Bitdeer Technologies Group (BTDR)
NASDAQ: BTDR · IEX Real-Time Price · USD
5.69
+0.15 (2.71%)
At close: Apr 18, 2024, 4:00 PM
5.80
+0.11 (1.93%)
Pre-market: Apr 19, 2024, 7:15 AM EDT
BTDR Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for BTDR stock have an average target of 14.42, with a low estimate of 10.5 and a high estimate of 20. The average target predicts an increase of 153.43% from the current stock price of 5.69.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for BTDR stock from 7 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 5 | 7 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 5 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $13 | Strong Buy | Reiterates | $13 | +128.47% | Apr 15, 2024 |
| Needham | Needham | Strong Buy Initiates $14 | Strong Buy | Initiates | $14 | +146.05% | Apr 15, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Initiates $11 | Strong Buy | Initiates | $11 | +84.53% | Apr 9, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $13 | Strong Buy | Reiterates | $13 | +128.47% | Mar 27, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +251.49% | Mar 26, 2024 |
Financial Forecast
Revenue This Year
406.54M
from 368.55M
Increased by 10.31%
Revenue Next Year
479.11M
from 406.54M
Increased by 17.85%
EPS This Year
-0.16
from -0.51
EPS Next Year
-0.10
from -0.16
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 463.5M | 521.9M | 637.0M |
| Avg | 406.5M | 479.1M | 618.8M |
| Low | 354.1M | 424.1M | 594.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 25.8% | 28.4% | 33.0% |
| Avg | 10.3% | 17.9% | 29.2% |
| Low | -3.9% | 4.3% | 24.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.01 | 0.57 | -0.21 |
| Avg | -0.16 | -0.10 | -0.20 |
| Low | -0.39 | -0.58 | -0.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| 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.