At the time of writing, Bitdeer Technologies Holding Co [BTDR] stock is trading at $11.38, up 0.53%. An important factor to consider is whether the stock is rising or falling in short-term value. The BTDR shares have gain 22.89% over the last week, with a monthly amount drifted -38.55%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bitdeer Technologies Holding Co [NASDAQ: BTDR] stock has seen the most recent analyst activity on January 27, 2025, when Keefe Bruyette initiated its Outperform rating and assigned the stock a price target of $26.50. Previously, Northland Capital started tracking the stock with Outperform rating on October 09, 2024, and set its price target to $13. On October 08, 2024, Alliance Global Partners initiated with a Buy rating and assigned a price target of $14 on the stock. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $13 as its price target on June 11, 2024. Needham started tracking with a Buy rating for this stock on April 15, 2024, and assigned it a price target of $14. In a note dated April 09, 2024, Rosenblatt initiated an Buy rating and provided a target price of $10.50 on this stock.
For the past year, the stock price of Bitdeer Technologies Holding Co fluctuated between $5.23 and $26.99. Currently, Wall Street analysts expect the stock to reach $20.5 within the next 12 months. Bitdeer Technologies Holding Co [NASDAQ: BTDR] shares were valued at $11.38 at the most recent close of the market. An investor can expect a potential return of 80.14% based on the average BTDR price forecast.
Analyzing the BTDR fundamentals
According to Bitdeer Technologies Holding Co [NASDAQ:BTDR], the company’s sales were 349.78M for trailing twelve months, which represents an -21.72% plunge. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.17 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.59 points at the first support level, and at 9.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.04, and for the 2nd resistance point, it is at 12.70.
Ratios To Look Out For
It is important to note that Bitdeer Technologies Holding Co [NASDAQ:BTDR] has a current ratio of 0.68. On the other hand, the Quick Ratio is 0.61, and the Cash Ratio is 1.51. Considering the valuation of this stock, the price to sales ratio is 6.26, the price to book ratio is 3.05.
