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Bitdeer Technologies (BTDR)
NASDAQ:BTDR
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BTDR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.97 - $14.27
Previous Close$11.89
Volume7.71M
Average Volume (3M)3.16M
Market Cap
$1.61B
Enterprise Value$1.56B
Total Cash (Recent Filing)$144.73M
Total Debt (Recent Filing)$92.83M
Price to Earnings (P/E)―
Beta2.16
Next Earnings
Apr 16, 2025EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.24
Shares Outstanding160,366,220
10 Day Avg. Volume7,009,294
30 Day Avg. Volume3,161,332
Standard Deviation0.50
R-Squared0.28
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)5.74
Price to Sales (P/S)16.11
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit20.06
Enterprise Value/Ebitda-939.76
Forecast
1Y Price Target
$15.50Price Target Upside38.52% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Bitdeer Technologies News
Bulls Say, Bears Say
Bulls Say
ASIC Business And Revenue GrowthThe ASIC business not only creates a new source of revenue for Bitdeer but also provides a significant cost advantage over peers, enhancing supply chain control and visibility.
High-Performance Computing (HPC) GrowthPositive results from BTDR’s ~790MW of Ohio capacity highlight significant potential for HPC growth, making the company a strong contender in the medium-term HPC pipeline.
Vertical Integration StrategyBTDR's advancement in vertical integration, with promising demand for Gen2 SEALMINER machines and plans to triple its self-mining hash rate, indicates strong growth potential.
Bears Say
Operational ChallengesThe total ending hash rate of ~17.1 EH/s sits ~19% below estimates as hosting hash rate ended at ~8.5 EH/s, down ~38% from the end of June.
Profitability ConcernsMargins appear to be saved by the more recent rise in BTC price, but with that comes increased volatility around future profitability in BTC mining.
Revenue Decline3Q24 results fall short on lower hosting revenues, with total 3Q24 revenues declining -38% q/q to $62.0M, short of the $81.8M estimate.
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Ownership Overview
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Insiders
0.03% Mutual Funds
11.36% Other Institutional Investors
83.94% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BTDR FAQ
What was Bitdeer Technologies’s price range in the past 12 months?
Bitdeer Technologies lowest stock price was $3.97 and its highest was $14.27 in the past 12 months.
What is Bitdeer Technologies’s market cap?
Currently, no data Available
When is Bitdeer Technologies’s upcoming earnings report date?
Bitdeer Technologies’s upcoming earnings report date is Apr 16, 2025 which is in 145 days.
How were Bitdeer Technologies’s earnings last quarter?
Bitdeer Technologies released its earnings results on Nov 18, 2024. The company reported -$0.35 earnings per share for the quarter, missing the consensus estimate of -$0.097 by -$0.253.
Is Bitdeer Technologies overvalued?
According to Wall Street analysts Bitdeer Technologies’s price is currently Undervalued.
Does Bitdeer Technologies pay dividends?
Bitdeer Technologies does not currently pay dividends.
What is Bitdeer Technologies’s EPS estimate?
Bitdeer Technologies’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Bitdeer Technologies have?
Bitdeer Technologies has 91,383,286 shares outstanding.
What happened to Bitdeer Technologies’s price movement after its last earnings report?
Bitdeer Technologies reported an EPS of -$0.35 in its last earnings report, missing expectations of -$0.097. Following the earnings report the stock price went up 6.853%.
Which hedge fund is a major shareholder of Bitdeer Technologies?
Among the largest hedge funds holding Bitdeer Technologies’s share is Lone Pine Capital LLC. It holds Bitdeer Technologies’s shares valued at 10M.
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Bitdeer Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$15.50 (38.52% Upside)
$15.50 (38.52% Upside)
Blogger Sentiment
Bullish
BTDR Sentiment 87%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.8%
Last 30 Days ▲ 4.9%
Last 30 Days ▲ 4.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
170.28%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
68.34%
Trailing 12-Months
Company Description
Bitdeer Technologies
Bitdeer Technologies is a technology company focused on providing cryptocurrency mining solutions. It operates data centers across multiple locations, offering cloud mining and hosting services to support both institutional and individual clients. The company emphasizes energy-efficient mining practices and sustainable infrastructure to reduce environmental impact.
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BTDR Earnings Call
Q3 2024
0:00 / 0:00
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BTDR Stock 12 Month Forecast
Average Price Target
$15.50
▲(38.52% Upside)
Technical Analysis
Best Analysts Covering BTDR
1 Year
1 Year Success Rate
5/5 ratings generated profit
1 Year Average Return
+66.72%
reiterated a buy rating 4 days ago
Copying John Todaro's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +66.72% per trade.
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