Bitdeer Technologies Group (NASDAQ:BTDR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Posted by Brenda Bartman on Aug 12th, 2026

Shares of Bitdeer Technologies Group (NASDAQ:BTDR – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the fourteen research firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $25.3636.

Several research firms have issued reports on BTDR. Zacks Research upgraded Bitdeer Technologies Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Rosenblatt Securities raised their price target on Bitdeer Technologies Group from $18.00 to $25.00 and gave the company a “buy” rating in a report on Friday, May 15th. Benchmark restated a “buy” rating on shares of Bitdeer Technologies Group in a research note on Tuesday. B. Riley Financial upped their price objective on Bitdeer Technologies Group from $22.00 to $23.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Finally, Wall Street Zen cut Bitdeer Technologies Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, May 2nd.

View Our Latest Stock Report on BTDR

Bitdeer Technologies Group Price Performance

BTDR stock opened at $8.69 on Friday. Bitdeer Technologies Group has a one year low of $6.92 and a one year high of $27.80. The stock has a market capitalization of $2.05 billion, a PE ratio of -2.84 and a beta of 2.50. The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.11 and a current ratio of 1.85. The company has a fifty day moving average of $14.12 and a 200-day moving average of $12.27.

Bitdeer Technologies Group (NASDAQ:BTDR – Get Free Report) last issued its quarterly earnings results on Tuesday, June 30th. The company reported ($0.37) earnings per share (EPS) for the quarter. Bitdeer Technologies Group had a negative return on equity of 61.88% and a negative net margin of 55.15%.The firm had revenue of $228.78 million for the quarter. As a group, analysts expect that Bitdeer Technologies Group will post -1.54 EPS for the current year.

Key Bitdeer Technologies Group News

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

Positive Sentiment: Q2 revenue increased 47% year over year to $228.8 million, roughly matching analyst expectations. Adjusted EBITDA improved sharply to $31.1 million from $4.6 million, while total hash rate under management rose to 86.1 EH/s from 30.6 EH/s. Bitdeer Reports Unaudited Financial Results for the Second Quarter of 2026
Positive Sentiment: Management pointed to progress in AI Cloud and colocation, including a 16-year, $4.7 billion Tydal, Norway AI/HPC lease. AI Cloud revenue grew to $14.0 million from $1.3 million, supporting the strategy of diversifying beyond Bitcoin mining. Bitdeer Q2 2026 Financial Results and AI Cloud Progress
Positive Sentiment: Needham maintained a Buy rating, although it lowered its price target from $22 to $20. Benchmark reportedly characterized the recent selloff as an overreaction and set a $22 target, implying significant potential upside if execution improves. Needham Lowers Bitdeer Price Target

Institutional Trading of Bitdeer Technologies Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Handelsbanken Fonder AB boosted its holdings in Bitdeer Technologies Group by 59.4% during the second quarter. Handelsbanken Fonder AB now owns 37,300 shares of the company’s stock worth $592,000 after buying an additional 13,900 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in Bitdeer Technologies Group in the second quarter valued at about $66,000. GAMMA Investing LLC lifted 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 valued at $39,000 after acquiring an additional 902 shares during the period. Bank of America Corp DE lifted its position in shares of Bitdeer Technologies Group by 1,366.7% during the 1st quarter. Bank of America Corp DE now owns 3,227,585 shares of the company’s stock valued at $27,919,000 after acquiring an additional 3,007,523 shares during the period. Finally, Situational Awareness LP boosted its stake in shares of Bitdeer Technologies Group by 92.4% during the 1st quarter. Situational Awareness LP now owns 3,439,450 shares of the company’s stock worth $29,751,000 after acquiring an additional 1,651,450 shares in the last quarter. Institutional investors and hedge funds own 22.25% of the company’s stock.

About Bitdeer Technologies Group

(Get Free Report)

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.