Update shared on16 Sep 2025
Fair value Increased 2.08%The consensus price target for Bitdeer Technologies Group was raised to $22.33 as analysts cited a strong Q2 revenue beat, management’s reiterated growth outlook for 2025 self-mining capacity, and expectations of accelerating sales momentum.
Analyst Commentary
- Strong Q2 earnings report represents a positive inflection point in financial performance, highlighted by a major revenue beat.
- Management's reiteration of 2025 guidance, emphasizing 40 EH/s of self-mining capacity by October, reinforces growth confidence.
- Bullish analysts expect significant sales acceleration over the coming quarters as mining capacity expands.
- Adjustments in high performance computing segment estimates reflect recent Q2 actual results.
- Bearish analysts modestly lowered targets to account for updated segment performance, though overall outlook remains constructive.
What's in the News
- Self-mined Bitcoin production rose to 375 in August, a 33% increase from July, driven by higher self-mining hashrate from SEALMINERs energization.
- Self-mined Bitcoin production increased to 282 in July, a 39% increase from June, also due to higher self-mining hashrate from SEALMINERs energization.
- Self-mined Bitcoin production was 203 in June, up 4% from May, attributed to higher self-mining hashrate from SEALMINERs energization.
- Bitdeer Technologies Group was added to multiple Russell indexes, including the Russell 2000, 2500, 3000, Small Cap Completeness, and various growth benchmarks.
Valuation Changes
Summary of Valuation Changes for Bitdeer Technologies Group
- The Consensus Analyst Price Target has risen slightly from $21.87 to $22.33.
- The Future P/E for Bitdeer Technologies Group remained effectively unchanged, moving only marginally from 19.61x to 19.85x.
- The Consensus Revenue Growth forecasts for Bitdeer Technologies Group remained effectively unchanged, moving only marginally from 71.6% per annum to 71.0% per annum.
Disclaimer
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