In the last trading session, 8.47 million Bitdeer Technologies Holding Co (NASDAQ:BTDR) shares changed hands as the company’s beta touched 2.08. With the company’s per share price at $13.10 changed hands at $0.01 or 0.08% during last session, the market valuation stood at $2.52B. BTDR’s last price was a discount, traded about -106.03% 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 60.08% 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 green as seen at the end of in last trading. With action -20.61%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -39.55%, with the 5-day performance at -20.61% in the red. However, in the 30-day time frame, Bitdeer Technologies Holding Co (NASDAQ:BTDR) is -33.69% down.
The consensus price target for the stock as assigned by Wall Street analysts is 20.5, meaning bulls need an upside of 36.1% 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 -121.37% plunge from its current level, while the stock would need to tank 8.4% 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 88.23M. 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 -26.17%.
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.
BTDR Dividends
Bitdeer Technologies Holding Co is expected to release its next quarterly earnings report in March.
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 $16.96 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.
