Bitdeer Technologies Holding Co (NASDAQ: BTDR) Could Make Significant Gains?

In the last trading session, 5.27 million Bitdeer Technologies Holding Co (NASDAQ:BTDR) shares changed hands as the company’s beta touched 2.37. With the company’s per share price at $15.19 changed hands at $1.46 or 10.63% during last session, the market valuation stood at $2.99B. BTDR’s last price was a discount, traded about -77.68% off its 52-week high of $26.99. The share price had its 52-week low at $5.40, which suggests the last value was 64.45% 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 (NASDAQ:BTDR) trade information

Instantly BTDR was in green as seen at the end of in last trading. With action 7.58%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -29.90%, with the 5-day performance at 7.58% in the green. However, in the 30-day time frame, Bitdeer Technologies Holding Co (NASDAQ:BTDR) is 105.83% up.

The consensus price target for the stock as assigned by Wall Street analysts is 22, meaning bulls need an upside of 30.95% from its current market value. According to analyst projections, BTDR’s forecast low is 15 with 29 as the target high. To hit the forecast high, the stock’s price needs a -90.92% plunge from its current level, while the stock would need to tank 1.25% for it to hit the projected low.

The 2025 estimates are for Bitdeer Technologies Holding Co earnings to increase by 121.04%.

BTDR Dividends

Bitdeer Technologies Holding Co is expected to release its next quarterly earnings report in June.

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 Dec 31, 2024 were Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF and Amplify ETF Trust-Amplify Transformational Data Sharing ETF . With 1.0 shares estimated at $15.25 million under it, the former controlled 0.90% of total outstanding shares. On the other hand, Amplify ETF Trust-Amplify Transformational Data Sharing ETF held about 0.81% of the shares, roughly 903.66 shares worth around $13.73 million.

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