It’s still a bull thesis, just subverted: Bitdeer Technologies Holding Co (BTDR)

At the time of writing, Bitdeer Technologies Holding Co [BTDR] stock is trading at $10.53, up 1.25%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BTDR shares have gain 38.19% over the last week, with a monthly amount glided 3.74%, and 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 April 21, 2025, when Needham reiterated its Buy rating and also revised its price target to $13 from $15. Previously, Needham reaffirmed its Buy rating on March 19, 2025, and dropped its price target to $15. On January 27, 2025, Keefe Bruyette initiated with a Outperform rating and assigned a price target of $26.50 on the stock. Northland Capital started tracking the stock assigning a Outperform rating and suggested a price target of $13 on October 09, 2024. Alliance Global Partners initiated its recommendation with a Buy and recommended $14 as its price target on October 08, 2024. In a note dated June 11, 2024, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $13 on this stock.

For the past year, the stock price of Bitdeer Technologies Holding Co fluctuated between $5.25 and $26.99. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. Bitdeer Technologies Holding Co [NASDAQ: BTDR] shares were valued at $10.53 at the most recent close of the market. An investor can expect a potential return of 108.93% 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 0.19% with Operating Profit Margin at -1.7%, Pretax Profit Margin comes in at -1.72%, and Net Profit Margin reading is -1.71%. To continue investigating profitability, this company’s Return on Assets is posted at -0.38, Equity is -1.44 and Total Capital is -0.39. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.03.

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 10.19 points at the first support level, and at 9.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.84, and for the 2nd resistance point, it is at 11.15.

Ratios To Look Out For

It is important to note that Bitdeer Technologies Holding Co [NASDAQ:BTDR] has a current ratio of 0.86. Further, the Quick Ratio stands at 0.56, while the Cash Ratio is 11.09. Considering the valuation of this stock, the price to sales ratio is 5.80, the price to book ratio is 7.32.

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