Update shared on21 Aug 2025
Fair value Increased 7.54%Strong Q2 results, increased self-mining capacity guidance, and robust expansion expectations have led analysts to raise their price target for Bitdeer Technologies Group from $20.66 to $22.22.
Analyst Commentary
- Strong Q2 results marked an inflection point in financial performance, with a substantial revenue beat.
- The company’s reiterated guidance of achieving 40 EH/s self-mining capacity by October maintains analyst confidence in operational execution.
- Anticipated significant ramp-up in sales as self-mining expansion progresses through the coming quarters.
- Targets adjusted to reflect updated estimates within the high-performance computing segment.
- Temporary reduction in price target from one bearish analyst following Q2 results, despite maintaining a positive long-term outlook for shares.
What's in the News
- Self-mined Bitcoin production increased to 282 in June 2025, up 39% month-over-month due to higher hashrate from energization of SEALMINERs.
- Company added to multiple Russell indices, including 2000, 2500, 3000, Small Cap Completeness, and various growth benchmarks.
- Self-mined Bitcoin output rose to 203 in June and 196 in May, showing sequential monthly increases through Q2 2025 driven by rising hashrate.
- Board authorized a new share buyback program for up to $40 million, valid until May 29, 2026.
- Company completed a prior $20 million buyback, repurchasing 1,830,318 shares, or 0.95% of outstanding shares.
Valuation Changes
Summary of Valuation Changes for Bitdeer Technologies Group
- The Consensus Analyst Price Target has risen from $20.66 to $22.22.
- The Net Profit Margin for Bitdeer Technologies Group has significantly risen from 11.86% to 18.18%.
- The Future P/E for Bitdeer Technologies Group has significantly fallen from 32.17x to 20.48x.
Disclaimer
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