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Bitdeer Technologies GroupNasdaqCM:BTDR Stock Report

Market Cap US$2.7b
Share Price
US$11.84
US$20.87
43.3% undervalued intrinsic discount
1Y7.9%
7D-1.8%
Portfolio Value
View

Bitdeer Technologies Group

NasdaqCM:BTDR Stock Report

Market Cap: US$2.7b

Bitdeer Technologies Group (BTDR) Stock Overview

Operates as a technology company for blockchain and high-performance computing (HPC) in Singapore, the United States, Bhutan, and Norway. More details

BTDR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance2/6
Financial Health1/6
Dividends0/6

BTDR Community Fair Values

Create Narrative

See what 81 others think this stock is worth. Follow their fair value or set your own to get alerts.

Community Contributor
US$6.85FV 64.1% undervalued intrinsic discount
73.0%Revenue growth p.a.
3.1k
7
0
74
1mo ago

Bitdeer Technologies Group Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bitdeer Technologies Group
Historical stock prices
Current Share PriceUS$11.84
52 Week HighUS$27.80
52 Week LowUS$6.92
Beta2.28
1 Month Change26.77%
3 Month Change-9.20%
1 Year Change7.93%
3 Year Change88.84%
5 Year Changen/a
Change since IPO18.40%

Recent News & Updates

BTDR: Rising Self Mining Output Will Offset AI Cloud Uncertainty

The analyst fair value estimate for Bitdeer Technologies Group has shifted slightly higher to about $20.87 from $20.78, as analysts factor in reduced discount rates and modestly adjusted margin and P/E assumptions, following a series of price target cuts and rating downgrades tied to weaker bitcoin pricing and uncertainty around the AI cloud focus. Analyst Commentary Recent Street research has turned more cautious on Bitdeer Technologies Group, with several firms cutting price targets and adjusting ratings as they revisit assumptions around bitcoin exposure and the pivot toward AI cloud services.

BTDR: Rising Self Mining And AI Cloud Buildout Will Drive Upside

Analysts have lowered their average price target for Bitdeer Technologies Group from about $28.92 to about $20.78 as they factor in lower revenue growth and profit margin assumptions, a higher discount rate, and recent cuts to individual targets that reflect weaker bitcoin pricing and questions around the company’s AI cloud focus. Analyst Commentary Recent research updates paint a mixed picture for Bitdeer Technologies Group, with several firms adjusting ratings and targets as they reassess execution risks, capital allocation and exposure to bitcoin price movements.

Recent updates

BTDR: Rising Self Mining Output Will Offset AI Cloud Uncertainty

The analyst fair value estimate for Bitdeer Technologies Group has shifted slightly higher to about $20.87 from $20.78, as analysts factor in reduced discount rates and modestly adjusted margin and P/E assumptions, following a series of price target cuts and rating downgrades tied to weaker bitcoin pricing and uncertainty around the AI cloud focus. Analyst Commentary Recent Street research has turned more cautious on Bitdeer Technologies Group, with several firms cutting price targets and adjusting ratings as they revisit assumptions around bitcoin exposure and the pivot toward AI cloud services.

BTDR: Rising Self Mining And AI Cloud Buildout Will Drive Upside

Analysts have lowered their average price target for Bitdeer Technologies Group from about $28.92 to about $20.78 as they factor in lower revenue growth and profit margin assumptions, a higher discount rate, and recent cuts to individual targets that reflect weaker bitcoin pricing and questions around the company’s AI cloud focus. Analyst Commentary Recent research updates paint a mixed picture for Bitdeer Technologies Group, with several firms adjusting ratings and targets as they reassess execution risks, capital allocation and exposure to bitcoin price movements.

Bitdeer Repositioning To Ride The AI Data Center Wave

Mar 31

BTDR: Rising Self Mining And AI Cloud Shift Will Drive Upside

The analyst price target for Bitdeer Technologies Group has been reduced by about US$3 to reflect a lower fair value estimate and a higher assumed discount rate, as analysts factor in recent cuts to Street targets tied to uncertainty around the company’s increased focus on AI cloud services and shifts in the revenue mix between self mining and hosting. Analyst Commentary Recent Street research on Bitdeer Technologies Group reflects a split view, with some analysts highlighting upside tied to bitcoin self mining performance and capacity expansion, while others focus on execution risk around the pivot toward AI cloud services and changes in the revenue mix.

BTDR: Rising Self Mining And Power Capacity Are Expected To Drive Upside

Narrative Update The analyst price target for Bitdeer Technologies Group has been adjusted to about $31.92, reflecting revised fair value and P/E assumptions as analysts weigh recent Q3 revenue beats, strong self mining BTC trends, hosting contract roll offs, and evolving expectations for power capacity growth and revenue diversification through 2026. Analyst Commentary Recent research reports point to a mixed but generally constructive view on Bitdeer Technologies Group, with target prices moving both higher and lower as analysts react to Q3 results, self mining trends, and changes in hosting contracts.

Investors Appear Satisfied With Bitdeer Technologies Group's (NASDAQ:BTDR) Prospects As Shares Rocket 50%

Jan 15
Investors Appear Satisfied With Bitdeer Technologies Group's (NASDAQ:BTDR) Prospects As Shares Rocket 50%

BTDR: Rising Power Capacity And Self Mining Are Expected To Drive Upside

Analysts have trimmed their fair value estimate for Bitdeer Technologies Group from US$34.15 to US$33.00 after updating assumptions to reflect higher projected revenue growth, wider profit margins, a lower discount rate, and a reduced future P/E multiple. This revision is supported by recent price target increases to US$30 and US$35 that cite stronger self mining revenue and expanding power capacity as key drivers.

BTDR: Expanding Power Capacity Will Drive Self Mining Upside Amid Power Scarcity

Analysts have modestly trimmed their fair value estimate for Bitdeer Technologies Group to approximately $34.15 from about $34.79 per share. This reflects a slightly higher discount rate, even as they highlight continued upside from the company’s expanding power capacity, accelerating self-mining revenue, and diversified growth opportunities.

BTDR: Expanding Power Capacity Will Fuel Leadership Amid Tight Industry Supply

Bitdeer Technologies Group's analyst price targets have been raised from $24 to $20 up to $30 to $35 per share, as analysts cite stronger-than-expected self-mining revenue growth and expanding power capacity as key factors supporting the new outlook. Analyst Commentary Recent analyst research highlights a largely positive outlook for Bitdeer Technologies Group, with several bullish adjustments to price targets and evaluations of the company's strategic moves and market positioning.

BTDR: Expanding Power Capacity Will Drive Upside Amid Sector Supply Constraints

Analysts have raised their price target for Bitdeer Technologies Group by approximately $2.12 to $34.79, citing strong self-mining revenue growth, improved profit margins, and increased diversification of revenue streams as key drivers for the upward revision. Analyst Commentary Recent research updates reflect increasing confidence among analysts regarding Bitdeer Technologies Group's near- and medium-term prospects.

Bitdeer Technologies Group's (NASDAQ:BTDR) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors

Nov 13
Bitdeer Technologies Group's (NASDAQ:BTDR) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors

BTDR: Expanding Power Portfolio Will Unlock Competitive Advantage Amid AI Infrastructure Shift

Analysts have raised their fair value price target for Bitdeer Technologies Group from $28.05 to $32.68. They cite improved revenue growth forecasts, stronger profit margins, and sector tailwinds from increasing AI infrastructure demand.

ASIC Technology And Gas Plant Will Unlock New Opportunities

Analysts have raised their price target for Bitdeer Technologies Group from $24.33 to $28.05, citing increased revenue growth expectations and the sector-wide uplift from recent data center infrastructure deals. Analyst Commentary Recent analyst commentary on Bitdeer Technologies Group highlights both the opportunities and risks facing the company amid fast-evolving changes in the data center and AI infrastructure landscape.

ASIC Technology And Gas Plant Will Unlock New Opportunities

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.

Bitdeer Technologies Group (NASDAQ:BTDR) Stocks Shoot Up 31% But Its P/S Still Looks Reasonable

Sep 19
Bitdeer Technologies Group (NASDAQ:BTDR) Stocks Shoot Up 31% But Its P/S Still Looks Reasonable

ASIC Technology And Gas Plant Will Unlock New Opportunities

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.

ASIC Technology And Gas Plant Will Unlock New Opportunities

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.

Bitdeer Technologies Group (NASDAQ:BTDR) Looks Just Right With A 45% Price Jump

May 30
Bitdeer Technologies Group (NASDAQ:BTDR) Looks Just Right With A 45% Price Jump

Is Bitdeer Technologies Group (NASDAQ:BTDR) Weighed On By Its Debt Load?

May 20
Is Bitdeer Technologies Group (NASDAQ:BTDR) Weighed On By Its Debt Load?
User avatar

ASIC Technology And Gas Plant Will Unlock New Opportunities

Proprietary technology and vertical integration aim to reduce costs, drive revenue growth, and improve operational efficiency in the ASIC and Bitcoin mining markets.

Positive Sentiment Still Eludes Bitdeer Technologies Group (NASDAQ:BTDR) Following 33% Share Price Slump

Apr 09
Positive Sentiment Still Eludes Bitdeer Technologies Group (NASDAQ:BTDR) Following 33% Share Price Slump

Slammed 35% Bitdeer Technologies Group (NASDAQ:BTDR) Screens Well Here But There Might Be A Catch

Feb 05
Slammed 35% Bitdeer Technologies Group (NASDAQ:BTDR) Screens Well Here But There Might Be A Catch

Bitdeer: The Bitcoin Miner To Watch In 2025

Dec 30

Bitdeer Technologies Group (NASDAQ:BTDR) Stock Catapults 50% Though Its Price And Business Still Lag The Industry

Nov 12
Bitdeer Technologies Group (NASDAQ:BTDR) Stock Catapults 50% Though Its Price And Business Still Lag The Industry

Bitdeer Technologies Group (NASDAQ:BTDR) Surges 28% Yet Its Low P/S Is No Reason For Excitement

Sep 28
Bitdeer Technologies Group (NASDAQ:BTDR) Surges 28% Yet Its Low P/S Is No Reason For Excitement

The Market Doesn't Like What It Sees From Bitdeer Technologies Group's (NASDAQ:BTDR) Revenues Yet As Shares Tumble 28%

Aug 13
The Market Doesn't Like What It Sees From Bitdeer Technologies Group's (NASDAQ:BTDR) Revenues Yet As Shares Tumble 28%

Shareholder Returns

BTDRUS SoftwareUS Market
7D-1.8%-0.6%0.8%
1Y7.9%-8.3%27.7%

Return vs Industry: BTDR exceeded the US Software industry which returned -9.8% over the past year.

Return vs Market: BTDR underperformed the US Market which returned 28.7% over the past year.

Price Volatility

Is BTDR's price volatile compared to industry and market?
BTDR volatility
BTDR Average Weekly Movement13.5%
Software Industry Average Movement10.2%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

Stable Share Price: BTDR's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: BTDR's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a183Jihan Wuwww.bitdeer.com

Bitdeer Technologies Group operates as a technology company for blockchain and high-performance computing (HPC) in Singapore, the United States, Bhutan, and Norway. The company offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining rig hosting solutions comprising deployment, maintenance, and management services for cryptocurrency mining; as well as mines cryptocurrencies for its own account. It also operates mining datacenters to generate hash rate; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining rigs.

Bitdeer Technologies Group Fundamentals Summary

How do Bitdeer Technologies Group's earnings and revenue compare to its market cap?
BTDR fundamental statistics
Market capUS$2.72b
Earnings (TTM)US$65.60m
Revenue (TTM)US$620.25m
43.5x
P/E Ratio
4.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BTDR income statement (TTM)
RevenueUS$620.25m
Cost of RevenueUS$559.26m
Gross ProfitUS$60.99m
Other Expenses-US$4.60m
EarningsUS$65.60m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 14, 2026

Earnings per share (EPS)0.27
Gross Margin9.83%
Net Profit Margin10.58%
Debt/Equity Ratio115.4%

How did BTDR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 14:48
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bitdeer Technologies Group is covered by 14 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian KinstlingerAlliance Global Partners
Mark PalmerBenchmark Company
Nicholas GilesB. Riley Securities, Inc.