Bitdeer Technologies Group (NASDAQ:BTDR – Free Report) – Equities research analysts at Northland Securities dropped their Q3 2026 earnings per share (EPS) estimates for shares of Bitdeer Technologies Group in a research note issued on Tuesday, November 10th. Northland Securities analyst M. Grondahl now expects that the company will post earnings of ($0.46) per share for the quarter, down from their prior estimate of ($0.27). The consensus estimate for Bitdeer Technologies Group’s current full-year earnings is ($1.68) per share. Northland Securities also issued estimates for Bitdeer Technologies Group’s Q4 2026 earnings at ($0.36) EPS and FY2026 earnings at ($1.86) EPS.
Bitdeer Technologies Group (NASDAQ:BTDR – Get Free Report) last posted its earnings results on Tuesday, November 10th. The company reported ($0.46) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.33) by ($0.13). Bitdeer Technologies Group had a negative return on equity of 34.08% and a negative net margin of 31.84%. The firm had revenue of $320.75 million for the quarter, compared to the consensus estimate of $258.18 million. During the same period last year, the company posted ($1.28) EPS. The business’s revenue was up 89.0% on a year-over-year basis.
BTDR has been the topic of several other research reports. Keefe, Bruyette & Woods decreased their price target on shares of Bitdeer Technologies Group from $14.00 to $10.00 and set a “market perform” rating on the stock in a report on Thursday, August 13th. Weiss Ratings lowered Bitdeer Technologies Group from a “hold (c-)” rating to a “sell (d-)” rating in a research note on Friday, October 2nd. HC Wainwright restated a “buy” rating on shares of Bitdeer Technologies Group in a research report on Wednesday. Wall Street Zen upgraded Bitdeer Technologies Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, October 31st. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of Bitdeer Technologies Group in a research note on Monday, October 26th. Ten equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Bitdeer Technologies Group has a consensus rating of “Moderate Buy” and a consensus target price of $21.10.
View Our Latest Report on Bitdeer Technologies Group
Bitdeer Technologies Group Stock Up 9.7%
BTDR opened at $7.03 on Thursday. The company has a fifty day moving average price of $9.55 and a 200-day moving average price of $11.39. The firm has a market capitalization of $1.60 billion, a P/E ratio of -3.14 and a beta of 2.72. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.01 and a quick ratio of 1.01. Bitdeer Technologies Group has a one year low of $5.03 and a one year high of $20.72.
Insider Transactions at Bitdeer Technologies Group
In related news, insider Haris Basit bought 25,000 shares of the company’s stock in a transaction on Friday, August 14th. The stock was acquired at an average cost of $8.84 per share, for a total transaction of $221,000.00. Following the completion of the transaction, the insider directly owned 35,000 shares in the company, valued at $309,400. This trade represents a 250.00% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Hedge Funds Weigh In On Bitdeer Technologies Group
Institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised 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 buying an additional 902 shares in the last quarter. Hollencrest Capital Management bought a new stake in shares of Bitdeer Technologies Group during the 1st quarter worth $43,000. SBI Securities Co. Ltd. grew its position in Bitdeer Technologies Group by 80.7% in the third quarter. SBI Securities Co. Ltd. now owns 4,621 shares of the company’s stock worth $48,000 after acquiring an additional 2,064 shares in the last quarter. Activest Wealth Management grew its position in Bitdeer Technologies Group by 150.0% in the third quarter. Activest Wealth Management now owns 5,000 shares of the company’s stock worth $52,000 after acquiring an additional 3,000 shares in the last quarter. Finally, CoreCap Advisors LLC grew its position in Bitdeer Technologies Group by 467.5% in the third quarter. CoreCap Advisors LLC now owns 5,675 shares of the company’s stock worth $60,000 after acquiring an additional 4,675 shares in the last quarter. Institutional investors own 22.25% of the company’s stock.
Trending Headlines about Bitdeer Technologies Group
Here are a few of the latest headlines about BTDR:
- Positive Sentiment: Bitdeer said it is targeting crypto-mining infrastructure capital spending at or below $200 million, while Tydal’s first phase remains on schedule for year-end delivery. Spending discipline and project progress could reassure investors about execution and capital needs. Bitdeer capex and Tydal update
- Neutral Sentiment: Barclays and Needham kept bullish ratings—Overweight and Buy, respectively—but cut their price targets to $14 and $18. Their continued positive ratings may support sentiment, though the target reductions signal greater caution. Barclays recommendations Needham recommendations
- Negative Sentiment: Bitdeer lost $0.46 per share, missing the $0.33 loss analysts expected. Northland also cut its Q3, Q4 and full-year 2026 EPS forecasts, with its FY estimate moving to a $1.86 loss from a $1.54 loss. These revisions point to weaker near-term profitability and may weigh on the stock. Bitdeer shares gap down following weak earnings
Bitdeer Technologies Group Company Profile
Bitdeer Technologies Group is a technology company focused on cryptocurrency mining and related infrastructure. Its business includes operating mining data centers, mining digital assets for its own account, and providing hosting services that allow customers to deploy and operate mining equipment. The company also develops and sells cryptocurrency mining machines and offers cloud hash rate services, which provide customers access to computing capacity for mining without requiring them to operate the equipment themselves.
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