzgerald Issues Positive Forecast for Bitdeer Technologies Group (NASDAQ:BTDR) Stock Price

Bitdeer Technologies Group (NASDAQ:BTDR) had its price objective increased by Cantor Fitzgerald from $11.00 to $15.00 in a research note published on Friday morning,Benzinga reports. Cantor Fitzgerald currently has a neutral rating on the stock.

BTDR has been the topic of several other reports. Zacks Research cut Bitdeer Technologies Group from a “hold” rating to a “strong sell” rating in a research note on Monday, March 16th. Wall Street Zen cut Bitdeer Technologies Group from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 2nd. UBS Group reiterated a “buy” rating on shares of Bitdeer Technologies Group in a research note on Thursday, February 12th. Rosenblatt Securities restated a “buy” rating and issued a $18.00 price objective on shares of Bitdeer Technologies Group in a research note on Wednesday, March 18th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Bitdeer Technologies Group in a research note on Monday, April 20th. Nine research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Bitdeer Technologies Group presently has an average rating of “Moderate Buy” and an average target price of $24.50.

Bitdeer Technologies Group Price Performance

Shares of NASDAQ:BTDR opened at $13.35 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 0.28. The stock’s fifty day simple moving average is $10.47 and its two-hundred day simple moving average is $11.99. Bitdeer Technologies Group has a 1-year low of $6.92 and a 1-year high of $27.80. The stock has a market cap of $3.14 billion, a PE ratio of -3.87 and a beta of 2.32.

Bitdeer Technologies Group (NASDAQ:BTDR) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.68) earnings per share for the quarter, missing the consensus estimate of ($0.47) by ($0.21). Bitdeer Technologies Group had a negative net margin of 68.11% and a negative return on equity of 70.29%. The company had revenue of $188.93 million for the quarter, compared to the consensus estimate of $184.02 million. During the same quarter last year, the business posted ($0.37) earnings per share. Bitdeer Technologies Group’s revenue was up 169.5% on a year-over-year basis. As a group, analysts forecast that Bitdeer Technologies Group will post -1.06 EPS for the current fiscal year.

Institutional Trading of Bitdeer Technologies Group

Institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC purchased a new stake in shares of Bitdeer Technologies Group during the fourth quarter valued at approximately $34,000. Kestra Advisory Services LLC bought a new position in Bitdeer Technologies Group in the fourth quarter worth $39,000. Hollencrest Capital Management bought a new position in Bitdeer Technologies Group in the first quarter worth $43,000. Tower Research Capital LLC TRC raised its holdings in Bitdeer Technologies Group by 7,157.0% in the second quarter. Tower Research Capital LLC TRC now owns 7,257 shares of the company’s stock worth $83,000 after purchasing an additional 7,157 shares in the last quarter. Finally, Leonteq Securities AG bought a new position in Bitdeer Technologies Group in the first quarter worth $72,000. Hedge funds and other institutional investors own 22.25% of the company’s stock.

Bitdeer Technologies Group News Summary

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

• Positive Sentiment: B. Riley Financial raised its price target to $23 and reiterated a buy rating, implying substantial upside from current levels. B. Riley price target increase article
• Positive Sentiment: Rosenblatt Securities lifted its target to $25 and kept a buy rating, signaling continued confidence in Bitdeer’s growth story. Rosenblatt price target increase article
• Positive Sentiment: Needham & Company and Cantor Fitzgerald also raised targets, reflecting improved analyst expectations after the quarter. Needham and Cantor price target increase article
• Neutral Sentiment: Bitdeer’s revenue surged year over year, but profitability remains uneven, leaving investors focused on whether growth can translate into better earnings. Q1 2026 financial results
• Negative Sentiment: The EPS miss suggests costs and margin pressure are still weighing on results, which can pressure the stock despite revenue strength. Bitdeer falls short of first-quarter expectations despite revenue surge

Bitdeer Technologies Group Company Profile

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.