Bitdeer Technologies Group (BTDR)
NASDAQ: BTDR · IEX Real-Time Price · USD
11.61
+1.02 (9.63%)
At close: Jul 2, 2024, 4:00 PM
11.68
+0.07 (0.56%)
After-hours: Jul 2, 2024, 7:54 PM EDT
BTDR Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for BTDR stock have an average target of 14.21, with a low estimate of 10.5 and a high estimate of 20. The average target predicts an increase of 22.39% from the current stock price of 11.61.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for BTDR stock from 8 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 5 | 7 | 7 | 7 | 7 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 5 | 7 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $14 | Strong Buy | Maintains | $14 | +20.59% | Jul 1, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $13 | Buy | Initiates | $13 | +11.97% | Jun 11, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +72.27% | Jun 11, 2024 |
| Needham | Needham | Strong Buy Reiterates $14 | Strong Buy | Reiterates | $14 | +20.59% | May 15, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +72.27% | May 13, 2024 |
Financial Forecast
Revenue This Year
453.88M
from 368.55M
Increased by 23.15%
Revenue Next Year
674.16M
from 453.88M
Increased by 48.53%
EPS This Year
0.02
from -0.51
EPS Next Year
0.52
from 0.02
Increased by 2,682.32%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 517.8M | 935.8M | 724.0M |
| Avg | 453.9M | 674.2M | 655.3M |
| Low | 399.8M | 459.9M | 583.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 40.5% | 106.2% | 7.4% |
| Avg | 23.2% | 48.5% | -2.8% |
| Low | 8.5% | 1.3% | -13.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.33 | 2.32 | 0.19 |
| Avg | 0.02 | 0.52 | -0.19 |
| Low | -0.28 | -0.65 | -0.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 12,311.3% | -63.7% |
| Avg | - | 2,682.3% | - |
| 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.