BTDR Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for BTDR stock have an average target of 14.3, with a low estimate of 9.00 and a high estimate of 18. The average target predicts an increase of 23.92% from the current stock price of 11.54.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$9.00	$14.3	$15	$18
Change	-22.01%	+23.92%	+29.98%	+55.98%

Analyst Ratings

The average analyst rating for BTDR stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	7	7	7	7	8	8
Buy	1	1	1	1	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kevin Cassidy Rosenblatt	Rosenblatt	Strong Buy Maintains $9 → $17	Strong Buy	Maintains	$9 → $17	+47.31%	Nov 19, 2024
Darren Aftahi Roth MKM	Roth MKM	Strong Buy Maintains $14 → $15	Strong Buy	Maintains	$14 → $15	+29.98%	Nov 19, 2024
Mark Palmer Benchmark	Benchmark	Strong Buy Reiterates $16	Strong Buy	Reiterates	$16	+38.65%	Nov 19, 2024
Mike Grondahl Northland Capital Markets	Northland Capital Markets	Buy Maintains $13 → $14	Buy	Maintains	$13 → $14	+21.32%	Nov 19, 2024
Mike Colonnese HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $17 → $18	Strong Buy	Maintains	$17 → $18	+55.98%	Nov 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

396.35M

from 368.55M

7.54%

from 368.55M

Revenue Next Year

563.41M

from 396.35M

42.15%

from 396.35M

EPS This Year

-0.20

from -0.51

EPS Next Year

0.29

from -0.20

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	88.77M	186.39M	394.66M	333.34M	368.55M	396.35M	563.41M	776.93M
Revenue Growth	-	109.96%	111.74%	-15.54%	10.56%	7.54%	42.15%	37.90%
EPS	-0.00	-0.00	0.75	-0.56	-0.51	-0.20	0.29	0.45
EPS Growth	-	-	-	-	-	-	-	54.88%
Forward PE	-	-	-	-	-	-	39.52	25.52
No. Analysts	-	-	-	-	-	12	11	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	455.4M	692.5M	1.1B
Avg	396.4M	563.4M	776.9M
Low	345.0M	442.8M	606.1M

Revenue Growth

Revenue Growth	2024	2025	2026
High	23.6%	74.7%	92.8%
Avg	7.5%	42.1%	37.9%
Low	-6.4%	11.7%	7.6%

EPS Forecast

EPS	2024	2025	2026
High	0.30	1.55	1.42
Avg	-0.20	0.29	0.45
Low	-0.73	-0.31	-0.01

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	385.5%
Avg	-	-	54.9%
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.