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Bitdeer Technologies (BTDR)
NASDAQ:BTDR
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BTDR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.49 - $14.27
Previous Close$7.79
Volume3.75M
Average Volume (3M)2.60M
Market Cap
$1.09B
Enterprise Value$1.04B
Total Cash (Recent Filing)$144.73M
Total Debt (Recent Filing)$92.83M
Price to Earnings (P/E)―
Beta2.06
Next Earnings
Nov 18, 2024EPS Estimate
-$0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.24
Shares Outstanding160,366,220
10 Day Avg. Volume2,927,468
30 Day Avg. Volume2,601,841
Standard Deviation0.50
R-Squared0.28
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)3.78
Price to Sales (P/S)10.88
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit13.33
Enterprise Value/Ebitda-624.22
Forecast
1Y Price Target
$13.78Price Target Upside75.99% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Bitdeer Technologies News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe economics of HPC, with current contracts at approximately $1.5 million per megawatt and 60-70% profit margins, vastly increase revenue and cash flow visibility over 5- to 15-year contracts.
Growth PotentialThe potential for significant growth in AI and HPC in Bhutan is notable as the country considers plans for a 20GW hydropower expansion.
Technological AdvantageBitdeer’s internally developed ASIC provides the company with a unique cost advantage versus peers, along with a new revenue source that could become significant once the company launches its first commercially available mining rig.
Bears Say
Financial PerformanceBitdeer's quarterly revenues experienced a sharp decline, falling significantly short of expectations due to reduced cloud hash rate and hosting revenues.
Operational PerformanceThe total ending hash rate is significantly below estimates, with a notable decline in hosting hash rate since June.
ProfitabilityGross margins experienced a decline, leading to an adjusted EBITDA that missed expectations.
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Ownership Overview
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Insiders
0.03% Mutual Funds
0.17% Other Institutional Investors
95.46% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BTDR FAQ
What was Bitdeer Technologies’s price range in the past 12 months?
Bitdeer Technologies lowest stock price was $3.49 and its highest was $14.27 in the past 12 months.
What is Bitdeer Technologies’s market cap?
Currently, no data Available
When is Bitdeer Technologies’s upcoming earnings report date?
Bitdeer Technologies’s upcoming earnings report date is Nov 18, 2024 which is in 16 days.
How were Bitdeer Technologies’s earnings last quarter?
Bitdeer Technologies released its earnings results on Aug 12, 2024. The company reported $0.036 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.006.
Is Bitdeer Technologies overvalued?
According to Wall Street analysts Bitdeer Technologies’s price is currently Undervalued.
Does Bitdeer Technologies pay dividends?
Bitdeer Technologies does not currently pay dividends.
What is Bitdeer Technologies’s EPS estimate?
Bitdeer Technologies’s EPS estimate is -$0.1.
How many shares outstanding does Bitdeer Technologies have?
Bitdeer Technologies has 91,383,286 shares outstanding.
What happened to Bitdeer Technologies’s price movement after its last earnings report?
Bitdeer Technologies reported an EPS of $0.036 in its last earnings report, beating expectations of $0.03. Following the earnings report the stock price went down -3.549%.
Which hedge fund is a major shareholder of Bitdeer Technologies?
Among the largest hedge funds holding Bitdeer Technologies’s share is D1 Capital Partners LP. It holds Bitdeer Technologies’s shares valued at 5M.
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Bitdeer Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$13.78 (75.99% Upside)
$13.78 (75.99% Upside)
Blogger Sentiment
Bullish
BTDR Sentiment 87%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 785.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 7.2%
Last 30 Days ▲ 7.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
108.28%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
33.72%
Trailing 12-Months
Company Description
Bitdeer Technologies
Bitdeer Technologies is a technology company focused on providing cryptocurrency mining solutions. It operates data centers across multiple locations, offering cloud mining and hosting services to support both institutional and individual clients. The company emphasizes energy-efficient mining practices and sustainable infrastructure to reduce environmental impact.
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BTDR Stock 12 Month Forecast
Average Price Target
$13.78
▲(75.99% Upside)
Technical Analysis
Best Analysts Covering BTDR
1 Year
1 Year Success Rate
7/9 ratings generated profit
1 Year Average Return
+10.20%
assigned a buy rating 29 days ago
Copying Darren Aftahi's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +10.20% per trade.
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