In the last trading session, 8.38 million Bitdeer Technologies Holding Co (NASDAQ:BTDR) shares changed hands as the company’s beta touched 2.03. With the company’s per share price at $13.09 changed hands at -$1.84 or -12.32% during last session, the market valuation stood at $2.52B. BTDR’s last price was a discount, traded about -106.19% off its 52-week high of $26.99. The share price had its 52-week low at $5.23, which suggests the last value was 60.05% up since then.
Analysts gave the Bitdeer Technologies Holding Co (BTDR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BTDR as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Bitdeer Technologies Holding Co’s EPS for the current quarter is expected to be -0.13.
Bitdeer Technologies Holding Co (NASDAQ:BTDR) trade information
Instantly BTDR was in red as seen at the end of in last trading. With action -21.05%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -39.59%, with the 5-day performance at -21.05% in the red. However, in the 30-day time frame, Bitdeer Technologies Holding Co (NASDAQ:BTDR) is -36.27% down.
The consensus price target for the stock as assigned by Wall Street analysts is 20.5, meaning bulls need an upside of 36.15% from its current market value. According to analyst projections, BTDR’s forecast low is 12 with 29 as the target high. To hit the forecast high, the stock’s price needs a -121.54% plunge from its current level, while the stock would need to tank 8.33% for it to hit the projected low.
Bitdeer Technologies Holding Co (BTDR) estimates and forecasts
Year-over-year growth is forecast to reach -4.75% down from the last financial year.
Consensus estimates given by 11 financial analysts project the company’s revenue in the current quarter to hit an average of 70.85M. 8 analysts are of the opinion that Bitdeer Technologies Holding Co’s revenue for the current quarter will be 88.86M. The company’s revenue for the corresponding quarters a year ago was 114.85M and 119.51M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -38.31%. The estimates for the next quarter sales put growth at -25.65%.
The 2025 estimates are for Bitdeer Technologies Holding Co earnings to decrease by -368.58%, but the outlook for the next 5-year period is at 104.81% per year.
Bitdeer Technologies Holding Co (NASDAQ:BTDR)’s Major holders
VIDENT ADVISORY, LLC holds the second largest percentage of outstanding shares, with 0.5453% or 0.69 million shares worth $7.08 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Amplify Transformational Data Sharing ETF and Valkyrie ETF Tr II-Valkyrie Bitcoin Miners ETF. With 1.29 shares estimated at $16.95 million under it, the former controlled 1.16% of total outstanding shares. On the other hand, Valkyrie ETF Tr II-Valkyrie Bitcoin Miners ETF held about 0.53% of the shares, roughly 590.4 shares worth around $7.73 million.
