During the last three months, 13 analysts shared their evaluations of Bitdeer Technologies ( BTDR ) , revealing diverse outlooks from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Analysts have set 12-month price targets for Bitdeer Technologies ( BTDR ), revealing an average target of $22.65, a high estimate of $30.00, and a low estimate of $12.00. Observing a downward trend, the current average is 6.52% lower than the prior average price target of $24.23.

Deciphering Analyst Ratings: An In-Depth Analysis

A clear picture of Bitdeer Technologies's ( BTDR ) perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

| Analyst | Analyst Firm | Action Taken | Rating |Current Price Target| Prior Price Target |

|--------------------|--------------------|---------------|---------------|--------------------|--------------------|

|Kevin Cassidy |Rosenblatt |Lowers |Buy | $12.00|$25.00 |

|John Todaro |Needham |Lowers |Buy | $15.00|$18.00 |

|Kevin Cassidy |Rosenblatt |Lowers |Buy | $25.00|$30.00 |

|Darren Aftahi |Roth MKM |Lowers |Buy | $23.50|$29.00 |

|Mark Palmer |Benchmark |Lowers |Buy | $24.00|$29.00 |

|John Todaro |Needham |Lowers |Buy | $18.00|$22.00 |

|Kevin Cassidy |Rosenblatt |Maintains |Buy | $30.00|$30.00 |

|Mike Colonnese |HC Wainwright & Co. |Lowers |Buy | $21.00|$22.00 |

|Kevin Cassidy |Rosenblatt |Maintains |Buy | $30.00|$30.00 |

|Kevin Cassidy |Rosenblatt |Raises |Buy | $30.00|$22.00 |

|John Todaro |Needham |Maintains |Buy | $22.00|$22.00 |

|Kevin Cassidy |Rosenblatt |Maintains |Buy | $22.00|$22.00 |

|John Todaro |Needham |Raises |Buy | $22.00|$14.00 |

Key Insights:

Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Bitdeer Technologies ( BTDR ). This information provides a snapshot of how analysts perceive the current state of the company.

Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Bitdeer Technologies ( BTDR ) compared to the broader market.

Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Bitdeer Technologies's ( BTDR ) stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into Bitdeer Technologies's ( BTDR ) market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

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All You Need to Know About Bitdeer Technologies

Bitdeer Technologies Group ( BTDR ) is principally engaged in provision of digital asset mining services. Its majority business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway.

Bitdeer Technologies's Economic Impact: An Analysis

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Revenue Growth: Bitdeer Technologies's ( BTDR ) revenue growth over a period of 3M has been noteworthy. As of 31 December, 2024, the company achieved a revenue growth rate of approximately 11.27%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -770.69%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Bitdeer Technologies's ( BTDR ) ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -133.42%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Bitdeer Technologies's ( BTDR ) ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -40.85%, the company may face hurdles in achieving optimal financial performance.

Debt Management: With a high debt-to-equity ratio of 1.03, Bitdeer Technologies ( BTDR ) faces challenges in effectively managing its debt levels, indicating potential financial strain.

What Are Analyst Ratings?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.