During the recent session, Bitdeer Technologies Holding Co (NASDAQ:BTDR)’s traded shares were 1.77 million, with the beta value of the company hitting 2.32. At the last check today, the stock’s price was $11.56, reflecting an intraday loss of -2.03% or -$0.24. The 52-week high for the BTDR share is $26.99, that puts it down -133.48 from that peak though still a striking 53.29% gain since the share price plummeted to a 52-week low of $5.40. The company’s market capitalization is $2.27B, and the average trade volume was 4.69 million shares over the past three months.
Bitdeer Technologies Holding Co (BTDR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. BTDR has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.09.
Bitdeer Technologies Holding Co (NASDAQ:BTDR) trade information
Bitdeer Technologies Holding Co (BTDR) registered a -2.03% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.03% in intraday trading to $11.56, hitting a weekly high. The stock’s 5-day price performance is -13.05%, and it has moved by -25.88% in 30 days. Based on these gigs, the overall price performance for the year is 23.19%.
The consensus price target of analysts on Wall Street is $15, which implies an increase of 22.93% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $15 and $15 respectively. As a result, BTDR is trading at a discount of -29.76% off the target high and -29.76% off the low.
Bitdeer Technologies Holding Co (BTDR) estimates and forecasts
In the rating firms’ projections, revenue will increase 42.04% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 88.72M as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 142.26M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 99.23M and 62.03M respectively. In this case, analysts expect current quarter sales to shrink by -10.59% and then jump by 129.35% in the coming quarter.
While earnings are projected to return 131.45% in 2025.
BTDR Dividends
Bitdeer Technologies Holding Co is due to release its next quarterly earnings on 2025-May-15. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Bitdeer Technologies Holding Co (NASDAQ:BTDR)’s Major holders
Bitdeer Technologies Holding Co insiders own 44.29% of total outstanding shares while institutional holders control 23.42%, with the float percentage being 42.03%. NISHKAMA CAPITAL, LLC is the largest shareholder of the company, while 146.0 institutions own stock in it. As of 2024-06-30, the company held over 1.2 million shares (or 0.9454% of all shares), a total value of $12.27 million in shares.
The next largest institutional holding, with 0.69 million shares, is of VIDENT ADVISORY, LLC’s that is approximately 0.5453% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.08 million.
