Update shared on03 Oct 2025
Fair value Increased 8.96%Analysts have raised their fair value price target for Bitdeer Technologies Group by approximately $2. They cite the company's strong Q2 revenue performance and expectations for a significant increase in self-mining capacity over the coming quarters.
Analyst Commentary
Recent updates from Street Research highlight both optimistic and cautious views regarding Bitdeer Technologies Group’s outlook following its latest earnings report.
Bullish Takeaways
- Bullish analysts raised their fair value estimates, reflecting increased confidence in the company’s revenue growth trajectory.
- The strong Q2 performance is viewed as an inflection point and supports Bitdeer’s claim of robust operational momentum.
- Guidance indicating that self-mining capacity will reach 40 EH/s by October 2025 underpins expectations for accelerated expansion in the company’s core business.
- Analysts anticipate a significant ramp-up in sales as Bitdeer executes on its capacity rollout plans, which could enhance prospects for long-term earnings growth.
Bearish Takeaways
- Despite positive revenue results, some bearish analysts have modestly trimmed price targets, signaling ongoing caution about sector dynamics.
- Revised estimates in the high performance computing industry reflect variable demand and market volatility, which could put pressure on valuation multiples.
- Questions remain about Bitdeer’s ability to fully deliver on ambitious self-mining targets within established timelines, highlighting execution risk.
What's in the News
- Launched the SEALMINER A3 series of self-developed Bitcoin mining machines, featuring both air-cooling and hydro-cooling models. The A3 Pro Hydro delivers a hashrate of 660 TH/s and improved energy efficiency (Product-Related Announcements).
- Reported a 33% month-over-month increase in self-mined Bitcoin in August 2025, reaching 375 Bitcoins. This increase was driven by the energization of SEALMINERs (Announcement of Operating Results).
- Achieved a 39% increase in self-mined Bitcoin for June 2025 compared to the previous month, illustrating strong growth in self-mining activities (Announcement of Operating Results).
- Continued to enhance transparency and efficiency within the mining industry through ongoing research and development as well as technological innovation (Product-Related Announcements).
Valuation Changes
- Consensus Analyst Price Target has risen by approximately $2, moving from $22.33 to $24.33.
- Discount Rate has decreased slightly from 8.51% to 8.46%.
- Revenue Growth projection is largely unchanged and remains around 71%.
- Net Profit Margin has fallen modestly, declining from 19.09% to 18.35%.
- Future P/E ratio has increased from 19.85x to 24.56x. This indicates a higher valuation multiple for projected earnings.
Disclaimer
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