Bitdeer Technologies Group (NASDAQ:BTDR) Cut to Strong Sell at Zacks Research

Zacks Research downgraded shares of Bitdeer Technologies Group (NASDAQ:BTDR) from a hold rating to a strong sell rating in a research note released on Monday,Zacks.com reports.

A number of other equities research analysts also recently commented on BTDR. HC Wainwright lowered their price target on shares of Bitdeer Technologies Group from $30.00 to $25.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Rosenblatt Securities restated a “buy” rating and set a $18.00 target price on shares of Bitdeer Technologies Group in a research report on Wednesday. BTIG Research reaffirmed a “buy” rating on shares of Bitdeer Technologies Group in a research note on Friday, January 16th. Cantor Fitzgerald cut their price target on Bitdeer Technologies Group to $34.00 and set an “overweight” rating for the company in a report on Tuesday, December 16th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and set a $14.00 price objective (down from $26.50) on shares of Bitdeer Technologies Group in a report on Tuesday, January 27th. Ten investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $26.60.

Bitdeer Technologies Group Stock Down 5.8%

Shares of NASDAQ:BTDR opened at $8.71 on Monday. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $1.84 billion, a P/E ratio of -2.77 and a beta of 2.40. Bitdeer Technologies Group has a 52-week low of $6.84 and a 52-week high of $27.80. The stock’s fifty day simple moving average is $10.87 and its 200-day simple moving average is $13.96.

Bitdeer Technologies Group (NASDAQ:BTDR) last posted its quarterly earnings data on Thursday, February 12th. The company reported ($0.73) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.59). The company had revenue of $224.84 million for the quarter, compared to analysts’ expectations of $208.25 million. Bitdeer Technologies Group had a return on equity of 8.92% and a net margin of 10.58%.The company’s revenue was up 225.8% on a year-over-year basis. As a group, equities research analysts forecast that Bitdeer Technologies Group will post -0.73 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Bitdeer Technologies Group

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Invesco Ltd. boosted its holdings in shares of Bitdeer Technologies Group by 3.7% in the 4th quarter. Invesco Ltd. now owns 71,930 shares of the company’s stock valued at $806,000 after purchasing an additional 2,597 shares during the last quarter. Vident Advisory LLC raised its position in shares of Bitdeer Technologies Group by 39.3% in the 4th quarter. Vident Advisory LLC now owns 1,186,662 shares of the company’s stock worth $13,302,000 after buying an additional 334,548 shares during the period. Empowered Funds LLC purchased a new position in shares of Bitdeer Technologies Group in the 4th quarter worth $34,000. Vennlight Capital Management LP acquired a new position in Bitdeer Technologies Group in the fourth quarter valued at $1,030,000. Finally, Engineers Gate Manager LP purchased a new stake in Bitdeer Technologies Group during the fourth quarter valued at about $604,000. Institutional investors and hedge funds own 22.25% of the company’s stock.

Key Bitdeer Technologies Group News

Here are the key news stories impacting Bitdeer Technologies Group this week:

• Positive Sentiment: February production report showed a large jump in Bitcoin mined (reported as a ~541% year‑over‑year increase), supporting revenue and operational momentum that traders reward. Bitdeer’s Bitcoin Mining Production Rose 541% In February
• Positive Sentiment: Company announced a production and operations update for February that reinforced the mining growth narrative and noted additional operational progress (also cited by market outlets). Bitdeer Announces February 2026 Production and Operations Update
• Positive Sentiment: Rosenblatt reaffirmed a “buy” rating and set an $18 price target, signaling bullish analyst conviction and giving investors an upside anchor. Rosenblatt Buy Rating / $18 Target
• Neutral Sentiment: Coverage/market commentary has framed Bitdeer alongside other miners and AI beneficiaries as defying a broader “cooling” narrative, which can support sentiment but is not company‑specific proof of sustained earnings improvement. MSN: Eric Jackson on AI demand and miners
• Neutral Sentiment: Short‑interest data in recent feeds appears inconsistent (reports show zeros/NaN despite claims of an increase), so short‑squeeze risk or covering dynamics are unclear from the public data. (No reliable link available in the feed.)
• Negative Sentiment: Northland Securities cut near‑term and full‑year EPS forecasts across Q1–Q4 2026 and FY2026 (FY now -$1.46 vs prior -$1.35), signaling expectations for weaker profitability ahead and adding downside risk to valuation. Northland lowers BTDR EPS estimates

Bitdeer Technologies Group Company Profile

Bitdeer Technologies Group Inc (NASDAQ:BTDR) is a global digital asset mining and computing services provider focused on delivering secure and efficient hashrate solutions to institutional and retail customers. The company leverages its proprietary mining platform to offer hosted mining, hashrate sales and management services, enabling clients to access large-scale mining operations without direct investment in hardware or infrastructure.

Bitdeer’s core offerings include mining hosting services, whereby the firm installs, operates and maintains specialized mining equipment on behalf of customers, and hashrate-as-a-service products that provide fixed-capacity mining power with transparent pricing structures.