Gaining Ground: Bitdeer Technologies Group (BTDR) Closes Lower at 22.53, Down -2.51

Nora Barnes

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

The price of Bitdeer Technologies Group (NASDAQ: BTDR) closed at $22.53 in the last session, down -2.51% from day before closing price of $23.11. In other words, the price has decreased by -$2.51 from its previous closing price. On the day, 3.98 million shares were traded. BTDR stock price reached its highest trading level at $23.29 during the session, while it also had its lowest trading level at $21.97.

Ratios:

We take a closer look at BTDR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.12.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Needham on April 21, 2025, Reiterated its Buy rating but revised its target price to $13 from $15 previously.

On March 19, 2025, Needham reiterated its Buy rating and also upped its target price recommendation from $18 to $15.

On January 27, 2025, Keefe Bruyette started tracking the stock assigning a Outperform rating and target price of $26.50.Keefe Bruyette initiated its Outperform rating on January 27, 2025, with a $26.50 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTDR now has a Market Capitalization of 4818782208 and an Enterprise Value of 5091359232. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.51 while its Price-to-Book (P/B) ratio in mrq is 5.53. Its current Enterprise Value per Revenue stands at 14.271 whereas that against EBITDA is -32.463.

Stock Price History:

The Beta on a monthly basis for BTDR is 2.30, which has changed by 1.8773947 over the last 52 weeks, in comparison to a change of 0.19088471 over the same period for the S&P500. Over the past 52 weeks, BTDR has reached a high of $27.80, while it has fallen to a 52-week low of $6.84. The 50-Day Moving Average of the stock is 25.39%, while the 200-Day Moving Average is calculated to be 59.43%.

Shares Statistics:

According to the various share statistics, BTDR traded on average about 5.90M shares per day over the past 3-months and 6286040 shares per day over the past 10 days. A total of 129.03M shares are outstanding, with a floating share count of 93.52M. Insiders hold about 56.28% of the company’s shares, while institutions hold 19.75% stake in the company. Shares short for BTDR as of 1760486400 were 23529124 with a Short Ratio of 3.98, compared to 1757894400 on 23443150. Therefore, it implies a Short% of Shares Outstanding of 23529124 and a Short% of Float of 20.28.

Earnings Estimates

The dynamic stock of Bitdeer Technologies Group (BTDR) is currently being evaluated by a team of 4.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.12, with high estimates of $0.16 and low estimates of $0.09.

Analysts are recommending an EPS of between -$0.41 and -$0.68 for the fiscal current year, implying an average EPS of -$0.53. EPS for the following year is $1.25, with 3.0 analysts recommending between $1.86 and $0.8.

Revenue Estimates

According to 11 analysts,. The current quarter’s revenue is expected to be $151.8M. It ranges from a high estimate of $185.5M to a low estimate of $120.5M. As of. The current estimate, Bitdeer Technologies Group’s year-ago sales were $62.03MFor the next quarter, 11 analysts are estimating revenue of $201.22M. There is a high estimate of $244.7M for the next quarter, whereas the lowest estimate is $160M.

A total of 11 analysts have provided revenue estimates for BTDR’s current fiscal year. The highest revenue estimate was $651.1M, while the lowest revenue estimate was $515.7M, resulting in an average revenue estimate of $582.34M. In the same quarter a year ago, actual revenue was $349.78MBased on 11 analysts’ estimates, the company’s revenue will be $1.2B in the next fiscal year. The high estimate is $1.7B and the low estimate is $770M.

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